profit a priority‚ therefore resulting in many firms questioning whether to become more socially responsible is worth the additional costs which would result in reduced profit for the company and key stakeholder’s groups. Primark offers a perfect example to this point‚ Primark is a retail firm in which offers exceptionally low prices through exploiting cheaper labour from abroad. If the company was to become more socially responsible they would have to sacrifice their unique selling point of low
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use an example contract to support your answer (feel free to obscure any confidential information). 1. Health and Safety 2. Employment rights and responsibilities 3. Pay and pension 4. Data Protection When I was hired by the Primark Ltd I was given an employment agreement which both party signed. I checked my all required details like‚ my rights‚ pay and pension scheme how my personal information will be secured and healthy and safety responsibilities. 2a) List three key points
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Explain the impacts of globalisation on service economies in the UK In explaining the impacts that globalisation has had upon service economies in the UK‚ the concepts‚ ’globalisation ’ and ’service economy ’ must first be defined. MacKinnon & Cumbers (2011) defined globalisation as "… the increased connections … in flows of goods‚ services‚ money‚ information and people across national and continental borders.". The globalisation process may be decomposed into constituent processes in order
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possible in the supply process. Different operational approaches for achieving GQR are possible‚ from fully integrated‚ centrally controlled systems to response based on contractual relationships. Two contrasting examples from practice – Zara and Primark – are noted. GQR offers significant opportunities for further research both in the clothing sector and more widely. Keywords Clothing industry Fast fashion Global quick response Order fulfilment Postponement Quick response Supply chain management
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Merchandising is carried out by the area of a business which mediates marketing and production departments‚ such as the buyers. This process is were the product is designed and developed‚ and then presented to the rest of the buying team. Including overlooking the product line throughout is product development life‚ from start to finish. The merchandising department may have to deal with some of the costing and pricing. The merchandiser aids creating a product line that should create a profit for
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CeeCee Case Study Analysis School of Business & Humanities Institute of Technology Blanchardstown Dublin 15 Bachelor of Business Studies Strategic Marketing Management 04/03/2011 1. INTIAL OBSERVATIONS * Fashion Industry * The fashion retail industry has grown rapidly. It is reported in the case study that sales revenue in the European clothing market has increased by almost 20% over the last decade. * There has been substantial price deflation caused by the increasing market
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Companies including Gap‚ Primark‚ Monsanto and others have been criticised for child labour in their products. The companies claim they have strict policies against selling products made by underage kids‚ but there are many links in a supply chain making it difficult to police them all. In 2011‚ after three years of Primark’s effort‚ BBC acknowledged that its award-winning investigative journalism report of Indian child labour use by Primark was a fake. BBC apologized to Primark‚ to Indian suppliers
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between 1960 and 2003‚ according to the World Bank.[4] Contents[hide] * 1 Historical * 2 Present day * 3 Recent child labour incidents * 3.1 Meatpacking * 3.2 Firestone * 3.3 GAP * 3.4 H&M * 3.5 India * 3.6 Primark * 4 Defence of child labour * 5 See also * 6 Notes * 7 References * 8 Further reading * 9 External links * 9.1 Child labour in diamond industry | Historical Child labourer‚ New Jersey‚ 1910 During the Industrial
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Table of Contents 1.0 Introduction: This report seeks to provide a board evaluation on UK clothing retail sector; this would be conducted using academic resources and databases. Firstly an overview of the sector will be given‚ followed by identifying the key players within the industry. A further scrutiny will be provided on the trends within the industry‚ finally a conclusion on the opportunity aspect the industry has to offer‚ followed by my suitability for the job will be
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more than the local rates. This reduces unemployment in the area and slightly increases wealth however workers are often exploited‚ by having to work long hours‚ getting low wages and work in poor conditions which are often unsafe. For example the Primark factory that collapsed in Bangladesh killing over 1100 people in 2013. TNCs bring new technology from MDCs into LDCs this helps people there develop new skills which they can then go on to use in different jobs. This also helps countries become
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