BelcherWeek 2 discussionCOLLAPSE New technologies have been super helpful for business due to increased marketing resources, analysis and supplies. They have also increased problems like illegal sales...

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BelcherWeek 2 discussionCOLLAPSE

New technologies have been super helpful for business due to increased marketing resources, analysis and supplies. They have also increased problems like illegal sales and trade, invasion of privacy, hacking, and a larger pool of competitors. With multinational markets, there is a world wide market. This produces larger pools of revenue and competition between countries. Many are against trade and sale with other countries due to wanting money to stay local. Many want money to stay local, so it is used for their own country instead of making other countries richer. Bribes are immoral because money is used to get ahead rather than talent, or knowledge. It puts money before all else, which can diminish the value of the hard work others would put in other wise. You can determine if a bribe has been made in a business transaction when there are promises of additional payment, gifts or cash. It can also be made evident if there is a loss for others.

Answered Same DayNov 29, 2020

Answer To: BelcherWeek 2 discussionCOLLAPSE New technologies have been super helpful for business due to...

Azra S answered on Nov 30 2020
146 Votes
Technology and Bribery
All technology comes with its pros and cons. Technology may be helpful in on
e way but can cause harm in others. Competition is one of the greatest fronts that technology has impacted. Due to technology competition is now not just local, but global in context. Since there is a lot of competition and it is difficult for some businesses to stay in it, they turn to illegal practices to stay within the market.
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