The port actors, terminal operators, public port authorities, carriers and other service providers in supply chain want to achieve strategic goals such as dominance, integration and insertion. These goals are interrelated and mutually strengthening. Port actors insert themselves in supply chains since this provides them with critical resources such as knowledge, technology, capital, markets and expertise. Another goal is the integration of activities in the port so as to lower transaction costs and provide services efficiently and effectively. Dominance is also another strategic goal applied by port actors. They seek to achieve scarce competency, exploit economies of scale or ...
Theater Case Studies Samples For Students
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The world, today, is facing several issues and problems that pose a threat to the wellbeing of humanity. It is important for all humanity come together to find a solution to these global problems facing us. The gap between poverty and the wealth continue to rise between countries, and it is important to act early or risk an increase in poverty level throughout the world. The other issue facing us is protection of our environment as we seek better economic prosperity for developed and developing countries. Several other issues affecting us include global pandemics, drugs trafficking that pose major ...
Re: How to increase membership, community participation, and revenue
Short term (immediately to one month)
- Investigate hiring a marketing consultant to develop a Marketing Plan.
- Clear any unused equipment such as the Bingo Machine from the public spaces.
- Contact the Charity Casino of Thunder Bay, Royal Canadian Legion, Fraternal Order of Eagles and the Elks regarding joint events at the large LOWB Family Centre.
- Contact the former Knights of Columbus to see if they would like to use the hall for meeting and partner with the LOWB on events such as the Fish Fry.
Medium term (one month to three months)
- Create an Internet presence including a web site ...
David Bowie portrays an alien from a planet dying from lack of water. He comes to earth, in human disguise, to bring some back to his home. Taking out patents on inventions using his advanced technology, he becomes wealthy and politically powerful. He is deterred from his plans, however, when he becomes involved with a woman (Fandango 2014).
Distribution for Independently Produced Films
The website “Free Online Film School: Learn Filmmaking” (2010) describes the effort necessary for independent filmmakers to obtain distribution. When screening the movie, it should be shown only once with all of the interested parties present. This prevents the rejection of ...
The conflict in Syria has raged on for over three years now with the various warring parties actively sustaining it. It began in early 2011 as a part of the series of demonstrations dubbed as the Arab Spring witnessed globally in a number of Arabic countries. The protests were aimed at the Bashar al-Assad led government that was dubbed as tyrant and retrogressive. After various crackdowns, these demonstrations evolved to deadly armed rebellions (Cole, 2013). The armed conflict pitted various opposition groups namely; Free Syrian Army and the Islamic Front against the Syrian government and its allies such as ...
Gob Squad is a group of German and British artists. Gob Squad was formed in the Nottingham and now mainly operates from Germany. This group performs in the area of theatres, films, real life incidents, videos and other visual mediums of entertainment. Gob Squad performs in urban various centers including theaters, clubs, car parking, hotels, shops and houses. Gob Squad’s realistic and vivid performance is highly acclaimed by acclaimed by audiences, as well as, critics. This paper intends to discuss the Gob Squad’s performance and their show on “Kitchen”.
Gob Squad was founded in the year 1994 ...
- The best way to deal with the crisis and break in the supply chain would be to fill the gap with the alternative channel of supply chain. In this case, instead of using the dockyard and shipping service, the use of postal and air freight would be beneficial. Although the cost of air freight and postal service will be twice that of sea freight, the Broadway coffee can introduce an option of express delivery. Here an extra cost would be charge from the customers as premium who would want to get their products quickly. Later this premium will ...
Goliath productions, a producer and distributor of motion pictures signed a contractual agreement with Giant Theatres giving them exclusive rights on the five films produced for six months. Goliath acknowledged that Giant needs an integral inducement in the contract as the sole source without competition, for six months ending February 28th 2007. Giant Inc has 475 theatres across United States. The contract is silent on the area of jurisdiction. However, in the agreement, Giant only purposes to show the film in the 475 (approximately) theatres in United States and therefore, Giant cannot limit Goliath from entering into a ...
1) Who is Luis Valdez?
