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Pages:
1 page/β‰ˆ275 words
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1 Source
Style:
APA
Subject:
Business & Marketing
Type:
Case Study
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 4.32
Topic:

Issue in "It's a Knockoff World"

Case Study Instructions:

The assigned case study is "It's a Knockoff World" at the end of Chapter 3.
Your assignment is to identify one major issue in the case study, provide background for it, analyze it, and reach a conclusion. Your written work should follow the outline: BACKGROUND, ISSUE, ANALYSIS, and CONCLUSION. You should use these words as headings for your writing. Your work should be typed and double-spaced in Times New Roman 12 font. About two typewritten pages will be sufficient for this assignment.
BACKGROUND: The background should establish a context for the issue. It presents the situation out of which the issue arose. It should provide enough information about the situation so that the reader can understand the issue.
ISSUE: The issue should be presented as a question that can be answered YES or NO.
For example, your question could be: Should this company continue to invest in emerging markets? That is a productive question since it leads to an analysis. An unproductive question could be: How did this company expand in emerging markets?
That question leads only to a description of what the company did and may not force any critical thinking. So always frame your question so that it can be answered YES or NO, keep the question simple, and do not ask multiple questions since that will complicate your analysis.
ANALYSIS: Your analysis should examine both sides of the question. You should present at least three arguments on each side of your question, YES and NO, and your arguments should be supported by facts from the case and/or information from the reading assignment. In your analysis you should also apply at least one concept from the reading assignment.
CONCLUSION: Your conclusion should answer your question, YES or NO. You should evaluate the arguments you presented in your analysis and make a decision based on the weight of the evidence. In your conclusion you should summarize the arguments that support your decision. Please note that there is no right or wrong answer. Whatever you decide is valid as long as your conclusion is supported by your analysis.
Be sure to cover each component of this process adequately.

Case Study Sample Content Preview:

It’s a Knockoff World
Student’s Name
University Affiliation
Course Title
Professor’s Name
Due Date
Background
Counterfeit goods are illegitimate copies of the original products. The Silk Market in Beijing was the first well-known center for selling knock-off products and was frequented by local and foreign tourists (Me & Pesticcio, 2018). Globalization and the use of the internet have facilitated the evolution of the black market marketers can create fully operational market chains worldwide, making it harder to deal with crime. Despite many complaints from the government and top-notch companies, many traders still carried on with the business.
Issue
Should counterfeit products be allowed in the market?
Analysis
The manufacture of counterfeit goods is a nightmare for the producers of original goods, but some individuals benefit from them. The goods are sold on a willing buyer, willing seller basis. For instance, the Silk Market of Beijing was always full of customers willing to buy counterfeit products. The demand for knock-off products is fueled by the urge to consume famous western brands despite financial constraints. Fake products improve the quality of life for people in poor regions since they cannot afford the original products. For instance, buying a fake washing machine at a lower price than the original, as long as it makes work easier for the consumer (Bian & Haque, 2020). The global financial crisis and the need for convenience have further fueled the demand for cheap products which can perform the intended job.
Counterfeit products are a nuisa...
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