The role of market orientation on company performance through the development of sustainable competitive advantage: the Inditex-Zara case Andres Mazaira  University of Vigo‚ Oureuse‚ Spain E. Gonzalez  University of Vigo‚ Oureuse‚ Spain Ruth Avendano Ä University of Vigo‚ Oureuse‚ Spain Keywords Market orientation‚ Competitive advantage‚ Clothing industry‚ Organizational culture Abstract This paper has been developed as a part of research seeking to verify the effects of organisational
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In what ways are elements of the classical management and behavioral management approaches evident at Zara International? Inditex’s group known a ZARA had implemented elements of both classical management and behavioral management approaches. Starting off with the Classical Management‚ ZARA has used some of the principles of Henri Fayol’s Administrative principles. Building their business model to identify the following five “duties” of management‚ which are foundations for the four functions of
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------------------------------------------------- Speed Speed is defined as a measure of the distance an object travels in a given length of time. The average speed of an object can be determined from the equation below: Thus‚ if a car travels 100 meters in 5 seconds its average speed can be calculated as; Average speed = 100/5 = 20 meters per second Average speed is used to give the speed of an object over a given interval of time‚ if however the speed of an object is required for a particular moment then the instantaneous speed is used
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Measuring the Speed of Sound and Air using a Pulse-Echo Technique Purpose To determine the speed of sound in air using the pulse-echo experiment procedure‚ and comparing it to the predicted speed of sound in air using the measured air temperature of the classroom. Hypothesis I believe that the speed of sound it the air will be close to that of the predicted value. According to our predicted value‚ we should expect the speed of sound in the air to be at a speed of approximately 346 m/s. Materials
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2) For the global fashion apparel industry explain key dominant features and industry driving forces. Outline Zara’s strategies for leveraging this. Industry overview: The global fashion apparel industry is one of the most important sectors of the economy in terms of investment‚ revenue‚ and trade and employment generation all over the world. Some of its major contributors are: Significant consolidation in retail Increasing use of electronic commerce in retail Wholesale trade The
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introduced to the world of fashion‚ unfortunately‚ it wasn’t very successful; lately there has been a change of situation and that is what we are going to attempt to understand. For almost twenty years now‚ people have been relying on fast fashion‚ a fairly new notion‚ which entails rapid garment production in a cost efficient manner. This efficiency is attained through the retailers understanding of the customer’s wants‚ which consist in having high fashion looking garments at reasonable
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Infor CRM (Customer Relationship Management) Create growth and loyalty through continuous customer dialogue. Leading customer-focused companies view every customer interaction as an opportunity to make a new offer‚ improve retention‚ increase revenue‚ build loyalty‚ or strengthen their brand. Infor CRM (Customer Relationship Management) helps companies optimize customer relationships by integrating marketing‚ sales‚ and service. By providing a full 360-degree view of customers‚ the system
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ZARA Income Statement Period Ending: 2012 31/12 2011 31/12 2010 31/12 2009 31/12 Total Revenue 82.98 78.19 89.69 76.7 Revenue 82.98 78.19 89.69 76.7 Other Revenue‚ Total - - - - Cost of Revenue‚ Total 60.29 56.72 59.02 52 Gross Profit 22.69 21.47 30.67 24.7 Total Operating Expenses 77.61 73.35 74.12 63.51 Selling/General/Admin. Expenses‚ Total 3.69 3.24 3.96 3.56 Research & Development - - - - Depreciation / Amortization 13.63 13.38 11.14 7
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(Heath‚ 2012) We are facing a shift from the old fashion multi-level pyramidal business to a new more flattening business where information flow is very fast and cost effective. Old fashion physical channels of transmitting information are replaced with a simple click in the World Wide Web (www) virtual environment (Laudon & 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
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Indian Mehndi Designs It is said that the at any festival or religious event‚ the preparation of a girl/woman can not be completed without MEHNDi‚ & it isa world truth. Mehndi filled hands make a lady more charming. Indian styles of mehndi are more famous in 2013. Girls and women are keen to wear mehndi at every event. Indian mehndi designs are mostly floral‚ peacock and geometric shaped designs. These designs are developed not only for the front side of hand but also for the back side of
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