1. Classical management approach evident in Zara through
Their belief that at employees have only economical and physical needs and that the social needs & need for job satisfaction either does not exist or are unimportant Furthermore Zara used all three components of classical approaches. For example, scientific was used by carefully selecting workers with the right abilities for the job, the administrate approach was used through controlling deign, production and retail sales as well to maximizes the flow of goods through clear division of labor
2. Elements of behavioral management approaches that are being used by Zara's team management are as the following Recognizing the need for supplies-Thus what the management team focus of Zara became was utilizing human factors as a key element in organizational performance. The company also went hand in hand with Mary Parker Follet of organizations as communities within which people combine talents to work for a greater good
3. System concepts and contingency thinking explain some of the distinctive practices underlying Zara's success because this company has succeeded in matching management practices with situational demands-They have achieved success through sub systems and interacting with their environment while transforming resource inputs thus suppliers into output as a result-customers. Lastly they've kept complex systems for time productions, growth value and inventory reporting. 4. Competitive trends in the industry as well the latest actions and innovations of Zara: According to an article in the New York times, "as the European crisis continues, retailers say price matters." Due to that, Zara decided to "absorb" the extra costs instead of placing it on the consumers. The firm is able to do well with their emphasis on the customer and great supply chain management. Inditex is also still providing worthy management benchmarks according to recent financial numbers. In an article in the Wall...
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