RLUT Task 1

Name

Institution affiliation

Date

Introduction

This document is going to explain in finer details the implications of counterfeit markets and thus may provide detailed information of how to control them. Counterfeit markets have been recorded to be the den of activities and it has been jolted down that it leads to the drainage of economic money as it promotes fake products which are generally short-lived. These products have been found out to be deceiving the customers as they cannot really differentiate them (Pacula, 2012).

Stern action is the only way out of this situation as it has been proved that it’s hard for a customer to assume a products that rhymes with tis income thus due to the hard economic times many have been found to use these products often. Recent studies have proved that these market cash in a lot of money which is greater than some of the developing countries pointing out that they are a profit staggering market where fats money is earned.

Education to the low income earners should be the first priority to eliminate them from the dangers associated with use of these products. This study aims at giving full details about the dangers of these products and the best way to evade using them.

Research done should be cross-checked to ensure and confirm whether all what was researched has been or is being followed. Following our review we found out that certain issues were found thus responsibility, truth and change were known to be the hardest principles that many are unable to follow and which need more time to instill to people. Change in peoples lifestyle has been affected thus many tend to rise and others fall. More friendly and better approach to curbing the vice should be thought of and put in place so that permanent solution to this is achieved.

Politicians, security and business people, have been found to have the greatest impact in the spread of counterfeit markets as in a bid to make more profits, and gain fame, business people bribe those in charge thus the passage of illegal goods and the spread of these markets. Security agencies also have become sluggish to fight this crime since they are paid huge sums of money so that they let all illegal goods and people to be shipped from one place to another. Politicians lack the moral value to fight off the vice amidst many talks that they make to impress the people (Stewart, Norwinski, & Franze, 2011).

Studies conducted proved that these markets pose a great danger to all sectors of the economy amidst them the fashion industry where many firms are forced to fire their employees due to minimal sales done thus fewer funds. It should be noted that this review tends to see what measures should be adopted to end this calamity which depletes the economy with every dawn. This research opts to see that all these changes are put in place and tends to put in place all those measure suggested by preceding researches (Pacula, 2012).

Conclusion

This research had its own objectives which it had promised to cover. The results were well received and the research accomplished its mission. This, however, was not without some setbacks which had proven to be solid but were later solved. The total research was one that was a success. However, these setbacks have become a lesson and have taught us various aspects which in case of another research cannot be a setback. Some of the setbacks include language barrier, time and geographical locations. These setbacks gave us the conclusion that in any other research these are evident. The finding, however, will be made available to all sponsors who helped make this research a success. The results were quite not as expected, but they really gave us an idea of what needed to be done to eliminate the markets. We thank the Almighty God who protected us through everything, our sponsors, those who sacrificed their time to make this a success and all those who were involved in making the research a success. The information will be available to the public if they want to have a look. Some of the results stated that all business people aspired that these markets end to help revitalize the markets and the economy as well. The public also hoped that these markets would be controlled, and bring an end to the spread of all illegal goods and people to help ease and end all the conflicts.

Visual aid

Graph outlining those involved in counterfeiting in percentage with regards to age

EMBED MSGraph.Chart.8 s

Graph outlining the increase in counterfeiting with regards to years

EMBED MSGraph.Chart.8 s

Graph indicating the percentage of those who practice counterfeiting with regards to social class

EMBED MSGraph.Chart.8 s

Visual Aid Script

There is sufficient evidence that counterfeiting has increased over the years. As indicated from the graph, people between the age of 26 and 35 are mostly associated with counterfeiting. The aid also indicates that hard economic times push people to practices that are malicious. This shows the age bracket that should be tracked to help curb this vice. The aid also shows that with the fall of the recession, counterfeiting also falls. The aid also states that social class also determines and increases the rate of counterfeiting. This information was achieved after consecutive interviews with different people from different states and races. The importance of this data is to ensure that the people between these brackets have better jobs and employment that will them evade such malicious practices. This shows that women are mainly affected and that proper jobs to help alienate them from this practice are needed. This indicates that the economy should be regulated to avoid such incidences. The information also dictates that increase in economy helps raise the standards of the people resulting to reduced rate of this practice (Staake, & Fleisch, 2008).

Visual Aid rationale

The reason why I chose this method of using visual graph is for clarity. This information provides a clear indication to what is really taking place. The aid is used an extra material to help add more evidence to the research conducted. The reason why I chose to use the bar graph is because it presents information well in regards to the research. As indicated the aid shows how critical the practice of counterfeiting is in the world today.

Question asked and answered

# 1- Do you really see that the study will help alleviate the practice? Yes if measures proposed are put in to place, then change would be visible. This implies that the public should ensure that it also gets involved in ensuring that the proposed measures are achieved.

# 2-What hostility did you pass through as you did your study? The correspondents were not hostile thus they were very friendly. They spoke very well and were very welcoming. The people wanted to talk about their problems and they wanted them addressed.

# 3 What response do you think the government will take? The government just like other times will remain silent on the issue with a confronting message that it will help solve the problem.

Table outlining the increase in counterfeiting with regards to years

year 2008 2009 2010 2011 2012

percentage

40 45 60 63 59

Table outlining those involved in counterfeiting with regards to age

AGE

GENDER 18-25 26-35 35 AND ABOVE

MEN 39%

47%

14%

FEMALE 36% 54% 10%

Table indicating the percentage of those who practice counterfeiting with regards to social class

class Poor Rich

percentage 83% 17%

References

McCorkindale, S. (2008). Confessions of a counterfeit farm girl. New York: New American Library.

Pacula, R. L. (2012). An Alternative Framework for Empirically Measuring the Size of Counterfeit Markets. Cambridge, Mass: National Bureau of Economic Research.

Staake, T., & Fleisch, E. (2008). Countering counterfeit trade: Illicit market insights, best-practice strategies, and management toolbox. Berlin: Springer.

Stewart, C. A., Norwinski, E., & Franze, A. J. (2011). Brand integrity: Strategies for fighting contraband and counterfeit goods. Chicago, Ill: American Bar Association.