Business Economics: Analyzing Pay Inequality & Transformation

This report presents an analysis of a debate between two groups, A and B, concerning whether ending pay inequality requires a transformation of the economic purpose of business. Group A argues that addressing gender pay inequality necessitates a change in the economic goals of businesses, emphasizing that gender equality empowers women in the market. Group B, conversely, opposes the idea that transforming the economic purpose of business is necessary to end gender inequality, suggesting that societal adjustments will naturally occur over time. The report identifies fallacies in both teams' arguments, evaluates the fairness and consistency of judging, and concludes that some transformation is indeed required in business to achieve economic goals in society. Team A is deemed more deserving due to raising critical questions unanswered by the opposition.

BUSINESS ECONOMIC
GROUP C

EXECUTIVE SUMMARY
• In the present report the group c analyzed the debate
between two groups therefore group A and group B.
• The debate is based on the topic ending pay inequality
does/ does not required transformation of the economics
propose of the business.

TABLE OF CONTENTS
• INTRODUCTION
• GRASP OF TEAM ARGUMENT
• IDENTIFICATION OF FALLACIES
• FEEDBACK ON THE PERFOMANCE AND ROOM FOR IMPROVEMENT
• FAIRNESS AND CONSISTANCY IN JUDGING
• CONCLUSION
• REFERENCES

INTRODUCTION
• Business economics refers to the study of
components and functions of marketplace.
• This study consists the issues which is relevant
to the fiscal, structure, market-related faced by
the organizations.

GRASP OF TEAM ARGUMENT
Argument of team A
• The group A is arguing in the favour of ending gender pay
difference does required a alteration of the economical
purpose of business in society.
• By supporting the argument according to the group A
gender inequality pay major role in modification of
economical goal of business.
• The gender equability support the woman and empower
them to lead the market equally.

CONT.…
• The flexible workings are not allotted to the woman
only.
• On the point of views of team A organization increase
the working hours of woman and provide same work
load to the male and female equally.
• The special treatment should not delivered to any of
gender

CONT…..
Argument of team B
Whereas the team B is in against of transformation
of economic purpose of business in society in order
to end the gender equality.
• According to the member of the team there is no
requirement of modification.
• The squad made a statement that as time changes
the people will adjust within the forthcoming year.

CONT…
• The salary or remuneration of male workers of the company should be higher
because they give extra working hours and work load.
• Almost every company treat the employees on the basis of personal skills.

IDENTIFICATION OF FALLACIES
TEAM A
• The weak point of team A is that they focus on the equal rights mainly and
question the performance of woman.
• The members are having less confidence than the members of the team B.

CONT…
Team B fallacies
• Team B performed well but their were less cooperation and coordination
between the members like when one member is speaking on any point the others
are not stimulated or continue or allow to complete the point.
• Squad B is unable to answer this point and agree with competitors.

JUSTIFICATION OF THE SCORES
• the members of the team A are putting instant
question one by one.
• For instance, they raise very important question
that why organization supposed to pay Higher
amount to them as compare to men when they are
delivering same skills and services to the firm.

FEEDBACK ON THE PERFORMANCE
AND ROOM OF IMPROVEMENT
• The B members suppose to inspire by listing all the
arguments.
• The members of team A should be confident like team B

FAIRNESS AND CONSISTENCY IN JUDGING
• team A is more deserving than team B by making raising lots of questions which is not
answerable by the opponents present in the debate.
• The outcome of the debate is that yes the transformation is required.
• The presentation of team A Criteria is better than Team B.

CONCLUSION
• From the above report it will be concluded
that some transformation is required in the
business to achieve the economic goals in
society.

REFERENCES
Books and Journals
• Agarwal, B., 2018. Gender inequality, cooperation, and environmental
sustainability.
• In Inequality, cooperation, and environmental sustainability (pp. 274-
313). Princeton University