The name of the shoe implies a connection, even though none exists. This seems blatantly unfair to the Masai as creators.
Dwumfour says that the Swiss company does support charities that contribute to the tribe's well-being, but giving charity to an impoverished tribe is not the same thing as treating the tribe members like full business partners, with a continuing relationship with the company. Charity can always be withdrawn, versus having a direct interest in the business, with mandatory royalties. The Masai cannot bring suit against the company for copyright infringement, thus they are fair game to be exploited by marketers from Europe.
However, interviews with Masai tribesmen suggest that tribe members are not particularly upset by this relationship. Some said they were flattered by the recognition given to the people. "I'm glad that the manufacturers are acknowledging the Masai as the basis for the technology. I don't really feel exploited but I think the manufacturer's part of their Corporate Social Responsibility should find a way to involve Masai communities somehow - though I do know that this is easier said than done," said one Masai in an interview. It is possible that tribe members are rationalize that they could not actually manufacture the shoes themselves. Receiving recognition and support from the company, and increasing awareness about the tribe is the best they can hope from...
Behavioral Finance and Human Interaction a Study of the Decision-Making Processes Impacting Financial Markets Understanding the Stock Market Contrasting Financial Theories Flaws of the Efficient Market Hypothesis Financial Bubbles and Chaos The stock market's dominant theory, the efficient market hypothesis (EMH) has been greatly criticized recently for its failure to account for human errors, heuristic bias, use of misinformation, psychological tendencies, in determining future expected performance and obtainable profits. Existing evidence indicates that past confidence in the
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now