ZARA CASE 1. Which theory is the best representative of Zara’s (Index’s) internationalization? Zara has applied the Uppsala internationalization model to their strategy‚ and even more than that. This theory shows that international activities require both general knowledge and market-specific knowledge. Therefore‚ the more understanding the company has in a specific market‚ the more value and succeed they can create. That is also exactly what Zara applied to their internationalization strategy during
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1. How would you describe Zara’s financial performance? Since only Inditex historical financials are shown in the case‚ we took the financials of Inditex to describe Zara’s financial performance. It is reasonable to take Inditex financial data because Zara made up 76% of Inditex’s sales in 2001. Zara (Inditex) Financial Performance in 1996-2001 1996 1997 1998 1999 2000 2001 Liquidity Ratio (current ratio) 0.81 1.00 0.88 0.87 0.90 1.02 Leverage Ratio (debt/ equity) 1.98 1.84 1
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part of life. The issue is how we manage these imperfections so that they do not dictate us. Setbacks and weaknesses can be robust stepping stones that lead to growth and maturity. However‚ utmost care should be taken while mentioning our weaknesses in our application so that we do not inadvertently present ourself in poor light. As we know that nobody is 100% perfect in the world. Each and every individual has some weakness‚ so as I. My weaknesses hinder my abilities and are flaws in my personality
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In “Diversity Challenges-What Would You Do?” (Learning Communications‚ 2009)‚ an organization interviewed prospective employee Felix. While Felix immediately hit it off with the human resources associate‚ it soon became apparent that he was not accustomed to the level of diversity in the organization. His overt shock and multicultural leadership in addition to his nonverbal response to various other diversity characteristics present in the workforce indicated that Felix had an issue with working
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Pestle Analysis of Zara SOE11108 Sources of Competitive Advantage Assessment 1 Group Presentation PESTEL – Analysis [pic] Contents 1 Introduction 3 2 Overview 3 3 Business Environment 3 4 Political 4 5 Economic 4 6 Social 5 7 Technological 6 8 Environmental 6 9 Legislative 8 10 Conclusion 8 References 9 Introduction The global apparel market is a consumer-driven industry. Also‚ globalization and new technologies have allowed consumers to have more access to fashion. As a result
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Porter’s Five Forces The Porter’s Five Forces model is an “outside looking in” business unit strategy tool that is used to make an analysis of the attractiveness or value of an industry structure. The Competitive Forces analysis is made by the identification of 5 fundamental competitive forces: • The entry of competitors (how easy or difficult is it for new entrants to start to compete‚ which barriers do exist) • The threat of substitutes (how easy can our product or service be substituted‚ especially
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PLANETA ZARA | Production Management | Sara Landa Gonzalez | TABLE OF CONTENTS 1. Inditex Group …………………………………………………………………...2 1.1 Strategies …………………………………………………………………...2 1 Zara …………………………………………………………………...3 2.2 Business Model …………………………………………………………...3 2.3 Competitive advantage …………………………………………………...3 2.4.1 Short lead time …………………………………………………...4 2.4.2 Lower quantities …………………………………………………...4 2.4.3 More styles …………………………………………………………
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Q.1) what do you understand by social groups? (Define‚ describe and discuss) Ans.- “A group is a set of people engaged in frequent interaction; they identify with one another; they are defined by others as a group’ they share values‚ beliefs and norms about areas of common interest; they define themselves as a group; they come together to work on common tasks and for agreed purposes” Any physical collection of people regardless of the size who share a common interest and works
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students. I am emphasizing this point because some teachers do not seem to feel the slightest obligation to do their job well nor the slightest feeling of guilt when their students fail in the examinations. In fact‚ in my school‚ teachers are sometimes found sipping coffee or even having a snack in the school canteen when they are supposed to be in class teaching. Of course‚ there are teachers who are truly committed to their job and do deliver the goods. They stay up late into the night to finish
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How do I see myself five years from now? By year 2018‚ instead of being an astronaut which I cannot fail to remember as my ambition when I was little just like any other kid of my age‚ I shall have been an alumnus of CvSU getting my certificate in electrical technology. I also see myself in the corporate world applying the skills and knowledge I have in my chosen field and along with the stable job I have is the wellbeing of my family. In the first place‚ who would not want to help their family
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