Main Ideas Pietra Rivoli‚ author of The Travelers of a T-Shirt in the Global Economy‚ refers to Friedman’s The Lexus and the Olive Tree‚ how he describes‚ “The gazelles win by running faster and smarter than the competition‚ but the lions win by catching and eating their prey”(52). Rivoli uses this theory to American cotton farmers‚ who are both the gazelles and the lions. She talks of them as gazelles because they squeeze income out of every step in their production chain‚ while feeding cattle
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Managerial Decision Making Kristen Betts March 27‚ 2011 There are several biases that affect the judgment of managers‚ however‚ here are just a few that are relatively common; availability heuristic‚ representativeness heuristic‚ the affect heuristic and the positive hypothesis testing. It is truly intriguing to understand how each of them affects reasoning and judgment. The Availability heuristic is when individuals look for frequency of information‚ likely causes or even probability
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My Ideal Room My ideal room is inside a grand two floor French chateau which is located in a hilly countryside with quiet and cool environment. My room is large and spacious‚ two hundred meters square in area and seven meters high. It is rectangular in shape. It is on the first floor of the house. Ventilated from three sides it has total six wide windows allowing refreshing breeze and sunlight to flow in. All windows have a frosted pearly- green sliding glass and two wooden shutters with
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the Global Economy” has divided into four parts. In Part I‚ “King Cotton‚” Pietra Rivoli focused on Porter’s Diamond theory’s first step which is firm strategy‚ structure‚ and rivalry. She talked about how cotton has developed in America and how the USA took over the market and dominated the competition. She also explained how slavery has impacted on cotton development. In Part III‚ “Trouble At The Border‚” Pietra Rivoli explained the Porter’s Diamond’s theory’s third step which is related and supporting
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in the Global Economy‚ business professor Pietra Rivoli takes the reader on a fascinating around-the-world adventure to reveal the life story of her six-dollar T-shirt. Traveling from a West Texas cotton field to a Chinese factory‚ and from trade negotiations in Washington to a used clothing market in Africa‚ Rivoli examines international trade through the life story of this simple product. Combining a compelling story with substantive scholarship‚ Rivoli shows that both globalization’s critics and
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t-shirt in the global economy: An economist examines the markets‚ power and politics of world trade” author Pietra Rivoli explains many difficulties in the production of her t-shirt. The production has conflicts such as the global tensions from states‚ markets and social actors. I argue exports from China that are imported into the United States have a beneficial effect on both economies. Pietra Rivoli a professor of international business and finance at Georgetown University started her research in Texas
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organized student protest at Georgetown University‚ where the author Pietra Rivoli‚ is a professor of finance and international business. University students take turns speaking at the microphone explaining how the Big Corporations‚ Globalization‚ The World Trade Organization (WTO) and the international Monetary Fund (IMF) are exploiting workers all around the world. One female speaker especially caught the attention of Rivoli by exclaiming‚ “Who made your T-Shirt”. This instance sparked Rivoli’s
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t-shirt in a global economy In her book‚ The Travels of a T-shirt in the Global Economy‚ Pietra Rivoli takes on the intricacies and complexities of trade and globalization through following the path of a T-Shirt she purchased from Walgreens for $5.99. It is a very informative book and her writing is such that the reader is left feeling both well informed on the issues discussed‚ as well as entertained. Rivoli breaks up the book into 4 sections. In Part I‚ “King Cotton‚” we are brought to an area
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Travels of a T-Shirt in the Global Economy‚ author Pietra Rivoli conveys the story of a t-shirt she purchased in Florida for just $5.99. Beginning with core element of the t-shirt‚ she describes the cotton boom in the United States and why we have reigned supreme as the leading cotton producer. She even meets with a Texan farmer who warms your heart from the very beginning of the chapter. Next‚ the cotton goes on to textile mills and factories‚ and Rivoli explains the history of the textile industry.
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Bibliography: Rivoli‚ Pietra. The Travels of a T-shirt in the Global Economy: an Economist Examines the Markets‚ Power and Politics of World Trade. Hoboken‚ NJ: John Wiley & Sons‚ 2005. Print.
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