He is an American film director, writer, actor and a play writer. The man who was born in 1940 is believed to be the father Chicano theater in America. He also initiated Chicano movement and has broadened his scope in theatre and arts.2) What connection is there between the Teatro Campesino and the UFW?
Basically, Teatro Campesino is a troupe that was formed as a branch of United Farm workers in 1965. All the initial actors were from the farmworkers and most of their performances described lives of their audiences.3) What is an acto?
I attended two concerts at the Southern University Symphony Orchestra Hall and the Tulsa Performing Arts Centre in Oklahoma. This is what I observed.
The concert which was performed by the Southern Arizona Symphony Orchestra was certainly a revelation in many respects. It included two Chinese works which have gained considerable fame all over the world and which were quite ideally interpreted by the orchestra. There was also the Brahms Second Symphony for good measure which is one of the most popular romantic works in the repertoire and which is very much a staple part of the orchestra’s ...
I played the role of Sally’s agent and recent partner at the firm that manages acts for celebrities. The other part of Lyric’s business manager during the negotiations was played by JInwook Bae, with whom we met and arrived at a possible deal to have Sally Soprano perform the role of Norma.
Getting to Yes, advocates for the principled negotiation approach. In this case, I attempted to use the principled negotiation approach, by being soft on the individual stakeholders and hard on the merits. As such, I opted to avoid engaging in posturing and tricks, more so ...
Sound strategic planning in health care entails setting up the long-term roadmap for the facility, identifying key initiatives and defining accountability for outcomes (Ogilvie & Sare, 2012). In this regard, developing the most appropriate strategic plan for the Orange Door Health Center that addresses environmental issues identified beforehand is crucial.
The Orange Door Health Center is currently undergoing transformation into a fully-fledged community clinic. Therefore, the strategic plan relevant in this case is one that envisions these changes and has tools to check excesses during the transformation process. Most appropriate strategic plan clearly defines goals and strategies. ODHC strategic plan ...
Depending on the stage of development performing arts, it is possible to refer to them as industry. The performing arts have been growing tremendously over the past years in the world. The industry has seen various growths in the figure of professions and the viewers of the films. The performing arts are a source of entertainment to many people. In addition, the performing arts give much benefit to the industry as they improve the locals and employees quality of life. The industry also benefits as visitors are attracted by the performing arts. This leads to indirect, direct, and associated ...
Personality disorders: paranoid, schizoid, schizotypal, histrionic, narcissistic, borderline, antisocial, dependent and obsessive-compulsive
Donna has histrionic personality disorder. She used dramatic tactics to gain the attention of everyone at the party, such as boasting about being an actress and pretending to faint.
William has schizotypal personality disorder. He expressed beliefs and behaviors that were seen as odd and strange by everyone else, such as talking about negative forces and psychic soul-spot.
Sherry has borderline personality disorder. She suffered from emotional instability, dramatic changes in mood, and impulsive behavior. She also demonstrated para-suicidal behavior as she took aspirin in a weak attempt to harm herself, which is characteristic of this disorder.
What Conditions Supply Chain Strategies of Ports?
Jacobs and Hall (2007) argue that the strategic supply chain preferences of a port authority become accustomed to the territorial, institutional structure wherein the main actors in a port operate. According to Jacobs & Hall (2007), port actors endeavor to insert themselves into supply chains because they get a chance to attain several resources including technology, knowledge and skills. The two authors, also, argue that such actors can incorporate activities in the supply chains, so as to, lessen general transaction costs and offer more competent services. In addition, Jacobs & Hall (2007) explain that these actors obtain dominance, which is ...
Slide 1 - Utah Symphony and Utah Opera
Presenter notes: Introduce the subject of the presentation and what it aims to achieve at the end. Explain the scenario in which the merger is taking place as well as an overview of the opera and symphony.
Slide 2 – The Competing Values Framework
CLAN – This culture is focused on internal relationships and integration through collaboration. It relies on empowerment, communication and participation to achieve higher levels of commitment from internal resources and high morale among employees. The Utah Symphony shows several traits that belong within the clan culture, mainly because of Keith Lockhart’s style of leadership that emphasizes bonding with internal customers. ...
