Business Planning and Feasibility Assessment Essay

Business Planning and Feasibility Assessment - Essay Example The essential objective market of the dress store will be the visitors of Dammam city. As Dammam is a prime place of interest and numerous visitors from over the world come to Dammam to visit or for business purposes, in this way it will end up being a huge client base for attire store.The optional objective clients will be the occupants of Dammam. The populace in Dammam city is developing quickly and the individuals will in general follow the western culture and style. In this way, soon there will be a lot of interest for chic garments in Dammam city. As there is predetermined number of garments store in Dammam, it will be anything but difficult to draw in huge number of clients. In the main working year, it is assessed that the development of attire store will be moderate and money close by/bank will be sure. The dress store won't sell using a credit card rather it will acknowledge money and a wide range of checks and charge cards. The underlying speculation will be 150000000 SR (S audi Riyal). The expense of land and building is evaluated as 90000000 SR and Machinery will be purchased around 30000000 SR. The assessed cost of Furniture is 15000000 SR. Devaluation will be charged on apparatus and furniture to 8% and 2% per annum. In the primary working year it is assessed that the anticipated deals is 30000000 SR. The Gross Margin is accounted as 30% of the absolute deals. The expense of protection is assessed as 9% of all out gross edge and the selling and appropriation costs are determined as 70000 SR (evaluated figure). As per Saudi Arabia’s charge rate the annual assessment is charged as 20% on income. Fig: 1 Shows Estimated Income Statement of the Clothing Store Income (SR) Expenditure (SR) Sales 30000000 Gross Margin (30% of Sales) 9000000 Expenditure Payroll (9 ? 10000 ? 12) 1080000 Insurance (9% of Gross Margin) 810000 Depreciation on Machinery (8%) 2400000 Depreciation on Furniture (2%) 300000 Selling and Distribution Expenses 70000 Profit Befor e Tax 4640000 Income charge (20%) 928000 Profit After Tax/Net Profit 3712000 Fig: 2 Shows Estimated Financial Statement of One Year of the Clothing Store Liabilities Asset Capital Investment 150000000 Land and Building

Comparing and contrasting Odyssey by Homer to movie O'Brother, Where Essay

The tattooed homeless man

The tattooed homeless man He was scary. He sat on the grass with his cardboard sign, his dog (actually his dog was adorable) and tattoos running up and down both arms and even on his neck. His sign proclaimed him to be stuck and hungry and to please help.Im a sucker for anyone needing help. My husband both loves and hates this quality in me. It often makes him nervous, and I knew if he saw me right now, hed be nervous. But he wasnt with me right now.I pulled the van over and in my rear-view mirror, contemplated this man, tattoos and all. He was youngish, maybe forty. He wore one of those bandannas tied over his head, biker/pirate style. Anyone could see he was dirty and had a scraggly beard. But if you looked closer, you could see that he had neatly tucked in the black T-shirt, and his things were in a small, tidy bundle. Nobody was stopping for him. I could see the other drivers take one look and immediately focus on something else anything else. It was so hot out. I could see in the mans very blue eyes ho w dejected and tired and worn-out he felt. The sweat was trickling down his face. As I sat with the air-conditioning blowing, the scripture suddenly popped into my head. Inasmuch as ye have done it unto one of the least of these, my brethren, so ye have done it unto me.I reached down into my purse and extracted a ten-dollar bill. My twelve-year old son, Nick knew right away what I was doing. Can I take it to him, Mom?Be careful, honey. I warned and handed him the money. I watched in the mirror as he rushed over to the man, and with a shy smile, handed it to him. I saw the man, startled, stand up and take the money, putting it into his back pocket. Good, I thought to myself, now he will at least have a hot meal tonight. I felt satisfied, proud of myself. I had made a sacrifice and now I could go on with my errands.When Nick got back into the car, he looked at me with sad, pleading eyes. Mom, his dog looks so hot and the man is really nice. I knew I had to do more.Go back and tell him to stay there, that we will be back in fifteen minutes, I told Nick. He bounded out of the car and ran to tell the tattooed stranger. I could see the man was surprised, but nodded his agreement. From my car, my heart did a little flip-flop of excitement.We then ran to the nearest store and bought our gifts carefully. It cant be too heavy, I explained to the children. He has to be able to carry it around with him. We finally settled on our purchases. A bag of Ol Roy (I hoped it was good it looked good enough for me to eat! How do they make dog food look that way?); a flavored chew-toy shaped like a bone; a water dish, bacon flavored snacks (for the dog); two bottles of water (one for the dog, one for Mr. Tattoos); and some people snacks for the man.We rushed back to the spot where we had left him, and there he was, still waiting. And still nobody else was stopping for him. With hands shaking, I grabbed our bags and climbed out of the car, all four of my children following me, each carrying gifts. As we walked up to him, I had a fleeting moment of fear, hoping he wasnt a serial killer.I looked into his eyes and saw something that startled me and made me ashamed of my judgment. I saw tears. He was fighting like a little boy to hold back his tears. How long had it been since someone showed this man kindness? I told him I hoped it wasnt too heavy for him to carry and showed him what we had brought. He stood there, like a child at Christmas, and I felt like my small contributions were so inadequate. When I took out the water dish, he snatched it out of my hands as if it were solid gold and told me he had had no way to give his dog water. He gingerly set it down, filled it with the bottled water we brought, and stood up to look directly into my eyes. His were so blue, so