It is thus necessary to have a proper balance between benefits and costs. It can also be stated that utmost cause of malfunctioning in the activity of the business is poverty. With the implication of economic development, promotion of health, as well as a reduction in the issues of poverty, can be observed. Moreover, with economic development quality of life for the people living in the third world countries can be enhanced. The different sorts of business activities like mining, transport and oil industries among others largely cause pollution in the global world. Hence, it is required to adopt as well as to execute effective business strategies for the purpose of safeguarding human health and environment on a global basis (Shaw, 2010).
Justice can also be considered as one of the ethical issues for business pollution in third world countries. It can be stated that the dimensions of justice are not positively maintained in the third world countries on a global basis. The dimension of justice means fairness, but the situation concerning business polluting is not fair by any means worldwide. It has been apparently observed that there pertain vast differences amid different levels of people living in the society globally. Therefore, it is necessary to eradicate the aforesaid complex situation as far as possible for the betterment of the third world countries. Moreover, the release of emissions resulting from greenhouse gases also provides ethical implications for polluting the business in the society in the third world countries (Carroll & Buchholtz, 2009). Therefore, proper development of the economy through enhancing living conditions is required for the third world countries for facing such ethical implications which would provide problems in future (Carroll & Buchholtz, 2009).
The reasons for conducting business operations by any particular organization in a third world country can be identified as mounting market share, enhancing overall productivity along with profitability, effectively competing with major rivalries and accomplishing superior competitive position.