August 14 August 14 Economics 2013 grade 11 Economics 2013 grade 11 Globalisation Research Essay Sarah Morritt-Smith and Bilqees Baker “THE WORLD HAS BECOME OUR GLOBAL VILLAGE Globalisation is the process of international integration arising from the interchange of world views‚ products‚ ideas‚ and other aspects of culture. Put in simple terms‚ globalization refers to processes that increase world-wide exchanges of national and cultural resources. Advances in transportation and telecommunications
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Europe‚ it gives me a real thrill to be endlessly shopping without breaking the bank. I can honestly say even if I was a millionaire‚ I couldn’t shop anymore than I do now‚ I am not deprived of anything. Except maybe the Kate Moss Collection for Topshop which sold out within an hour of debuting at Barneys New York. All is not lost however‚ I will probably go the online route as it is available at www.topshop.com and they ship to the US‚ although the exchange rate is what will kill you‚ it is about
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Is Fashion Art? Everybody questions art. You would think art is merely created for admiration‚ but its not. The average person would describe art as a drawing on a piece of paper‚ and this quote by Clement Greenberg (1909-1991) suggests why: "The task of self-criticism became to eliminate from the effects of each art‚ any and every effect that might conceivably be borrowed from or by the medium of any other art. Thereby‚ each art would be rendered pure’ " "Painting is not sculpture it is two-dimensional;
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keep up with the varying trends of high fashion. The principal brand of fast fashion besides Zara are the Swedish Hennes & Mauritz (H&M)‚ the USA based “Gap”‚ the Italian Benetton and other minors like the Spanish “Mango” or the British “Topshop”. Nebahat Tokatli described five key points common to all these brands; first a huge number of stores around the world; secondly‚ their success is based on a “highly responsive communication channel”; third‚ the purpose to ensure a sort of exclusivity
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losses for over a five-year period. The 2011 annual report of the company pointed out that “Currently within the fashion high street retail market‚ French connection own on overall market share of 0.2% being dominated by the likes retailers Zara‚ Topshop and Next.” To assess the company‚ this paper analyzed external and internal factors by utilizing PESTEL and VRIO framework and applied the result to SWOT analysis. Moreover‚ short-term and long-term strategies as well as an action plan were provided
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1) How does luxury consumption in Japan differ from in other countries ? I guess the main difference is the fact that Japanese people consume luxury in mass. Or at least‚ they did. Indeed‚ Japan is the first and only mass luxury market. This behavior finds its origins in the need of showing their identity and self-worth‚ and they do it by wearing luxury products. In fact‚ as there is not much space and lots of traffic jams there‚ the Japanese can’t build huge houses and own many cars‚ as we‚
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Introduction The main purpose of this report is to examine the business performance over 2011. This report will provide a clear understanding of Katalan’ consumers‚ the age and gender of their average shopper‚ consumers opinions on key factors of the store like for example layout‚ facilities etc. and Katalan’s main competition in both clothing and other household areas. With the intention of providing a clear understanding of Katalan’s consumers and how Katalan as a retailer has achieved
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1. Using figure 4 only‚ comment on the characteristics on the urban landscape shown. Suggest how it could be improved. (7 marks) Using figure 4‚ it would appear that densely built shacks – which also appear poor quality - are evidence of shanty town development. Because this area appears so tightly built together (and therefore isolated from the rest of the city)‚ as shown in the bottom of the photograph‚ it will likely have contributed issues such as poor sanitation – whilst also suffered from
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BARNEYS MARKETING PLAN Executive summary Barneys is planning to extend the target market by embracing budget fashionistas as well as current target customers who are fashion connoisseurs with a high disposable income and cutting-edge taste. It is because‚ according to Spending Pulse‚ Sales of luxury goods fell 27.6% in December 2009 compared with December 2008 including credit cards and cash. The pullback in luxury spending due to the deteriorating economy brought about a sharp slowdown and a
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EXECUTIVE SUMMARY This report critically analyses the impact of external and internal influences on the business strategies of Marks and Spencer (M&S) between 1996 and 2002‚ evaluates the factors‚ and modifies its business strategies. The major finding is that M&S has successful business strategies and marketing plans. However‚ the company does not maintain these advantages continuously. Indeed‚ it causes some disadvantages. The purpose of this report is to evaluate how M&S survives
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