A Force Field Diagram
A Multiple Cause Diagram
An Influence Diagram
Soft systems of Change
Soft systems are usually related to the characteristics that define human systems, and are associated with open relationships that sustain through time. In case, if there is any change required in these relationships after a period of time the soft systems are neatly driven and updated in order to incorporate those changes. It is important to understand that any system that depends on human efforts is a direct result of the environment within which it is operating and the conditions of stability. There are many factors which may ...
I will analyse filters as a sub-set of the circuit. I choose filter because it is a core component of the audio equipment I have designed since it is responsible for ‘generating’ the high and low frequency signals that are fed to the tweeter and woofer respectively.
Unlike resistors, the opposition (or reactance) to current offered by capacitors and inductors vary with frequency. At lower frequencies, the reactance of inductors is low while that of capacitors is high. At high frequencies, the reverse happens and the reactance of inductors is high while that of capacitors is ...
Borderline Personality Disorder: Case Study
Karen was admitted in the intensive care unit of West Raymond medical Center after she knowingly took an overdose of sedatives in addition to alcohol in a suicide attempt following a disagreement with her man.
Consequently, the 32-year old single, unemployed woman lost consciousness which meant that she had to inevitably spend three days in the hospital. While still in the hospital the doctors never wanted to discharge her until when they were convinced that she was under the care of a psychotherapist. Karen’s psychotherapist was, ...
Data mining can aid companies get the information about the employees in a firm. The information extracted from the employees and kept in the government’s database can help determine the criminals in case an insider crime is detected in the firm. Data mining helps in getting criminals but can sometimes infringe people’s privacy. It can combine information from many sources to create a detailed profile about each individual of interest. In order to establish an effective and enduring brand identity there must be a better understanding between identity and image. Once the identity has been known, ...
Union Carbide Corporation is a corporation or a wholly owned subsidiary of Dow Chemical; it is the producer of chemicals and polymers that undergo more than one conversion before it reaches the consumers. The company employs over 2400 people. The markets that are served by these products include paints and coatings, packaging, cable and wire, household products, personal care, automotive, textiles, agriculture, oil, gas and pharmaceuticals. The Union Carbide Corporation is a earlier constituent of the Dow Jones Industrial Average.
The company had found a cost-effective way to produce ethylene from naturally found gas and liquids, such as propane ...
The City of Cape Town case study on water management illustrates an urgent need for resource planners to integrate climate into water management and planning (New, 2002, pg. 2). In addition to this, the planners should take immediate actions as soon as possible. In the same line of thought, is imperative that actors agree on the importance of climate change adaptation so that multiple benefits are realized from the adaptation actions. Moreover, the actors in water management and planning need to find appropriate pathways that will provide near-perfect adaptation solutions to climate change. Of particular interest are the levels ...
346 U.S. 537, Theater Enterprises, Inc. v. Paramount Film Distributing Corp. et al (1954)
- Abstract of case
The case relates to a Supreme Court appeal decided on January 4th 1954 in which the petitioner was seeking to have the court find the defendants liable in violation of the Anti-Trust laws. The petitioner resided on the Sherman Act and the Clayton Act. The contention lay in the manner in which the first and subsequent runs of a film were conducted by the defendants to the detriment of the petitioner and whether their action (which in the opinion of the ...
