I recently received a comment from an anonymous source on one of my blog posts and was asked for my opinion on the matter. They stated, "Some say QNET has a bad effect on the national economy of the country". Before i give my opinion on the matter, let us first understand what an economy really is.
An economy, as referenced from Wikipedia, consists of an economic system of a country or other area, the labor, capital, and land resources and the economic agents that socially participate in the production, exchange, distribution and consumption of goods and services of that area. All professions, occupations, economic agents or economic activities contribute to an economy. Also as referenced from Dictionary.com, an economy is the wealth and resources of a country or region especially in terms of the production and consumption of goods and services. From both these definitions, it is clear to me and I hope to you that an economy is made up of many sectors.
Why is it, then, that QNET is often sighted as being bad for an economy? Could it be because it is a global company that gains most of its profits from other economies? That is to say, from the countries QNET operates. If this was the case, the same could be said for every other global company in the world, could it not? Every product you own, that was not made in your country, was sold to you by a global company just like QNET. Why aren't other global companies like Nokia, Toyota, Phillips, and many others, also not sighted as being bad for an economy? Are they not bigger and even wealthier than QNET? This, then, cannot be the reason why QNET is said to be bad for an economy, because if that where the case, all other global companies would come under the same scrutiny.
Maybe it is a question of the price of the products people buy in order for them to participate in the business opportunity offered by QNET. But then again if that were true, companies like Prada, Rolex, Ferrari, Gucci, and many others would be scrutinized as well. But they aren't, are they? Aren't their products much more expensive? What is the difference between these businesses and QNET? People still buy their products but you don't hear anyone saying these companies are bad for the economy. Why is that? The products offered by these businesses and QNET are of the highest quality aren't they? This too cannot be why QNET comes under fire as being bad for the economy.