intense and my own filled with tears as he said Maam, I dont know what to say. He then put both hands on his bandanna-clad head and just started to cry. This man, this scary man, was so gentle, so sweet, so humble.I smiled through my tears and said Dont say anything. Then I noticed the tattoo on his neck. It said Mama tried.As we all piled into the van and drove away, he was on his knees, arms around his dog, kissing his nose and smiling. I waved cheerfully and then fully broke down in tears.I have so much. My worries seem so trivial and petty now. I have a home, a loving husband, four beautiful children. I have a bed. I wondered where he would sleep tonight.My step-daughter, Brandie turned to me and said in the sweetest little-girl voice, I feel so good.Although it seemed as if we had helped him, the man with the tattoos gave us a gift that I will never forget. He taught that no matter what the outside looks like, inside each of us is a human being deserving of kindness, of compassion, of acceptance. He opened my heart.By Susan Fahncke, Utah, USA

Abby Burgin. Mr. Jones. English 12 Honors, Period 2. February

Abby Burgin Mr. Jones English 12 Honors, Period 2 February 24, 2017 Tragic Hero: O.J. Simpson Throughout time there have been an abundant amount of well-respected individuals who have let their flaws lead to their downfall. O.J. Simpson is a prime example of a tragic flaw leading to a downfall. O.J. Simpson was a luminary football player and actor who let his tragic flaw of anger and jealousy get the best of him. His tragic flaw led him to a life of crime including the alleged murder of two people, robbery, and kidnapping. At a young age, Simpson told his mother, that he would be in the paper one day, which his little sister would respond with, â€Å"In the police report.† Not only did he make the headlines as a star football player, he also†¦show more content†¦Within his first two years at the junior college, he scored more than fifty touchdowns and gained 2,445 yards rushing. He became a reputable player and even got the attention of major universities. He began playing at the University of South Carolina. He led this team to two Rose Bowl appearances in 1967 and 1968. During these appearances, Simpson scored thirty-five touchdowns and gained 3,265 yards rushing within twenty-two games. In 1968, he earned himself the Heisman Trophy (O. J. Simpson. Contemporary). At USC, he was an All-American halfback and this is where he gained all of his fame (O.J. Simpson. Biography.com). Pete Axthelm, a sports writer for Newsweek stated, â€Å"O.J. . . . has done more than his share . . . He has led the Trojans, inspired them, and when necessary carried them.† (O. J. Simpson. Contemporary). He inspired many, set NCAA football records and took his football career to the next level (O.J. Simpson. Biography.com). Simpson moved on to the National Football League draft, where the team with the worst record gets to choose first. Simpson was then granted the opportunity to play for the Buffalo Bills for part of his NFL career. In February of 1969, Simpson obtained the name of Sports Magazines â€Å"Man of the Year†. This made him the first college student to have received this honor (O. J. Simpson. Contemporary). As his NFL career took off, he yet again set records and impressed football fans. He played for the Buffalo Bills for eight

What Is Organizational Trust - 1530 Words

What is organizational trust? Many different definitions of trust are found in organizational behaviour literature but they all refer to similar, intangible characteristics of human behaviours. Three descriptions of trust are: †¢ The belief in the integrity, character, and ability of a leader. †¢ Reciprocal faith in one’s intentions and behaviours. †¢ A confidant reliance on the integrity, honesty, or justice of another. Integrity, character, ability, faith, reliability, honesty, and justice are strong words to live up to in the modern workplace. Yet, it is these high standards that create a culture of organizational trust. As Warren Bennis famously said â€Å"Trust is the lubrication that makes it possible for organizations to work.† Origins of Trust Why do people trust? Why should they trust? Where does trust come from? Some say human trust is instinctual and evolved from the willingness to share food in hunter-gatherer societies. Others argue that people trust out of fear of punishment for not doing what is expected of them; to achieve self interests; to demonstrate empathy, identification and friendship; or simply because they genuinely want to trust. Mayer, Davis, and Schoorman suggests that three major factors determine organizational trust: char-acteristics of the trusted, characteristics of the trustee, and the perceived risk. The propensity of the trusted and the elements of trustworthiness that the trustee possesses influence the current level of trust. TheShow MoreRelatedHow Organizational Size and Structure Influences Control1375 Words   |  6 PagesHow Organizational Structure, Size and Control Determine Culture Abstract The agility of any enterprise and its acuity in recognizing new opportunities while averting risks are critical skills that need to be continually improved if any business is going to survive the increasingly turbulent economic conditions of many industries today. 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Amazon vs Wallmart Free Essays

