Business ethics is the manner that a particular required level of trust exists between consumers and various forms of market participants. This business ethics is very significant in business world because it persuades the customers and other markets. .However, many well-known companies have been issued because of they break the business ethics, and trust between them and the customers.

Monsanto Company is the largest seed company which is also called as, “sustainable agriculture company”, which is specialized in genetic manipulations and organisms. This company was too ambitious that they do not matter how healthy the productions are, they only focus on the quantity of the productions that brings money to the owner. This is the cause of why Monsanto has started to make herbicide to increase the amounts of production, and they relaxed customers as “biodegradable”. However, this became an issue later because this is too dangerous to people that this toxic may bring death, fatal sickness to the people.

This company kills the people by intentionally because they knew how dangerous and what will effect to the humans body system. Because of this company, many people do not believe “organic”, even though other productions are real organic commodities. Furthermore, this would decrease the expenditure on the foods, and this would bring huge impact on the markets, especially the large markets. Companies should be honest on the foods because those are what we eat, and enjoy. They should not control it because of only their ambitions.

References: http://www.monsanto.com/whoweare/Pages/default.aspx

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Recent days, the economy growth of the most countries in the world have become inconstant. The world bank decreases the growth prediction for the eastern Asia, especially, for the large parts of eastern Asia. Because of this growth depression of Chinese economy lowers the prices of the productions and it became difficult to expand the industries to other countries such as Indonesia, Malaysia and China itself.

However, lots of experts are saying, even though the East Asia countries have low economic growth forecasts, they would still overcome and take expansion in many other regions. As following this predictions, people also not to depended on the exported productions even though this method takes long time.

Another problem that occurs as these people attempts to drive their economic growth alive is to increase the numbers of people who has used “shadow banking”, which is to lend money from the nonbank institution

According to the research, these days, not only China but also many other countries are in alert seasons because the economic market is not always not true. However, everyone does not give up the hope and trying for the rise of the world economic growth.

References: http://www.nytimes.com/2013/10/08/business/economy/world-bank-scales-back-east-asia-growth-forecasts.html?ref=economy

What do you prefer between the fancy design strawberry cereal or the simple coloured basic cereal? In modern days, design covers the large proportions of the marketing in the market that brings huge impacts because customers love the productions that look fancy and convenient. According to the article, the MasteCard decides to announce a partnership with Conde nast. The partnership is called ShopThis. The new product they offer to the customer is that codes. They target the people who do not have time to go to the grocery stores. What they have to do is that scanning bar codes with their smartphones, their electricity, at home using Peopod, an online grocer. Another point they made is that to get rid of the middle man. The market that does not have middle becomes the real market.

As the article mentioned, new technology which is to scan the bar codes and order the things form the online market is the great idea for the people who are busy to go to the grocery stores. However, this makes people lazy and makes them have to same product for long time. In addition, people love fancy-looking packages because it looks good and expensive. However, the money and time to spend on the only the instant-gratification is wasted of time and not efficient. If the package becomes fancier and bigger, it just makes the trash of it, it may bring larger trashes than the real presents inside it, not cost-efficient product.

References: http://www.nytimes.com/2013/10/08/technology/for-shoppers-next-level-of-instant-gratification.html?ref=business&_r=0