Because of the current ecomomic situation, and the climbing number of consumers switching to generic brands, do you think that these cheaper options will take over the market, consuming more expensive brands that can't lower their prices? Could this lead to a greater number of outsourced jobs as a result?
I do not think that generic brands will take over the market. I think that they will become more popular because people are trying to spend less money. Still I think lots of people are still drawn to name brands. They have used these products for years and years and I do not believe they will stop now. Although generic brands usually do the trick for what we are looking for the original brand name can do it better. If someone is able to afford this then I believe they will. If anything I hope this can open up more jobs. I think making generic brands more popular might cause them to open up more factories causing them to hire more people. Still brand names will have enough people buying products I do not believe many of them will lose their jobs.
Thursday, February 28, 2013
Recycled Material
Because many young adults today are looking to live in a greener world many companies are using more recycled materials. This can become a lot more costly for the company making some prices go up. The material is better for the environment and will keep the air cleaner but not everyone is going to pay extra for this. They are trying to reach the target market but currently many of us don't want to pay extra for these things. It seems that companies who should invest in greener materials should only be ones who can afford it. If the company has extra money to use these materials they should just began to for not just target market, but for the world as well. They will be helping their children and grand children shouldn't it just be the norm for them to do? Would you pay extra for a material that claims to be made in a more green way?
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