Manufacture and Sale of Counterfeit Goods Essay

Manufacture and Sale of Counterfeit Goods - Essay Example Peter Law, in his article, â€Å"A Call for more Sweatshop† and others who favor sweatshop labor argue that it provides a means of employment for the weaker section of the population which helps the lower income population to lead a better livelihood. In addition, such companies provide employment for women, and that would, in turn, help them to become more independent and self-supportive. While sweatshop labor does provide a means of employment for the people, the mental and physical turmoil endured by the employees is much more than the benefits gained. In addition, the manufacturing of fake goods by itself is illegal as it is a deliberate infringement of the intellectual property rights of companies that produce the original goods. Hence, stricter policies and judicial changes should be introduced to close down companies producing fake goods and help save the lives of millions of women and children who are forced to work under horrendous conditions. The production of fake or counterfeit products is a violation of intellectual property rights and it poses a significant threat to the world economy as both businesses as well as the consumers are at a loss. As mentioned by Goodwin, the intellectual property theft has affected the world economy to the tune of nearly $600 billion a year. The number of fake products being seized is increasing at an alarming rate with a recent report from the EU customs showing seizure of nearly 100 million products in 2001. This illegal trade is part of every sector such as the information technology sector, clothing, toy industry and pharmaceuticals to name a few and the global market of counterfeit products have risen from 3 billion a year to nearly 100 times more (Counterfeiting and Organised Crime). The sale of counterfeit products has risen sharply over the past decade. A recent report shows that both industrial and commercial counterfeiting represents about 5 to 7% of trade in the world.

How to decrease the possibility of having financial crisis Essay

How to decrease the possibility of having financial crisis - Essay Example The financial crisis in a company is an unplanned burden which may affect its resources, capabilities, the values and the goodwill of the company. Lack of corporate governance and business ethics is one of the reasons responsible for the financial crisis in an organization. Acemoglu and Johnson (2003) have said that managers should change their way of thinking by disregarding that mismanagement of the macroeconomic policies is responsible for the lack of corporate governance. They should plan for strategies to overcome crisis in an organisation. The business leaders should focus on the policies like the legal framework of the organisation and protection of the interest of the stakeholders and investors. A good relationship between the shareholders and the managers help to achieve corporate governance within an organisation. Lack of business ethics in an organisation is responsible for weak corporate governance. Business ethics help an organization to frame a corporate governance stra tegy consisting of values, principles, a good work culture and proper decision making ability of the organizations. Wood (2002) and Lagan (2006) have said that organizations need to set the business ethics with strategic objective which can provide scope for achievement of corporate governance. ... The purpose of this research is to provide a methodology by which an organization can achieve proper corporate governance required in order to reduce its financial crisis. The main objectives of this research are: To achieve transparency and fair operations within an organization. To provide proper decision making ability in order to achieve the goals of an organization. To protect the interest of the customers, the shareholders and the investors. To understand the needs and demands of the stakeholders. To prevent the occurrence of unethical behaviour within an organization. To understand the liability of the directors to the managers and the liability of the managers to the shareholders, also known as accountability. Methodology According to Joseph and Tobin (2006) research philosophy is a procedure of collecting data, analysing it and then interpreting the result in order to work on a particular research. Research philosophy mainly consists of two approaches. One is the positivist style and the other one is the phenomenological style. Positivist research model focuses on analyzing the interdependency of the external variables and internal variables. Positivist style is selected for this research, as this style deals with understanding of the internal affairs related to a business. Positivist style of research will also help to understand the reasons behind the lack of corporate governance in an organization. There are two types of research strategies, namely quantitative research methodology and qualitative research methodology. The research strategy chosen for this research is qualitative methodology. Qualitative research model is used for descriptive research. Qualitative research can be analysed in terms of culture, ethics and behaviour. Qualitative

Xenophobia Essay Example | Topics and Well Written Essays - 1000 words

Xenophobia - Essay Example However, unlike the Holocaust which built up gradually from Fascist ideas developed by Hitler and his followers in the years after the First World War, and what was seen as the humiliation of the German people, ( The Israeli- American Co-operative 2011) it could be argued that one incident sparked the Rwandan atrocities. The Hutu uprising against their countrymen was triggered when Juvenal Habyarimana, a Hutu, and at that time the Rwandan president, was killed when he was in a plane which was shot down during a rocket attack near Kigali airport on 6th April 1994. The blame was placed firmly on the shoulders of Tutsi leader Paul Kagame, who is now the current Rwandan President, but then leader of the Rwandan Patriotic Front (RPF), (BBC News and Le Monde 2004). This was denied by Kagame who blamed the attack on Hutu extremists. Nevertheless, within a few hours of the attack, violence broke out all over the country; and such violence would not wane until three months after the assassination of Habyarimana. By then nearly a million Rwandans would lose their lives. The persecution of the Jews began in the early 1930’s. when Adolf Hitler became chancellor of Germany in 1933. The persecution he engendered continued and built up into and through World War II., finally ceasing in 1945 when war in Europe finally ended. .It is believed that some 6 million Jews died , as well as members of other minorities such as Gypsies. Others were tortured or suffered in other ways and some 5000 Jewish communities were totally destroyed. ( Nazi Germany 1933-1941) The deaths did not begin as soon as the Fascists came to power. Time was spent first in spreading propaganda across Germany against those seen by the government as the enemies of the Aryan race, a the same time making life very difficult for the minority group. The aim was to encourage Jews to leave the country and to some extent this succeeded, but Hitler could not wait and in 1938 came Kristallnacht - state

The Environment and the Hospitality Industry Essay

The Environment and the Hospitality Industry - Essay Example In the current global economic crisis, there are however various issues which are threats and which have threatened the hospitality industry. These issues mostly impact on the profitability of the industry and its related businesses. This paper shall consider environmental issues, including global warming and pollution – issues which are impacting on the hospitality industry. It shall also present a critique of appropriate literature which relates to this issue. This paper is being carried out in order to establish a clear and comprehensive understanding of the subject matter, as well as the pertinent issues which relate to its application. There are various issues which are impacting on the hospitality industry. One such issue relates to the environment and the call for sustainable development and environmentally viable hospitality design. Going green is one of the clamors in the current hospitality industry, and such clamor has become more than an isolated demand, it has now become part of the mainstream demand (Wang and Wang, 2009, p. 53). Environmentalists are pressuring the hospitality industry to implement more sustainable and environmentally friendly processes in their business processes. In a report by hotelier Hasek (2007), he mentions about 10 issues which the hospitality industry is currently faced with in relation to the environment. One issue is based on the fact that it is difficult to avoid rising energy costs with such costs increasing to a significant degree each year. Another issue pointed out by Hasek (2007) is the need to design and build new hotels which meet environmental standards. This would aga in cost the industry a significant amount of money. Still another environmental issue threatening the hospitality industry is global warming itself. Some of the effects of global warming include extreme weather conditions – drought and floods – and other weather disturbances.

House Buliding Industry Case Study Example | Topics and Well Written Essays - 2500 words

House Buliding Industry - Case Study Example (Dunlop, 2000) Home building and selling industry have been one of the industries in the US that have been hard hit by the current economic crisis. For along time now, the home industry in the US has recorded massive growth due to the rising demands of new home and due to the response of the financial services for provision of funds to purchase homes. In the last two decade the home building industry has been recording massive growth and it had attracted many investors. There has also been massive input by the financial sector as they lent out money for the construction of these homes. Since 1980s, there have been increasing trends towards individual ownership of homes which has been the main reason behind the growth of the industry. (Allan, 2007) My company is one of the major players in this industry and has been in the industry for along time. Established in 1970s the company has been working closely with other major players in the industry and has been able to grow. It has been building and selling homes in all states in the country. With its base in New York, the company has established branches in 15 states where it has been building and selling residential and business premise. However the company has been facing many challenges in the industry although it has still held on. Let us look at some of the challenges that the company has been facing in regard to the changes that have been taking place in the industry. Challenges being faced by the company There have been many challenges that the company has been facing in its operation in the industry. These have been related to the changes that have been taking place in market which are being affected by the fluctuating rate of growth of the economy. In order to understand the challenges that the company has been facing, we need fist to understand the US home industry so that we can deduce how the company has performed relative to the changes that have been taking place the industry. The US home buying industry has been recording changing times since it was formed. This has been driven by the fact that the industry is driven by subprime mortgages which have been changing with time. In the 1980s, there have been increasing changes that have taken place in the financial institution that have been contribution to these changes. Most of the companies that have been involved in building and selling of homes have been relying on financial institution to provide loans of building those homes which they sell and repay later. The home buyers also rely on financial institution for money to buy homes which they pay in terms of mortgages. Therefore as the value of homes rises, home builder flock the financial institution in order borrows and invest more in building homes. This has been the practice that has led to increased homes in the United States. (Casey, 2008) However in the recent past, there have been increased decline of home value and more and more homes are facing foreclosures. This has been contributed by increased inventory on unsold units in the country which has led to decline in the price of homes. This has been contributed by many factors including the practice of financial institutions. Due to the rate of falling home prices, many home builders have been struggling to sell their remaining unsold units in order to avoid losing more value which means more loss on their investments. This has caused increased rate of interest and the

Information Technology Essay Example | Topics and Well Written Essays - 2250 words

Information Technology - Essay Example The paper throws light on Information Technology that opens up a vast sea of structured and organized knowledge and information for an organization where the key people in a business are well equipped to take business decisions based on it. This leads to a powerful interplay of power and knowledge which transforms into a business opportunity where the people in power have the strength of knowledge from within the organization. Based on the knowledge with regular data being streamed in for every stage of business operations, the key business managers are well informed and updated to take key business decisions. â€Å"In the development of ERP, knowledge is a critical part of the management of organizational asset. Knowledge has often been seen as a necessary resource of which provides the organization with its competitive advantage. The principle of Enterprise Resource Planning is one of the important components based on which an organization structures its various departments into m odules and correlates their respective functions through IT. ERP of an organization is a huge leap forward towards automization within all departments of the enterprise. It facilitates all the key areas of the enterprise and works in a structured manner where the various ERP modules can talk to each other, share vital information in the form of data, work real time and the effect can be seen instantly in the other department control panel screen. All these functionalities reduce considerable time which in turn scales up the productivity of the existing manpower. The result is the acquiring of structured data within all scales of the organization which gives valuable insight and much required knowledge for the higher management to streamline their business activities and take key business decisions. â€Å"These organization’s aim is to integrate its global operations through the use of the ERP software. However these implementations objectives are often found to be difficult and complicated.†

House Buliding Industry Case Study Example | Topics and Well Written Essays - 2500 words

House Buliding Industry - Case Study Example (Dunlop, 2000) Home building and selling industry have been one of the industries in the US that have been hard hit by the current economic crisis. For along time now, the home industry in the US has recorded massive growth due to the rising demands of new home and due to the response of the financial services for provision of funds to purchase homes. In the last two decade the home building industry has been recording massive growth and it had attracted many investors. There has also been massive input by the financial sector as they lent out money for the construction of these homes. Since 1980s, there have been increasing trends towards individual ownership of homes which has been the main reason behind the growth of the industry. (Allan, 2007) My company is one of the major players in this industry and has been in the industry for along time. Established in 1970s the company has been working closely with other major players in the industry and has been able to grow. It has been building and selling homes in all states in the country. With its base in New York, the company has established branches in 15 states where it has been building and selling residential and business premise. However the company has been facing many challenges in the industry although it has still held on. Let us look at some of the challenges that the company has been facing in regard to the changes that have been taking place in the industry. Challenges being faced by the company There have been many challenges that the company has been facing in its operation in the industry. These have been related to the changes that have been taking place in market which are being affected by the fluctuating rate of growth of the economy. In order to understand the challenges that the company has been facing, we need fist to understand the US home industry so that we can deduce how the company has performed relative to the changes that have been taking place the industry. The US home buying industry has been recording changing times since it was formed. This has been driven by the fact that the industry is driven by subprime mortgages which have been changing with time. In the 1980s, there have been increasing changes that have taken place in the financial institution that have been contribution to these changes. Most of the companies that have been involved in building and selling of homes have been relying on financial institution to provide loans of building those homes which they sell and repay later. The home buyers also rely on financial institution for money to buy homes which they pay in terms of mortgages. Therefore as the value of homes rises, home builder flock the financial institution in order borrows and invest more in building homes. This has been the practice that has led to increased homes in the United States. (Casey, 2008) However in the recent past, there have been increased decline of home value and more and more homes are facing foreclosures. This has been contributed by increased inventory on unsold units in the country which has led to decline in the price of homes. This has been contributed by many factors including the practice of financial institutions. Due to the rate of falling home prices, many home builders have been struggling to sell their remaining unsold units in order to avoid losing more value which means more loss on their investments. This has caused increased rate of interest and the