Money-focused
Describes an individual, organization, or system primarily driven by the pursuit of financial gain and economic advantage. This orientation prioritizes profit maximization, financial stability, and the accumulation of wealth above other considerations, such as social good, ethical behavior, or personal fulfillment. A money-focused approach often involves careful resource allocation, investment strategies, and a relentless pursuit of efficiency to improve financial outcomes. It can manifest in various degrees, from a subtle emphasis on cost-effectiveness to a dominant, almost exclusive, concern with financial performance.
Money-focused meaning with examples
- The company's marketing strategy was heavily money-focused, prioritizing campaigns that generated the highest immediate returns, even if it meant sacrificing long-term customer relationships. They were less concerned with building brand loyalty, only focusing on what brought in money fast. This approach, while profitable in the short term, may ultimately damage its reputation.
- Some critics argue that the modern healthcare system has become increasingly money-focused, with pharmaceutical companies and insurance providers prioritizing profits over patient well-being. Expensive procedures and medications are preferred for the revenue and there is less focus on preventing illness, which would reduce those profits.
- A money-focused investor might be more inclined to take calculated risks, analyze market trends with laser focus and invest in ventures with high-growth potential, even if those ventures are located in morally gray areas. Their investment decisions are solely guided by return on investment (ROI) not values or societal benefit.
- The political debate surrounding climate change has often been shaped by money-focused interests, with lobbyists and special-interest groups pushing for policies that protect fossil fuel industries and other business entities. Financial gain supersedes ecological concerns.