StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Globalisation and Integration - Essay Example

Comments (0) Cite this document
Summary
The author of the current paper states that the clothing industry is one of the most developing industries in the recent era and globalization contributes to this development. The time lapse in the transfer of textile fashions and designs from one continent to the other has decreased substantially…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER96.1% of users find it useful
Globalisation and Integration
Read TextPreview

Extract of sample "Globalisation and Integration"

Trendy Cloth Industry- Is There a Darker Side of it? Trendy Cloth Industry- Is There a Darker Side of it?
Clothing industry is one of the most developing industries in the recent era and the process of globalization contributes majorly in this development. The time lapse in the transfer of textile fashions and designs from one continent to the other has decreased substantially due to the formation of the global society. For these reasons, the cloth industry has become one strong platform for the diversification of cultures and trends from around the globe and that has helped in closing gaps between several countries (Jan, 2009). However, issues of employment disinterest, imbalance in the economic structure and downfall of local industries often remain unnoticed in the race of trendiness and fashion craze in the clothes industry (Graziani, 1998). Globalization and integration in the cloth industry has pushed back local manufacturers of textile products and has also augmented the trend of child labor in the development countries (Ramdass & Kruger, 2011). Tough, the evolution of technology and trade liberalism has benefited many companies, but there always remain a darker side of it which should be addressed to make it a truly beneficial industry for small enterprises and individuals too (Graziani, 1998).
A common practice today in the cloth industries is the use of media for brand promotion. This is also the fruit of globalization and integration in businesses, which has shown enormous tools to reach the market first. This has increased customer awareness about all latest brands and design in the market and has given more flexibility in customer’s choice. Moreover, companies have been able to market internationally due to the technological enhancement which brings all the people at one common platform (Jan, 2009). The use of billboards’ advertisements and promotion through magazines, and social media gives more hype to the brand name and builds customer motivation. However, the matter of concern arises when the company charges extra to customers for covering their heavy expenditures of marketing and advertisements. Therefore, the same quality of product is then available at much higher prices than its actual cost (Jan, 2009).
Taking parallel the rising competition in the market, companies cannot keep a big margin of profit in their textile products and thus chooses ways of child labor and minimal health precautions to reduce their overall expenditures. The term relocation has become very common in the cloth industrial, where a company takes services from developing and low economy countries for cheap labor (Graziani, 1998). A report by the International Labor Organization tells that many Multi National clothes industries utilize child labor for services of weaving and fabric stitching. Moreover, many governments have not been able to introduce measures for local cloth industries, which have been neglected after the arrival of big names in their countries. The employment levels in the industry have also been changed because of merging company’s product with other companies’ services. This has decreased the employment ratio in many textile manufacturing companies as the employment levels are now divided between several companies rather than within a company (Plastina, 2009). Also, the interest of employees is often compromised due to the increase concern on sales growth due to fashion following and producing larger volumes of textiles for meeting the global needs (Graziani, 1998).
To summarize all arguments the point can be raised that objectives of fashion following and going international in the cloth industry should also be seen from a ground level perspective. The loop holes of employee and human resource management are evident in the cloth industrial sector. Large enterprises and government should try to counter these issues to make the cloth industry globally beneficial.
List of References
Graziani, G., 1998. Globalization of Production in the Textile and Clothing Industries: The Case of Italian Foreign Direct Investment and Outward Processing in Eastern Europe. Research Report. Rome, Italy: Alfred P. Sloan Foundation.
Jan, M., 2009. Globalization of Media: Key Issues and Dimensions. European Journal of Scientific Research, 29(1), pp.66-75.
Plastina, A., 2009. Child Labor in the Cotton and Textile Sectors. Research Report. Poland: Technical University of Lodz Technical University of Lodz.
Ramdass, K. & Kruger, D., 2011. An Analysis into the Impact of Globalization on the Clothing Industryin Conjunction with the Clothing Industry in South Africa. Research Report. Johannesburg: PICMET University of Johannesburg. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Globalisation and Integration (clothes industry) essay Outline”, n.d.)
Globalisation and Integration (clothes industry) essay Outline. Retrieved from https://studentshare.org/management/1615149-globalisation-and-integration-clothes-industry-essay
(Globalisation and Integration (clothes Industry) Essay Outline)
Globalisation and Integration (clothes Industry) Essay Outline. https://studentshare.org/management/1615149-globalisation-and-integration-clothes-industry-essay.
“Globalisation and Integration (clothes Industry) Essay Outline”, n.d. https://studentshare.org/management/1615149-globalisation-and-integration-clothes-industry-essay.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Globalisation and Integration

Globalisation

...? Globalisation Globalisation As the suggests, globalisation refers to strengthening relationship between organisations, governments and individuals across geographical horizons. The term is generally used to regard economic globalisation. Economic globalisation can be explained as: increasing economic activities across the globe, through distribution of products or services by reducing international trade barriers. International trade barriers are placed by countries for various reasons. Some strong reasons could be to stipulate the use of local products, not compromising taxes, fear of rise in un-employments, pressure in maintaining budgets and dilution...
11 Pages(2750 words)Essay

