Why incidents like PepperFry Scam are not considered a threat

Feb 6
08:26

2013

Sharad Gaikwad

Sharad Gaikwad

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Offline business ventures are facing a decline. People are worried about their job security in the corporate world. Every organisation is facing the wrath of investors. With recession and inflation creating debts, companies are opting for a shorter and economical way to cut down their losses.

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They are terminating services of few employees and labelling it with the term downsizing. Downsizing is a method implemented to make a company cost efficient. There is a specific criterion which has certain categories like age,Why incidents like PepperFry Scam are not considered a threat Articles location of residence, educational qualification etc. An employee that scores low is booted out of the organisation. employers believe this is an easy way out of the predicament they are facing. Every company, and bank is in a rut due to recession in the market. Investors are copping out because they do not want less returns. Due to this employees are bearing the brunt. There are many untracked issues related to unemployment.

People have lost jobs because employers feel they are incompetent. Students studying in business schools have to create their own niche. With no vacancy in the market it will be a cumbersome task for students scouting for jobs. Experts are of the opinion that only experience counts. People with thorough knowledge about technology and who are well versed with the technical know-how’s are more than welcomed in an organisation. With computers replacing man power people with technical knowledge are scouted by organisations. The younger generation have figured out an option for themselves. They are always wired to the Internet, thus online ventures are well suited for these young minds.  Cyber age has arrived and is expanding its boundaries. The younger generation make their presence known by parking their websites online. With so many websites providing an assortment of options to customers, there has been a sudden emergence of technical services. There are entrepreneurs offering cheap servers for online websites. Online ventures have generated abundant employment opportunities for many.

All those well acquainted with computers and the Internet can mint quick bucks by displaying their talent. Online shopping websites are also showcasing the unique skills of new and young designers. This novel concept has created a rage amongst the young shopaholics and entrepreneurs. Today, everybody wants to own a website to show off their talent. However initially there was a lot of negative publicity regarding online ventures. For example, the PepperFry Scam was seen in the wrong light. The PepperFry Scam was hyped thus the online venture had to face a lull. Once this controversy was resolved and retracted the website retained all its loyal customers. With the introduction of secure features like cash on delivery and customer service online ventures were termed safe. People were eager to click and shop. The opportunities offered were numerous. In fact apart from shopping, there were many websites established to cater to other demands. From booking a movie ticket to booking a cab, from reviewing a book to watching a movie online, all these services were provided via the Internet.