Ford and Firestone’s Tire Recall: The Costliest Information Gap in History On August 9‚ 2000‚ Bridgestone/Firestone Inc. announced it would recall more than 6.5 million tires‚ most of which had been mounted as original equipment on Ford Motor Co. Explorers and other Ford light trucks. Bridgestone/Firestone had become the subject of an intense federal investigation of 46 deaths and more than 300 incidents where Firestone tires allegedly shredded on the highway. The Firestone tires affected were
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2005 annual report table of contents Letter From the Chairman Letter to Shareholders Gap Banana Republic Old Navy Forth & Towne Gap Inc. Direct Social Responsibility Financial Highlights Key Financial Statistics Gap Inc. Financials 1 2 6 7 8 9 10 11 12 13 14 letter from the chairman Fiscal 2005 was a year of progress as well as challenges. During a year where we had disappointing top line results‚ we still delivered solid earnings and focused on creating value for our shareholders by repurchasing
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Major ethical issues: • Gap Inc. is a multinational casual apparel chain retail store with “3000 supplier in 50 different countries”. The manufacturing environment‚ human right treatment and labour policy vary substantially among suppliers from substandard to appalling. • Gap Inc.’s customer were deceived to assume the products were “Made in USA”‚ under United States labour standards and human right policies; whilst‚ manufacturing factories were located in Saipan –a U.S. protectorate in Southeast
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commerce Executive Master of Business Administration (EMBA) programs GAP Strategic Audit Strategic Management Dr. Manal EL kordi Presented by : Khaled Abdel Aziem Mohamed shams Cohort 3 JAN 2013 STRATIGIC MANAGEMENT Page 1 INDEX Topic Page Word of honest………………………………………….…………………….3 Introduction to industry……………………………………………………4 About GAP ………………………………………………………………………..4 Current Status…………………………………………………………………..5 GAP Profile & Mission……………………………………………………….5 External Environment………………………………………………………
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Gap Inc. Case Analysis and Recommendations Micah Keith GBA 490 June 10‚ 2013 ------------------------------------------------- Table of Contents Recommendations & Justification………………………………………………………………...2 Appendix Dominant Economic Characteristics………………………………………………………3 Market Size and Growth Rate Number of Rivals Scope of Competitive Rivalry Product Innovation Demand-Supply Conditions Consumer Characteristics Pace of Technological Change Economies of Scale
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helps the company generate profit and extend market share. The discount retailer who is Target however does a go job; he competes on price with trendy and becomes the second large retailer in America. To compete with the challenge in the market‚ Gap Inc. reestablished a larger core of consumers who were brand loyalists. For instance‚ he created such higher end clothing lines as Banana Republic‚ Old Navy which targets price conscious’s consumers. In an industry where the right mix of product differentiation
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Case Analysis and Strategic Recommendations for GAP Inc.‚ Introduction The Gap was founded in 1969 by husband and wife Don and Dorris Fisher. It started in down town San Francisco as a Levis retailer who also sold records. From the beginning‚ the Fishers wanted the company to have a unique image. They wanted shopping for jeans to be a fun and easy experience as opposed to the difficult and unexciting experience that was present in the 1969 jeans industry. The Fisher’s
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prioritize on seizing and optimizing opportunities and prepare to counter and minimize the effect of potential threats. Gap Inc. It was the summer of 1969: Man took his first walk on the moon. Nearly 450‚000 people gathered in upstate New York to witness the historic Woodstock concert. And Doris and Don Fisher opened the first Gap store in San Francisco. Today‚ Gap Inc. is one of the world’s largest specialty retailers‚ with approximately 3‚100 stores and fiscal 2009 revenues of $14.2 billion
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Introduction: It was the year of 1969 when man has taken its first step toward the moon and “Doris and Don Fisher opened the first Gap store in US in San Francisco.” The fast change in style between teenagers and adult lead to formation of company name called “GAP”. From just a single store in 1969. Our Story Doris and Don Fisher opened the first Gap store in 1969. The reason was simple. Don couldn’t find a pair of jeans that fit. They never expected to transform retail. But they did
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1.0 – Understanding the GAP - GAP OVERVIEW - Since 1969‚ GAP has been filling closets with khakis‚ jeans and t-shirts and it was the iconic casual-wear brand built on basics for men‚ women and children. However‚ after 4 consecutive years of falling sales and fashion mis-steps‚ this retail icon has become the poster child for a titan that had lost touch with its core consumers. At the GAP‚ you could smell change coming like the shift from Summer to Fall and in early 2007 Paul Pressler‚ CEO
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