“What’s in a name’?” Shakespeare asked the world centuries ago. In chemistry, one could argue, everything is in the name. The name tells you the components of a chemical and its structure. Those two aspects will also tell you how something will react, what it will react with, and its toxicity.
The name of something will often influence our perception of it. For example, the medical screening technology known as MRI, magnetic resonance imaging, was originally called NMR, nuclear magnetic resonance. Both names mean the same thing but “nuclear” has a negative connotation and therefore, was removed from the name.
 Steve Goldberg, “MRIs and the Perception of Risk” 33 Am. J.L. & Med. 229-23
Research a common household chemical, a cosmetic compound, a medical drug, or something else that is commonly known and find out what its chemical name is. Is there anything about the real name that would give people a negative perception? Or a positive perception? Does it sound like anything? There are some chemicals that are commonly known as toxic or pose some sort of risk. Occasionally, such chemicals are reported about in the media. Research one such chemical, or group of similar compounds, and describe the harm it poses. What about its chemical structure or components make it harmful? What is its IUPAC name? What are the sources? Is it found in nature? Or is it made from a manufacturing process? How did you first learn about it? What is the public perception of risk for this compound? Is it regulated? Make sure to provide all references used along with proper citations.
This investigation gives a perspective of Porter's aggressive methodologies and how it can be utilized as globalization impacts Levi Strauss and Co., an organization in the business of the world's most seasoned thing of apparel still worn in its unique shape today; denim pants. Pants were at first made to be solid dress for work-wear. It has even caught the eyes of the U.S. government in the World War II and was issued to representatives and veterans of the guard business for work (Lee et al., 2008). Be that as it may, today as globalization happens, pants are bit of garments for work wear, as well as it has now turned into a closet staple. There are bunches of effects of globalization to the pants business. In this manner, Levi Strauss and Co. needs to attempt aggressive procedures to go ahead. 3.0 Problem Statement The effects of globalization may convey positive or negative effects to organizations in the pants business; may it be politically, socio-socially, innovatively or monetarily. In this manner, organizations need to go ahead to adapt to these negative effects. Levi Strauss and Co. were the makers of pants, however because of the effects of globalization and the development of new contenders like Calvin Klein, The Vanity Fair Corporation and Gap pants, Levi Strauss and Co. needs new techniques to go ahead (Levi, 2010). All organizations plan to adapt effectively to the aggressive powers, to accomplish predominant returns and a position that is faultless over the long haul. This examination plans to answer these following inquiries: 1. What writing and research has been beforehand done with respect to the effects of globalization on Levi Strauss and Co. furthermore, the focused methodologies that they have attempted? 2. What are potential effects of globalization on Levi Strauss and Co.? 3. What are the conceivable aggressive systems for Levi Strauss and Co. to go ahead? 4.0 Research destinations 1. To recognize writing and research has been beforehand done with respect to the effects of globalization on Levi Strauss and Co. furthermore, the focused methodologies that they have embraced 2. To break down potential effects of globalization on Levi Strauss and Co. 3. To assess Michael Porter's aggressive methodologies and how it can be utilized by Levi Strauss and Co. to go ahead 5.0 Literature Review 5.1 Levi Strauss and Co. Levi Strauss and Co. is a multinational company delivering the world's most seasoned thing of dress still worn in its unique frame today; denim pants. Everything began in 1853 in San Francisco, California when a man named Levi Strauss opened his dry merchandise business offering necessities, for example, dress and cloth to the pioneers of the time. A tailor named Jacob Davies, who is a client of Levi Strauss, had utilizing copper bolts to strengthen purposes of strain in pants. Davis did not have the cash to buy a patent, so he moved toward Levi Strauss to frame an association together. Concurring with the association, Strauss and Davis got their patent (U.S Patent 139,121) on twentieth May 1873 in influencing men's denim to work pants more grounded with bolts and hard-wearing XX cotton denim "midsection overalls", as pants were called (Levi.com, 2010). 5.2 Globalization Globalization is a procedure whereby provincial economies, social orders, and societies have turned out to be coordinated through overall system of correspondence, transportation, and exchange. It is the joining of national economies into the worldwide economy through outside direct venture, exchange, capital streams, relocation, and the spread of innovation. (Bhagwati, 2004, p.129). Through the viewpoint of globalization, civil servants and financiers, speakers and understudies, mold creators and VIPs, sausage venders and lager consumers, individuals everywhere throughout the world similarly support this tough American image. Being an image of America, yet this some jeans called pants are looked for after in all aspects of the world (Quinn, 1978). 