By Wendy –Zara exericse 1 Q5. Who are the customer ? The target market is broad‚ women‚ men‚ children that likes fashion and is sensitive to fashion. Q6 .Who are the customers‚ and what product/ service attributes do they consider important? The target market is very broad‚ Zara do not define their target by segmenting ages and lifestyles like what traditional retailers are doing. Its target market is working in big cities‚ with mid range income‚ a young‚ educated person that likes
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311: Deliver a Presentation 1. Understand the purpose of preparing for and evaluating a presentation. 1.1 Different types of presentation can be used to provide a range of different information. The different types can be used to inform‚ instruct‚ persuade or to facilitate decision making. Presentations have various formats depending on what is supposed to be achieved. Different types of equipment also provide different information and may facilitate different styles of learning such as using a
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Unit 29: Promote Creativity And Creative Learning In Young Children (CYPOP 7) 1) Understand the concepts of creativity and creative learning and how these affect all aspects of young children’s learning and development. 1.1) Analyse the differences between creative learning and creativity? Creative learning is about helping children develop problem solving skills and imaginative thinking. It is about giving the children opportunities to make connections and apply them. Creative learning can be
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Zara is a very big clothing chain from Spain. The chain was founded in 1975 by Mr. Ortega‚ and it now has more than 1.000 stores in approximately 63 countries – so it is a very big chain. However Zara has its biggest market in Spain‚ where they have 364 stores in total. They sell fashion clothes of a fairly good quality to reasonable prices – this also means that they have a broad target group‚ which we believe to be from kids to adults younger than 50‚ both men and women. Over the years Zara has
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properties and was intending to best fit each DeRight’s goals and future expectations. John and Judy DeRight where in different life stages‚ willing to incur business in the real estate sector in order to diversify their investment portfolio. In the case of John‚ he has just sold his company to a medium sized public firm in exchange of $18 million dollars worth of stock. This gave him a stream of $500‚000 dollars in dividends yearly that made him retire comfortably along with a similar amount of savings
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come first in every aspect of the company ’s operations. The main elements of this vertical structure can be seen in the retail outlets. The stores are designed with an eye for detail‚ providing a comfortable venue for the customer to encounter fashion. At the same time‚ it serves as a site for acquiring the information needed to adjust supplies in response to demand. The key to this business model is fulfilling the customers ’ wishes as soon as possible. For Inditex‚ time is the most important
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As completely as possible‚ sketch the supply chain for Zara from raw materials to consumer purchase. Zara makes about 40% of their raw material (fabric). The remaining 60% is outsourced from within Spain‚ mostly from the La Curuna. Designing of clothes at Zara is done by creative teams of over 300 professionals at the headquarters in La Curuna‚ Spain. They act on the information fed to them from the stores managers. The first stage in Zara’s production system is cutting of fabric. The design
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INDIVIDUAL CASE ANALYSIS ASSIGNMENT Identify the key issues of the case. From the case it is quite clear that from the early 1990’s‚ Zara had begun to expand into the international apparel market and by the end of 2001 operated five hundred stores in over thirty countries (Exhibit 10). But now that most of the major markets had been exploited Inditex must consider the geographic location of its future Zara store additions that would ultimately have a great impact on the Inditex groups long-term
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Growing up fast is not necessarily bad; but in retrospect on my first year in college‚ I tried to grow up too fast and lost my youth. There is something about being young. The jokes. The fun. The spontaneity. But when does youth end? I do not think it should end. There is nothing wrong with occasionally goofing off or taking a random road trip once and a while. Moving to New York City and living right beside Wall Street made me believe that I needed to be serious and fully mature. I was already buying
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The case of Zara – The Postponement strategy I) Introduction In order to compete in the world of rising globalization and shortening of product life cycle nowadays‚ firms have to deal with the demand for increasing product variety to meet the diverse needs of customers. Mass customization has become a requirement for many businesses especially in the dynamic‚ fast-changing industries. However‚ the more product varieties‚ the more difficult it is to forecast demand‚ control inventory and manufacture
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