Business Plan Evaluation: Zara Restaurant & Lounge (Revision) After completing my first evaluation of Zara’s business plan I could not help but feel that I had missed something in my analysis. It was over the next week that I realized that I had failed to thoroughly evaluate the plan. At a glance‚ I thought the Zara concept was intriguing and as a bonus‚ aligned with my own dream to open a restaurant. I wanted to believe in the plan so much that I missed its weaknesses. Having time to review
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Zara expansion in China ZARA Zara is the flagship chain store of Inditex Group owned in Spanish. Inditex takes a step forward in its expansion in China. Zara opened its first store in this country in May 2004 at the IFC mall‚ Hong Kong‚ where it now has five stores. In February 2006 the first store was launched in Shanghai‚ in Nanjing Xi Lu‚ followed by a second one in this city located at Times Square mall. In February 2007 The Inditex Group already opened its first Zara store in Beijing‚ located
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which plays homage to customer values. This paper also analyzes methods used by fast fashion leader‚ the Spanish‚ Inditex owned Zara. A closer look at Zara’s supply chain‚ market responsiveness‚ flexibility‚ technology‚ pricing and costs strategies and methods are examined and compared to other fast fashion retailers that can appropriately be deemed as competition for Zara. Also‚ globalization and other operational strategies are discussed that all come together to show the remarkable success of the
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References: 1. Jim Riley‚ 23 September 2012‚ Competitive Advantage http://www.tutor2u.net/business/strategy/competitive_advantage.htm 2. Market Entry Strategy: Case Study of Zara Internationalization in China http://ivythesis.typepad.com/term_paper_topics/2009/11/market-entry-strategy-case-study-zara-internationalisation-in-china.html 3. Zara Official Website http://www.zara.com/webapp/wcs/stores/servlet/home/hk/zt/
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The philosophers Zara Yacob‚ a seventeenth-century Ethiopian philosopher‚ and René Descartes‚ a seventeenth-century French philosopher‚ mathematician‚ and scientist‚ were two very important religious intellectuals of their time. Yacob and Descartes were similar in many ways despite never meeting but also differed considerably in that they both believed in God but arrived at that conclusion in very different ways. They also had profoundly different ways of thinking. The two extraordinary philosophers
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level of satisfaction on components of SERVQUAL model and marketing mix (7Ps) with regard to Thailand’s hotel industry. The study used quantitative research method. Questionnaire survey was the tool used to collect primary data from 400 guests of hotels in CBD zone in Bangkok. The study found impressive results for the Thai hotel sector. Overall‚ international tourists are satisfied with all components of SERVQUAL and 7Ps. They are satisfied with price of services‚ hotel’sproduct (reputation
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oriented on people who not willing to spend a lot of money however in love with fashion and instead of selling them two standard collections per year making them come back to shop and buy clothes every two weeks as collection changes and rarely repeated. Zara‚ H&M and Benetton are three of the most major fast fashion brands‚ however some of their steps from the “supplier of raw materials to the end-customer” in this case these steps are designing‚ manufacturing‚ distribution and retailing not always same
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CASE STUDIES CASE: Tom’s of Maine: “Doing Business” Means “Doing Good” Questions: 1. Does the Tom’s of Maine experience prove that one can “do business with principles‚” or are there business realities that make it hard for others to copy this principled management model? Yes‚ because what Tom’s of Maine did is that they made their employees appreciate and apply the principles that Tom and Kate believed in. Despite some of the mistakes that they did‚ they were not afraid to try
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Zara Case: Vertical integration and outsourcing 1. How is Zara organized with respect to its vertical integration and outsourcing decisions? What governance structure does it appear to follow? Support your conclusions with reference to details of the Zara case and the Ferdows reading. Answer: Very well organized to facilitate its strategic competency: speed and flexibility. Decentralized governance structure fully supports the company core competency. The above supply chain mapping
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What are the company’s competitive advantages? Zara is ‘fast fashion’. In order to proof this statement we are taking a look at different components where we can see their competitive advantages. Design The designers go to fashion shows‚ they develop sketches and while they select fabrics‚ the price of each product is already determined. The collection has to arrive in the stores at the start of the selling season. In order to keep up with the trends they not only look at the sales data but they
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