5.3 Positive Impacts of Globalization on Levi Strauss and Co. Financial section The development of bolts is a type of item separation in the pants. It has separated Levi's pants to some other in light of its toughness. In light of the patent of offering bolted pants in 1873, the organization has been allowed restraining infrastructure rights for around 20 years. Throughout the years, it has turned out to be more famous in light of the obstructions to section and item separation. These are upper hand the organization has over others. In 1935, the organization starts offering Levis for ladies. The movements in work and vocation inclinations are an effect of globalization (Girard, 2003). In 1974, the organization's business reach $ 1 billion. In 1977, with victories of their outside direct ventures, it has turned into the world's biggest jean producers. Remote deals expanded, and we can see individuals everywhere throughout the world wearing pants. Departmental stores and boutiques offer Levi's items, and are dissemination channels for the organization. Aside from pants, Levi's give an extensive variety of items that objective distinctive sections in the market, which catches request. The purchaser request shifts from strength of pants to the design of pants. This is an enormous effect of globalization in the mold business (Lee et al., 2008). Socio-Cultural portion In the 1930s, the Levi Strauss and Co. survived the worldwide dejection when there was an intense decrease on the planet economy bringing about mass joblessness and broad neediness that went on for a long time. Because of the expansion enthusiasm for Western culture, pants were situated as being worn by "cowpokes", which are American legends. Individuals have enthusiasm for the pants (Lee et al., 2008). In the 1960s, Levi's pants ended up celebrated among an extensive variety of youth subcultures. The prevalent psychologist to-fit 501 product offerings were sold in remarkable estimating course of action, where the size showed on pants were alluded to the span of the pants before contracting, and the shrinkage was generous. The organization still delivers these exceptionally estimated unshrunk pants, and they are as yet Levi's main offering item (Quinn, 1978) . Moreover, VIP underwriting around then has been effective in boosting the fame of denim pants. In 1956, Elvis Presley turned into the new face of Levi's. A dark denim known as the Elvis Presley pants were discharged by Levi Strauss. It has made an enormous increment in deals for the organization that time (Freund, 2007). Today, as globalization happens, we can see Shahid Kapoor being the brand diplomat of Levi Strauss' Signature image in India and Son Dam Bi for the Levi's image in Korea. Verifiably, Levi Strauss is known as a corporately mindful organization. After the 1906 San Francisco seismic tremor, the organization keep on paying laborers as it was revamping industrial facilities and structures. Amid the Great Depression, rather than terminating the laborers, the organization kept them occupied by putting in new floors. Amid the 1940s, the organization integrated its production lines, bringing white and dark individuals together. Aside from this, they are one of the main organizations to stretch out social insurance to specialist's mates. Today, organizations everywhere throughout the world stretch out medicinal services to the laborer's companions. This has made a gigantic lift to the organization's picture around then. The organization's way to deal with business is outstanding as "benefits through principles"(Lee et al., 2008) . Political Segment The strength of the pants once caught the eyes of the U.S. government. Amid World War II, Levi's pants were issued to representatives and veterans of the protection business for work. After the World War II, veterans that headed off to college wore Levi's pants around the grounds. This has expanded its prevalence since World War II veterans are viewed as saints. Pants around then start to indicate it is appropriate for easygoing wear, as opposed to work. The Baby Boomer time has demonstrated an awesome change in the form business, where an ever increasing number of more youthful customers started to wear pants (Lee et al., 2008). This is the start of globalization on the mold business. To diminish the relative unit work cost, similar to any benefit boosting enterprise, Levi Strauss shut down numerous production lines in the United States to the republic island of Saipan. In 1999, Sweatshop Watch, Global Exchange, Asian Law Caucus, Unite and laborers recorded a legal claim for 3 times against 27 U.S. retailers. Be that as it may, Levi Strauss and Co. was the main respondent to win the case (Strasburg, 2004). Mechanical section Having new mold and models, including the presentation of the most recent chime base pants in the 1970s, the administration of Jay Walter Haas Sr., Peter Haas Sr., Paul Glasco and George P. Simpkins Sr., extended the company's dress line. This shows how the organization situated its items with the changing circumstances and changing in requests, continuing existing clients and catching new markets. In this manner, the expansion in deals will expand organization benefits. Moreover, through the securing of the Great Western Garment Co. (GWG), a Canadian apparel fabricate, stone-washed pants has been presented is still being used by Levis Strauss and Co. today. A worker of GWG by the name of Donald Freeland concocted the system (Heinzl, 2002). The presentation of this new innovation is a component of globalization. 5.4 Negative Impacts of Globalization Financial fragment Be that as it may, as the organization appreciates unstable development, Levi Strauss and Co. was debilitated by rivalry in view of the low obstructions to passage in the pants advertise. The passageway of these contenders cuts down Levi Strauss' piece of the pie. The aggressive costs of pants have made a colossal impact on the organization. As we investigate David Ricardo's hypothesis of similar preferred standpoint, when an organization can create a lower opportunity cost than another, they will be the person who advantage. Having the capacity to catch advertise fragments, these contenders can cut down Levi Strauss' market predominance. The VF Corporation catches the low-end pants buyers, and Calvin Klein catches the>GET ANSWER