string(89) " saving on business travel cost, investing in technology, eliminating unnecessary costs\." Amazon vs Wallm Amazon vs. Walmart Alexandra Tikhonkikh Professor N. Kentish Metropolitan College of New York The case study Amazon vs. We will write a custom essay sample on Amazon vs Wallmart or any similar topic only for you Order Now Walmart is illustrated several concepts, which was described in the chapter. One of them is a sales Revenue Model where companies get revenue by selling goods, information, or services to customers. Like Amazon. com which sells books, music, and other products. Another one is e-tailer model. It is close to the typical bricks-and-mortar storefront, except that customers only need to connect to the Internet to check their items and place an order. The value scheme of e-tailers is to provide convenient, low-cost shopping 24/7, offering large assortments and consumer choice. Some e-tailers, such as Walmart. com, indicated to as â€Å"bricks-and-clicks,† are divisions of existing physical stores and have the same products. Others, however, exist only in the virtual world, without any ties to physical locations like Amazon. com. Before we going to analyze Amazon and Walmart. om using the value chain and competitive forces models, we suppose to describe these two concepts. Business Value Chain Model include: 1) views firms as series of activities that add value to products or services, 2) highlights activities, 3) primary activities vs. secondary activities, 4) regulate how information systems could advance customer and supplier disintermediation at each step of developm ent, 5) utilize benchmarking. Michael Porter’s competitive forces model provides general view of firm, its competitors, and environment. It also substitutes products and services. The model include customers and suppliers, moreover, it contains traditional competitors and new market entrants. Besides, five competitive forces shape fate of firm. Amazon. com started as on line bookseller, but has expended into a wide variety of media, electronics, and other general merchandise categories in support of its business strategy. Amazon’s value chain includes primary and support activities. Primary activities are very important for business, because those needed to manufacture a product or services for the end users. These activities typically include: 1) service: basically meant by after-sales support like user training, install applications, customer support and etc. , 2) operations: manufacturing the product, 3) inbound logistics: receiving goods from supplier and storing those goods, 4) outbound logistics: sending goods to wholesalers, retailers or directly to the end customer, 5) marketing and sales: product needed to be sold to the end customer, to understand customer requirements and also to promote goods. Support activities help to facilitate or assist the primary activities of producing product. There are four category: 1) Procurement: purchasing raw material and other items used in operations, 2) Human Resource Management : recruiting, hiring, firing, training, developing, compensating, 3) Technological Development : research and development, process automation, software, hardware, equipment, etc. , 4) Infrastructure : may include accounting, legal, finance, planning, public affairs, government relations, quality assurance and general management. As to Amazon’s competitive advantages from a value chain there are several strategies of development like strong technological infrastructure with a single platform, high investments in technology development for example Kindle, the best leverage digital products, great product forecasting system, print on demand, constantly imploring suggestions on new products, easy and fast payment system, 24/7 operations, free returns within 30 days. Amazon. com competes with product specific retailers; online marketplace and mass merchandise retailers. This creates an environment of intense competition and requires Amazon. com to differentiate itself uniquely based on the competitor. Let’s try to consider a Wal-Mart position from the competitive model as well. Competition among rivals is fairly weak. The market is crowded but Wal-Mart has the lowest costs, prices, profits, and market share. The warning of substitute products is also weak. Wal-Mart exerts a great deal of effort in making sure they are innovative and meeting customer requests. The bargaining power of suppliers is weak as well. For most producers, Wal-Mart would be their largest account. The bargaining power of buyers is also weak. There is a very broad base of customers and a meaningful demand for low prices. The threat of new entrants is weak. Wal-Mart has a scale of operation that is very important, it would take years, maybe even decades, for a new company to be on the same level. Even prominent companies today would have really difficult time matching the costs and prices Wal-Mart provides. A more sophisticated analysis of Wal-Mart’s internal value chain shows that Wal-Mart is hold in esteem to technology and was the ? rst merchant, which uses bar codes. It also uses satellite connections to communicate with all its stores. Moreover, Wal-Mart has integrated its POS, inventory-control, RFID, and other logistical technologies to haste product delivery, improve security and decrease costs. Besides It has developed regional obtaining centers in addition to its legendary center in Bentonville, Arkansas. Wal-Mart even has one in Shenzhen, China. Merchants set up satellite of? ces next door to the most suitable procurement center. Because Wal-Mart is a retailer, not a manufacturer, its external value chain is extremely simple. It deals with a variety of merchants and sells to customers. But the secret to discovering what makes Wal-Mart successful in studying its internal value chain. We should mentioned Walmart’s competitive advantages from a value chain perspective. First of all it is a distribution capabilities: well-organized distribution, leadership of Walmart’s own distribution centers and â€Å"inside-out† location strategy. Second, is partnership relationship with merchants: integrates suppliers via IT ; treats them well in terms of pricing, they are more business partners than â€Å"value takers†. Third, is advanced data mining: dynamic group and usage of customer buying behavior report. Forth, workforce culture and EDPL: customer-oriented workforce interested through substantial monetary contribution and belief in Walmart’s culture. And that’s not hard consider the fact that Walmart is almost 50 years old. Wal-Mart’s business strategy is to provide â€Å"Every day Lower Prices† or EDPL for all its products and services. Their organization, company culture, and supply chain management all support and emphasize this business strategy. Also, Wal-Mart use strategy of managing costs which include: budgeting payroll cost, saving on business travel cost, investing in technology, eliminating unnecessary costs. You read "Amazon