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USFederalReserve t1_je7ko9f wrote

Because reddit likes to forget that publicly owned companies have a non-negotiable fiduciary obligation to maximize profits for shareholders. If they don't, leadership replaces them with someone who will.

People think leadership is disconnected from what the audiences want but in reality it's the audiences that are disconnected from the business operation and how it works.

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reddig33 t1_je8a7mp wrote

Pleasing the shareholder = short term gain.

Pleasing the customer = long term gain.

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