Thursday, May 16, 2019
Case Study for International Finance Essay Example | Topics and Well Written Essays - 500 words
Case Study for International Finance - move ExampleThough it aims to promote fair trade in industries, it has remained controversial de pain of its long domain in the field of business. The sustainability of an economic justice mannikin is definitely hard. It requires the cooperation of all the people who are problematical in its application. If those people will unite to follow all the requisites of that specific economic justice model it may lead to its long term efficacy and success. However, if an organization fails to fulfill its promise of prosperity, it will finally lose its magnetism among the industry members who believe or are about to believe in it. Organizations campaign to be too exaggerated when it comes to setting their rules and limitations to the extent that they no longer mind its effect on the workers and the product. They set their own standards not considering how it will impact those who are at the starting phase of business, almost importantly the worker s. The structure of modern economic justice at this point in time seems to be too unjust, most especially to the less privileged members of the society. Some critics blame the ineffectiveness of these models to globalization. In spite of the opportunities brought by globalization to the worldwide economy, it has caused income inequality in some nations (Kapstein, 2004).