Description: This article includes a list of general references, but it remains largely unverified because it lacks sufficient corresponding inline citations. Please help to improve this article by introducing more precise citations. (June 2012) (Learn how and when to remove this template message)(Learn how and when to remove this template message
Description: Early life. Born in Rochester, New York, James Sibley Watson Jr. was an heir to the Western Union telegraph fortune created by his grandfathers, Don Alonzo Watson and Hiram Sibley.Don Alonzo and Hiram Sibley were such close friends and business partners that they named their sons after each other: James Sibley Watson Sr. and Hiram Watson Sibley. In 1891, J.S. Watson Sr. married Emily, the ...
3. What Is a Business? | Boundless Business - Lumen Learning
Description: The Goals of a Business Profit Maximization. According to economist Milton Friedman, the main purpose of a business is to maximize profits for its owners, and in the case of a publicly-traded company, the stockholders are its owners.