vs Wallmart" in category "Essay examples" Another strategy that we have to mention is a strategy of managing growth, which consists of location and acquisition. And the last one called strategy of managing people resources. Every company that wants to be successful supposes to pay attention to this strategy as well. Internal promotions, employee motivating and external recruitment are the main components of this strategy. By implementing these three important strategies successfully, Wal-Mart has become from a single store to the biggest retailer in the United States and the biggest company in the world. The cost management strategy of Wal-Mart was created an operational model with the lowest cost which was increased the ratio of profit on the financial reports. Products found in Wal-Mart stores are not considered to be a high-end, luxury, or fashion oriented. Because their strategy is being a low price leader. Wal-Mart aims to provide a wide variety of products under one location for a low price. Wal-Mart stores also carry their own private labels that compete on price with national brands. Moreover, the growth management strategy had hauled Wal-Mart into the right direction of investment and expanded radically around the distribution center. However, the people management strategy motivates all employees to work more efficiency and generates a great workplace environment which full of self-improvement, competition, and respects. It also provides a chance for people to build-up experience from the low-rank position to the high-rank position. Consequently, strong management in these three strategies had transformed Wal-Mart into the biggest company in the world with the highest number of workers worldwide and had also provided benefits to millions of people around the world by transferring avoidable cost into low-cost products. Now we are going to consider the management, organization and technology factors that have contributed to the success of Amazon. Firs of all, Amazon is convenient and easy of use. It has a large selection of different items, unlimited virtual shelf space and wholesale relations, so you could find any product for acceptable price. The service is high performance, which could be proven by high speed and reliability. Customers are kept informed well about new products and the system that provides shipping makes the process fast. Also, Amazon use innovative technology, which contribute development and support of all system in whole. For short time Amazon. com became a well-known brand with cross promotion, high advertising, co-branding and publisher relations. Amazon. com is also famous for its large community where customer and author reviews post. It has a great gift policy for customer like bookmarks, notepads, cups, etc. Amazon arranges promotions where customers could collaborate with famous authors. The site has a large customer database with personalization pages, which contain extensive customer profiles. It also has recommendation pages, which help other readers make a right choice. Amazon has a high trust for their users because of guarantees and return policy. Great customer service is also promote trust of users because of superior service reps, easy search, email confirmation, extended service, extensive subject index, ability to order before publication. By the way Amazon has good cost structure. Besides low prices it has fast, reliable and inexpensive shipping. Amazon and Wal-Mart using e-commerce is a fascinating combination of business models and new information technologies. Wal-Mart’s impressive growth in such a short time and perhaps the most important factor in it’s rise was their exploiting of the dominance of e-business, e-procurement, and the modification of internal processes to maximize it’s benefits. In compare with others companies, Wal-Mart transformed supply chain management by using a sales revenue model where customer requests satisfy by wise variety of goods. Inventory control is perfect improved and purchasing trends are available to sellers, whom nowadays must be able to respond as quickly as possible to the needs of millions of customers. To decentralize the procurement was a great business decision for Wal-Mart, that helped simplify the process for employees in every store immediately order the applicable stock automatically, which is require prompt turnout of product from the suppliers. This fast replenishment system, attached with perfect purchasing forecasting, helps Wal-Mart reduce overall costs. Wal-Mart’s power as a giant in business has helped in establishing new standards for B2B e-commerce. Wal-Mart’s approach of cutting costs at all costs resulted in them deploying EDI over the Internet to eliminate the costly VAN altogether. EDI over the Internet (EDI-INT) uses a new standard called AS2, a communication protocol that attempts to make EDI communications over the Internet both secure and reliable. By mandating their suppliers to use AS2, Wal-Mart leads the way in creating a demand for a new generation of EDI, and in turn drives the whole world of e-business advancing. Amazon’s e-commerce business model Amazon started as a store that focused primarily on books and music. It quickly expanded to other sectors and now sells products in nearly every segment – apparel, home improvement, groceries. In addition, Amazon has expanded from a Business-to-Consumer (B2C) only store to a mixed model with its corporate account functionality that focuses on business customers. Added to the mix, is the Amazon marketplace – Amazon’s answer to eBay, which allows merchants to list their products and customers to purchase from merchants while using Amazon’s e-commerce platform. As a provider of e-Commerce software to mid-market, we use Amazon as a reference for the features it has on the web store. Some of these features not easily found on other sites include the ‘1-Click Ordering’, ‘Customer Viewing’, ‘Recently Viewed Products’, ‘Keyword Auto-fill’ on the product search, ‘Your Personalized Store’, and ‘Items to Consider’. While some of these features are relatively easy to implement e. g. ‘1-click Ordering’, others are not so easy and demand an advanced platform. But selling goods isn’t the only way to make money with Amazon. com. The Web site’s affiliate program is one of the most famous on the Web. Through Amazon’s   Associate Program , anyone with a Web site can post a link to Amazon. com and earn some money. The associate can also take advantage of Amazon Web Services , which is the program that lets people use Amazon’s benefits for their own purposes. The Amazon Web Services API (application programming interface) lets developers access the Amazon technology infrastructure to build their own applications for their own Web sites. All product sales generated by those Web sites have to go through Amazon. om, and the associate gets a small commission on each sale. On the flip side, Amazon seems to not have kept up with the Web 2. 