Introduction The acute awareness of building strong multilateral ties within Asia and the Pacific saw the establishment of the ASEAN Regional Forum (ARF) - a platform aimed at discussing confidence-building measures. This includes trade and commerce and the challenges surrounding it. By 2021, e-commerce in Asia-Pacific (APAC) is expected to reach $3.5 trillion. This multi-trillion dollar e-commerce market is the...
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New product development is an important success process, which is required for continuous development and long-term growth of the company in pharmaceuticals. In addition, new product development is a process that is more difficult in this pharmaceutical sector in Pakistan and high risky process. There are factor, which are highlighted as per the previous literature and research. These factors include,...
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This paper proposed to analyze whether the existing policy could be the correct way to develop sustainable development in the case of Indonesia. The current policy may or may not able driving Indonesia into sustainable development country as part of Kebijakan Ekonomi Nasional (KEN) and Rencana Umum Energi Nasional (RUEN). By looking at the fact that the increasing demand of...
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Introduction After understanding what commerce is and how the goods are made available to the consumers. What then is the importance of Commerce? The following are some of the importance of Commerce 1. Commerce tries to satisfy increasing human wants Human wants are never ending. They can be classified as 'Basic wants' and 'Secondary wants'. Commerce has made distribution and...
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Australia is among the world's largest coal exporters (Engelfried, 2018), and Adani is one of the biggest coal mining companies. Coal mining is an activity that brings a significant source of income into the Australian economy; however, there are many environmental impacts associated with it. The operations of Adani mine in Townsville is of significant concern to residents because it...
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System thinking stands as a really important structure where we can analyse the problem and know the problem from its roots, then we can find that where can we make changes to resolve the problem. Coal mining is a really profitable industry as coal is being used in a lot of high profitable industries. For example, it is used in...
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Introduction The research area is based on how construction contracts and procurement techniques are used in project of Coal India Ltd. CIL is a Maharatna and Indian state-owned company of coal mining and refinery. The main headquarter of Coal India Ltd is in Kolkata, West Bengal. 82% of coal is produced in India by CIL. It is in the 8th...
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Executive Summary This report is based on organizational context of AT&T Inc with the aim of identifying the existing legislative framework and signed agreements of Australia (host country) that is affecting the service delivery of AT&T Inc. Further, this report discussed about few significant agreements that are affecting the business of AT&T Inc in Australia. Through the report it can...
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Fast-fashion is ‘an approach to the design, creation, and marketing of clothing fashions,’ that skyrocketed at the start of the 21st century. This strategy combines three main ideologies: Quick response, frequent-assortment of changes, fashionable designs at affordable prices. There has been a fundamental shift within the clothes industry, resulting in a transformation in manufacturing to mainly developing in Asian countries...
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In this world of fast fashion and consumer culture, it’s easy to be caught up in a plethora of colour and pattern and knee-high leather boots. It’s easy to give yourself over to momentary wants and “needs” and lose sight of the bigger picture, but unfortunately, the picture is this – the fashion industry is the second largest polluter in...
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In today’s day and age, websites are brimming with online catalogs. Stores like Forever 21, Zara and even H&M are all affordable places where people can get fashionable and trendy clothing at a low cost. This low cost, up to date, clothing is made possible by fast fashion. Fast fashion is a term used to describe affordable clothing produced rapidly...
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Water Pollution Encylopedia Britinnica defines “Water pollution is the release of substances into subsurface groundwater or into lakes, streams, rivers, estuaries, and oceans to the point where the substances interfere with beneficial use of the water or with the natural functioning of ecosystems. In addition to the release of substances, such as chemicals or microorganisms, water pollution may also include...
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Fast fashion is a term used to describe inexpensive clothing produced rapidly in response to new trends. With exponentially increasing demand by consumer-driven production of cheap clothing, such prices are kept low through outsourcing manufacturing in low-income countries. Unsustainable garments are produced in a complicated process that requires an inordinate amount of resources. Due to the poor quality of mass-produced...
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Offline and online retailing will soon become completely integrated into one. This will mean that one will not be able to do without the other. In the fast-moving world, Alibaba Group has been able to emerge as the biggest e-commerce company in the world. They made the shift to data company due to the integration of online and offline retailing....
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This essay will explain the concept of fast fashion and its detrimental impact on economic and social wellbeing; focusing on its role in clean water and sanitation, as outlined under SDG 6 of the UN international conference of 2008. The term fast fashion is one that has, “an approach to design, creation and marketing of clothing that emphasizes making fashion...
