It is strictly on business, how true?

Without any form of any doubt in me, I well know that a lot, if not everyone here has come across that word at the heading of this article; "strictly on business ", and such words are used to give a final statement after a transaction was done successfully between two persons( the buyer and the seller) in a business.

It is very very unfortunate and quite unfair to note that a lot of individuals especially the buyers even after a deal has been sealed in a business or its related kinds, go home and cry out their hearts in what they feel has been very very unjust for them to bear yet, the seller on his part is most of the time filled with so much joy in that his thought has always been that of doing what he feels was a good business but what really do we need to learn and understand about such dangerous moves and motives behind branding such unworthy and unwholesome actions as business.

What is a Business?

Unarguably, a business is said to be a legal form of a transaction between tow or more persons which usually involves the act of buying and selling of goods and services. During this periods, goods are either exchanged for goods which is as in the case of the now defunct barter system as much much as the fiat monies are exchanged for the purchase of goods and services.

In no time however, has anything called business being said to be a bad notion after all, even countries of the world engage themselves daily on businesses especially when it becomes too obvious that they need what others do have a comparative advantage in against them which often at times becomes the propelling reason for a business to be well struck and should aim at leaving everyone satisfied at the end of it all based on the generally accepted business standards worldwide.

In addition to all that, what we do see today as business has constantly defiled all the regulatory acts governing which grounds a business should be done and operated and that non-checked act had indeed left many persons rather as unhappy than happy persons when they really ought to have being happier at the end of it all. Now the question is, "what has gone all wrong and where are we not getting it right?"

The law of equilibrium according to economics

To answer the above question and to further unravel the misery behind such problems in the line of business, I think we need to first of all, look into the economic law of equilibrium which simply stipulates as that point in a demand curve, where the sellers and the buyers have agreed to do business, that is to buy and to sell of goods and services.

Let's get it clearer here, ..."that point...where sellers and buyers have agreed to do business..." But what is currently on going now is a situation that seems to be saying just the exact opposite of what this very law of equilibrium in economics is talking about and such a holistic tendencies have either fallen on the shoulders of the sellers or even more on the shoulders of the buyers or consumers who of course bear the final risks.

This negation to such economic law of equilibrium has indeed created a big vacuum on the basis for which businesses are done and what we do hear of or see on a daily basis are people especially the buyers or the consumers being cheated out of proportion and when such is done all in the name of doing or engaging in business, such unworthy act is easily and without any time wasted branded as simply doing business

This habit in no way ever justifies the reason why a person should be cheated out of what he or she has a right to purchase given the fact that he or she is on what is known in economics as; "effective demand"- being the ability to pay for what is demanded".

Who is to blame for all these lies and cheats all in the name of doing business?

Going by the standards economics has given us in relation to the economy and how businesses are to be done, then you'd agree with me that the government undoubtedly has the very first blame in all these acts of cheats, lies, stealing, e.t.c, in businesses but one may wonder how and why is the government to take the first blame?

The government for all we know is the protector of its geographical location or confinement called a state and of course according to the detects of the law that are well enshrined in the constitution.

The first economic laws and policies are with all due respect, the government's number duty to its citizenry and where such duty calls are missing, then, take it or leave it, the economic situations of the said country would almost dry all her citizens bed economically which will for sure leave everyone in a state of comatose which is championed by a high escalation of things especially the prices of goods and services.

These failures on the part of the government which comes in not giving a constant check on the market ruling prices as much as not implementing some lovely policies would rather force the economy in a dump and slump with a recovery a much more difficult tasks to come by even for years to come, how disheartening that is!

What is expected to be done, - "the law of the economic price ceiling", must be imbibed to checkmate unlawful economic activities.

Having said a lot about the unfortunate lies and cheats that are dine on every now our days so called businesses, it is now time we unravel the misery behind this unwanted style of a modern day robbery that is gradually creeping its way and eating quite deep into our yet to be saved system.

If the government can take courage implementing the economic price ceiling law which according to economics states that; "it is a situation in the economy whereby no individual is allowed by law to sell above the equilibrium price and quantity but can sell below the equilibrium price and quantity".

Yes, such policies helps stabilize the lopsidedness in the economy and helps correct the ills, the lies and the cheats that are hitherto seen in businesses where sellers simply see it as just strictly on doing business.

Until such is the case, then that which I fear the most may yet chance as the economy might as well due to such unfortunate and unchecked unfair ways of doing business may well be locked up in an entire endless abyss that would need only the spiritual realm to redeem it from an entire destruction and an in habitual place for only mere birds and rots to the goodies. Mark my word!

Have you enjoyed reading this article? If so, I do expect to see your lovely comments below as I want to know, what is it you have learnt here? - we must at all times go back to the drawing board in order to know where we've gotten it all wrong and begin to right the wrong.

Thanks for your time!

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