Question

Appraise trend analysis and its utility. What are three reasons why slavery has increased in the past few decades.(Global perspectives)

Answer 1

Trend analysis is a statistical and informative method that evaluates and studies the past information for a number of years inorder to draw inferences from this data and interpret it to predict future events. The method is also used to make the necessary provisions and specify strategies that will provide advance solutions in case the situation might take place again in future. Thus prevents the organization from complexities that had arisen in past due to inefficient handling and decision making. Therefore it helps to protect the business from hurdles that might take domination in business and hamper the smooth functioning of operations.
Trend analyses has been known as the most simple method to understand and comprehend. It is the method widely used by professionals inorder to estimate the future projections and the most likely events that can occur. This is done through undertaking a critical study of previous events taken place in the organization analyses of the factors that triggered the occurrence of that particular event. In the same way , the current or present situation is assessed inorder to find the factors that might be in similitude with the factors that previously existed.
These trends to be studied are of three major types:
The long term trends involving the information of very past and is used in case of long-term objective making.

Intermediate trend involves the data of intermediate level and does not go as deep as the previous one.

The third being the short term trend which shows the trend of recently passed years inorder to get inferences from them and other sort of valuable information.

The trend analyses involves a comparable study where strict comparisons are made from the rest of which ensure the minimization, decline or managing of uncertain individual.

Slavery has increased in the past few decades because of the highly prioritization of self interests by people who only care about their own private gains and hence do not take into consideration the well being of others. The societal standards, pressure , zeal to achieve more etc contribute towards the encouraging of Slavery in the world. Human are the creatures of self centered nature who do not put into practice the sentiments and life of other. They just know about easing their own tasks and activities with letting others suffer. The absence of morality, ethical values and social welfare have resulted in prioritizing of empty promises and therefore provided a hike to the slavery. That enthusiasm of earning money and to satisfy one's societal needs , standards has overtaken the wellbeing of public at large. The all around development of area is not paid any heed because of greediness, personal interests and cleverity.

To meet their desires has overtaken the values of belief, morality and ethics. The people today are greedy and dissatisfied with what they posses they want to gain more , thus have grown and become more materialistic in living which has instilled in the person cleverness to have everything after watching other having it. Thus they have become more diligent in living a life which is easeful , this has lead to the emergence of slavery in the recent era.

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