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It should already be a red flag that there is a well-known term in the fashion/consumer industry called “fast fashion”. Similar to the concepts found in the fast food industry (and literally McDonald’s), fast fashion is there to keep up with the demand of American consumers and their ever changing tastes. As for efficiency, defined as “the minimization of time...
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In recent years, industrial internet of things (Industrial IoT) has become the most popular industrial technical paradigms and business concepts. With the continuous integration of emerging information and communication technologies (ICT), the industry is envisaged to experience a revolution in its way of operating toward autonomous (Meng Z. et al, 2017). The envisioned industrial systems can potentially empower collaborative Practices,...
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Fashion has become incredibly fast-paced. The ability to mass-produce numerous articles of clothing and make them available and affordable to the general populace has increased consumerist tendencies across the globe. Changing clothes every season has become the norm for upper and middle-class customers. As such, the most successful fashion retailers need to be capable of adjusting their selection of goods...
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Fast fashion is a term that is used to describe a new trend in the fashion industry that is characterized by high speed and low prices in order to provide customers with popular collections that reflect celebrity styles and catwalk presentations. Manufacturers are able to reduce costs by cutting environmental corners. Therefore, fast fashion has many downsides. The most noticeable...
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All businesses are protected by the law. The work of protecting the consumer rights is done by government body called the Federal trade commission. The main function of this commission is to ensure that the claims made on the product’s adverts and the and the stickers on the products are correct and true. When a company runs a false advert,...
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Characteristic of global trade[edit]Trading globally gives consumers and countries the opportunity to be exposed to new markets and products. Almost every kind of product can be found in the international market: food, clothes, spare parts, oil, jewelry, wine, stocks, currencies, and water. Services are also traded: tourism, banking, consulting, and transportation. A product that is sold to the global market...
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What is most responsible for the death of sweatshop workers in Rana Plaza and chromium pollution in the river near to Kanpur? You will never consider the latest H&M shirt in the store is made by one oppressed worker who was stitching the shirt with their lives. And you would not think the environmental cost of that shirt as well....
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Every enterprise and every business exist to attain its goal, both social and business goals. Information system is crucial for the continued existence of any business. Amazon is one of the major E- commerce worldwide with the large number of its customers. Amazon uses information systems in its business processes to gain more advantage through their customer's personal information. Therefore,...
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The main aim of the essay is to explain what big data highlighting the key opportunities and challenges for associated with using this system, as well as how it affects international trade. International business is the exchange of goods and services among individuals and businesses in multiples countries, such as when multinational companies or international business engage in businesses with...
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The share prices of Valeant dropped in just a few weeks from $ 262 to $ 27. This was due to the main reasons – the company's pricing strategy, the company's $ 600 million overestimation of its target earnings and the debt problems. Valeant used a pricing strategy where they increased the prices of the drugs of the acquired company...
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More than 2,000 years ago, traders opened the transcontinental passage that connects Asia, Europe and Africa, nowadays known as the Silk Road. Trading ships created sea routes connecting the East with the West, forming the maritime Silk Road. These ancient silk routes opened windows of dialogue between peoples and nations. The modern China of the beginning second millennium A.D. under...
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The One Belt One Road initiative is a project started by China in 2013 and that focuses on improving the connectivity and cooperation between China and several other countries in Asia, Africa and Europe to improve the trade relations worldwide. The focus of the initiative is energy, improve the infrastructure and improve transportation (Ma, 2018). However, experts see it also...
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International trade emerged as a controversial concept that led to the creation of various theories to justify the adoption of the practice. International trade theories explain the exchange of goods and services between entities or people from two different nations. The trade between individuals and entities results from the belief in the possibilities of benefiting from exchanging goods and services...
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Food production has drastically changed over the course of human history. The process of cultivating food from raw materials to the preparation of cooked dishes has transformed entirely. Animal husbandry first began more than 10,000 years ago during the so-called Neolithic Age when humans began domesticating animals such as dogs and sheep. This concept is a branch of agriculture concerned...
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Drug overdose is one of the leading causes of death in America and across the world. According to recent world headlines, “in 2015, about 300 million opioid prescriptions were written, with more than 80% being written in the United States” (Davidson). According to author Tish Davidson, this is only one part of the “American public health crisis caused by addiction...
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