Jan. 29‚ 2013 Zara International Business Problem Productivity is the best word to describe the approach of merchants during the classical era. Merchants believed that being strong in productivity would bring higher profits. It sounded so simple and unbelievable from the very different and complex businesses today. However‚ businesses cannot forget the significance of productivity even centuries after it was first thought of. After reading the article about Zara International‚ I was very
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Organisations and Behaviour Awarded By Edexcel Name: Zsolt Vida Student ID: 101345 Tutor: Sean Barrett Task: 2 Contents 3.a AN ORGANISATION IN PERIOD OF CHANGE. 3 3.b THEORIES OF MOTIVATION 4 MASLOW’S THEORY: 4 APPLICATION TO THE WORK SITUATION. 5 ALDERFER’S MODIFIED NEED HIERARCHY MODEL. 5 APPLICATION TO THE WORK SITUATION. 5 3.c IMPLICATIONS THESE THEORIES OF MOTIVATION HAVE FOR MANAGERS. 6 4.a IMPORTANCE AND INFLUENCE OF GROUP VALUES AND NORMS WITHIN AN
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Zara case Zara uses a vertically integrated system (VMS): In this system‚ wholesalers‚ retailers and distributors work as a unified system. One channel owns the others. They have a corporate VMS system‚ because Zara has managed to build a system that is controlled from the headquarters and it allows a quick response to decide and solve problems. Inditex‚ Zara’s parent company owns most of the resources to design‚ produce and distribute. Recommendations: Instead of doing everything themselves
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An organisations culture is a body of its beliefs‚ culture and code of conduct‚ which influences employee behaviour in an organisation (Trevino & Nelson 2010). Cultural systems in organisations are divided into formal and informal systems. It is hard for organisations to specify written rules that cover all aspects of their work hence; the formal system presents us with limited direction (Ouchi 1977). Under formal cultural systems leadership‚ values and selection systems are discussed in this essay
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Executive Summary Spanish Inditex’s most successful retail clothing store Zara is known all across the world for its trendy apparel (Mcafee‚ Dessain‚ & Sjoman‚ 2004). The company has been very successful throughout the years but management has recently decided that the IT infrastructure may need updating. The store currently runs off of a POS system supported by DOS‚ which has not been supported by Microsoft for several years (Ferdows‚ Lewis‚ & Machuca‚ 2004). The POS system has been working flawlessly
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and theories of organisation LO3 (3.3): Examine the relationship between motivational theories LO4 (3.4): Demonstrate an understanding of working with others‚ teamwork‚ groups and group dynamics. P1: (3.1.01): Compare and contrast different organisational structures and culture P2: (3.1.02): Analyse the relationship between an organisation’s structure and culture and the effects on business performance P3 (3.1.03): Analyse the factors which influence individual behaviour at work P4:
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List of the different types of behaviour which are inappropriate for schools Hitting – using a hand or arm with a closed or open fist to hit (make forceful physical contact) with another person. Kicking – using the foot or leg to kick or hit another person Head butting – using the head or face to hit (make forceful physical contact) with another person Scratching – using the nails of the feet or hands to break the skin of another person. Pinching – using the fingers to squeeze another
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Understanding Organisation. Explain how an organisation culture develops overtime and how managers then try to understand‚ control and after cultures. To what extent might an organisation be considered to have a fragmented and divided set of culture? You should make reference to theory and practise in your answers. What is the meaning and definition of organisation culture? In an anthropological term‚ culture refers to underlying values‚ belief and codes of practice that makes a community for
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CHAPTER Marketing Channels Delivering 12 Customer Value PRE VIEWING We now arrive at the third marketing mix tool—distribution. Firms rarely work alone in creating value for customers and building profitable customer relationships. Instead‚ most THE CONCEPTS are only a single link in a larger supply chain and marketing channel. As such‚ an individual firm’s success depends not only on how well it performs but also on how well its entire marketing channel competes with competitors’ channels
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Porter analysis of Zara Zara fashion chain‚ with 546 stores in 30 countries today from which 340 are outside Spain- and 2914‚3 millions of total sales in 2002‚ is undoubtedly the group’s locomotive (Inditex‚ 2003). In 2002 it represented 33% of the group’s total stores‚ accounted for 72% of the group’s total sales and contributed to the holding’s total profits for 540.4 millions (Inditex FY2002 Results Presentation‚ 2003). Moreover‚ Zara with 75-90 new stores within 2003 takes the lion’s share
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