Research Paper

Brisia Rivera

March 25, 2020

GCS 499

The Cycle of Clothes and Pulse of Capitalism

Introduction

Hook:This research analysis will focus on the enormous economies of scale in production, distribution, marketing, and management

Define the audience: Global Cycle of clothes and textiles with supporting evidence from China and U.S. economies of scale in production, distribution, marketing, and management.

Thesis Statement:This analysis focuses on the interactions between manufacturers/producers, distribution and sellers as international agents of the capitalistic cycle of goods in order to highlight the wealth disparities between 1st, 2nd, and 3rd countries.

Body

An argument to support the thesis:Through Ethnoscapes, technoscapes, finanscapes, mediascapes, ideoscapes globalization has delivered strong and successful cultural reflections of benefits and disadvantages of capitalism.(Supporting evidence will be depriving from liberal meritocratic capitalism)

An argument to support the thesis: the confinements of everyday life the contingencies, accidents, and conjunctures that arise out of active membership in the global economy. Supporting evidence will be depriving form political capitalism

An argument to support the thesis: There are deep flaws in this view of globalization. The chief one is that established fact and known economic patterns don’t financially contribute all three agents within the garment textile industry

Conclusion

Summary of arguments: A product is everything one receives in an exchange, includ- ing all attributes and expected benefits. The product is then manufactured overseas to minimize the cost of production and maximize the profit simultaneosly. Products are classified according to their ultimate use. Classification affects a product’s distribution, promotion, and pricing. Clothes and textiles used for clothes are classified as consumer goods, therefore they are purchased to satisfy personal and family needs. Every product moves through a series of four stages— introduction, growth, maturity, and decline—which together form the product life-cycle. As the product progresses through these stages, its sales and profitability increase, peak, and decline. Marketers keep track of the life-cycle stage of products in order to estimate when a new product should be introduced to replace a declining one.

Call to action: Global wealth inequality in the textile/clothes industry.The allocation of benefits of trade and cross border investment is shifting the living standards in China and other emerging economies.

Bibliography

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Understanding the benefits of outsourcing, many emerging economies have started targeting offshore clients. India and China face competition from many other developing nations like Philippines, Vietnam, Bangladesh, Myanmar, Brazil, and even African countries. Countries with lower currency value are bagging outsourcing work for lesser prices than India and China. Due to competition for outsourcing projects among emerging nations, corporate offices can get their work done for very low prices.

Corporate giants many times exploit the emerging countries owing to such competition for survival.

The parallels between countries have indeed divide yet has increasily overtime contributed to a systematic negotiation to ensure profit maximization.

Global wealth inequality in the textile/clothes industry.The allocation of benefits of trade and cross border investments is shifting the living standards in China and other emerging economies.

Globalization has boosted the garment industries in the developing nations.

Globalisation has benefitted the garment industries, across the world.Some of the developing countries that benefited from the globalisation were Bangladesh, India, and other Asian nations. International policies were regularised to encourage the members to increase the transit value required to promote the globalisation in the international market. Increase in the needs of the clients demand for the garments, the movement had introduced export processing zones that encouraged the management to improve the overall performances.

It is relevant fact that the economic growth in different nations was attributing to the growth of the garment industries. Changes in the operations and financial sectors were experienced due to the change in the technology that was adopted to increase the performances.

Google Searches:

export processing zone

International laws on the garment industry

Globalization in the garment industry

Resale price policy between sellers and manufacturers

Manufacture dealer policy

Customer or territory restrictions

Vertical or horizontal restraints in the garment industry

Antitrust scrutiny

Worldwide competitors in the garment industry

Exclusive distributers

Foreign trade

Distributer Outline Relationship: manufacturing, distribution, ownership, duration, price and intellectual rights.

Scholar Searches

Foreign Trade in the garment industry

Industrial democracy

Unregulated marketplace

Distribution of national wealth

Market power in the garment industry

International trade unions

Garment manufacturers

Garment distributers

Garment sellers