Vertical Integration vs Outsourcing of Zara Written by Mohd Rahman October 04‚ 2014 “The original business idea was very simple. Link customer demand to manufacturing‚ and link manufacturing to distribution. That is the idea we still live by” -- Jose Maria Castellano Rios‚ Inditex CEO. 1 Introduction to Zara Zara is an icon in the fashion world and largest international fashion designing and manufacturing company. Zara is the flagship chain store of Inditex Group owned by Spanish
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Philip Andersen Questions Assume that one of Philip’s clients is a married man‚ aged 36 with two young children‚ who wishes to reallocate a significant portion of his retirement funds that are currently invested in certificates of deposit. Philip recommends a growth investment‚ and he identifies the three representative possibilities shown in Table A. Table A Three Investment Alternatives Alternative A Alternative B Alternative C Investment Growth fund from a large investment company
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Due to the complexity of corporate financial statements‚ the prospect of deciphering meaningful insight can be a daunting task (thevalueatrisk.blogspot.com‚ 2009). A relatively effective process exists known as Vertical Analysis. The premise of Vertical Analysis is to create common-size financial statements‚ where all balance sheet and income statement items are converted into percentage terms for purposes of comparison. Using vertical analysis‚ comparisons can be made between firms regardless of
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Media and the Evolution of Corporate Communications by Laura Matthews — 17 Social Media and the Evolution of Corporate Communications Laura Matthews* Senior majoring in Corporate Communications Elon University Abstract Social media has revolutionized corporate communications‚ rapidly changing the way that public relations campaigns or programs are distributed and measured. Rather than the traditional method of pure output‚ social media has forced corporate communications to shift to a dialogue
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Case 4: Philips versus Matsushita: A New Century‚ a New Round Steve Kotarski MGT380 – Dr. Tang Case Synopsis Two major competitors in the global consumer electronics industry‚ Philips of the Netherlands and Matsushita of Japan‚ both have extensive histories that can be traced back more than a century. They have each followed different strategies and have had significant capabilities and downfalls along the way. In general‚ Philips built its tenured success on a portfolio of responsive
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I choose Legend by Philip Guston for my visual description; Legend is one of the important paintings by Philip Guston‚ a Canadian born American in 1977. Painting medium is Oil on Canvas and movement is abstract expressionism. Its dimensions are 69 inches tall and 78.5 inches wide and its accession number is 88.35. Painting is currently located at Museum of Fine Arts‚ Houston. Philip was one of the legends of Abstract Expressionism‚ in late sixties Philip changed his style which made him
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Stories and Change “It is said that our most evocative sense is the sense of smell‚ and after the names of the villages and the numbers and the dates have grown dim in your memory‚ the thing you can never forget about a battlefield is the smell.” – Philip Caputo The most evocative of senses‚ smell‚ keeps war alive in the minds of soldiers and those around them‚ and the smell of war is never a good one. It tramples over every fiber of one’s being‚ screaming that all the surroundings are evil and
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Courage of Philip Fonsworth Alexis Fonsworth Kaplan University The Courage of Philip Fonsworth My protector‚ Philip Fonsworth went into the Army to fight for the freedoms that we currently have in present day and often take for granted. Philip was stationed in multiple places that forced him to remain uncomfortable‚ but in Korea the dramatic anger forced upon Americans was unbearable. Some people find it hard to utilize their inner strengths and over power their weaknesses
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ADVANTAGES OF VERTICAL INTEGRATION It leads to reduction of transportation costs as the common ownership results in closer geographic proximity. The transaction costs can be controlled if a firm acquires the other firms in the vertical chain‚ then one division of the same company will transfer goods to other divisions. So‚ transaction costs in form of transport‚ cost of negotiation‚ cost of control etc. will be eliminated. The overall average cost of the firm will decrease because if the divisions
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Philip Malloy is a track-obsessed ninth grader at Harrison High School in Harrison‚ New Hampshire. He has an English teacher‚ Margaret Narwin‚ and is doing very poorly in her class; he is given a D for his grade and is not allowed to try out for the track team. He does not tell this to his parents‚ and instead pretends that he no longer has an interest in trying out for the track team. Philip causes many distractions in Narwin ’s class such as humming the national anthem. Eventually he is suspended
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