Mp3 Player Industry
PRODUCTION AND CONSUMPTION
Explain the current global trends in: patterns of production and consumption commercial, political, social and technological changes will impact on that product in the next five to ten years.
The Growing Worldwide Popularity of MP3 Players is driving suppliers around the world to boost production dramatically. MP3 player manufactures are starting to subcontract production. For e.g. iPod, by Apple “designs its products in California, then subcontracts everything else”. The components of the iPod are not Apple components: from Sony screens to Samsung memory chips. Consequently projecting that in the next 5 – 10yrs all production will cease to be made by the company’s domestic factories.
Thus social implictaions arise on MP3 production and outsourcing which leans toward Foreign labour exploitation. With consumption and demand increaseing electronic companies are finding it harder to satisfy customer needs without increasing costs. Hence......
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Approximate Word Count: 640
Approximate Pages: 3 (250 words per double-spaced page)
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