Ethical fashion Essay Example | Topics and Well Written Essays - 750 words

Ethical fashion - Essay Example Consumers have certain expectations about particular product or service offerings (De la Merced, 2011). In line with this, their main concern is to acquire a product or service offering which is in line with their expectation in order to satisfy their needs. Consumers therefore focus on what they can get. This is a self-centered approach because they believe they always have the right to demand for the best. In reality, they do not care so much how the product was produced for as long as they will ultimately receive one with best quality at a reasonable cost and substantially good quality. In fact, this is further illustrated how the modern marketing approach continues to give high priority on creating certain value for customers. The modern marketing techniques ensure how to create needs for customers. In line with this, modern marketers are after of how they could specifically create a need for their product or service offerings especially in the fashion industry (Young, 2011; Oliv er, 2011). As a result, customers end up with various choices and options. They could even essentially look out for the best, but one thing for sure is clear about this, they could also demand for what is best for them. The market has become customer-centered, as customers become highly sophisticated in understanding their rights, which definitely leaves a highly competitive market with various key players trying to win as many customers as possible. This gives the opportunity for customers to have high expectations on certain products. However, the point of understanding how and who created the product would seldom come to mind. Customers care most about the kind of service given to them which particularly involves the cost (Wilson, 2011). As a result, it is not an integral part of their expectations to understand the entire process of how the product or service offering was formed, but on how much value they could get in return of the monetary value they

Reporting Paper (Accounting) Essay Example | Topics and Well Written Essays - 750 words

Reporting Paper (Accounting) - Essay Example The employees are required to be assured about the safety and security of their jobs despite takeovers. The points to be discussed in the memo include the post - retirement benefits of the employees of the organization that has been acquired. The human capital is the most essential part for the success of any organization. As and when, there is a merger or acquisition taking place, the employees often feel unsafe about their professional career. In order to, have the professional faith retained among the employees; the management of the company should inform the employees of the acquired firm about the revised perks and perquisites that are on offer. Also, the management of the company should clearly focus on the post – retirement benefits like the pension schemes (namely defined benefit pension schemes and the defined contribution pension schemes). It is prudent for the management of the company to keep the employee force informed about the proposed integration of both the prevailing segments along with the two schemes of the post – retirement benefits. Defined Benefit Pension Scheme – Defined Benefit Pension Schemes, often known as the DB pension schemes are the simplest form of the post – retirement benefits. The benefits i.e. the pensions are calculated on the basis of the predetermined formulae. Basically, the defined benefit pension schemes, which are the traditional schemes in the periphery of the post – retirement benefits, are contributed by the employers. But, employees might also contribute. There are several factors upon which the benefit depends (i.e. the variables of the formulae) and that include prevailing mortality rates, scheme assets, rate of return for the investment and changing regulatory rates among others. The tradition DB pension schemes are observed to be losing their popularity in the recent past to the DC (Defined Contribution)