Introduction: According to the Encyclopedia of Management (2009) sweatshops can be defined as environments or factories that provide opportunities to the less-fortunate people in a country. Sweatshops can be classified as a place of employment where the working hours are long, the conditions are harsh and the wages provided are very low compared to the average wages of the country in question (McDermott, 2013). Most sweatshops also have strict laws and policies that the workers have to abide to, and they are often subjected to some form of abuse if they do not obey these laws properly (ibid). In general, the phenomenon of sweatshops is usually received with negative connotations. Looking back at the development of sweatshops, its origins can be linked to the rise of the textile industry in England and New York during the 1840s (Pugatch, 1998).
While shopping at a clothing store and purchasing name-brand clothing, consumers are often heedless toward the harrowing and terrible conditions their clothing was produced in. Perhaps they are misinformed about the blood, sweat, and tears the price of fashion truly costs. Or maybe they choose to politely ignore one of the nation’s most problematic issues- child labor and sweatshops. There are numerous factors that contributed to the horrible working conditions of sweatshops, both in the past and present day. Sweatshops have been around since the mid-1800s, when waves of immigrants flooded the coast of Ellis Island, desperately seeking jobs to support their poor families.
Many distinguished economists have often repeated this opinion. Gregory Mankiw, for example, asserted in his popular blog that ″few propositions command as much consensus among professional economists as that open world trade increases economic growth and raises living standards.″ (Mankiw 2006). A host of surveys and polls confirms this opinion. For example in a 2006 survey of American economists (83 responders), "“87.5 % agree that the U.S. should eliminate remaining tariffs and other barriers to trade"” and "“90.1 % disagree with the suggestion that the U.S. should restrict employers from outsourcing work to foreign countries. ".” (Whaples
Also it founds in most of the business & many cases that the 80% 0f casual absence of lost days are not supported by any sort of medical certificate or note. Absenteeism causes a significant effect in the economy. Due to the lost productivity, companies may have to hire a temporary worker or pay overtime to other workers in order to recover the lost output. Completion time of job may increase, increase of customer dissatisfaction, negative effect in sales, confidence & morale of present employee may lost, key employee may leave the job due to frustration & heavy work pressure. Although some steps is being taken to avoid absence management, many rules, regulation & policies are takes place for better controlling of workplace
One of perhaps the biggest, and most well known ways that we see economy in our lives, is the stores that we shop in. These stores are often thought of as a place for the transaction of goods, however, they can also provide a person with hours of entertainment. Phyllis Rose saw her local department store for what it really was, a place to go when you need to get away, a place to go when you want to be social, but you don 't want to really go out. ¨I go to Caldor the way English people go to pubs: out of sociability,¨ (Rose, page 482). The economy is often thought of in simple terms, such as the buying and selling of goods, but all you have to do is go to the local department store in order to see that that isn 't necessarily the case.
The reason behind the company’s low-priced clothing is due to unfair labor conditions and minimum wages. The company took advantage of their employees who are mostly high school workers, that have a lack of knowledge of what labor rights were. A recent class lawsuit alleges that Forever 21 have failed to pay employees for the hours they worked, making them work off the clock and also depriving them of their meal breaks. In the case of the manufacturers, most of its production have been moved to Asia following the 2001 lawsuit in which American workers complained that they were working in sweatshop conditions. It has been reported than the company is paying their factory workers $1.12 for each article of clothing they sew, which meant that they could only hit minimum wage if they made 67 clothings in an
Many firms in organized sector too employ daily wage labor either to cater to temporarily increased demand which cannot be met by the regular workforce of an organization or to take care of short term, temporary jobs. This creates an uncertain employment scenario for most of the daily wage workers with no long or even medium term job surety. As many of the labor laws aim to bestow certain rights on a workman/worker if he has worked continuously for a certain time threshold at an organization irrespective of whether such an employment has been on a daily wage basis or salary basis (e.g as per Industrial Disputes Act 1947 places restrictions on retrenchment of workman who has been in continuous service of more than one year), organisations avoid giving longer period of employment to the same set of workers to prevent any such right to exist as it lowers their labor flexibility. This further exacerbates the prospect of steady and continuous employment for daily wage
You can choose from a variety of bulk & retail sellers offering everything that could be required for the smooth functioning of an office. There are vendors supplying products that are conscious of not harming the environment & these too have various options for the buyer. The budget in any organization is restricted for office supplies & this is the first department that comes with the 'cost cutting' lag that every team takes up from time to
Word of mouth (WOM) is seen as a persuasive and influential tool when it comes to consumer purchase decision. The traditional marketing efforts seems to be losing influence or the element of persuasion over the consumers as they trust WOM more than these techniques. WOM has more influence over consumer purchase decision as compared to other traditional forms of marketing (Trusov et al. 2006). This form of marketing seems to be successful as cost for this marketing concept is low and has the ability to target large masses at the same time.
Men and women had unequal pay scales and workers were fired when they tried to start a union. Therefore, the student wanted licensees to agree to pay workers enough to live on and disclose the locations of all of their factories. Next, another disadvantages of globalization is local brands and businesses in poorer developing countries cannot survive. Once those international big brand started opening their outlets in the poorer countries, people are tend to purchase those branded products as they are having international image and high reputation. Local brands have not stable in the market and not enough capital and ability to compete with the international brands.