answering challenge questions answering challenge questions [SECTION TITLE] 1 2 CONTENTS Practical experience requirements (PER) 4 challenge questions 5 sample answers 01 Demonstrate the application of professional ethics‚ values and judgement 6 03 Raise awareness of non-financial risk 7 04 Manage self 8 05 Communicate effectively 10 08 Improve departmental performance 12 10 Prepare financial statements for external purposes 13 13 Contribute to budget
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1. a. Core competencies of Inditex Inditex’s infrastructure The six retailing chains: Zara‚ Bershka‚ Massimo Dutti‚ Pull and Bear‚ Stradivarius and Oysho were organized as separate business units‚ responsible for their own business strategies‚ product design and other activities. Nonetheless‚ coordination across the chains increased an expansion power of Inditex as the Group and induced the management to open some multichain locations (Gnemawat & Nueno‚ p. 8‚ 2006). Visionary management The founder
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CASO: ZARA IT FOR FAST FASHION L OS P ROBLEMAS • Existe una indecisión por parte de los encargados en el área de sistemas en la empresa ya que hay diferentes puntos de vista sobre si se mantiene el sistema actual de ventas o se implementa uno nuevo. A continuación se mencionan algunos de estos puntos de vista. En caso de dejar el sistema actual: o Se utilizara tecnología obsoleta en las tiendas‚ la cual puede llegar a perder el soporte técnico ya que el único proveedor de esta tecnología puede
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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
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Apple Computer‚ Inc. Frances Woodyard Jacinta Acquay BUS 499 - Business Administration Capstone 1/29/2012 Describe the strategic challenges facing Apple Computer. The fast pace of technological change and competition are the challenges that Apple Computer is facing. Its strategic moves into communication devices and portable devices for downloading music and movies the company is in stiff competition from all venues. With no entry barrier in this business Apple has competitors‚ with lower priced
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Introduction Horticultural deals in growing of fruits‚ vegetables and flowers while horticultural commodities have been growing in Kenya since 1950`s‚ the government only began to allocate resources for research and export promotion in late 1960`s. as a result of the government encouragement the volume of horticultural exports from Kenya rose almost 25 fold between 1968-1986‚ becoming a major source of foreign exchange. The horticultural export sector has experienced rapid growth since 1966 because
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------------------------------------------------- Zara: responsive‚ high speed‚ affordable fashion ------------------------------------------------- Strategic Management Prof Dr Peter Verhezen Quynh Lan Nguyen Engaging in irregularities is severely sanctioned in correspondence with article 34 of the Examination rules. We hereby declare that we have not engaged in any such irregularities. Student(s)’s signature(s) Table of contents Introduction 2 Challenges 2 Industry competition 3 Positioning
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Challenges Facing Global Managers Challenges that managers will face in the future may not only be with their existing local management responsibilities‚ but will probably include managing business abroad. Not only will change in the structure of the organization will occur‚ but also the roles and responsibilities of people within the organizations. The form of change which will be applied depends on many factors such as management‚ skills and expertise‚ and resources. The companies might focus
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Economic challenges facing UK business Ipsos MORI SURVEY – NOVEMBER 2011 Methodology 122 structured telephone interviews of approximately 15 minutes conducted between 6th October and 4th November 2011 Survey sample Sample by sector Manufacturing Where is the location of your head office? 15% 22% Construction Financial services 15% 9% 15% 34% UK Retail‚ transport & distribution Non-financial services Other 66% Outside the UK 24% Sample by global revenue
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CONTENTS INTRODUCTION 2 OVERVIEW OF THE CHALLENGES FACING EASTERN FOODS 3 HUMAN RESOURCE MANAGEMENT (HRM) 3 ACCOUNTING 3 MARKETING 3 OPERATIONS MANAGEMENT 4 THE TWO MOST PROBLEMATIC AREAS AND THEIR SOLUTIONS 4 FIRST AREA: HRM 4 SECOND AREA: MARKETING DEPARTMENT 5 RECOMMENDATIONS 5 FIRST SOLUTION 5 SECOND SOLUTION 6 CONCLUSION 7 REFERENCES 8 Introduction We have been assigned to complete building construction for Eastern Foods Company with the limited period. In addition to this‚ we have
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