The OLEX Petroleum Company has recently determined that it could cut its refining costs by closing its refinery and consolidating all refining at its Tasberg refinery. Closing the Grenville refinery, however, would mean the immediate loss of about 1,200 jobs in the area. Eventually the lives of more than 10,000 people would be seriously disrupted. Therefore, OLEX's decision, announced yesterday, to keep open shows that at OLEX social concerns sometimes outweigh the desire for higher profits.
Which of the following, if true, most seriously undermines the argument given?