Question

similarities and differences between The American Global Cultural Brand” and mitumba market

Answer 1

Similarities between The American Global Cultural Brand and Mitumba Market

• Both the cultural markets are trendy and famous all over the world which includes a lot fashionable trends. According to survey, global brands are stronger than the local ones and they received higher scores for providing and setting trends. These are well recognized brands and cultural identities which are globally famous.

Both the American global culture brands and mitumba market are famous for enhancement of trends globally.

• Both believes in great globalization, consumerism and recycling the goods and trends. This provides good network trading around the world. The different techniques and innovations make them internationally high ranking. The markets are handling the demand and supply globally and domestically. The products which are sold in the American cultural brand market could also belong to another country. And this helps to increase globalization. Some brands are imported from another countries and supported in another country.

• Also, both the markets are promoting consumerism. This means that the focus is not on only earing the profits but also to provide products and trends at affordable rate. These markets are also called Fast Market.

Differences between the American global cultural brand and mitumba market

• The American global cultural brand involves various brands which are globally famous like coca cola, Mc donalds, blue jeans by franchising. There are large number of franchise of such brands around the world which are basically belongs to American brand culture. These brands are famous for their quality, features, techniques, taste etc which are not the same in every country. Whereas, mitumba clothing market develops in various countries which are having goodwill industries. the clothing is transported to Africa and other main countries.

• The main difference is that the American brand industries are mainly private and profitable organization. whereas, mitumba markets are non-profit organisations and highly depends on the donations.

• Also, mitumba market faces a lot of criticism by the people due to second-hand clothing market and survives with difficulties. But the American brand market is generally famous for the high quality market and clothing.