POSITION PAPER

ENGLISH FOR ACADEMIC PURPOSES

PROGRAM

Submitted by:
Carmela Francez D. Buluran
11 – Humility

Submitted to:
Ms. Eden Aranilla
 April 15, 2019

POSITION PAPER: ONLINE BUSINESS

Position Paper: Online Business

The purpose of this paper is to demonstrate how business is important to our society, in
terms of providing goods, jobs and services. By having business, we are able to personally
communicate with others and we will be able to know how to handle people. However, when
internet revolution comes in, which leads some businesses to online selling, a lot of people take
this as an advantage because this is somehow convenient for them especially for those who
does not have an extra time to go shopping at the malls, which are the adults and some of the
late adolescents. And as for me, I stand in the position of online businesses as good way of
helping busy people to have a time to go shopping.

Online business saves people who are extremely busy and has tight schedules that
wants and needs to go shopping but does not have an extra time to do so. In this way, they can
freely access the internet and have shopping online without any worries about exerting time and
effort to go to the physical store. According to Jones (2014), online selling or businesses makes
people more productive, for a reason that they do not have to waste time going to the malls and
spend their day roaming around to look for a good dress or outfits. Since then, a lot of online
business and online sellers popped up and tried, whether this strategy would be more effective
than putting up a business in malls or in any places. However, there are also disadvantages of
having shopping online because if the buyer is trying to look for a dress or a shoe, they are not
able to try it whether it’s a good fit or it looks good on them. Because it will be risky to buy things
online that needs to be fitted or tried first. Also, the buyer will be unsure of its durability, like
buying things for the kitchen or house decors, you can not physically try it or test if its strong or
not. Buying things online will depend upon the buyer if he/she will be willing to take a risk to buy
things that they can not try or have a test. But there are certified sellers or online businesses
that surely gives high quality products and known to be a good seller which is good for online
buyers.

To wrap things up, having online business is a good thing especially now. There is a lot
of people who is really too busy to buy things at the mall and just tries to visit online stores to
have them delivered in their homes. Also, it is a good way of helping each people to save time
and energy to just scroll their screens to look for what they need. Again, I believe that online
business is a good way to start a business and help other people especially the busy ones.

POSITION PAPER: INVESTMENT

Position Paper: Investment

This paper purposely wants to discuss that investments are important for our future;
people needs the assurance for the next years and have a good investment.
Most investment platforms such as stocks, bonds and mutual funds offer good returns
on investment over the long term. This return builds and creating your wealth over time. The
growth of money is also important to fulfil basic needs in life and investing can help a person to
meet long-term life goals easily. However, investing in banks are not as good as investing in
insurance companies, for a reason that there are better benefits when investing in companies.

Investing our money is the means to financial freedom. Most people who have built up
significant wealth have invested their money one way or another. Financial freedom is not
necessarily about money, but about our time. Having the ability to do what we want every day
and not have an obligation to work 9 to 5 in an office. Investing can lead us to many different
outlets. It can give us the freedom to explore, travel, and see the world in a different way. I think
it is important to think about the difference between Saving vs Investing. These terms are
commonly used hand in hand. According to Canty (2013), most people believe it is the same
thing, but not everyone realizes the importance of investing our money. Saving is the process of
consuming less than we earn. We can save intentionally or we can save by focusing on cutting
certain expenses. Saving is the first step, as we must have savings to be able to invest.
Investing is the process of taking our savings, and using it to buy capital assets. These assets
should work for us over time and either generate income or growth. Investing allows us to make
our savings work for us and multiply over time. Over time our goal should be to build up enough
capital assets where we have a portfolio of assets that provide enough income and growth for
us to live off of. This is what some people call financial freedom and others call retirement. By
managing our expenses and investing in quality assets, we can all achieve financial freedom.

In conclusion, it is way better to invest money in companies than just saving it up.
Because it is better to put your money to buy capital assets than just saving your money and
consuming less than we usually do. For a reason that it is a way of assuring ourselves for the
future because money will always be mandatory in this world.

POSITION PAPER: POVERTY

Position Paper: Poverty

The purpose of this paper is to determine that poverty is not because of the rich people
or any other people who are at higher level of living, but it is because of ourselves. Knowing that
we are already born poor, it does not mean that we will die poor. We have choice that we can
make a change in our lives in order to improve our lifestyle and have a new perspective on
making a better living for ourselves.

There are several causes on why a huge number of people in the Philippines experience
poverty. One of which is the inequality in the income distribution. The rich earns higher income
than the poor. This unequal income distribution will cause the rich and their families to get richer
and the poor to only get poorer to the point of not being able to acquire basic necessities.
Another cause is the lack of quality education. Since not all people are able to have the best
quality of education, many of them will have a hard time competing with graduates from other
countries in terms of getting a job. The lack of jobs is another factor on experiencing poverty.
(Asian Development Bank, 2009) Since there is a lack of jobs, it would increase the number of
unemployed people. Unemployed individuals will not be able to earn a living thus need to
depend on others who are employed for basic needs. Also, overpopulation contributes on why a
huge number of people in the Philippines experience poverty. With a rapidly growing population,
it will be hard to accommodate all the people in the labor force. It will be hard to ensure every
Filipino will be able to get a job and earn a living. The more people that is unemployed, the more
people will suffer from poverty and have trouble accommodating their basic needs. Another
cause is corruption. Instead of having to improve the country by the means of the money of the
people, it ends up in the pockets of some unjust politicians causing the condition of the country
to worsen. (Shah, 2014)

As the poverty in the Philippines continue to worsen, the people, mostly in the state of
poverty, experiences consequences. One of which is experiencing health problems. Since they
are in bad living condition and they are not able to sustain their needs, they are much prone to
having health problems. Also, poverty in the Philippines increases crime rate. Poverty causes
people who are desperate for money to rob and do crimes for easy cash. (Asian Development
Bank, 2009) Lastly, child labor is one of the effects of poverty. Children no longer go to school in
order to work to be able to survive.