0 and Web 3. 0 user interface improvements and for most part still incorporates Web 1. 0 technology which means – you still need a mouse click to view a product as opposed to being able to see product details with a mouse roll-over. Amazon could use a ma ke-over to make for a brighter shopping experience. For my opinion Amazon’s e-commerce business model is stronger than Wal-Mart’s e-commerce business model because E-commerce is Amazon’s core mission and environment. Amazon started with a store that was properly feature-rich for its time and has gone on to strengthen that foundation. Today, it probably defenses as the leader in terms of the richness of its e-Commerce features, product breadth, personalized recommendations and depth of content available across e-commerce sites. However, there is a need for Amazon to offer a simplified and trendier shopping experience as an alternative which many other sites now offer. I don’t think Wal-Mart will replace Amazon any time soon, if ever, but it gives them a good shot of increasing their overall Web penetration. Amazon’s value proposition until now has been a broad assortment. This enables Walmart to compete with other companies with big assortments. I would prefer to make my internet purchases at Wal-Mart because this company has a great experience and long term history. Wal-Mart exists almost 50 years, Amazon is a brand new, successful but still doesn’t have that experience that Wal-Mart does. Some reviewers have actually built their following on Amazon. com with good quality reviews. References 1. â€Å"Wal-Mart Form 10K: Portions of Annual Report to Shareholders†. United States Securities and Exchange Commission. Retrieved June 28, 2011. 2. Ann Zimmerman (2010-06-07). â€Å"Rival Chains Secretly Fund Opposition to Walmart†. The Wall Street Journal. Retrieved 2010-06-08. 3. Daniel, Fran (2010-09-29). â€Å"Head of Walmart tells WFU audience of plans for growth over next 20 years†. Winston-Salem Journal. Retrieved 2010-09-29. 4. Walton, Sam; Huey, John. Sam Walton: Made in America: My Story. New York: Bantam, 1993. ISBN 978-0-553-56283-5. 5. Sam Walton: Great From the Start — HBS Working Knowledge 6. Frank, T. A. â€Å"A Brief History of Wal-Mart. † The Washington Monthly. April 1, 2006. Retrieved July 24, 2006. 7. â€Å"The Rise of Wal-Mart†. Frontline: Is Wal-Mart Good for America?. 2004-11-16. Retrieved 2007-09-19. 8. â€Å"The Wal-Mart Timeline. † Wal-Mart (published on walmartfacts. com). Retrieved July 24, 2006. 9. â€Å"2010 Form 10-K, Amazon. com, Inc. â€Å". United States Securities and Exchange Commission. 10. â€Å"Amazon. com Site Info†. Alexa Internet. Retrieved 2011-12-02. 11. Jopson, Barney (2011-07-12). â€Å"Amazon urges California referendum on online tax†. FT. com. Retrieved 2011-08-04. 12. â€Å"Amazon Spain launch may presage new overseas push†, Reuters, Sept 14, 2011. 3. Ann Byers (2006). Jeff Bezos: the founder of Amazon. com 14. â€Å"Harvard Business Review†. Harvard Business Review. Retrieved 2010-08-29. 15. â€Å"Person of the Year – Jeffrey P. Bezos†. Time Magazine. 1999-12-27. Archived from the original on 2000-04-08. Retrieved 2008-01-05. 16. Rivlin, Gary (2005-07- 10). â€Å"A Retail Revolution Turns 10†. Seattle, WA: The New York Times. Retrieved 2011-08-04. 17. â€Å"Amazon. com Introduces New Logo; New Design Communicates Customer Satisfaction and A-to-Z Selection†. Corporate IR. net. Retrieved 2010-08-29. 18. Amazon company timeline, Corporate IR. * How to cite Amazon vs Wallmart, Essay examples

Primark Essay Essay Example

Primark Essay Essay The fashion Industry Is criticized widely for not maintaining the ethical standards. From the use of animal fur, exploiting child labor, low wages. Promoting superficial image of women and racial discrimination, the fashion industry has caused its fair share of controversy and bad press. The complex thing about ethics is that it has different meaning for different individuals. Some might consider a particular issue extremely offensive and unethical while, for a deferent individual the same issue would not be unethical or offensive. It Is a decision of an Individual to consider and different people have different feeling about Issues. For some wearing cloths made through child labor would not be a big deal but for another individual this would be a wrong act. Therefore this remains a controversial subject of which very few things can be spoken about with certainty. In order to under it in a more proper way, the example of Primary is taken. The company is a well renowned brand and a hit in the United Kingdom ever since It was launched. Primary has been found Involved In the use of child labor. In the current paper, the company Primary Is also being compared tit one of its competitors; the TX Max in terms of ethical codes and conducts. The paper cares to investigate the causes related to the issue in the case and also the response which was obtained from the general public. Table of Contents 1 Introduction Ethics and profits do not always go hand in hand. That is not to suggest that all profit making organizations go against the ethical standards, but certainly there have been many cases where ethics and standards have been compromised to sustain or and that is the moment where the true colors and course of the business are reflected. The fashion industry is criticized widely for not maintaining the ethical standards. From the use of animal fur, exploiting child labor, low wages, promoting superficial image of women and racial discrimination, the fashion industry has caused its fair share of controversy and bad press. We will write a custom essay sample on Primark Essay specifically for you for only $16.38 $13.9/page Order now We will write a custom essay sample on Primark Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer We will write a custom essay sample on Primark Essay specifically for you FOR ONLY $16.38 $13.9/page Hire Writer Being in the spot light of media with all the glamour and glitz has also kept the glare of the media focused on this particular industry which can cause due and undue scrutiny. In a research, Enemies and Rajah (2011) stated that ethics means values, norms and general habits. The rights and wrongs are Judged through ethics. The dos and dont of the society are defined with the standardization to some level of good and bad. 1. 