Social environment: With the huge numbers of store (one more is opening in Sydney‚ Australia)‚ Zara has settled in many countries. Therefore‚ the firm must respect the culture of each kind of customers‚ wherever they are from. Zara must create clothes that fit to every kind of culture around the world. Moreover‚ Zara only employ people that live next to the store. By encouraging local employment‚ Zara helps the country to fight Unemployment. -The Legal environment: The great numbers of shops
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Diversity “Don’t be scared to being different from others”‚ Shoin Yoshida who was Japanese warrior said. He means that people can proud to have different beliefs and values from others. If people are not allowed to have different beliefs and values‚ it is just losing our individual identities and cultures. Today‚ people in developing nations are allowed to have different beliefs and values‚ for example people are allowed to believe in different religions. Also their countries are safer than other
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Schmidt‚ Julius Liebrecht‚ Djaky Agbadou‚ Nathalie Garro In-Class Case Study: 1 Introduction: Background Information 1.1 Company overview The firm Zara is a Spanish clothing and accessories retailer based in Galicia‚ northern Spain. In 1975‚ founder Amancio Ortega opened the first store in La Coruna‚ Spain. Zara is the flagship chain store of the Inditex group (Industria de Diseno Textil)‚ encompassing many self-designed different fashion styles from daily clothing to formal suits
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(Low to Medium) * New entrants will have to deal with high and large fixed cost * incentive because of profitability of zara * newest fashion at an inexpensive price * Zara as part of the Spanish Inditex Group‚ can benefit from the micro-economic concept of the Economies of Scale. Hence it gains cost advantages as production (scale) increases * Zara is operating within the market of “fast fashion” hence size as well as economic efficiency matter. Inditex’s superior supply chain
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ϖ Company 11 – Zara‚ Inditex ϖ Zara‚ the world largest clothing retailer brand that is part of the Inditex multinational clothing company which was created by Amancio Ortega and Rosalia Mera in 1974. They are based in the northwest of Spain. Currently‚ Zara has a total of 2‚000 stores in major cities around 88 different countries. They are acclaimed as a fast fashion company in the industry with more than two hundred professional designers within the creative teams. Zara’s products are diversification
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Introduction Nowadays a successful business is built on solid structure between departments and more importantly between an immediate supervisor and his personal. Despite the importance of the external environment‚ it’s highly required to have strong relationships between each leader and his followers‚ because they represent every department of the organization. However‚ these employees should be motivated in their work in order to work passionately and give deep attention to their projects. The
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Diversity Reflection The way‚ in which I define myself‚ is through my hobbies‚ friends‚ personality‚ and attributes. I chose to disclose my past because before I used to be a bad student that would always get into trouble. The main reason why I came to a school so far away from home was so that I could start over and mature before I return home. Based on your personality it determines what type of kid you are‚ and it also helps to determine what type of people your friends are. Since I have
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Diversity in the workplace is a topic that many industries and organizations spend an abundant amount of time and training on in order to ensure its presence. Today’s workplace is more diverse than it has ever been in history. While the workforce has made strides in the direction of equality‚ it is still far from attaining total equality in the workplace. A company must value diversity. The main objectives of valuing diversity include awareness‚ education‚ and positive recognition of the differences
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Building Inclusive workplaces by harnessing diversity Introduction Why should a successful organisation embrace diversity? Some will say discrimination is wrong‚ illegal and immoral. Others will talk of the social need for inclusion. There is‚ however‚ a larger reason for organisations to embrace diversity. The paradigm through which the organisation sees diversity is crucial and that will shape the organisation’s diversity philosophy. Diversity management brings a variety of gender and ethnic
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on the Spanish retail giant‚ Inditex and how its largest retail chain Zara has been so successful through its simple business model of speed‚ flexibility‚ and high fashion. As of 2002‚ Inditex had six separate chains: Zara‚ Massimo Dutti‚ Pull & Bear‚ Bershka‚ Stradivarius‚ and Oysho. Each chain operates independently and is responsible for its own strategy‚ product design‚ sourcing and manufacturing‚ distribution‚ retail. Zara is by far the largest‚ most profitable‚ and most internationalized of
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