RELATED LITERATURE AND STUDIES Humans have been using insecticides for thousands of years. The Egyptians used unspecified chemicals to combat fleas in their homes about 3‚ 500 years ago‚ and arsenic has been used as an insecticide in china for at least 2‚ 900 years. Insecticide is a substance that kills insects. Insecticides are sometimes called pesticides. But pesticides include substances used to control mice‚ weeds and other pests besides insects. Insects harm human by transmitting diseases. Diseases
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TYPICAL PRODUCT LIFE CYCLE • Sales decreases as the product moves over the timeline ZARA PRODUCT LIFE CYCLE • High fashion industry with latest designs and trends 5-6 weeks life cycle • The life cycle curves is shown as the graph above ZARA’S KEY FACTORS SHORT LEAD TIME LOWER QUANTITIES MORE STYLES • Keep up with the newest fashion trends more fashionable clothes • Zara only needs about 30 days to identify new trend and have the product available in stores
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first is that in American businesses‚ strategists get too preoccupied with short-term financials. Instead‚ organizations need to learn how to build assets. That should be how firms manage strategically. American executives are burdened by the concept that their primary goal is to maximize shareholder value. There is nothing wrong with that in theory‚ but in practice‚ shareholders must base their evaluation of the company on quarterly earnings - there "Companies that have is no real other
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Spanish retailer‚ Zara‚ has crafted a sweet success story riding on its image as a low-cost‚ high fashion store. Nirmalya Kumar and Sophie Linguri take to the High Street to look at Zara’s route from rags to riches. I n 1975‚ the first Zara store was opened in La Coruña‚ in Northwest Spain. By 2005‚ Zara’s 723 stores had a selling area of 811‚100 square metres in 56 countries. With sales of e3.8 billion in the financial year 2004‚ Zara had become Spain’s best-known fashion brand and the flagship
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CORPORATE FINANCE – CONCEPT QUESTIONS Class Notes - Introduction to Corporate Finance 1. Finance point of view: Corporation: a money processing machine? * Product markets: everything what corporates make (lead with customers‚ suppliers‚ labor) * Capital markets: generic term for the entities which supply cash to this money processing machine‚ and the processing machine uses the money to do things and then periodic sends money back to the capital market there are inflows from the
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T.K.Maxx and Zara are very different retailers in the fashion industry. Whilst one offers low cost designer labels the other retails quality own-brand labelled clothes at a reasonable price. Zara sets itself apart from the giant market place by celebrating its motive to offer exactly what the customer wants‚ going to detective levels to make sure they understand their audience’s wishes. T.K.Maxx on the other-hand distinguishes itself by reducing prices of designer labels by up to 60%‚ and these are
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Vertical farming is cultivating plant or animal life within skyscrapers or on vertically inclined surfaces. The idea of a vertical farm has existed at least since the Hanging Gardens of Babylon. A vertical farm would be a large‚ independently operating structure centrally located in a major city. It would feature two multi-storey‚ skyscraper-like buildings working together- one to manage food production with nutrient film techniques‚ and another to manage waste through living machines and generate
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2-2: Chapter Questions Action Items Q/ 01 Why study operations management? Answer All businesses want to hire bright people who can make the best decisions for the business as a whole‚ not the best marketing‚ finance‚ or operations decisions. They want employees who can see the big picture of how these functional areas interact. You will severely limit your career if you take a narrow functional perspective. Every decision is cross-functional in nature2. You will be working with operations and
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Key Questions 1. Comparing to other fashion retail companies‚ what is ZARA’s competitive strategy? • Speedy response to consumer needs Zara guarantees that its stores are able to carry clothes that the consumers want at that time. Zara can move from identifying a trend to having clothes in its stores within 30 days. That means that Zara can quickly identify and catch a winning fashion trend than other competitors. . ‘Fast fashion’‚ it brings customers in to stores to see what is new‚ what
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Vertical Farming For thousands of years‚ human beings have fed themselves by growing a huge variety of vegetables and grains. In more recent years‚ technology has helped increase harvests‚ shorten growing time‚ and make growing crops indoors feasible. Genetic engineering has brought about strains of plants that are resistant to various diseases. These plants also grow more quickly and spoil less easily. Indoor farming helps to lengthen the growing season and decrease the effect of weather on crops
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