1. Executive Summary.. 4
1. Introduction.. 4
2. Porters five forces (Task 1). 5
2.1. Threat of Entry 5
2.2 Power of Suppliers. 6
2.3 Threat of Substitutes.. 6
2.4 Competitive Rivalry. 6
2.5 Power of Buyers. 6
3 PEST Analysis 7
3.1 Political Aspect 7
3.2 Economic View.. 7
3.3 Sociological View.. 8
3.4 Technological View 8
4. SWOT Analysis.. 8
4.1 Strength 9
4.2 Weakness 9
4.3 Opportunity.. 10
4.4 Threat 10
5. Marketing and Positioning strategies (Task 2) 10
6. Ansoffs Matrix (Task 3). 11
6.1 Market Penetration 13
6.2 Product Development 13
6.3 Market Development.. ...
This Journal aims at exploring the idea of opportunity as it regards to social entrepreneurship process. The article brings out this concept by first explaining the meaning of social entrepreneurship. To precisely define the meaning, the article explains a scenario where 13 families in Denmark moved into small trailers as they built their own homes from scratch. To do this, the families recycled unprocessed materials and used bricks or timber to come up with the houses. It therefore came to understanding the social entrepreneurs focus on enhancing social value rather than making profit. They use opportunities to overcome social ...
According to Mendel (653), the phenomenon of homelessness in a affluent society and actions of business leaders in Cleveland to address it provides the starting point of Daniel Kerr’s Homelessness and Urban Development in Cleveland, Ohio. Kerr makes immense contribution to aid our understanding on what most of the public and private civic leaders consider as intractable urban residential poverty, discriminatory public housing policy, contribution to Communist Party, urban renewal public planning, and costs to affordable housing.
Molinari et al. (487) and Mendel (653) agree that the homelessness is prevalent in United States and triggers challenge for veterans ...
Critically evaluate the macro and micro-competitive environments facing airline companies using module and framework?
For the micro-competitive environment, I will be analysing Ryanair against The Five Forces Framework. Under this framework, the competitive rivalry is linked to threats from potential entrants, bargaining power of buyers, threat from substitutes, and bargaining power of suppliers. The threat from potential entrants is relative less due to the nature of the aviation industry. The major reason being the capital required to start a new airlines. Any new entrant will have a well thought of strategy to take on Ryanair. From the case study it seems they have most of the things correct. Any new entrant, besides the ...
4.0 Structural Type that will maximize the Strategic Capabilities of eBay
4.1 Critical analytical discussion of structural theories
4.2. The structural and generic approach strategy
The major determinant into employing a triumphant competitive strategy is identifying the type of structure that a business embraces. There are diverse business strategies and each and every business must fall below a particular structure. It is also very significant to have a knowledge concerning a particular strategy and the conditions under which it functions. Functional structure is a type of structure that is mostly preferred for large business enterprises. Employees working under functional ...
Correspondence concerning this paper should be addressed to Student Name,
Drugs, alcohol, mental illness, and death are not words people would readily associate with beloved Hollywood actor and comedian Robin Williams. The demise and death of a beloved Hollywood actor is always shocking. Underneath the laughter and movie roles however, Williams was facing private issues that could not be seen on the surface. Williams struggled to maintain his sobriety from drugs and alcohol and suffered privately with mental health issues. Williams ultimately lost his battle with mental illness and committed suicide in August 2014, where he was found hanging ...
International business market is changing with increasing globalization as businesses face challenges in terms of competition hence a need to employ effective strategies to enhance their competitiveness. Therefore, an effective marketing mix is crucial in establish appropriate product positioning, pricing, distribution and promotion. In this respect, distribution strategies entail consideration of appropriate channel designs that would deliver an organization’s products to clients at the right place and time. In addition, promotion which entails advertising and other strategies requires creativity in order to deliver the products information to customers in a manner that is effective and suitable for the ...
Bronchiolitis is an infection in the lower tract of the respiratory system common amongst children. “The major cause of the infection is RSV (Respiratory Syncytial Virus) accounting for over 90% of infections in Australian children and infants” (Lenney 2009, p. 36). Globally, it is a leading cause of infant hospitalization being associated with increasing morbidity rates and costs in recent decades. For instance, it was reported that 21% of infants in North America developed the disease in the first year of their life, with an annual cost of $390 million annually (Checchia 2008). In the UK, the ...
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- Situation Analysis
Zumba Fitness is a business model that is aiming to make revenues and thereby profits from selling Videos of exercises.
- Zumba’s routine is unique and has the potential to become another successful global brand like Pilates
- Consumers or the target market for Zumba accept the product fully
- Zumba has an association and exposure with a great brand – Kellog’s
- Lack of organization structure
- Too small team trying to achieve a lot
- Lack of focussed marketing effort
- Dependence on ...
