We all know that earthshaking events are taking place on a daily basis. The world is shrinking through technology, while at the same time the changes that its inhabitants are experiencing are accelerating. Nowhere is this more apparent than when we consider global issues that affect business. What trends are emerging in the business world and how are we to analyze and make use of them? Additionally, what form of business and business models will emerge as most successful? And remember, the number one business rule is documentation, documentation and more documentation. Transparency in reporting processes equate to ethical corporate and social responsibility.
Here are three major issues and perspectives on their evolution in the area of business:
The Impact of Slowing Economic Growth
Right now the slowing economy in the Unites States is causing a ripple effect throughout the world. The main causes of this slowdown are the current housing crisis, high energy costs and the over extension of consumer debt. The major effect being felt from this crisis is that people are losing their jobs and new job creation is not keeping pace with unemployment. When this happens, interest in starting and owning businesses begins to increase. The right kind of business to own in such an environment is a franchise business that deals with essentials that consumers cannot do without. Why a franchise? Because it provides the investor with a chance to use readymade experience that he would otherwise have to acquire on his own and valuable market recognition that would otherwise take years to build. A good example of this kind of franchise is the dry cleaning business.
The Changing Face of Family Units
In today's economic times and in most families both parents have to work. This results in families changing the way they structure their time. Many modern families have breadwinners that work flex schedules, work from many locations, and have to do a lot of traveling or even relocate several times. Such a climate poses major problems for child care. Fathers and mothers have to find businesses that will take care of their children while they attend to the demands of their positions. This trend demonstrates yet another one of those global issues that affect business that can be solved most effectively by franchising. There are many good child care franchises out there. By making the investment into one of them the buyer eliminates the problems with higher insurance costs and poor business models.
The Challenges of An Aging Population
In the United States it is the graying of the so called "baby boomers" created after the Second World War; In Germany the death rate has not kept pace with the birth rate for more than twenty years; they have to outsource for jobs from India. In Russia the population has been declining steadily over the past ten years.
All of these trends point to the need for businesses that support aging and engage in outsourcing employment. This is a niche which is especially suited to global franchising. Perfect examples are nursing home franchises and temp agencies.
These are just some of the global issues that affect business now and into the future that can be most effectively handled by global franchising efforts.
"In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of." (Chinese Proverb)
Poverty in Pakistan is one of the most burning issues. As of 2010, "about 40 percent of the total population was living below the poverty line" (World Bank). It means more than one-third of the nymphea total population or in other word about 70 million out of 180 million people are living below the poverty line. The history shows that there was declining rate of poverty in 1970s and 1980s. However, from 1990s till today the poverty is in increasing trend. This phenomenon has been called POVERTY BOMB.
The main reasons of Poverty in Pakistan is the destabilizing of democracy, unbridled corruption, fast growing population, sorry state of education sector, ineffective management of natural resources, feudalism, uncontrolled inflation etc. Besides these national factors there are some International factors which have added fuel to the fire. Like global financial crisis, increasing price of oil, world food crisis etc
"Poverty is like punishment for a crime you didn't commit". (Eli Khamarov)
EFFECTS OF POVERTY ON SOCIETY
1. Child Labor
CHILD-LABOR-IN-PAKISTAN
The first and most immediate Effects of Poverty in Pakistani Society is that People will not send their child to Schools. As we know that "CHILD IS THE FATHER OF TOMORROW", if our child wasted in this way then not only our Society but Country will face problems in the future. Today in Pakistan about 4 million Children in the age group of 5-14 years are working (Federal Bureau of Statistics).
This is poverty which force them to work in the formative years at very risky places i.e. Underground mines, work with live electrical wires over 50 V, Cement industry, Tobacco process and manufacturing etc.
2. De-track from Moral and Religious values
"No man can worship God or love his neighbor on an empty stomach." (Woodrow- T. Wilson)
From the above quotation we can very easily understand that what people are doing in the state of Poverty. They did not care of the Moral or Religious value. What is good for them is that which satisfy their needs and necessities.
3. Crimes and Violence
Crime and violence is the direct Effect of Poverty in Pakistan. The most common form of human trafficking is for prostitution (violence), which is largely fueled by poverty. According to a survey, most of poor men violence on their wives for income purposes. They force their women family members to earn something even by selling their bodies. Street crime is also the ultimate Effect of Poverty in Pakistan.
4. Health Problems
Poor people are suffering from so many diseases. They haven't enough resources for treatment. This is the reason that Pakistan is ranked 135th out of 194 countries in the Index of Life Expectancy at the time of Birth. In Pakistan the life Expectancy rate at the time of Birth is very low i.e. 65 years. Whereas, in western countries it is 80+ years i.e. Japan, Hong Kong, Australia, Switzerland, Iceland etc
5. Sub-standard lives
By observing above factors one can very easily understand that overall Effect of Poverty in Pakistani Society is that, they are living Sub-Standard life.