Description
Identify at least 2 harmful business practices that arose from the increased industrialization of American society
Compare these harmful business practices with similarly harmful practices in the banking, mining, or petroleum industries today.
Explanation & Answer
2 harmful business practices
1- Fraud and abuse online
2- unnecessarily increased compensations
Comparison with banking
Credit card fraud and online transaction abuse is one of the most prominent harmful business practice in banking system. this type of business fraud is equally active for other industrialized business who have any sort of online connections.
unnecessarily increased employee compensations are reason of people reaching up to getting ways of getting the job done by unethical and wrong means. whether it be banking or any other corporation or company.
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