Desirability of a Market Society: An Essay for Academic English Course

This essay explores the concept of a market society and debates its desirability, contrasting current market practices with those of past decades. It emphasizes the shift from ethical considerations to profitability, leading to a situation where almost everything can be bought and sold. The essay highlights the interconnectedness of the market and society, where the market relies on societal resources for profit, while society depends on the market for improving life quality. It discusses the decline in ethical practices and the rise of consumerism, driven by changing tastes and preferences. The essay concludes that while a market society offers opportunities for economic growth and innovation, it also raises concerns about the over-utilization of resources and the erosion of values, suggesting a need for ethical practices to ensure a balanced and sustainable relationship between the market and society. Desklib provides a platform to access this essay along with numerous other solved assignments and study resources.

INTRODUCTION TO
ACADEMIC SKILLS

TABLE OF CONTENTS
REFERENCES................................................................................................................................5

Academic skills are associated with gaining attributes like analysis, communication,
social, planning, studying, test taking and technical skills, etc. in the current era, competition has
increase which require developing effective academic skills so that significant ability to
coordinate with changing circumstances can be derived. The current essay will comprise the
information regarding market society desirable or not by paying attention on the market practice
conducted. It will comprise the details through comparing with the past decades for the factors
like market values and what is governing our life as never before.
In the current era, there are number of companies that are offering similar services to the
customers which is inclining profitability earning objective and resulting into cut-throat
competition. The market has become competitive and adopting number of the strategies and
methods so that higher extent of benefits can be obtained (Sorum, 2020). The reason behind
conducting all such practices is to incline the customers' satisfaction which can make them loyal
customers. These all is leading to create mal-practices in turn higher better progress can be
achieved. On the other side, there was implication of ethical practice so that accomplishing
benefits along with maintaining values of the company. There are several values which are
formulated by the firms to get the positive impact on both customers and enterprise. Values
achieving was one of the objective of the company by conducting ethical practices. Having fair
& accurate manner of conducting can allow the firm to move towards success.
There are various values which can lead the firm towards success by focusing on
protecting the interest of customers. Market in the recent era, require higher level of significant
growth & profitability by providing higher quality, etc. In the past era, there was not possible to
buy or sell everything due to the availability of higher level of ethical practice. There is much
emphasis used to be provided on the prevailing situation to handle with maintaining value like
selling product on right prices, not selling illegal components, etc. so that significant outcomes
can be derived. From the evaluation of the past decade it can be said that everything in the
market was not for sale. There were few limitations made by sellers and buyers both for having
higher level of fair practices. The reason behind providing much focus on the values is to gain
such culture & society so that better working scenarios and preservation of resources for the
future generation (Nematpour, Khodadadi and Rezaei, 2021). It is done by the having higher
extent of honesty, responsibilities, fairness, respect, transparency, etc.
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In against to this, it is found that the current market has changed highly as compared to
the previous, the change has arrived in the manner of mode of conducting, awareness of rights,
etc. The changes have come in both the manner positive and negative which had made possible
to buy or sell everything. In addition to this, governing our life has become possible which is
affecting the society. The trend of continuous changing taste and preferences has come due to
the frequent availability of each desirable things (Khan and et.al., 2021.). The continuous
altering consumer preference influence economic development in respect which is bringing
prompt changes in the markets. There are various new patterns of trading and dealing has arrived
as compared to the previous period which has made possible to avail everything in the society.
Attitude, beliefs, behavioral, traits, etc are considered to be changed in the recent communities.
The money has become highly important for the current generation to live significant life
in turn higher feasibility and comfort ability is desirable in the society. The society values,
attitude, morale, etc are changed as compared to the previous. Money is considered to be the one
of the precious thing among the communities. To gain the major satisfaction in life money is
considered to be highly valued assets. The main reason behind underlying money as crucial
assets is to have relevant & reliable outcomes in the life. There are variety of alteration has come
into existence in the prevailing market situation due to valuing money rather than ethical and
other morale giving activities. (Collier, 2021) In order to have relaxed and comfortable life and
to coordinate with the changing trend customers are largely demanding the product that impact
the society to certain greater extent. Monetary assets are highly valued in the current market
situations in turn having better and relevant aspects has become possible. It becomes essential
for the company to pay attention on having relevant actions which are leading to modified trend
and pattern of working and evaluating its impact on the communities.
