Global Strategic Management Assignment Example | Topics and Well Written Essays - 1000 words - 2

worldwide Strategic Management - Assignment ExampleThe latter entails using similar and confusing trademarks or gain marks on a similar, not fake, product or service.Counterfeit goods are sold near the world. However, the vice is more prevalent in developing countries where it is relatively cheaper to produce a product (Sullivan & Chermak, 2013). For instance, mainland China and China in Asia are exceptionally prone to counterfeiting. The practice is also found in essential economies, albeit to a lesser degree. Counterfeiting is not only illegal, but also unethical. It is unethical because it involves get aheading from another persons sweat, so to speak. The producers of counterfeit goods are not prepared to introduce their brands and grow them. Instead, they cut corners and try to profit from established brands behind the backs of their owners.The world over, business organizations adopt a variety of measures to address counterfeiting. These can be business, legal or technologi cal. An example of a legal measure is an organization registering their trademarks. Today, it is common for large multinational corporations to have the various components of their manufactured in different jurisdictions then ship them to the assembly plant. Usually, this mode of exercise is designed to take advantage of the advantages that various jurisdictions have to offer. For example, a manufacturer of smartphones located in capital of Singapore may have their battery manufacturing plant situated in Finland. Under these circumstances, the smartphone manufacturer will do well to have all their trademarks registered in all the jurisdictions where parts of the smartphone are made. This is in addition to registering those trademarks in all the countries where the finished phones are sold.Some of the business measures that organizations take to combat counterfeiting include creating and maintaining an anti-counterfeiting department (Spink & Fejes, 2012). The delineate role of the department to initiate and implement measures to prevent the