.Some people believe that young people bring more profits to a company. Others say that older people actually bring more profits. Discuss both views and give your opinion
It is widely known that private companies thrive when they are profitable i.e. when their revenues are greater than their expenditure. However, there are predominantly contrasting views where a section of society vociferously deems that youth are capable to bring more profit. While others emphasize that older people, due to their experience, can lead to greater profits than their counterparts.
Apparently, various factors make a section of people advocate that young generation have a positive impact on a company’s bottom line in the profit & loss statement and have many reasons to substantiate this argument. First and foremost is, in 21st century technology is changing dynamicallytechnology has grown by leaps and bounds and it is widely believed that younger people can embrace to these changes better. For example, next generation technology companies like facebook and twitter have a comparatively younger work force that are driving the technology and its changes. Secondly, young people are much more energetic than their older counterparts due to obvious biological reasons. Thirdly, younger generation are much more liberal and have a different world view that is needed in a world changing so quickly.
On the other hand, some believe that old people have an upper edge over young people for myriad reasons. Chiefly, because of the experience old people have an ability to handle important tasks better. To illustrate, Major bigwig companies like TATA, Infosys etc etcetra have people over 50 years of age in the senior management. Additionally, old people are systematic and organized, two significant traits required by corporates which are lacking in young people.
In my opinion, both young and old people bring different skills and traits to the table. Therefore, it is mandatory to have an optimum mix of both in order to reap in more profits. (example needed)
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