Essay: Economic characteristics of Furniture Industry

By | April 27, 2011

Sample Essay

Essay: Market for furniture products is highly fragmented worldwide and therefore the global furniture industry enjoys healthy competition. The competition pattern is centralized on a regional level.

–                      Companies in the furniture industry are both publicly traded and privately held for instance; there are a number of small and medium sized furniture companies in Europe which have been functioning with great success.

–                      The furniture industry utilizes both skilled and unskilled labor probably due to diverse production activities.

–                      Although advancement in technology has introduced newer methods for designing for example; CAD/CAM, 3D Tools etc. but hand crafted tools are still utilized. This is perhaps the reason behind the continued success of traditional furniture making countries, which still own around 70% of the global furniture market.

–                      The furniture industry has provided a lot of jobs in the rural population particularly in developing countries. The reason behind this is that a lot many tasks require certain skills for which no specialized education is needed; hence people in rural areas can perform such tasks without undertaking any formal education.

–                   Since the international furniture industry offers a wide range of products therefore it provides a great many employment opportunities to a large number of people in diverse ways.

–                   Consumer expectations and behavior play a crucial role in determining the direction of the furniture industry. This is perhaps the reason behind the demand for varied furniture products across different geographical regions.

This is just a sample term paper for marketing purposes. If you want to order term papers, essays, research papers, dissertations, case study, book reports, reviews etc. Please access the order form.

 

See also

...

A+ papers are what we do the best, and that’s our promise!

We believe our success is due to countless of satisfied customers who continue to trust us and cherish this professional relationship. Our custom term papers are guaranteed to be original and delivered before the deadline.

  • Countless students worldwide are satisfied with our professional writing services.
  • Professionally written custom paper according to your specific instructions.
  • We offer the most experienced bank of dependable and capable academic writers.
  • All assignments are thoroughly researched and 100% guaranteed as original.
  • 100% privacy guaranteed – your private information is strictly confidential.
  • Dedicated 24/7 friendly support team, always available to assist you.

Please order Essay, Term paper, Dissertation, Book Report, Case Study, Article critique, Creative Writing, Critical Thinking, Homework, Presentations, Projects, Thesis and etc.

...