Business Ethics

Companies these days are more concerned about ethics attached to their publicity, and among their shareholders and future investors. All around the globe, one can see that investment now seems to be more sensitive towards fair dealing and conducting of businesses. Ethical awareness spread during the era when companies' frauds are seen very often appearing in the newspaper and media around the globe including major stock listed corporations.

Different nations now share common policies of interest to strengthen ties with other nations and their businesses then tend to grow more rapidly with the understanding of mutual trade agreements to help them in economic growth and development. By joining hands together, it will definitely extend the work by outsourcing to cheap labour in developing nations, creating more job opportunities, and the outcome is prevailing on local and foreign investors. The pros and cons still lay as an open threat to the world and precisely to the poor nations, which constantly struggle to match the ethical requirements to compete in the world market. Global impact of changing business trends to improve quality of production and services costs the companies their skilled workers and resources available at high cost, which are covered by ripping off the unwanted labour from their human resources. This leads to a low profile approach by individuals seeking a proper place in the social and economic norms of life.

Young entrepreneurs have emerged in the business highline voluntary to express their concerns for changing the way of thinking and approach to solutions of problems faced around the world. It proves to be a source of innovative ideas in these voluntary entrepreneurs to uplift the economy as well as bring new ideas of performing activities of daily life to remittance and from import/export of goods to telecommunication.