were traded in exchange for European fine arts. Subsequently the barter system was introduced at the national level in many countries. However‚ as the trade market increased internationally‚ there needed to be a common exchange system that would be accepted by all trading countries. Gold was the demand and as such many countries accepted it as a common medium of exchange. Despite it acceptance on in the international market‚ many times there were discontentment between trade members as it was
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CASE 3.4 Continued Growth for Zara and Inditex CIRCA 2008 ARTEIXO‚ Spain¡ªZara stores have set the pace for retailers around the world in making and shipping trendy clothing. Now Pablo Isla‚ chief executive of parent company Inditex SA‚ says Zara needs to speed up. As rivals catch up‚ Mr. Isla is attempting one of the fastest global expansions the fashion world has ever seen‚ opening hundreds of new stores and entering new markets. To do that‚ as an economic downturn threatens
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THE 7 QC TOOLS 1 Introduction The 7 QC Tools are simple statistical tools used for problem solving. These tools were either developed in Japan or introduced to Japan by the Quality Gurus such as Deming and Juran. In terms of importance‚ these are the most useful. Kaoru Ishikawa has stated that these 7 tools can be used to solve 95 percent of all problems. These tools have been the foundation of Japan’s astomishing industrial resurgence after the second world war. The following are the
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transfer of power to the supranational level. In a bid to discuss on this question “how correct is the view that the emergence of international organisations contributed to the waning sovereignty of states” you will agree with me that it is pertinent to have 1|P a ge a brief but detailed understanding of the key words such as sovereignty‚ states‚ international organisations. Definition of state Etymologically the state started to exist or emerge in the 15th century and because of the agreements
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DHL‚ A leader in logistics Presented by SNEHA TIWARI ROLL NO-60 INTRODUCTION DHL is the global market leader in international express‚ overland transport and air freight. It is also the world’s number 1 in ocean freight and contract logistics. DHL offers a full range of customized solutions - from express document shipping to supply chain management. In the logistics area‚ globalization is creating ever more complex supply chains. It also offers a wide range
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Comparison of Zara and Benetton Supply Chains REPORT Master Supply Chain and Purchasing Management (MSCP) Date 11.02.2010 Outline I. Supply Chain strategy 3 II. Supply Chain structure 5 III. Supply Chain processes 6 IV. Supply Chain management practices 7 V. Supply Chain performance 8 VI. Strengths and weaknesses 9 Bibliography 10 Appendix 11 I. Supply Chain strategy The purpose of this report is to compare the supply chains of Zara and Benetton‚ two global players of
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Introduction: Containerization is a system of intermodal cargo transport using standard containers that can be loaded on container ships‚ freight train wagons‚ and trucks. with the high seepd of the economic increase rate‚logistics industry is going to more prosperous. History: From the late 18 th century container in British coal mining area has its origins. In 1795 Bejamin OuNa open which is built in his coal Butterley iron works of the little van Eaton ramp. horse-drawn round on the ramp‚ coal
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ZARA: THE TECHNOLOGY GIANT OF THE FASHION WORLD 2010 BACKGROUND Zara brand is the flagship chain store of Inditex Group; the Inditex Group is integrated by: ZARA‚ OYSHO‚ UTERQÜE‚ BERSHKA‚ STRADIVARIUS‚ MASSIMO DUTTI‚ and PULL AND BEAR. The owner of Inditex Group is the tycoon Amancio Ortega‚ the group headquarter is located on Coruña‚ Galicia‚ Spain‚ this was the place where the first Zara store opened in 1975. Zara has resisted the industry-wide trend towards transferring fast fashion production
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Zara’s Case Study Company Profile Zara is one of the largest international fashion companies with 1671 stores around the globe. It is a part of Inditex holding. Inditex is one of the world’s largest fashion retailers‚ welcoming shoppers at its eight store formats -Zara‚ Pull & Bear‚ Massimo Dutti‚ Bershka‚ Stradivarius‚ Oysho‚ Zara Home and Uterqüe - boasting 5.693 stores in 85 markets [www.inditex.com]‚ [www.zara.com]. In 1975 the first Zara shop was founded in Spain. In 1976-1984 In-Spain
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to a regional medical center because they didn’t plan ahead. 2. What could be the SODs expected of a company selling tractors? 3. The marketing manager of Growmore Fertilisers is looking for companies for developing a horizontal marketing system together. Suggest him companies which most suitably meet his needs. 4. Explain how the shopping characteristics for the following consumer and industrial goods affect the channels for them: Consumer Goods Industrial Goods Bread Computer
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