1 Unethical practices in the Fashion Industry The complex thing about ethics is that it has different meaning for different individuals. Some might consider a particular issue extremely offensive and unethical while, for a different individual the same issue would not be unethical or offensive. Alton and Junkyard (2003) analyzed the fashion industry and the way consumers look towards it. The author stated like any business it is eventually the consumers who make the final decision as they have the option of purchase or rejection of the reduce depending on their own Judgments about companys ethics. It is a decision of an individual to consider and different people have different feeling about issues. For some wearing cloths made through child labor would not be a big deal but for another individual this would be a wrong act. At times there is no legality attached to it. The legal system does not charge an individual who buys from such a fashion outlet, but it would remain an individuals decision. Hence, this remains a controversial subject of which very few things can be spoken about with certainty. 2 The Causes 2. The Case (Primarys use of Child Labor) Usually big brand try different methods to keep operations clean. They try their utmost to stay away from unwanted controversy and protect the image that has been built by extensive use of monetary and non monetary resources. Daily Mail (2008) exposed the case of Primary. The brand had been a tremendous hit in Britain ever since its opening. It had attained a positive and high status among the fashionable people of the country. The brand was considered high on quality but low on mice which made shopping at Primary a literal bargain. However, the reporter exposed the season or the tool through which the brand was able to produce quality at a lower price. The operations or manufacturing which is offshore located in India was practicing extreme child labor. Young children were made to work hard and long through the heat. The age of children started from 11. Their Job was to sew tiny beads and sequins onto the designed t-shirts by candle Light. The Company was alerted by a BBC program Panorama that children were being used as labor. An 1 1 year old boy named Matches was being paid about app for a days long toil. The boy claimed that the payment is based on the number of finished cloths and during ajar orders; raps could be made in a day which amounts to app. When a major order comes about, the problem expands as the sewing beads are tiny in size and to finish the order they have to work all the night. Electricity conditions and supply both On the contrary, another big name in fashion industry is of T. K Max (also known as T. J Max) is a bit in its native country; which is the United States of America. Unlike Primary, the company is well renowned not only for the goods that it tends to produce but also for its No to the unethical conducts and child labor. Critics have en looking for the flaws in the company but surprisingly they had not found any (T. K. Max, 2014). 2. 2 Unsafe Environment and Bad Working Conditions for Illegal, Underpaid and Overworked Employees Dihedral (2009) indicates that the workers who are hired in the Primarys suppliers factory TNT Knitwear at Manchester are working illegally and in poor conditions. TNT Knitwear is one of the major clothing suppliers for the Primary. BBC UK sent an undercover reporter to the TNT knitwear factory where it was discovered that workers were hired without any proper information or paperwork. The workers were quite overworked with working 12 hours in a day for seven days a week. The minimum work wage for the workers back then was E. 73 per hour but the workers at the TNT Knitwear used to be paid almost half that amount. The working conditions for the employees were quite disappointing as well because there was no heating in the factory and the workers had to work with their coats on and in an uncomfortable state. With the toilets being under repair, the males and the females had to share a toilet which was quite unhygienic. The kitchen at the TNT Knitwear was noted to be quite dirty so the workers used to sit on the hipping boxes of Primary to have their lunch. It has been highlighted that certain manufacturers or employers do not provide a satisfactory working environment for their employees in terms of cleanliness, sanitary and health safety. Environment that does not comply with the standards, doubtlessly gives an unpleasant and unhealthy spot to work in. For instance, this can significantly affect the health of employees and increase or spread particular sickness or infection around or among the working group. As a result, it can lead to inability to work because of the infection or sickness. Not to forget it can result in the spreading of disease or germs if the disinfection or sterilization procedures for the products in the factory are not carried out properly. The workers at the TNT Knitwear were illegally living in the UK as most of them had their asylum application under process and few had their visas expired almost a decade ago. Moore (2013) further indicates that the factory of Primary in Bangladesh had crashed din to no obvious mason other than weak construction, killing and injuring some workers. There is a lock of health and safety rules at the Primary stories in Bangladesh as the fire escapes are blocked and there is no ventilation available. Primary needs to work hard on providing its workers with better working conditions and needs to keep a check to see if they are authorized to work in the I-J. Being operating in the same very industry, T. K Max has never used any unlawful and unethical means and modes to manufacture its outputs. Rather, the company has set standards for carrying out operations. The top level management ensures that these set principles must not only be implemented but ought to regularly practice as well. As per the companys profile, T. K Max takes it as an obligation to take care of all the aspects of manufacturing fashion outfits and accessories, rather it is also concerned about the means and modes which its suppliers tend to use (T. K Max, 2014). 