I see a great difference between what the companies are doing and the illegal production of
counterfeit products that various people give fake designer labels and sell in the streets
because of some reasons. The first reason is due to the fact that the products are surely
manufactured by the company that labelled them hence they are not counterfeit. The other
reason is the fact that the companies manage to maintain the same quality for the products as
the one that were manufactured in the country where the products were manufactured.
However, it is important for the companies to be truthful about the products that they sell as a
way of ensuring that they are honest in their dealings.
It is unfair to the clients to deceive them that the products were manufactured in a given
country when they were not. In the United States of America such practises are referred to as
unfair deceptive acts and falsely marketing of the products. It is important for the companies
to ensure that they are honest to the clients by giving the true information about the
production of the goods because they owe the clients honest information. The sad fact is that
many companies seem not to understand this fact. They are therefore supposed to disclose
the location where the products were manufactured.
The globalization of the workforce where a company may set a factory in a country where
they are convinced that the labour is cheap will leave the inflexible employees in the
European countries jobless as the companies continue to seek ways that they will use to
create employment. It therefore means that there is a likelihood that the rate of
unemployment may increase in the European countries because they have more traditional,
less flexible and more complicated labour rules.
Many companies are working on their brands and they are producing high quality and
premium products and they posing themselves as potential competitors. This is to mean that
the companies that focus on the country of manufacture as a selling point may soon be in
problems because of competition. My prognosis is that if the products that are made in a
particular area manage to keep their quality then they will always attract the clients hence
they are likely to proper.