MULTI DIMENSION IMPACT ACCOUNTING (MDIA)

What is the Purpose of …?

Table of Contents What is the Purpose of …? 1 Background 6 TO DO 6 Complete this paper 6 Develop an app 6 Incorporate purpose into the MDIA framework 6

Infrastructure 7 A house 7 A road 7 Water mains 7 Sewers 7 Electricity distribution 7 Electricity transmission (the Grid) 7 Oil and gas pipelines 7 Gas distribution 7 Airports 7 Seaports 7 Railroads 7 Bus terminals 8 Train terminals 8 Communications 8 Data centers 8 Military intelligence satellites 8 Research satellites 8 GPS satellites 8

Religion 9 What is the purpose of religion 9 A church 9 A synagogue 9 A mosque 9 A temple 9

Retail 10 A department store 10 A discount store 10 A supermarket 10 A bodego 10 A convenience store 10 A liquor store 10 Big box general store 10 A clothing store 10 Jeweler 10 Flee market 10

Restaurants 12 A coffee shop 12 A chain restaurant 12 A fast food restaurant 12 A pizza place 12 Personal service 13 Hairdresser / barber 13 Hair stylist 13 Nails 13 Spa 13 Health club 13 Pawn shop 13 Shoe repair 13 Laundromat 13 Dry cleaners 13

Service 14 Automobile service 14 Residential heating and air conditioning 14 Landscaping and lawn service 14

National Security 15 The army 15 The navy 15 The air force 15 The coast guard 15 Special forces 15 Intelligence 15

Government 16 Civil service 16 Administration 16 Executive 16 Legislative 16 Judiciary 16 Ministry of Finance 16 Ministry of Housing 16 Ministry of Public Works 16 Ministry of Defense 16 Ministry of Foreign Affairs 16 Ministry of Home Affairs 16 Ministry of the Environment 17 The budget 17 The courts 17 The prisons 17 Statistics 17 The census 17

Health 18 Medical research 18 Hospitals 18 Clinics 18 Doctor's offices 18 Training 18 Doctors 18 Doctor certification 18 Nurses 18 Nurse assistants 18 Community health workers 18 Advertising 18 Pharmaceutical research 19 Pharmaceutical patents 19 Drug prices 19 Health Insurance Company 19 National health system 19 Specialists 19

Education 20 Pre school education 20 Kindergarten 20 Primary school 20 Secondary school 20 Community college 20 Vocation training 20 University 20 Post grad study 20 Special education 20 Financing students 20 Financing educational establishments 20

Manufacturing 21 Supply chain 21 Logistics 21 Workplace safety 21 Payroll 21 Employee benefits 21 Robotics 21 Inventory control 21 Quality control 21

Marketing 21 Advertising 21 Trade shows 21 Brand PR 22 Risk management 22

Agriculture 23 Genetically modified seeds 23 Fertilizers 23 Pesticides 23 'Roundup' 23 Soil conservation 23 Permaculture 23 'Natural' 23 Irrigation 23 Antibiotics 23 Growth hormones 23 Managing runoff 23 Localization 24 Greenhouses 24 Hydraponics 24 Aquaponics 24

Sports 25 A professional team 25 A star player 25 A stadium 25 Children's sport 25 High school sport 25 College level sport 25 Gambling on sports 25 Drugs in sports 25

The Arts and Culture 26 Music 26 A symphony orchestra 26 A choral group 26 A music ensemble 26 A jazz group 26 A pop group 26 Opera 26 Dance 26 Classical ballet 26 Contemporary dance 26 Ballroom dancing 26 Art 27 Art galleries 27 Museums 27

CONTACT 28 Founder / CEO … TrueValueMetrics 28 Mailing Address: 28 Internet/communications footprint 28 Print on Demand Books: 28

Background

The conventional wisdom in some circles is that the purpose of business is to make profit, and if a business makes profit, then there will be an optimization of the economy and the maximum of benefit for society. This is the basic premise of the Adam Smith argument for a laissez faire market economy, and it has worked better for most of the last three hundred years than the alternatives.

The modern version of this argument is that business has to optimize its performance relative to the interest of the owners … the stockholders. Some executives have argued that to do anything else is a breach of trust and executives could be held accountable in law for their actions.

This idea has been challenged. Whether or not the law requires optimization of business for the benefit of stockholders, there are initiatives to make it clear that the 'purpose' of the business is to make a contribution to society using the resources of the business. One such initiative in the United States is the B Corp movement, which specifically has articles in the Bye Laws to ensure that social benefit is a legitimate goal of the business.

Whether or not there is a problem in law to do things that are valuable for society … for people and planet … the metrics of state, progress and performance may be structured so that it is possible to see what is going on and understand the implications.

TO DO
Complete this paper
Flesh out this paper with a complete set of statements of purpose for all the elements listed
Develop an app
Develop a mobile app to build a database of statements of purpose that can be used for analysis
Incorporate purpose into the MDIA framework
Make purpose a part of the analysis of each of the main elements of MDIA