Over the past few years, a number of scientific innovations have augmented alternatives. While there are limited options for certain items, others have way range of choices. I partially favor the argument, and in this essay I will support my view with examples.
Firstly, one of the major factors for increased options is due to scientific innovations. This is due to the fact that many firms have continiously expended their resources to discover novel things, and this often helps them financially. To illustrate, a lot of organizations have come up with many products with variations in prices and quality; also, most of them have emphasized on revolutionalizing their items. Similarly, they have also introduced varieties due to the existing problem. For example, Apple introduced the new iphone with alluring features in an effort to mitigate challenges involved in carrying bulky phones, which relied on bottons.
However, some items have limited surrogates. Lets take an example of some luxurious cars, which are produced in the limited number, and this in turn raises its value. This is because by producing commodities with a countable range, a company can raise its brand value and equity. Simiarly, companies also barricade substitues to hedge against its risk. This happens because a new company with similar products might threaten existing companies, so they go for patient and copyright act. For instance, Apple fined its competitor Samsung for imitating its features and design under patient right; in fact, Samsung had to pay a huge sum of money for these conducts.
In conclusion, although there are myraids of choices due to innovations and problem identifications, we must also take into conderation measures taken by companies to prevent counterfeiting their products and motives of raising brand equity and value. Thus, I partially agree with the choices available nowadays.
Over the past few years, a number of scientific innovations have augmented alternatives. While there
are limited
options for certain items, others have way range of choices. I
partially
favor the argument, and in this essay I will support my view with examples.
Firstly
, one of the major factors for increased options is
due
to scientific innovations. This is
due
to the fact that
many
firms have
continiously
expended their resources to discover novel things, and this
often
helps
them
financially
. To illustrate,
a lot of
organizations have
come
up with
many
products with variations in prices and quality;
also
, most of them have emphasized on
revolutionalizing
their items.
Similarly
, they have
also
introduced varieties
due
to the existing problem.
For example
, Apple introduced the new
iphone
with alluring features in an effort to mitigate challenges involved in carrying bulky phones, which relied on
bottons
.
However
,
some
items have limited surrogates.
Lets
take an example of
some
luxurious cars, which
are produced
in the limited number, and this in turn raises its value. This is
because
by producing commodities with a countable range, a
company
can raise its brand value and equity.
Simiarly
,
companies
also
barricade
substitues
to hedge against its
risk
. This happens
because
a new
company
with similar products might threaten existing
companies
,
so
they go for patient and copyright act.
For instance
, Apple fined its competitor Samsung for imitating its features and design under patient right; in fact, Samsung had to pay a huge sum of money for these conducts.
In conclusion
, although there are
myraids
of choices
due
to innovations and problem identifications, we
must
also
take into
conderation
measures taken by
companies
to
prevent
counterfeiting their products and motives of raising brand equity and value.
Thus
, I
partially
agree
with the choices available nowadays.