ESSAY The Licensing in Fashion Industries. 1.1 What is the meaning of licensing agreement? The verb to license is synonymous of give permission. A licensing agreement is an authorization to use licensed material granted by a party named: Licensor to another party called: Licensee. This is a contract between this two parties. The purpose of a licensing agreement is the authorized use of the licensor’s trademark‚ by the licensee‚ specified in the terms of the contract. We know two different
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Globalisation is the integration of the worlds economy through mass consumption of mainly Western culture‚ technology and trade due to advances in telecommunications and transport developments. The impacts of globalisation include: Low trade barriers Low transport costs Increasing role of TNCs Internet Increased telecommunications technology As a consequence of globalisation‚ the liberalisation of world trade has meant the economy operates on a global scale. This has resulted in increased
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Globalization with Respect to its Impact on Indian Culture *Dr. Sushil Kumar Singh‚ Assistant Professor LFEH‚ School of Education‚ Lovely Professional University‚ Phagwara‚ Punjab. ABSTRACT It has been experienced that every step of movement towards economic‚ political and cultural modernization‚ taken by the state in India‚ is responded to by the people with an enhanced sense of self-consciousness and awareness of identity. Cultural modernization‚ sponsored by the forces of globalization‚ is resented
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Over the past fifty years there has been a rapid increase in Buddhist adherents‚ this is due to the accelerated improvement in technology and the consequent elevation of globalisation. Buddhism is a wide spread‚ immensely populated religion that circumscribes a variety of traditions‚ beliefs and practices‚ based on the teachings attributed to Siddhartha Gautama (Buddha). Over time‚ the Buddhist environment has been affected by the diversity of cultures within societies which has implemented change
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ETHICAL PRACTICES IN THE FASHION INDUSTRY ETHICAL PRACTICES IN THE FASHION INDUSTRY Executive Summary Ethical practices in the fashion industry can be defined as the production of materials with morality. With social responsibility of the world fashion houses‚ and designers are now acknowledging the significance of ethical business. Trying to run a fashion business on goods that do not harm the environment and are cruelty free is easier said than done as I will bring to surface the
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Globalisation has had a significant effect on the nature of politics. Of the largest 100 economies in the world‚ 51 are corporations; only 49 are countries. Multinational corporations are a significant force challenging the concept of a national economy. In the modern world‚ national governments have much less control over their economies than previously. Governments need multinational support to run effectively. They are dependent on corporations for their resources and services‚ eg: providing
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Table of Contents The Impact of Globalisation on Multinational Companies Introduction Globalization is a term used to describe the trend of growth; trade practices between undertakings perform beyond the geographic and economic boundaries‚ so that they exist (Waters‚ 2001 Brinkman‚ Brinkman‚ 2002). Globalization is used to describe the nature of the dominant international trade and business‚ as they are no longer limited to serving specific groups of consumers in
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Village’ Globalisation & its impact on International Business: A Study “Globalisation is radically changing the international business environment by creating a ‘global village.” Introduction The intent of the paper is not merely highlighting the aforementioned viewpoint but to establish the ideology within the context of International Business amidst globalisation and understanding the increasing interaction and inter-dependence amongst the firms and businesses in various industries and
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The impact of globalisation on logistic service providers (LSP’s) located in Belgium. In the light of the logistics industry we will start with a definition of globalisation and a description of the driving forces behind the ongoing internationalisation process. Secondly we will define the behaviour of the logistic providers in terms of their strategic decisions‚ performance‚ services and international presence following this globalisation wave. An increasing amount of supply chain activities
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The impact of digital media on globalisation That D&G advert you saw on the back of the bus today is the very same advert that will most likely be seen in Oman on the side of a building today. We can all agree that the world today is a much smaller place than it used to be. Our generation today as well as the generation before us experience this world we call home in an entirely diferent way than our grand parents. For example‚ communicating internationally has never been as easy‚ thanks
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