Business ethics and how it affects our culture

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I will start this declaration of business and how it contributes to change in our lives at present by stating the most obvious. Businesses are not bad for our lives, without businesses the economy would be unbalanced and unpredictable. Businesses are not bad, they are only as bad as we make them in our lives, A business can help make a group of people money but it can also lead to the bankruptcy of other groups. The funny thing is that the group that it can destroy in money terms can be both rich and poor!

People with insufficient income to afford the luxuries that many businesses offer might get themselves into debt to be able to afford them. Statistically in England alone billions of pounds are in debt, if England’s total debt was to be divided per household it would mean that every household would owe at least i?? 7000! I don’t blame this on any business; businesses are simply there to make money, as are we. If you were given the chance to make one million pounds at the minor expense of a couple other people wouldn’t you?

Business has its pros and cons for example the majority of important jobs are in the business industry. Business is a growing industry with growth of employment it not only helps the people involved in the business built the country. Its interesting to see how businesses make their money, two examples could be British gas and Dixon’s. British gas is a gas and electricity company, as we may already know. Dixon’s is an electronic goods store. Both these businesses have one main objective that is to make profit, but how they make their profit is completely different.

If we look into what they both offer we can see that, Dixon’s goods are wants: we don’t need them, we’ll only purchase them if we desire them. On the other hand British gas offers something we need, we don’t have an option about whether we purchase gas/electricity or not! I think British gas is smart because they manage to manipulate the people through careful media into purchasing an obligated product. People have changed their way of being so much that they have changed the word culture to simply nothing. Culture is no longer important to the newer generation.

People tend to be more materialist and don’t worry about culture or their values and morals, even if it means forgetting past traditions and past culture. An example is England it used to be an extreme example of rural culture, due to important changes and the importance of money; people have set the idea aside. Worrying about more important stuff such as work! Compared to before when people used to make a living working with their family on farms, we now live in a world were money is the sole purpose of it.

This is due to all the massive developments that have taken place in the past couple of centuries, Developments such as businesses that also need commercial centres. A live example of the loss of culture can be demonstrated in our youths today, they are so influenced by the gangster image that is portrayed in music videos that it is important for them to show there friends how gangster they can be, even to the extent that they set aside their personality and features that makes them unique.

Culture has been blurred out off our dictionary to the extent that when we mention the word culture everyone has a big discussion as to its meaning. Every dictionary has a different meaning to culture, and we wonder why! I particularly find business interesting due to the fact that I want to be an economic manager in the future. The only way that business jobs may disappear is if money was to cease to exist. This is why I think business is crucial to our society/life, we live in a world were money is important.

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