1. Features of Zara’s business model that affect its operating economics: • Zara owns much of its production and most of its stores‚ while competitors Gap and H&M own all of their stores but outsource all of their production. Benetton‚ on the other hand‚ owns all of its production but goes to market through licensing agreements. • Zara places more emphasis on backward vertical integration. Production runs are short and inventory is strictly controlled. This is in contrast to industry trends
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Year 12 Legal Studies Exam Notes YEAR 12 LEGAL STUDIES NOTES UNITS 3 AND 4 Year 12 Legal Studies Exam Notes AREA OF STUDY 3 LAW-MAKING Year 12 Legal Studies Exam Notes AREA OF STUDY 1 PARLIAMENT AND THE CITIZEN Year 12 Legal Studies Exam Notes The Principle of Responsible Government • Our government is answerable and accountable to parliament‚ therefore to the people • It must act fairly and responsibly • If it doesn’t it will lose the support of the parliament/people and
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and discussion As complete as possible‚ sketch the supply chain for Zara from raw materials to consumer purchase. Raw material – High tech automated cutting facilities – Small workshops – Ware houses – Stores – customers – Stores – Commercial managers Raw material Zara makes 40 percent of its own fabrics and produces more than half of its own clothes (maximize time efficiency) Cuts fabric in-house As it completes designs‚ Zara cuts fabric in-house. The cutting is done in Zara’s own high-tech
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• Case 1-4 Generally Accepted Accounting Principles At the completion of the Darby Department Store audit‚ the president asks about the meaning of the phrase “in conformity with generally accepted accounting principles‚” which appears in your audit report on the management’s financial statements. He observes that the meaning of the phrase must include more than what he thinks of as “principles.” Required: a. Explain the meaning of the term accounting principles as used in the audit report
Free Accountancy Accountant Meaning of life
Problem #4-13 a) In order to answer the question‚ we first need to consider what do revenue growth and net income represents. Revenue growth suggests the company’s future profitability‚ which means that revenue growth has the potential to be a predictor of future earning power. The income statement contains both revenue and expense information. Furthermore‚ in an efficient market‚ R&D and startup costs can be adjusted‚ and as long as these information are available to the public‚ the company will
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KSAO to Tasks (1-5 Rating) 1. Greet customers and ascertain what each customer wants or needs 2. Describe merchandise and explain use‚ operation‚ and care of merchandise to customers. 3. Recommend‚ select‚ and help locate or obtain merchandise based on customer needs and desires. 4. Compute sales prices‚ total purchases and receive and process cash or credit payment. 5. Answer questions regarding the store and its merchandise. 6. Prepare sales slips or sales contracts.
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conscientious is associated with less employee absence. Less conscientious is associated with more employee absence. 3. which three predictors would you suggest Tanglewood use in selecting Store Associates? Conscientiousness: This predictor is important for Tanglewood to base their applicant selection on because of what it represents. According to the data presented in the case‚ more conscientiousness is associated with less absent days by employees. In a sense‚ more conscientiousness can be interpreted
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INTRODUCTION I. Japan PEST analysis 3 A. Political Landscape 3 B. Economic Landscape 3 C. Socio-cultural Landscape 4 D. Technological Landscape 5 II. Fashion Industry: Five Forces of Porter 6 A. Threat of new entry 6 B. Bargaining power of suppliers 8 C. Bargaining power of buyers 8 D. Threat of substitute products/services 9 E. Intensity of rivalry among competitor 10 III. Company analysis 11 A. H&M 11 1. H&M Vision‚ Values‚ Goal and Strategy
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Case Report: Zara – Fast Fashion Group #10 David Aparicio‚ Steven Hurley‚ Jonathan Williams‚ & Arjun Yadav 1 External Environment Analyses 1.1 Analysis of General Environment and Driving Forces The designer apparel environment is influenced by different segments of the external environment such as demographic‚ socio-cultural‚ economic‚ political‚ technological‚ global‚ and physical forces. The designer apparel industry spans globally and is highly competitive among different rivals. It is very
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Laudon‚ 2010). ZARA case study 1. Company presentation Inditex Group is one of the biggest fashion retailers in the world owning more than 100 companies operating in different sectors of activity. Its unique business model set the basis for one of the leading brands in international fashion industry called Zara. Zara is an eco-friendly retail company and encompasses more than 5‚000 stores situated in prime locations in more than 400 cities on five continents. (Inditex‚ 2012) 1. Zara’s
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