Critically analyse and discuss in depth aspects of enterprise Essay

Critically analyse and discuss in depth aspects of enterprise - Essay Example The tough rules and regulations for starting a business have been liberalized by many countries in order to boost the domestic business as well as for attracting foreign direct investment. Business start ups have positive impacts on economical, political and social aspects and hence the business start ups are normally encouraged by many governments. Without the development of industry no country can able to develop. The yield from agriculture alone may not be sufficient enough for strengthening the economy. Moreover the agricultural yields depend on so many natural parameters and hence nobody can ensure a fixed income from agricultural yields. On the other hand industrial development or business development may help a nation in achieving economic targets and thereby a nation can stabilize the economic growth. â€Å"According to an EU study, benchmarking the then EU 15 Member States, in 2001 the average time to start-up a company in the EU 15 was 22 days and the cost â‚ ¬ 827. At the base of this process lays the fact that countries with lesser administrative burdens in the procedures required to create a company (cheaper and faster start-ups) have greater numbers of business start-ups.† (Start-up procedures - An overview, n.d) An average business can be set up within short time span if the rules and regulations of the country are liberalized. Most of the countries who previously administered strict rules for starting a business have liberalized their norms, realizing the importance of business in the development of economy. Through business, whatever the available resources in a country can be utilized effectively. The economy of a country develops only when all the resources of the country utilized in a positive manner. For example, India is a country having over a billion populations. Most of the youths in India are unemployed though they have good education.

How does our economic system shape our values and our behaviors in the Essay

How does our economic system shape our values and our behaviors in the workplace - Essay Example Education offers them the requisite knowledge and skills to climb the economic ladder. Workers who are well educated are open to resources and are employable within the economic system of US. On the other hand, the workers have changed their view of tax and want reforms implemented to reduce over-taxation on people with benefits. Employees are considering alternative means of generating income. Despite the financial crisis in the economic systems, workers must assume responsibilities in their households. The solution does not lie in the salaries they get because they are not enough. The novel possibilities that workers are considering viable alternatives for getting extra income include foreign employment, selling forehead for commercial advertising and engage in private military contracts among other legal options. However, the alternatives demand relevant qualification, nationality, and qualification. Workers have become socially segregated in the workplace (Kasser, Cohn, Kanner & Ryan, 2007). Workplace features employees with different social classes. The difference in economic and social statuses has led to a wide inequality gap. Workers are struggling to deliver in their jobs while still demanding for class recognition. The situation has damaged the social stability in the workplace and the overall productivity of the firms. The strong social and economic conflict between the rich and poor in the workplace will have profound effects on the national politics and economy, in general. A people divided cannot embrace the same economic agenda. Employees have embraced the values of competitive achievement and power (Kasser, Cohn, Kanner & Ryan, 2007). The values are aimed at encouraging financial success for all people. Workers have long ceased to think about their interests but the success of other people within their community. However, the