Xyxox
Hero
See, I'd say they exist to make good, useful, and beneficial products. "Making money" is the means to this end. It's necessary, but it's not why they exist.
Nope, the function of any incroporated entity is to profit. Making good and useful products is the means to the end of turning a profit.
This end is altered slightly for publicly traded companies. The entire reasong for the existence of a publicly traded company is to insure shareholders profit. As above, there are many means to this end, one of which may be producing good and useful products.
Any incorporated entity which fials to keep the eye on the ball (i.e. fails to put profit above all else) will fail.