A business is a legally recognized organization providing goods and services to the consumers in exchange for money. Not every one is cut out to become a business owner. Most people cannot afford to start a new business either because they cannot leave their jobs and face the risk involved in starting a business. In fact, not many people have the attributes necessary to start a business or the aptitude of a successful entrepreneur. The path to success has many road blocks along the way but if business ownership suits you preparing a great business idea and an excellent plan might be the key to your success.
...In third world countries where business ethics are ignored, the gap between the rich and the poor is widened every day, and as a result, their bonds between the community are weak. In conclusion, a business should act ethical and socially responsible in order to make our world a better place, just for the goodness. Acting according to business ethics may result more profits in the long process but it is not ethical to be ethical for the rewards, therefore it shouldn’t be a goal. Businesses need to build good reputation and it is possible by corporate social responsibility and ethical behavior. In this new era of a new media, unethical acts of companies don’t go unnoticed and unpunished; therefore they need to be more careful.
Another reason, is she wanted to level the playing field; friendly competition is good for business and income. She emphasized the importance of small businesses working together. They are usually located together in a community, and if one is trying to promote his business the others will be recognized as well. Starting a small business and working together increases the property value, and decreases the crime rate. When people purchase items at ... ... middle of paper ... ...e economy, and everyone needs to help to make it better.
Many of the stores that people would like to see in Potsdam are not willing to come for a very important reason. That reason is the risk of failing and all the money that would be spent into bringing these places to Potsdam. The cost of building stores is immense and the cost of transportating merchandise and the income of many people who live in Potsdam aren't willing to spend big money on items. Many of the people that would work are not willing to support the introduction of the big brands because of loyalty to local shops. The zoning laws that would allow stores to come to Potsdam are not in the favor for these big name brands.
“Smaller businesses will be killed off” (Owen). Smaller stores have a small consumer base and the consumer base would be mad if bigger chain stores would kill off one of their favorite stores. Even though people protect their favorite stores, it would be more convenient for shoppers to buy everything they need from one store instead of rushing around town to different stores to buy only one product from each store. Even though smaller businesses are great and nice to have around, larger chain stores are more convenient and will earn more money. Wal-Mart has been innovating and have been trying to serve all kinds of consumers.
Although small businesses do not make a lot of major deals with large investors, most small businesses create profit revenue greater than large corporations. Small business creators are very brave considering only ten percent of small businesses survive. Unfortunately, some communities do not support local small businesses; they only support the large brand name and force small businesses to die out. Since small businesses will not have a name brand known around the world, many people from communities will not support them because they are not known on a national scale. “This, in turn will affect the local economy and drive capital out of their local economy.
Although this company provides a relatively affordable way for low income families to purchase the essentials one needs for life, in several cases we have heard of towns and cities petitioning to not allow this company into their communities? The reason that these communities would not like to have this financial giant in their town is because of the proven negative influence that Wal-Mart has on communities, the families of the employees, and the poor employee relations this company has with its associates. So the question is does the bargain that Wal-Mart offers outweigh the atrocious effects that Wal-Mart brings to the table when it comes to a community? According to several people the answer is, and always will be, no. “Employee Relations involves the body of work concerned with maintaining employer-employee relationships that contribute to satisfactory productivity, motivation, and morale.
Taxpayers are paying the price for Wal-Mart and Food 4 Less. Wal-Mart employees probably don’t care about discounted gains; they cannot afford to get heath care coverage. Living under poverty circumstances, workers most likely live in small apartments, drive beat down cars, and have filed for bankruptcy. However, at the end of the day they can't get low prices they cant even afford. Although I do not agree with this business model I have a job and it helps me pay for my expenses; I have no choice.
Taxpayers have to help support families that can’t support themselves with dismal pay that does not feed them or provide them with the basics to sustatin themselves. Walmart is the king of low price competitors, but at what price? It’s customers benefit more than the employees of the world’s largest retailer? This is true and has been so for over 50 years. They must be stopped, they must be forced to pay competitive wages, employees need to stop suffering to save Walmart’s bottom line.
Community shelters are nearby to help house the homeless but since the number of homelessness is increasing, the amount of space in them are limited. Increasing the amount of shelters has its pros and cons though. Building more shelters mean that the owner of the shelters must pay taxes for the building to stay in business, but luckily, most community shelters are funded by the city or county. This means that the shelters don’t need to pay taxes because the city is already paying for it. There is also a bad si... ... middle of paper ... ...t they are in a family again.