Why cases like the PepperFry Fraud do not influence the minds of online investors

Feb 6
08:26

2013

Sharad Gaikwad

Sharad Gaikwad

  • Share this article on Facebook
  • Share this article on Twitter
  • Share this article on Linkedin

It is important to realise the importance of a job. The prominence of a job and the necessity influences our entire life. Without a stable job, people are forced to lead a poor life.

mediaimage

With no comfort and meagre wages,Why cases like the PepperFry Fraud do not influence the minds of online investors Articles survival is not an easy task but a struggle. People settling for odd jobs and low salaries, is a common sight in this modern world. With people losing their jobs every day, there are few alternatives they can look forward to. The offline ventures are facing a lot of problems and have failed to overcome them. The lack of support from the Government has forced them to adopt stringent methods. They have taken up downsizing and consider it as an economical way to reduce the cost of functioning. Cost effectiveness cannot be bought but has to be instilled. Whether you work for a large scale or a small scale company, every organisation seeks to become cost efficient.

With offline ventures being saturated at one point, employees are quitting their jobs. The employee turnover rate has increased in the recent years. Youngsters are following alternative paths to success. They have carved a niche for themselves. Business schools train students to be leaders and entrepreneurs. With online ventures creating a rage in every corner of the world, youngsters are becoming entrepreneurs with their business degrees. The Internet has become a public platform. Every individual with a dream to make it big is welcomed by the Internet. You do not need a degree to start a business; you only require learning the ropes of the trade. Online business ventures are quick. You need a business plan and collaborators. Later you can create a website and register with the desired name. The gestation period is less as compared to offline business ventures.  The start up time is also less. Many have started websites catering to different services. For example, booking movie tickets is also done through a website. Reserving a table at a restaurant is done through a website. Moreover paying utility bills and making bank transactions is simplified via the Internet. The Internet has been offering so many job opportunities for those in the creative field. From technicians, to software engineers, from graphic designers to writers, everybody can flourish in their career with the help of the Internet. The Internet is swamped with numerous websites helping people accomplish their daily chores.

Due to incidents like the PepperFry Fraud, it was difficult to retain loyalty of the customers. However once the PepperFry Fraud was resolved and the statements were retracted, everything fell into place. People were trilled especially the shopaholics. Shopping online eliminates the need to move from one place to another in search f the perfect dress. With the computer in front of you, you can shop for shoes, dresses and accessories from within the confines of your house. You do not have to window shop anymore. There are many investors earning lump sum returns through the Internet.  These investors are spending to expand the horizons of the Internet.

Article "tagged" as:

Categories: