What did Burberry do to stand out of the prejudices? Example for companies where they lost a lot of brand value. Branding was not that big for a few years ago, but nowadays and in the future, it had and will have a huge influence on what we are buying. We get as consumers highly influenced by what we see and what others are buying. Branded things cost often much more compared to non-branded things.
Cultural norms of the society have always contributed to the widening of the gender inequality gap. This is because of the belief that one gender is not strong enough to tackle some activities. This has led to limited revenues and inefficient performances due to lack of specific talents. The performance of both genders has also been a factor used to limit one to deliver. Failure to let the other gender show what they are capable of has had effects to the economy.
The model is supposed to bring renewed prosperity to the United States but it brought more inequality and stripped safety net programs that actually helped most Americans. This lack of assistance means that struggling people are struggling even more and they have less money to spend and to put back into the economy. Since the creation of the Better Business Climate model, government spending on food stamps, unemployment insurance, and other social programs has been cut as
Concerning labor markets and the global organization of production, globalization has led to increased competition, which may decrease a government’s ability to implement labor standards, health and safety regulations and other social policy measures. Furthermore a decline in salary of and demand for low-skilled workers, due to outsourcing, is affecting the deindustrialized, rich countries (Labonté & Schrecker, 2007). Globalization affects natural environments by the increase of demand for marketable resources and ecological services, therefore having a direct impact on the environments health. Finally changes in national health systems are made by the global marketplace. Here transnational institutions as the World Bank have a negative impact on health by promoting market-oriented concepts of health sector reforms, favoring private provision and financing.
The decrease of consumers’ income and purchasing power have made consumers become more sensitive to prices, causing consumers refuse to pay higher prices and less likely to buy anything unless the items are on sale. As competitors becoming more promotion-driven, consumers tend to shift their attention to other food retailers that offer sale prices. Although Tesco have been a strong player in this sector for many years, now they face a variety of intense competition from their rivals such as Asda and Morrison who are gaining part of market share. Competitive threats are coming from Asda and Sainbury’s as they are offering lower prices and have more established supply chain networks to move products efficiently than Tesco because they are highly innovative and utilized advanced technology. Next, the stiff competition has caused other retailers to give a lot of incentives to their consumers, thus affecting Tesco as the prices frequently need to be driven down.
Tesco may take this as a challenge due to the pressure of hiring Malaysians and train them in comparison to foreign employees. As they know foreign employees is more skillful in handling the management of the company and much more efficient. By taking the local people at Malaysian, Tesco will have an increase in operational cost due to training the local to meet their skills requirement. Providing training for the local staff will be expensive and it is a time consuming
But later as new consumer demand aroused quickly, Listo system couldn’t match up the demand on time and as per the consumer requirement and hence the new competitors scattered in the market to occupy the vacuum left by the listo system. This created a extreme competition in the market. Suddenly there were quality products and services available in reasonable prices in the market. Now the consumers have so many alternative service providers along with various substitute products and services which increased the bargaining power of buyers. Listo system also lacked the management quality regarding its employee satisfaction.
By hiring foreigners it would bring different information that has not been shared before also exposure to different culture so basically each employee would introduce their values and norms to their colleagues and create an environment of mixed culture within the organization and exposure to different materials also ways of doing business. There are different advantages of hiring a foreign employee sometimes it is cheaper to hire them but of course depending on the job position and also foreign labor are more likely prepared to do jobs that local employees refuse to do it. On the other hand, there are disadvantages as I mentioned that foreign workers tend to be cheaper but cost to bring the employees to the country is expensive. For example, paying a lot to keep them in the country including fees of pay housing. Additionally, some foreign workers might need a lot of trainings for them to have a good performance and meeting the organizational goals.
A human rights issue that is in my novel is immigration. And this issue relates to real life issues because this still affects people lives today who want to leave their home for a chance to a better life. Many people dislike immigrants because they take their jobs and are willing to get paid less. This affects people within the U.S and other countries because people want to go places where there are better opportunities, but their choice could ruin a country economy because they can 't support them. Those people don 't have rights like we do because they are not here legally and if they tried to come legally it would take too long and they would have done it already if they had the finances.
Now lets put a light on the disadvantages of Globalisation. The main reason for the downside of globalisation is that it distinguishes between social class ans status. This leads to political and social uneasiness and financial unreliability that will restrain growth. Many of the world’s poorest people do not have access to basic technologies and public goods. They are eliminated from the benefits.