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Advantages and Disadvantages of the Rise in Corporations

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´╗┐Advantages and Disadvantages of the Rise in Corporations Today we know that corporations, for good or bad, are major influences on our lives. They have essentially become a part of our lifestyle. These multi-national companies based around the world started through the industrial revolution, which was a period in history when people found new and efficient ways of producing goods, manufacturing services and creating new methods of transportation. This lead to exploitation of these corporations such as: child labour, low wages, poor working conditions and long working hours. ...read more.


As a result of this, trade unions formed. Their purpose was to protect and improve people's pay and conditions of employment. They also campaigned for laws and policies which will benefit working people. Trade unions exist because an individual worker has very little power to influence decisions that are made about his or her job. By joining together with other workers, there is more chance of having a voice and influence. The first fair trade shop was The Co-operative founded in 1863 who now sells more fair-trade products than any other retailer (over 2,200). ...read more.


McDonald's picked up the worst rating by The Ethical Reputation Index with 35 per cent of the UK population describing the way it treats suppliers, staff, customers and the environment as poor or very poor. Nike and Shell also occupied the worst 10 slots, as did Barclays, BP and Camelot. Oil and fuel were the worst-rated sectors, followed by clothing. We as a society are affected immensely by these companies. They use commercial methods influencing their audiences negatively. McDonalds use advertising campaigns to target young children such as Ronald McDonald the clown to get young children interested in the happy meal. Also, McDonalds sponsors movies and create franchise ...read more.

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