Disadvantages of being rich There are many disadvantages of being rich. Sure‚ the rich can buy all the material items they want‚ but is that all there is to life? The rich never seem to be able to fully trust their friends. They have problems maintaining long lasting relationships. Family affairs for the rich are strained‚ because of money being the main concern. The wealthy are caught in a struggle of trying to make friends and family happy. The rich never know whom they can trust. Trust is a
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It is true that the internet has made it possible for us to do a lot of things easily; it has a lot of advantages as well as disadvantages to name some of the advantages the internet provides us with unlimited communication and information everything we need to look that can be done just by one click away on the internet. You can even keep in touch with your friends‚ share thoughts
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P1 Describe the ethical issues a business needs to consider in its operational activities. Ethical issues affect all businesses‚ if a particular business is becoming a victim of bad ethical problems it could close because the public perception would be very low. But if a company focuses on good ethical actions like recycling and only buying fair trade produce it would increase their popularity with consumers and boost sale. I have chosen PepsiCo for my business to study because they have been
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3. FTAs – advantages and disadvantages The principal point of Free Trade Agreements is to secure trade liberalisation. While the traditional debate about FTAs is the danger that they can divert rather than create trade‚ the record to date suggests there has been little diversion and that FTAs and regional agreements have been effective in encouraging wider trade liberalisation. A practical advantage of FTAs is that they are quicker and easier to negotiate than multilateral agreements because fewer
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Advantage and Disadvantage of AEC 1 Business of Tourism in Thai will grow: Because Thai is the center of the AEC according on geographic then Thailand will be the main hub for travelling though other country 2Economic Growth: more opportunity for each country because of the bigger size of market and free flow of labor and capital 3 Free Trade Area a common external preferential tariff scheme to promote the free flow of goods within ASEAN.[44] The ASEAN Free Trade Area (AFTA) is an agreement
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NBN advantages and disadvantages NBN (National Broadband Network) in Australia has wide area and largest infrastructure which has great option for business in public and private sector. With NBN the internet connection is very fast and accurate. With this advantage mobile doctors can easily send data to medical centre for further treatment of patient. By this patients are consuming there time and has fast and easy access with doctors for their better health. Centre has the advantage of delays in
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* Ethical relativism : means that there isn’t rational way to decide that if there is an ethical stander is absolutely true or absolutely false . For example : "drinking" is immoral in the Islamic countries ‚ yet "drinking" is not wrong in the other countries . *The objection to theory of ethical relativism : 1 - Some moral standards are found in all societies : it means there are some ethical acts that are immoral in all societies like : Killing 2- Moral differences do not logically imply
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affect the operation of the firms as well as how effectively such actions could have on the society. There have been two main positions on the CSR issue. The first is the Friedmanian one stating that “there is one and only one social responsibility of business – to use its resources and engage in activities designed to increase its profits so long as it stays within the rules of the games” (published in the book “Capitalism and Freedom”). The other view is that companies can and should deviate from the
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technology‚ and machines. While these improvements were made the difference between social classes grew. These are just a few advantages and disadvantages as a result of the industrialization age each with its own reasoning. Over the 40 year period of industrialization people machines‚ and society as a whole were affected by these advantages and disadvantages. Throughout the period of industrialization in America many advances were made in many different fields. This led to a majority
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of people to keep in touch with each other although they are a million of miles away‚ even stresses out overseas. Although humanity has benefited from the resources and convenience provided by telecommunication‚ contradicting these are the disadvantages of telecommunication if misused‚ brutalized and abused. ”Communication ties together the parts of the society just as the nervous system ties together the parts of an individual. From earliest times‚ when the only form of communication was speech
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