2. 3 Why do incidents like Prim ark happen? Stated that consumers today hold power. They could dictate terms with regard to ethics if the organization is not a monopoly. The concept of corporate responsibility has been widely studied and enforced through legislation and regulation. Scrutiny from media is also another vital factor. All these factors can be subsided with the introduction of globalization and modern day awareness of consumers. However, the author stated a different perspective and claimed that certain modern day pressures on corporate in a way divert them towards unethical means. Investor capital has much more mobile, economic activates: has become speculation driven. And rapid changes to technology have brought about a certain short sightedness about businesses. The idea is to be able to sell more and more in a short span of time. Hilton, Choc and Chin (2004) explained that with globalization, businesses have changed their working methods. National boundaries and distances are no longer an issue as such. However, this creates a sort of a void and grey area. For example, Primary which was selling cloths in Britain was getting its supplies from India. The circumstances, situations, society, norms. Saws and regulations, and more importantly laws implementation processes (or in many cases lack of it) creates a huge problem. Child labor and bad working conditions would be considered extremely immoral and incorrect in the eyes of a British audience. Child labor issue to be an example: Especially the norms. Culture. And ideas of the society make child labor, a thing to cut if and those who use children are not viewed with favorable view. On the other ha nd, in India especially in the more under developed areas. Where education is on the lower side, population growth higher. ND economic condition are in dire condition, child labor almost becomes a necessity. One man father more than half a dozen children, with no state support it is almost impossible to run a family like this. Hence, children labor becomes sort of a necessity for that child and his or her siblings to survive. It is a catch 22 like situation where if consumers stop buying from Primary. Eventually that kid is going to suffer and will not be able to bring home the money the family needs so very much of. There is another side of this case which was looked upon by Fletcher (2008). This was the consumers point of view. The question is that whether all the consumers who buy from companies who use child labor dont just care? Are they immune to it or they consider it fine to have such a working system? The answer provided by Fletcher (2008) stated that with the credit crunch some consumers an in a way pushed into buying such brands. The cost of products has gone upwards and the power of buying has gone downwards. Therefore. Brands like Primary continue their sales despite much resentment and negative publicity. The author stated that it is estimated that around 158 million children across the globe aged 5 to 14 have to work in conditions which can he termed hazardous. However, despite much noise and uproar about it, things keep going on and brands are able to shake off scandals and move forward. The author interviewed two middle aged mothers about how they feel about using brands which are using children as labors. One woman was of the opinion that she had no qualms about such practices being wrong. Children labor and bad working conditions are wrong practice but was unable to identify which brands were using them or which ones are not. She claims that some expensive brands also do it. Therefore, she would rather buy from Primary understand. The economic side of things takes over from the ethical values. For a brand which is widely reported to have used unethical practices is being preferred over other brands as its costs are lower and other brands are put in the unethical bracket on basis of hearsay or perception. Another mother who worked as her doctor followed the same beliefs. She stated that she had discussed with her children, forever stated that it is not Just Primary but other brands which are involved too. She blames her children for such her unethical shopping as she claims that when kids nag for new and slick dresses, ethics and morale are easy to forget. Management at T. K. Max believes that keeping customers happy and satisfied is the core ingredient of success. Nowadays, the customers have become more literate than before plus the level of awareness in them has also increased noticeably. This means that the customers cannot be dodged now. Therefore, in order to avoid all the uncertainties and unpleasant circumstances, the company T. K Max has certain guidelines and principle which keep the companys operations morally, ethically and environmentally upright. As per the companys rules, its authorized vendors cannot use any unethical mean like taking advantage of labor from the ones who are underage. If T. J. Max fined any such practice, it will cease all its contracts, bonds and alliances with the vendors (T. K Max, 2014). 2. 