Aalborg University BSc Economics and Business Administration 2012 October 24BSc Economics and Business Administration Mini Project The ZARA Case Study in Economics and The Organisation of Economic Activity The report has been prepared by: Inga Dragunaite ___________________________________ Justina Vaidziulyte ___________________________________ Kristina Kirilova ___________________________________ Aleksandar Varbanov
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Zara: IT for Fast Fashion On a beautiful August night in 2003‚ Xan Salgado Badas and Bruno Sanchez Ocampo settled into seats at their favorite tapas bar in the Spanish city of La Corufia‚ ordered pulpo gallego (octopus Galician style)‚ and resumed their argument. Salgado was the head of IT for lnditex‚ a multinational clothing retailer and manufacturer headquartered in La Corufia
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socialism. These are really the only two options for government in a country. Even interventionism falls under one of the two even though people say it is its own category. Capitalism and socialism are on opposite ends of the spectrum‚ and one is better than the other. While both of these types of governments have good intentions‚ only one of them delivers‚ and socialism is not it. Socialism is all about equality‚ and socialists even promise equality to the people. Sadly‚ that is impossible to have
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Prevention is better that cure. A young man sometimes handles a razor blade carelessly‚ cuts his finger‚ allows the cut to go septic and‚ when the pain is unbearable‚ consult a doctor. The doctor prescribes a prolonged and costly treatment. Would it not have been better for him to have taken due precaution while using the blade? We can always protect ourselves against common ailments and diseases with proper precautionary‚ preventive measure.But very often‚ something within us makes us ignore the
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“Health” and “wealth”‚ with just a letter different‚ makes a very different meaning. One means the rich in body and mind‚ which is priceless while the other means the rich in material‚ which is earnable. Apparently‚ health is better than wealth. As a healthy people‚ we are able to do our daily activities like wash-up‚ take meals‚ dress up by ourselves easily without rely on others help. However‚ if we are wealthy but unhealthy‚ we will have to depend on our wealth to employ someone to
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Throughout Greek history‚ there have been many interesting city-states. Two very important poleis are Athens and Sparta. After studying these poleis it is clear that Athens is the better polis because of its government‚ education‚ and society. The government in Athens was better then Sparta’s government. After laws were written down and enforced‚ power was divided equally in Athens government. In Sparta "the ephors had unlimited power to act as guardians of the state‚ and they used that power freely
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Success Factors of ZARA 10 1. Fast Production 10 2. Use of Information Technology. 11 3. lower inventory 12 4. A centralized distribution system 12 5. Suppliers 12 IV. Issues and recommendations 13 1. Issues and Challenges: 14 2. Solutions& Recommendations: 16 V. Implementation and Road Map: 18 VI. Conclusion 20 VII. References: 21 I. INTRODUCTION 1. Company Background Zara is a Spanish brand of clothing founded by Amancio Ortega Gaona and Rosalia Mera in Artexio‚ Galicia. Zara was founded in
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CNN.com - Zara‚ a Spanish success story - June 15 2001 http://edition.cnn.com/BUSINESS/programs/yourbus... MAINPAGE EUROPE WORLD WEATHER BUSINESS markets market data technology tech markets currencies biz international SCI-TECH ENTERTAINMENT IN-DEPTH NEWS BRIEF SPORT Zara‚ a Spanish success * story June 15‚ 2001 Posted: 4:37 AM EDT (0837 GMT) Your Business Your World Success without sweatshops • Zara does things differently LONDON‚ England (CNN) -- In an era when clothing retailers
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Topshop Market According to Mintel (August 2003)‚ UK consumers keep on spending on clothes‚ even when they are cutting back in other areas‚ with total consumer expenditure on clothing in the UK reaching £34‚825 million in 2002 - a 25.3% increase compared to 1998. This exceeds the growth of total consumer expenditure in the UK over the same period. Although the rate of year-on-year sales growth slowed slightly in 2003 as the consumer boom of 2000 and 2001 cooled‚ the slowdown in fashion retailing
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Prevention is Better than Cure Document Transcript • 1. Prevention is Better than CureWhen it comes to fires in the home‚ most of us are of the opinion that it will never happen in ourhomes – if this is your way of thinking‚ you couldn’t be more wrong. Imagine getting home fromwork one day and finding a fire engine in your driveway – this happened to me once and‚ believeme‚ it is not a good feeling.Using a Smoke DetectorStudies have shown that the majority of serious household fires could have
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