Integration of business functions

Do a 400 words (maximum 440 words) comment (agreeing or disagreeing) about the following answer that is related to the previous question (What factors prevent developing nations from becoming industrialised nations?) 1- Don’t copy from your previous essay at all. 2-You should include references and reasons and examples to justify your points. 3-your post should show some progression between your first and second post, ideally you should show some reflection on the concepts and or the forum discussion. 4-Your work should be substantiated using theory and there should be an indication that you have read wider than the core text. 5-There is a similarity check and grammar check. 6- Use only academic references, using Harvard referencing method. 7- Use a maximum of 50% of the academic references that you used in your previous essay. 8- in text references are not counted in the 400 words The answer that you need to do a comment about is : “There are many obstacles prevent developing countries from becoming industrialised countries, I am going to discuss corruption and infrastructure. Corruption threats economic stability, and corruption has direct and indirect negative effects on several different economic aspects such as investment which is considered as one of the most economic factors that can be affected by corruption, as corruption deteriorates the motivation for domestic and foreign investment. Fraj (2015) claimed that corruption destroys the development and growth of countries, as it decreases the inspirations for local and non-local investment. Moreover, corruption also destroys economic efficiency, the process of making profits through illegal means such as bribery allows businesses to gain financial advantages which they might not deserve them, as a result closing the opportunities for a fair and equal competition between firms, and thus prevent developing countries from becoming productive and industrialised countries. Infrastructure investment is a significant force to attain fast and continued economic growth, also the attendance of appropriate infrastructure is going to need for the renewal and commercialization of agriculture and the attainment of more income for principal growth, in addition, infrastructure can offer a base for the growth of native industrialization, along with expanding marketplaces for the productions of these industries (Srinivasu, B. and Rao, P. 2013). They also have drawn attention to the fact that infrastructure has a key role in advancing economic development and thus helps to the decrease of economic inequality, poorness and deprivations in a nation. Furthermore, infrastructural development situations playing a vital role which is very influential and has a great deal of importance in developing countries since developing countries could be more capable of improving and enhancing the living standard of the domestic residents and benefit them to have access to barely sufficient or adequate resources such as water or education (Barron et al. 2004). Fraj, S. 2015 RELATIONSHIP BETWEEN CORRUPTION AND ECONOMIC GROWTH: THE CASE OF DEVELOPING COUNTRIES. International Journal of Economics, Commerce and Management Vol. III, Issue 9 Srinivasu, B. and Rao, P. 2013. Infrastructure Development and Economic growth: Prospects and Perspective. Journal of Business Management & Social Sciences ResearchVolume 2, No.1 Magsi, H. and Torre, A. (2012) Journal of Infrastructure Development. Social Network Legitimacy and Property Right Loopholes: Evidences from an Infrastructural Water Project in Pakistan Barron, P., C.Q. Smith and M. Woolcock (2004), ‘Understanding Local Level Conflict in Developing Countries Theory, Evidence and Implications from Indonesia’, Social development paper, The World Bank, Washington, DC, USA.