4 Allegations made regarding child labor on Primary in 2009 While the management of Primary had cut off supplies from those three particular suppliers, it operations remained outsourced and in the sub- continent. As discussed earlier. He issue was in a way down played made to look like an error of Judgment and selection on part of the corporate and individual foul play by suppliers. Hickman (2009) reported that fresh allegations regarding child labor from its suppliers in Bangladesh. While, the shareholders were delighted by the news of high profits, reports emerged in mainstream media that the company was once again involved its child labor and sexual harassment with respect of its suppliers. The code of conduct was not being followed. The difference from the 14 report was that BBC had named the companies which resulted in ending of contract tit those companies. As discussed earlier that was not a suitable solution and it would only complex the situation even further for children. So, in the latest investigation which was conducted by War on Want, they declined to name the supplier as it only meant that their contracts would be torn apart and workers who already were under great deal of problem would face further issues. The Impact Impact of Responsible Management on Overcoming the Issue According to the scholars and researchers of University of Winchester (2014), a management is said to be responsible when it follows and fulfills all of its corporate social responsibilities with full zeal and zest. Researchers have termed this very CARS (corporate social responsibility) as a tool which management of the company tends to incorporate in its planning. There are several issues which companies come across every now and then. Some of them are critical whereas some are as normal as routine. The issue of child labor is the burning question of all times. From social, economical and legal point of view, the induction and utilization of children for taking work from them more than their capacity and not paying them back Justly is omitting to be extremely focused upon and should be eliminated from the society something really serious, rather they only tend to care about more and more production in the least possible cost. It has also been noticed and observed that organizations make under age children to work completely but does not pay them the set amount of daily wages. In order to exemplify the scenario, the case of Primary can be considered; which was however famous for its product offerings but on the other hand it was also famous for unethical practices; that is child labor (All and Khan, 2012). When the company gets surrounded by critics due to its engagement in unethical practices like child labor, then it becomes the core duty of a responsible management to bring the companys name out of dirt. This is important because if such condition prevails, then the company; Primary primarily can lose the worth of its name not only in any one specific country, but everywhere where it operates. Therefore for serving the purpose, the management ought to consider and dig deep into the CARS activities. As a response to the child labor practices, the perception of people regarding Primary has changed. They, however, made the potential customers o like and appreciate the quality which they produce, yet failed to bond the relationship between them. Its competitors; that are T. J. Max took the advantage of it by sticking more their codes of conduct (T. K Max, 2014). 4 The Response 4. 1 Reaction by the general public about child labor Hopkins (2008) highlighted that, after the news went public, them was an outrage. Hundreds of people protested at the Oxford street gore of Primary. This was a direct response to the reports about child labor coming from Southern India. The protest was organized by War on Want which focused on the treatment of ill children in the manufacturing process. The protestors did not blame Just the Indian suppliers but they focused on the brand which they claimed had put so much pressure on the suppliers to reduce prices. It was inevitable to go through child labor. The report further stated that these scandals keep coming up time and again. They urged the British government to bring in regulations and legislation attempting to eliminate such practice. In response to these Sues, Primary was forced in a way to sack three cloth suppliers from India as they were told that the program staff had substantial evidence of child workers. Response of the aroused issue was seen negative in the case of Primary. However in the case of T. J. Max, customers are found happy and satisfied by the practices and activities of the company. This has led this very fashion firm to the unmatchable heights of success (T. K Max, 2014). However Primary could also be better if it abandons its unacceptable practices in the poor and underdeveloped countries in particular, where it was reported that Primary incorporates a huge amount of child labor in the production of its fashion clothes and other related accessories. 5 Possible Solution that Human Light Organizations ND Consumers Should Push for The way forward taken at that time by Primary can be termed as knee Jolt reaction to what the crowds and the media called for. However, what would have happened to those children and illegal employees who were working with Primary? This is a question the protestors should be asking themselves. Fletcher (2008) presented the answer to this question to child labor issue as well. The closure of the factory doesnt mean that those children would have started going to school. The RPR or app they were getting has been slopped due to have been that the protestors demanded that those children were given education n expense of the brand. This would have been a much better solution as it would have allowed the children to lead a better life in the long run. Stopping child labor abruptly when media exposes such practices will never end or even reduce the problem. It would further complicate the issue and those out of Job children might become subject to abuse or get into criminal activities. Cutting one or for that matter throe supplier off would not prove anything substantial about the companys behavior. Hickman (2009) stated that Primary looked towards creating more mechanism to control child labor. They created a website by the name of Ethical Primary. This was some steps towards becoming or trying to appear as an ethically correct organization.