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UPS Discussions
Numbers -VS- Customers
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<blockquote data-quote="Re-Raise" data-source="post: 821292" data-attributes="member: 16501"><p>I think it really is a problem that many decisions at the highest level now are being made solely for the benefit of shareholder value. </p><p> </p><p>It has been stated on other threads that it should be that way because they "own" the company. I own stock in a lot of companies and have a degree in Business. I would argue that shareholders for the most part are very short sighted and couldn't really care about the long term health of a company.</p><p> </p><p>As long as they can cash their dividend checks and sell their shares for more than they bought them for they are happy. At the first sign of trouble they can just bail out.</p><p> </p><p>On the other hand the people who depend on the company for their jobs should care about the health of the company. I know I do. The health of UPS depends on people choosing us for their shipping. </p><p> </p><p>Hopefully corporate doesn't try to squeeze every penny of short term profit out to please the shareholders and cost us our customers because of a decrease in service.</p></blockquote><p></p>
[QUOTE="Re-Raise, post: 821292, member: 16501"] I think it really is a problem that many decisions at the highest level now are being made solely for the benefit of shareholder value. It has been stated on other threads that it should be that way because they "own" the company. I own stock in a lot of companies and have a degree in Business. I would argue that shareholders for the most part are very short sighted and couldn't really care about the long term health of a company. As long as they can cash their dividend checks and sell their shares for more than they bought them for they are happy. At the first sign of trouble they can just bail out. On the other hand the people who depend on the company for their jobs should care about the health of the company. I know I do. The health of UPS depends on people choosing us for their shipping. Hopefully corporate doesn't try to squeeze every penny of short term profit out to please the shareholders and cost us our customers because of a decrease in service. [/QUOTE]
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