The market society has adopted the pattern of perceiving that more things' money can
buy. It has created the situation of flexibility and less burden which is resulting in positive and
have influence in inclined progress. The economic development of the country through focusing
on inclining the liquidity in industry. The main outcome that can be obtained from the prevailing
situation of market where everything can be sold and bought inclining the opportunities in turn
higher results can be derived. From the evaluation it can be found that overall performance of
society is highly connected with the method of operating adopted by the companies operating in
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the market. The smooth functioning of the market is largely dependent on the course of action
executed by the companies operating in market such as morale, value, beliefs, etc.
There is significant interrelation between the market & society as both are dependent on
each other for accomplishing particular purpose. Market utilizes number of resources of the
society for attaining its objective of having higher profitability, market share, capital, etc. On the
other hand, communities are largely dependent on the market for gaining the ability to make the
life better. On the basis of this, it can be said that society & market are highly inter connected in
order to meet specific goals. For this purpose buying and selling everything with help of money
has become possible. In the present market the values has declined to have smooth functioning
of the company in turn more focus on meeting individual needs rather than identifying its longer
impact. It can be stated that there are several ethical conducting which are need to be
implemented to have maximum level of impact on the society (Chouaibi and Chouaibi, 2021).
It comprises being transparent, eliminating risk, involving unethical marketing practices,
publishing of misstatement, focusing on human rights, etc. The market is following number of
unethical practices which are adopting non crucial activities that lead to avoid this situation. It
has adverse influence on the communities as over utilization of resources, lack of qualitative
products, etc.
There are several reason reasons for which it can be said that it is possible to buy or sell
anything in the market. The one of the crucial reason behind this is to include is to changing
trend of consumer (Seitz, 2021). There is much focus is provided on having relevant situation in
turn higher possibilities to fulfill the utility as well greater extent of satisfaction. Market is the
place where goods and services are sold to large number of customers so that accomplishing
objectives can become possible. The crucial fact which can lead to change the market due
different perspective of taking the morale and ethical activities. There is much emphasis is
provided on having different information is provided on accomplishing the business objective.
The economic growth & development can be become possible by ensuring that there is
effective evaluation of what can be sold or not. In contrast to this, the current situation is
associated with maintaining performance of the economy through offering anything in the
market that might lead to generate the profitability & sustainability. In the recent market
condition there is appropriate level of balance between demand & supply through overcoming
competition. There are number of the lacking areas which are leading to affect the society in
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adverse manner (Foerderer, Lueker and Heinzl, 2021). With help of the monetary resources it
has become possible to enhance innovative & creative practices which can decline the manual
conducted efforts so that maximum positive outcome can be obtained.
From the above essay it can be said that market is the place where buyers and sell for
completing monetary based transactions. There are several changes in the present pattern of the
market has arrived which can affect the manner of conducting the commercial practices. In
addition, this, it can be specified that values, morale & ethical activities lead to result in
influencing business actions. The current market trading is not using ethical practices in higher
extent which has lead to buy or sell everything in the market. The other reason regarding
becoming possible to buy or sell anything in the market which can lead to ensure that market
society is the desirable as provides higher ability to increase the life style of the customer.
Customers taste and preferences are changing frequently which needs market to avail each
product in effective manner so that significant development can be obtained.
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REFERENCES
Books and Journals
Chouaibi, S. and Chouaibi, J., 2021. Social and ethical practices and firm value: The moderating
effect of green innovation: Evidence from international ESG data. International Journal
of Ethics and Systems.
Collier, R., 2021. Strategies to promote ethical investments in the NZ market. Journal of Asia
Entrepreneurship and Sustainability. 17(2). pp.55-97.
Foerderer, J., Lueker, N. and Heinzl, A., 2021. And the Winner Is…? The Desirable and
Undesirable Effects of Platform Awards. Information Systems Research.
Khan, S and et.al., 2021. Impact of employees’ perceived threat of market competition on
unethical marketing and selling practices: Moral disengagement and ethical
leadership. Business Ethics, the Environment & Responsibility. 30(4). pp.758-771.
Nematpour, M., Khodadadi, M. and Rezaei, N., 2021. Systematic analysis of development in
Iran’s tourism market in the form of future study: A new method of strategic
planning. Futures. 125. p.102650.
Seitz, W., 2021. Urbanization in Kazakhstan: desirable cities, unaffordable housing, and the
missing rental market. International Journal of Urban Sciences. 25(sup1). pp.135-166.
Sorum, N., 2020. Ethical consumption applications as failed market innovations: exploring
consumer (non) acceptance of ‘quasi’market devices. Journal of Cultural Economy.
13(1). pp.91-113.
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