In her New York editorial Terror’s Purse Strings, Dana Thomas speaks on luxury items that are counterfeited and how they correlate to various issues around the world. Demonstrating quantitive evidence with a variety of statistics to raise awareness of the dangerous acts that are so closely related with forged components. Dana Thomas does not shy away from the real problems that are presented when expressing the research that she conducted in order to inform the reader accurately. For Dana Thomas’ debate she went all the way to Guangzhou and accompanied Chinese police officers to a factory that was an active participant in child labor.
In the essay, “Terror’s Purse Strings” written by Dana Thomas and published in New York Times. Thomas begins talking about expensive fashion bags produced around the world. She elaborates how easy it is to mimic fashion and sell it for a cheaper price. Thomas implies how purchasing a fake product leads to child labor, a getaway to terrorism, and how they are run by crime syndicates. She suggests a solution for this issue and how people should stop buying fakes to take counterfeiters out of business.
However, these tariffs and taxes were not accepted without challenge, as many merchants believed that the restrictions were without warrant. With revenue to acquire, and regulations to maneuver around, the smuggling industry evolved from a black market business, to profitable occupation that would take the nation by storm. Analysis of documents from this century reveal through the illegal trade of brandy, wool, and other goods, acts of Parliament were opposed head on by members of the working class looking to to capitalize on the economic growth. In order to understand the smuggler, it is imperative to understand the demand for those willing risk their livelihoods in order to secretly move goods in and out of the country.
They are just doing their job, which is to sell a product, but the consequences, usually unintended, are often destructive to individuals, to cultures, and to the planet.” (p. 75). She provides many examples that support
“Cheapness and ignorance are mutually reinforcing. And it's a short way from not knowing who's at the other end of your food chain to not caring - to the carelessness of both producers and consumers” (Pollan 402). People are searching of the cheaper alternative and in doing so they are allowing producers to make inferior goods while meeting consumer
Second Assignment – Annotated Bibliography and Thesis Statement by Cheryl Chi Yue Leung (214185045) York University NATS 1840 15th January 2016 Thesis: How material elements of the modern fast fashion practice reinforce the meanings of unethical production, and thus explain low prices come with low product quality and negative environmental and social impacts Annotated Bibliography 1) Anguelov, N. CRC Press. (September 2015) The dirty side of the garment Industry: fast fashion and its negative impact on environment and society.
Teens & Advertising Advertising is a form of marketing in which the author uses writing strategies to capture the attention of an audience to persuade them into purchasing what is being promoted. The success of an ad relies on the products ability to reason with readers and appeal based on emotions. Individuals can be distinguished by their proneness to social influence; teenagers in particular differ in regards to their level of susceptibility to advertising. Though teenagers do not typically have as much money as older adults, there are many products that teenagers are still willing to spend their restricted funds on. These advertising agencies who target teens utilize strategies that are meant to make their services and/or products attractive
In this article civil-asset forfeiture is depicted as an “execrable tactic”, used by the government, that is constantly victimizing innocent people. In reality, civil-asset forfeiture is a completely credible tool in the law enforcement world and has employed against all manner of criminals and criminal organizations. One of civil-asset forfeiture greatest attributes is that it
In the article accepting or rejecting innovation, the author mentioned that some of the people will pay double price for the designer jeans. Although the jeans without designer have the same quality as the designer one and people will only need to pay half of the price compared to the designer jeans. As a result, many people will still choose to pay double price for the designer jeans. However, the people who bought the designer jeans are only because of social value. They might want to show off in front of other people.
Threats of substitute product - high • Buyers are likely to shift to other products considering the weather conditions. • Low price jeans. • Substitute like formals and trousers Bargaining power of customer – high • The power of buyers is comparatively high considering the fact that they can simply change to other brands. • Converting cost is low. • substitutes Competitive rivalry – high • high chance for customers to shift to substitute brands – ( CK jeans , guess jeans, DKNY jeans and Diesel) • mid – class employees prefers low rated jeans • Low level of product difference will increase competition because of no brand ID.
Introduction and Company Background The report is about the strategic appraisal of Louis Vuitton which is mainly a French based fashion house and founded by Louis Vuitton in 1854. The report will incorporate a brief background of the company as to its core business emulated by the industry it operates in. The background will further proceed with its geographical markets, the products and services being offered, their makret segments, their imperative stakeholders and what generic strategy is being followed by them.
Public order crimes are acts considered illegal because they do not conform to society’s general ideas of normal social behavior and moral values (Siegel, 2000). Public order crimes are viewed as harmful to the public good or harmful and disruptive to a community’s daily life (Siegel, 2000). Some public order crimes are considered very serious, others are legal in some places and at sometimes and others are illegal at other times and in other places (Sage, n.d., p. 218). It is thought that allowing or ignoring public order offenses can only lead to more serious crimes it signals the community that nobody cares (Sage, n.d., p. 218). Public order crimes cause great debate.
More education should inform more people globally to understand to ongoing issues with the garment industry to evoke global change. Consumers should be informed as to why prices of apparel should not be at the inexpensive cost that it is now, because of the underlying reasons of how the company gets the clothing to that price. Inexpensive, fast fashion from stores like H&M, Forever 21, and Joe Fresh may seem most budget friendly but are not environmentally or sustainable globally. The demand for fast fashion should be brought to political action to help make a global change for the endangered workers of the garment industry. Overall, “The True Cost” does an outstanding job at pointing out the impacts of consumers and their fast fashion choices.
2.2 Industry Analysis - Porter’s 5 Forces Analysis Threat of Substitutes Bicycles and services from unknown manufacturers can provide huge substitution threats. Just as alarming for bicycle manufacturers is the internet: it is developing as an excellent medium for cheap marketing services. The price that consumer are willing to pay for a product is depends the quantity and the availability of substitute products. When a close substitute for a product is exist, industry profitability is suppressed because consumer will pick out if the price are high. Example consumer will compare the price of other bicycles with this bicycle in terms of quality and appearance, a customer can easily get another bicycle which is less difference but in more cheaper
When the value a customer receives from a product is greater than that of another then they are more inclined to stick with that
