The article discusses how philosophy of business should be taught in executive MBA courses to provide a broader understanding of business activities. It highlights the limitations of current management theories and practices and emphasizes the importance of considering historical, social, economic, and ecological factors in business decision-making. The philosophy of business explores the role of business in solving human problems and questions whether businesses are private property or social institutions. It also delves into moral obligations associated with business activities. The article traces the development of modern business and economic philosophies back to moral philosophy and discusses the convergence of public and private good in business practices.