The factor of production is an economic term that describes the inputs used in the production of goods and services in order to make an economic profit. These include any resources needed for the creation of a good or a service. These factors of production are land, which is natural resources used as raw mater. […]
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The Glaxo Smith Kline, Bristol-Myers Squbb, and AIDS in Africa case present ethical scenarios of enormous ethical implications. The case mainly touches on issues of AIDS patients’ medication, patents and intellectual property rights and economic fairness. The companies discussed in this case, Glaxo Smith Kline and Bristol-Myers Squibb, are renowned manufacturers of different drugs and […]
The article on information technology, cumulative, causations and patterns of globalization in the third world by James Jeffrey on the position of Information technology in relation to globalization in the developing world. James argues that although technology has been beneficial, the payback left out most of unprivileged developing countries especially in sub-Saharan Africa. The author […]
Genetic engineering in spite of being an exceedingly advanced technique fails to acquire universal acceptance throughout the globe. Numerous ethical concerns surface concerning the utilization of experimental animals. The modifications set up in the genes of living things are the principal concern of many people. Even though, an extensive assortment of new products has been […]