...contract work out to suppliers. One strategy that all leading firms have adopted is the use of company websites. They are used to promote online shopping which has increased dramatically recently and it believed to continue increasing for some time. The elimination of quantitative import restrictions in 2004 must also be highlighted since it altered the way some company’s trade. It also allowed developing countries to extend into other branches of the fashion chain other than production. A further apparent trend would be the decrease in expenditure. This is thought to be the result of the current financial state which is causing customers to restrict their spending. The availability of cheap fashionable clothing from discount stores such as Primark may also be to blame for this decrease. This report deals with ‘mass’ fashion and does not deal with the top end of the market....
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...sustainable development since Earth Summit of 1992 ................................................................................................................................ 4 4. Triple bottom line........................................................................................................ 5 II. The commercial case for considering social and environmental matters in business management .......................................................................................................................... 6 1. 2. 3. Stakeholders and how they impact on business policies ........................................... 6 Is adopting CSR policies cost-saving? .......................................................................... 7 Primark Ethical Trading ............................................................................................... 7 III. Balance between expectations of stakeholders and the social and environmental issues 9 1. Would you pay extra for ethical products?................................................................. 9 2. Would shareholders sacrifice short-term dividends for longer-term social and environmental benefits?...
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