T.K.Maxx and Zara are very different retailers in the fashion industry. Whilst one offers low cost designer labels the other retails quality own-brand labelled clothes at a reasonable price. Zara sets itself apart from the giant market place by celebrating its motive to offer exactly what the customer wants‚ going to detective levels to make sure they understand their audience’s wishes. T.K.Maxx on the other-hand distinguishes itself by reducing prices of designer labels by up to 60%‚ and these are
Premium Customer Customer service Retailing
Page 1 of 2 ASSIGNMENT 1ST SEMESTER : STRATEGIC MANAGEMENT (STRM) BUSINESS MANAGEMENT 3 (BM303) CHAPTERS COVERED : CHAPTERS 1 - 5 DUE DATE : 3:00 p.m. 18 MARCH 2014 TOTAL MARKS : 100 CASE STUDY : ZARA CLOTHING INSTRUCTIONS TO CANDIDATES FOR COMPLETING AND SUBMITTING ASSIGNMENTS The complete ‘Instructions to Students for Completing and Submitting Assignments’ must be collected from any IMM GSM office‚ the relevant IMM GSM recognised Additional Tuition
Premium Management Question Gospel of Mark
Identification of Issues: Top management at Inditex‚ Zara’s parent company‚ must make the decision whether or not to upgrade the current IT system that they utilize‚ specifically their Point of Sales (POS) terminals in which they utilize in all their stores. Currently‚ the system that they use is based on a DOS operating system. In comparison to current technologies‚ DOS based applications are considered to be antiquated‚ although still in use by some organizations. Zara’s terminal vendor has assured
Premium Decision making Management Strategy
Gore and Associates Management Approach Group Paper - Paris Team: Tatinisha Anderson‚ Josevelt Barnes‚ Yolanda Bean‚ Anthony Bliss‚ & Trudy Buckmann University of Maryland University College December 7‚ 2013 Turnitin Score: 6% Abstract This paper discusses the management approach utilized by Gore and Associates‚ a mid-sized U.S. organization consisting of over nine thousand employees dispersed locally and worldwide. Although a mid-sized company‚ Gore and Associates have instituted a small
Premium Organization Management Organizational studies
University College London The Bartlett School of Construction & Project Management MSc Project Enterprise and Management 2012-2013 TERM PAPER BENVGPM1 PROJECT MANAGEMENT “All projects need simple processes in place to monitor and control cost‚ progress and quality. It is argued‚ however‚ that projects involving innovation and complexity‚ almost regardless of size‚ need a “systems approach” to project management.” Sokratis Avenidis SN: 110075446 S.Avenidis.12@ucl.ac.uk Table of Contents
Premium Management Project management Construction
company on quarterly earnings - there "Companies that have is no real other credible piece of informastrong brands have an tion for them. That focus on quarterly earnalternative to competings almost always gets translated into ing on price and management thinking and process. Stratespecifications." gists and planners have become experts at managing short-term financials and designing cost and sales programs‚ instead of learning how to better build and manage assets that will pay off in the future
Premium Brand Brand management Advertising
How well does Zara perform compare to its competitors? In order to see how well Zara perform compare to its competitors‚ we need to analyze a few financial ratios: Gross Profit Margin‚ Net Profit Margin‚ Net Working Capital‚ Net Working Capital Turnover‚ Return on book value of Assets‚ Return on book value of Equity‚ Return on Fixed Assets and Total Debt Ratio. Gross Profit Margin is financial metric used to assess a firm’s financial health by revealing the proportion of money left over from
Premium Inventory Generally Accepted Accounting Principles Financial ratios
INTERNATIONAL MARKETING SCHOOL YEAR 2014/2015 INDIVIDUAL ASSIGNMENT 1. What makes Zara different from other specialty apparel retailers? What are the main differences in the business models of Zara and H&M? Zara’s greatest strength and at the same time the difference from other specialty apparel retailers lies in its supply chain ‚ which allows Zara to turn over new styles in a fraction of the time ( three weeks ) it takes conventional retailers. It is interesting how the two leading fashion
Premium Marketing Product life cycle management
EXAMINATION PAPER OF INTERNATIONAL FINANCIAL MANAGEMENT Section A: Objective type Part One: 1). Foreign exchange market in India is relatively very Answer: b). Small 2). Balance of payment is a systematic record of all ___________ during a given period of time. Answer: c). Economic Transactions 3). Merchandise trade balance‚ services balance & balance on unilateral transfer are the part of _________ account. Answer: a). Current Account 4). Interest rate swaps can be explained
Premium Foreign exchange market Exchange rate
Introduction Zara has established itself successfully over the course of five years since the opening of its first retail store in Spain in 1975. We must now consider further opportunities of growth with a sole purpose of gaining further international recognition in order to maintain our mark as a top leader in the retail industry amidst the competition of the fashion industry. Across the region in Asia‚ Europe and Middle East‚ my choice of Zara’s next expansion to branch into is Hong Kong. This
Premium Retailing PEST analysis Management