Strategic Operation Management Assignment Zara fashion Zara is a clothing and accessories retailer selling stylish apparel at affordable prices‚ and it is also the most profitable brand of the Spanish clothing retail group Inditex SA. Ortega planned for this new Zara outlet‚ located near his factory in La Coruna in northern Spain‚ to sell this overstock merchandise himself. Since then‚ Zara has expanded into 500 stores in 68 countries as of January 2007 and has become a leader in customized
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marketing approach is the driver behind the internationalisation strategy of Zara. When it comes to market entry‚ the question now is what are the economic and political barriers that take effect on the strategy? 2. Company Profile Owned by Amancio Ortega‚ Zara‚ on the other hand‚ is a clothing company originated in Spain. Inditex Group‚ the parent company‚ claims that Zara needed just a couple of weeks to go through the development of a new product and get it to the stores‚ compared to that of
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this ruthless industry. Zara is the clothing and accessories retailer seated atop the industry; Zara is the flagship specialty chain of Spain-based conglomerate Inditex consisting of 1495 stores. Based in Arteixo‚ Galicia‚ and founded in 1975 by Amancio Ortega and Rosalía Mera‚ Zara maintains a competitive advantage through its “fast-fashion” business model; they’re able to take a product from concept through design‚ manufacturing‚ and retail store placement in a span of two weeks‚ while for their competitors
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Essay Question 1: To what extent do you agree with Dewey’s remark? The term education is derived from Latin‚ word ‘educere’‚ ‘educare’ and ‘educatum’ which means to ‘to learn’ ‚ ‘to know’ and ‘to lead out’. Education is the process of receiving or giving systematic instruction‚ especially at a school or university: a course of education‚ the theory and practice of teaching. A body of knowledge acquired while being educated. In some occasions I would personally say that I am not always learning
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attend college because they are too lazy or have been told they are not smart enough. People who are motivated can achieve a lot even if they don not have a college degree. For example‚ Steve Jobs‚ John D. Rockefeller‚ Henry Ford‚ Crea Tyler‚ and Amancio Ortega never obtained a college degree‚ but
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What Motivates Entrepreneurs? Bill Gates‚ Warren Buffet‚ Larry Ellison and Amancio Ortega are all in a list of the world billionaires. What does these guy do? They are known as an entrepreneurs. Each of them have their own childhood memories. Some of them did not finish their school nor becoming best student among their friends. As I observe‚ the down fall of someone did not measured base on their performance back then. The measurement are as in this reality. The achievement had shown how well
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CNN.com - Zara‚ a Spanish success story - June 15 2001 http://edition.cnn.com/BUSINESS/programs/yourbus... MAINPAGE EUROPE WORLD WEATHER BUSINESS markets market data technology tech markets currencies biz international SCI-TECH ENTERTAINMENT IN-DEPTH NEWS BRIEF SPORT Zara‚ a Spanish success * story June 15‚ 2001 Posted: 4:37 AM EDT (0837 GMT) Your Business Your World Success without sweatshops • Zara does things differently LONDON‚ England (CNN) -- In an era when clothing retailers
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the same way as say do. Some say that culture is glue which holds company and people together‚ others believe that it is a compass that shows way to success. ZARA Zara is Europe’s biggest closing retailer‚ but the founder of Zara MR Amencio Ortega started very small business in 1975 which grew through the years and reached unimaginable levels of success and fame. Yes‚ Zara was founded in Spain and for the start it was selling collection of looker-like product to big names in small prices. But
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------------------------------------------------- Inditex From Wikipedia‚ the free encyclopedia Inditex‚ S.A. | | Type | Public (BMAD: ITX) | Founded | A Coruña‚ Spain (1974) | Founder(s) | Amancio Ortega Rosalía Mera | Headquarters | Arteixo‚ A Coruña‚ Spain | Key people | Amancio Ortega (Chairman) Pablo Isla (CEO) Ignacio Fernández (CFO) | Industry | Retail | Products | Clothing‚ Accessories | Revenue | €10.41 billion (2008)[1] | Operating income | ▲ €1.609 billion (2008)[1]
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Word Count: 2‚164 | Executive Summary The purpose of this document is to discuss the issue of Zara’s DOS-based IT infrastructure and how it affects Zara’s performance. The concern is the current system is out of date and there is a possibility that hardware vendors will upgrade their machines leaving them incompatible with DOS. As well‚ Zara’s core business model is speed and responsiveness‚ this system is unable to keep up with this model. By assessing the pros and cons of the new IT system
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