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However, they also feel the need of strict laws which can prevent counterfeiting. Nevertheless, a joint effort has been made by FICCI and the leading FMCG companies to bring all companies together to initiate a war against such menace. It is a Brand Protection Committee BPC with the objectives to combat the commercial theft since large number of factors goes into a brand building, unscrupulous persons pocketing something which belongs to someone else and also piggybacking on someone elses reputation and to bring awareness amongst society since these counterfeit products deceive the gullible consumers. However these steps are not enough to stop counterfeiting, Indian Government and other statutory bodies should take active interest for the protection of legitimate business and provide whole hearted support to the industry at large. Author is a HOD, Department of Business and Technology at Pearl Academy of Fashion, with more than 18 years of experience in industry and academics in India and abroad. The article has been drafted on the basis of researched project done by her student of PG Diploma in Fashion Merchandising Ms. Harpreet Kaur of 2008 2010 batch. As diamonds are the best friend of women, as is the case of pearl jewelry. Known to be constructed from glass elements hexagonal aragonite calcium carbonate, found in greater use in different parts of the world. Clams, oysters and mussels are some creatures that are widely known to be the source actually form. Usually available in white, but that does not mean that all the beans are white.

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Replace dangerous sharks with dangerous cities or dangerous vacation spots and you can easily see how your picture of a certain location might be skewed based on the experiences of survivors. We cant be afraid of a tale if no one lives to tell it. More survivors can make something seem more dangerous rather than less dangerous because the volume of stories makes them more memorable. If fewer people survived shark attacks we wouldnt have survivor stories influencing our perception about how dangerous sharks are. In all likelihood we would attribute some of the ocean deaths to other causes, like drowning, because it wouldnt occur to us that sharks could be responsible. Understanding survivorship bias prompts us to look for the stories of those who werent successful. A lack of visible survivors with memorable stories might mean we view other fields as far safer and easier than they are. For example, a field of business where people who experience failures go on to do other things might seem riskier than one where people who fail are too ashamed to talk about it. The failure of tech start ups sometimes feels like daily news. We dont often, however, hear about the real estate agent who has trouble making sales or who keeps getting outbid on offers. Nor do we hear much about architects who design terrible houses or construction companies who dont complete projects.

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