Globalization

... on globalisation. The functionalist perspective enables us to understand how the growing interests of various nation-states in more stable regulation of the problems of mutual interest brought about the beginning of globalisation and integration processes, continuing to sustain it even nowadays. The functionalists’ (particularly, transnationalists’) emphasis on the TNC role in economic globalisation likewise helps to better locate the driving forces behind it. However, it is the conflict theory perspective that may help in finding ways for overcoming structural inequalities between various ethnic and social groups that give rise to some of the serious problems of socio-economic development, which globalisation happened to cause... to...
7 Pages(1750 words)Research Paper

Globalisation

..., Dilip Das insists that globalisation includes macroeconomic factors. The macroeconomic factors include currency exchange rate fluctuation between two countries’ currency (Gottfiend, 2011). Another macroeconomic factor includes the importation duty or tax paid for importing goods into the customers’ country (Das, 2010). The integration of the global business community contributes to the gross domestic production growth of an exporting country (Johnson, 2010). On the other hand, one of the risks of globalisation shows that the imports may compete with the local industry’s goods and services (Idiart, 2011). Economists affirm that globalisation enhances global economies and...
12 Pages(3000 words)Coursework

Globalisation

...and communication trade in services has been popularized in recent years. The developing countries that opened up market through policies like trade liberalization, deregulation of the capital markets and privatization of state owned industries experience huge capital inflows and stands as the emerging economies of the world. The form of the flow of the capital changed from the period before the First World War and its volume increased considerably. Prior to the First World War capital flows were mainly in the form of loans to the private producers of the developing economies from the developed ones. However, it considerably changed to foreign direct investments or equity investment rather than loans that helped in increasing...
6 Pages(1500 words)Essay

Globalisation

...society. Social behavior can then be distinguished by the types of customs that are held and the way in which beliefs are integrated into this. This is then divided by institutions which have basic functions that are associated with this. This is combined with branches of thoughts, sub-groups and individuals which may change actions according to personal belief; however, these don’t conflict with the social order but instead create a set of dysfunctions or other consequences associated with the social order. The social order can then be disrupted by the definitions of functionalism and those who believe differently or disagree with the main order and act upon this, while marginalized groups that don’t express this simply...
7 Pages(1750 words)Essay

To what extent is regional integration in North America part of globalisation

...dimensions of globalization: economic, social, and political. In addition to three indices measuring these dimensions, we calculate an overall index of globalization 2 and sub-indices referring to actual economic flows, economic restrictions, data on personal contact, data on information flows, and data on cultural proximity.3 ------------------------------------------------------------------------------------------------------------ 2 KOF. 2006, KOF index of globalization. http://www.kof.ethz.ch/globalization. 3 Swiss Index of Globalization measurement, http://www.kof.ch/globalisation. All these forms of regional integration and globalization can be found in North America in the form of NAFTA. It is...
12 Pages(3000 words)Essay

Globalisation

...Introduction – definition of globalization Globalization according to Frankel (2006) means integration through international trade of markets in goods and services, financial integration through international trade in assets, foreign direct investment, international outsourcing of services and international movement of people. Economic globalization is one of the most powerful sources to have shaped the post-war world and the two major drivers behind globalization are reduced costs in transport and communication in the private sector and reduced policy barriers to trade and investment on the part of the public sector. Lee & Tai (2006) too agree that liberal trade policies, incentives, growing foreign...
6 Pages(1500 words)Essay

Globalisation

...Globalisation Globalisation Introduction: Defining globalisation The term globalisation is used both as a as well as a prescription. In descriptive way, it is used to mean the ‘process of integration into the world economy’ and in its prescriptive way, it is used to mean ‘strategy of development based on rapid integration with the world economy’ (Nayyar, 2006). Hence we are faced with either a process or a strategy, and they are not the same. Trade, investment, finance and labour are the important elements of world economy. Globalisation is the expansion of these economic activities across national boundaries. This would require that the nations concerned should open their markets for international trade, international investment... ,...
4 Pages(1000 words)Essay

Integration

...Mathematics Quiz The volume when the area itself under y = revolved about the x- axis from x which is infinite to x = L. in this case we have a vertical rectangles V = dx = ԥ {-} =) which is finite QUIZ 2 Explain when is the method of “completing the square” useful for integration with examples The method of completing the square is a useful method of solving equations that are in quadratic form. Since integration is used in finding volumes, areas and central points among other useful aspects in real life. In case the equation being integrated forms a quadratic equation, then the completing square method is most suitable in solving the problem. For example the equation to be solved by...
3 Pages(750 words)Assignment

Globalisation:

.... This raises the question of whether globalization is actually leading to more inequality. To answer this question, the following discussion will focus on social and economic effects of globalization. Globalization and improved standards of living Globalization has brought about economic and political integration (OBrien, R. & Mark, 2013). As a result, there is interdependency between governments in an aim to alleviate different social challenges. The main beneficiaries of globalization have been the developing nations. Most of these countries have been able to access loans and grants from the development partners. Access to funding has enables many countries invest in major infrastructures such as transport and...
12 Pages(3000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Globalisation and Integration for FREE!

Contact Us