How do Prevalent Scamming Numbers Reflect on the Business World?

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It is no surprise that scamming numbers have risen since the Internet was introduced to the world. Cyberspace has since then become the simplest mean of scamming, where many unfortunate victims essentially have their money stolen right out of their pockets. Paul Carr of Pando Blogs focuses on the scamming that occurs particularly in the tech industry. He explains, on a more general note, that the main reason for increased scamming over time is simply due the rise of egotism in the business world. Other contributing factors include the fact that due to the prevalence of scamming today, more companies are willing to commit the fraudulent act in order to squeeze out a little extra revenue out of customers.


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Obviously there is no questioning the ethics behind scamming, it is wrong, no matter what the context. I completely agree with Carr in his analysis of increased scamming in the tech industry. The rise in scamming symbolizes corruption and reflects on the ethics of the business world as a whole. I also believe that it is foreshadowing the future of business. A change needs to happen in order to prevent future scamming, protect potential future victims of scams, and most importantly, preserve business ethics. Whether this change will happen soon enough, or on a large enough scale to be effective, nobody can be sure. We can only hope that honourable business ethics can conquer scamming, self-seeking stakeholders, in order for justice to prevail.

 

References: https://pando.com/2015/11/17/something-scammy-way-comes/

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