distributor‚ since 1985. Zara was originated on a simple business idea explained by the CEO of the company Jose Maria Castellano Rois who joined Inditex in 1997 that: Link customer demand to manufacturing‚ and link manufacturing to distribution. (McAfee‚ Dessain‚ & Sjoman‚ 2007) As a flagship chain store of the company‚ Zara plays a very important role in the Inditex Group. By 2003‚ Inditex has 1558 stores in 45 countries which nearly one third of them were part of the Zara Chain. For the fiscal
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Technology versus man is not only a theme found in literature‚ such as when the scientist‚ Frankenstein‚ created the monster who came alive and turned on the scientist‚ but is also a theme found in the real-life world of American economy. The Economist is a weekly newspaper focusing on politics and business news and opinion. It ran an article called “Into the Unknown” which put forth the idea that changes in technology that destroy jobs can also create new ones. The machine (created by man) will
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www.hbr.org Studies of corporate performance reveal a growing link between certain kinds of technology investments and intensifying competitiveness. Investing in the IT That Makes a Competitive Difference by Andrew McAfee and Erik Brynjolfsson Included with this full-text Harvard Business Review article: 1 Article Summary The Idea in Brief—the core idea The Idea in Practice—putting the idea to work 2 Investing in the IT That Makes a Competitive Difference 11 Further Reading A list of related materials
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O L . 5 1 N O. 3 Interview with Erik Brynjolfsson The Four Ways IT Is Revolutionizing Innovation Please note that gray areas reflect artwork that has been intentionally removed. The substantive content of the article appears as originally published. REPRINT NUMBER 51330 I T - D R I V E N I N N O VAT I O N The FourWays IT Is Revolutionizing Innovation MIT Sloan School of Management economist and digital business expert Erik Brynjolfsson tells how the rising data flood and the emerging
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References: Brynjolfsson‚ E. (2003). ROI valuation :The IT productivity gap. (21). Retrieved from http://ebusiness.mit.edu/erik/Optimize/pr_roi.html. Brynjolfsson‚ E.‚ & Brown‚ P. (2005). VII pillars of IT productivity. Optimize Manhasset.4(5)‚ 26-35.Retrived from http://www.georgeschussel.com/wpcontent/uploads/articles/NY6420050502_erik.pdf. Brynjolfsson‚ E.‚ & Hitt‚ L. M. (1998). Beyond the productivity paradox. Communications Of
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Should technological advancement in business be the most important objective? Technological advancements should not be the most imperative goal in businesses today. Imperative‚ meaning that it is not the most important factor for businesses to consider nor should it be the main priority. Technological advancements mean the development of technologies that have yet been created. It can lead to a dependency on technology‚ loss of jobs due to people being replaced by technology and can be highly
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The next “industrial” revolution: Robots and smart machines reshaping work Smart machines and robots will redefine society. One of the main economic and business trends - robots and smart machines. From the very beginning human was searching for something that could change his lifestyle. First sticks used as weapon‚ first mills to reduce handwork‚ first vehicles to cut time in transportation... Robots now are now being deployed as receptionists‚ banking assistants and even prison guards‚ while
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Bibliography: Avent‚ R‚ 2014. Special Report: The third great wave. The Economist‚ 04 October. 3-10. Brynjolfsson‚ E.‚ and McAfee‚ A. 2011. Race Against The Machine: How the Digital Revolution is Accelerating Innovation‚ Driving Productivity‚ and Irreversibly Transforming Employment and the Economy . 1st ed. New York: Digital Design. Burchell‚ B.‚ Lapido‚ D.‚ and
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slowing down while Brynjolfsson’s stance is the opposite. In my opinion‚ Erick Brynjolfsson does a better job getting his point across because inventions are like building blocks. Our generation is steadily growing‚ and we are leading towards early retirement. Gordon thinks that progress is slowing down because everything is basically invented. Few good ideas exist and things cannot get much better than they are now‚ Brynjolfsson opposes. He proposes inventions feed off of each other and one good invention
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e-Business and Supply Chain Management: An Overview and Framework1 Forthcoming in Production and Operations Management special issue on e-Business and Supply Chain Management M. Eric Johnson Center for Digital Strategies Tuck School of Business Administration Dartmouth College Hanover‚ NH 03755 www.tuck.dartmouth.edu/digitalstrategies m.eric.johnson@dartmouth.edu phone: 603-646-0526; fax: 603-646-1308 Seungjin Whang Global Supply Chain Management Forum Graduate School of Business Stanford
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