Nepotism - a myth or reality?( in 150-200 words ) ( if you know the answer that please answer the question)
Answers
Answer:
Today, we use nepotism to refer to the hiring or promotion of a family member (including in-laws), and it smacks of favoritism. Indeed, the hiring of relatives in some companies is forbidden by company policy. However, in family-owned businesses, nepotism is often viewed as natural and expected. So, the big question is whether nepotism in business is a good or a bad thing? Unfortunately, there is no simple answer.
Nepotism has been criticized since the ancient times by several philosophers,
but what is nepotism exactly?
patronage,bestowned or favouritism shown on the basis of family relationship etc.
so I think that nepotism is a harsh reality not only of our country but of the world
Answer:
You see nepotism in Bollywood is out there on display for everyone to see. But the real nepotism that has caused so much stagnation, corruption and oppression in our country is far less obvious but just as pervasive.
There is a belief that keeping money inside the family is the best way to protect assets and also keep the next generation in check.
It's the MBA grad who had his parents take out a loan to pay for his course, and when he finally gets a job at a family-run company he finds himself creating marketing plans, economic forecasts and presentation materials that end up being presented at formal meetings by his employer's college-going child.
It's the young doctor looking to join a reputed practice but is unable to afford to start his own clinic so he goes to work for a family practice. The husband and wife doctor team run the show and of course, as soon as their son has passed medical school (by whatever means necessary), he inherits the practice.
It's the young architect who dreams of designing buildings but doesn't have the language skills to land a posh position in a top boutique firm. So he ends up in a family where he designs the buildings and then the owner's son who otherwise gallivants from parties to vacations comes in and gives the building a name and is given rank in the firm.
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