The Arab Spring has been going on for the last two years. While the peaceful protest that started in Tunisia was over in the country after about 3 months, it took Libya about 6 months to finally stampede over the authoritative regime of Kaddafi. Kaddafi’s fall however, did not actualize the desires of a liberal and progressive democracy. Libya’s revolution backfired as the absence of a central authority led to civil unrest and the rise of extremists’ movements. In Egypt, the fall of Hosni Mubarak in 2011 was seen as the culmination of freedom and the triumph ...
Natural and manmade disasters all have their own scary associations; for example, people who live in the south Asian nation of Bangladesh face the prospect of cyclonic storms each year that could potentially kill tens of thousands, if they don’t end up just destroying much of the year’s crops. Earthquakes such as the one that led to the 1906 fire in San Francisco are an example of a multi-phase disaster, in which one terrible event leads to another, no matter what interventions people attempt. Nuclear disasters are another example of this sort of multi-phase mayhem, as the ...
The Panama Canal is a 77.1 kilometer international waterway constructed by United States of America which was one of the largest public investments of its time. France started the project of the canal in 1881, but had stopped due to engineering issues and high mortality due to diseases like malaria. Later on the US took over the project and started construction in 1904 and was completed in 1914. This waterway links the Atlantic Ocean and the Pacific Ocean. The objective behind this project was to reduce shipping distance. The average time taken to traverse the canal is between 20 ...
No matter what type of business to start it always involves some risk rate. However, it is possible to establish less risky business. Therefore, it is necessary to perform analysis and decide how to launch the required business through the choice of effective option among business from home, part time business, selling products online, buy an existing business, buy a franchise, etc.
1. Buy an existing McDonald’s franchise or,
2. Create own shop called:”lakeside burgers”.
Factors to Be Considered
The choice of location is very important. Often people don’t have much time for the breakfast or lunch, so ...
Change has become important in this highly competitive and complex business environment (Burnes, 2004). Businesses face many issues and to management these issues; it is important to implement change. Thus, it is critical and decisive for businesses to continuously evaluate the business environment and initiate change to manage the situation and changing business environment (Anderson, 2010).
This report presents an analysis of one such organization, Wakewood, that is facing several issues, and the organization needs to initiate change. For this, there are a number of resistance and issues that the organization is facing including organizational culture, leadership style, organizational ...
Example Of Presence And Efficacy Of Inter-Agency Collaboration And Cooperation As Factors In Case Study
As the adage goes ‘Unity is Strength,’ so is the situation on the ground as far as crime detection and prevention are concerned. The notion of collaboration and cooperation by all the stakeholders in maintaining sanity, law and order in the affected areas has been very effective and efficient. These two concepts of collaboration and cooperation are well informed by the need to involve the very persons affected by the problem of insecurity and the menace of drug peddling and trafficking. These concepts, therefore, involve a scenario whereby several agencies come and work together towards accomplishing the ...
ANSWER # 1
The article by Steadman (1969) entitled “How Sexy Illustrations Affect Brand Recall” in the Journal of Advertising Research has much to offer to the experts of advertisements. The overall research methodology contributes effectively in defining the relationship of irrelevant and bizarre elements in add in order to explore the brand recall rate. However, the methodology has some limitations. First and foremost, the participants in study were all male and the material provided to the participants for the assessment of objective was pertaining to female only. This contradicts to the study findings of the Rudolph (1947) and the analysis and ...
Culture can be expressed best in the complex interactions of values, attitudes and behavioural assumptions of the society. Culture therefore, is the characteristics of particular groups of people defined by everything from knowledge, religion, social habits, art, law, morals and any other capabilities and character acquired by a person as a member of a given society. For a given culture to be an important concept in the management studies, we should be able to understand the culture concept and familiarise our self with it. (Francesco and Gold 1969).Therefore in this paper, I have discussed various dimensions of managing ...
2.0 Case study analysis
Compare and contrast the internal features of the organization when it was run by the MOD and Royal Navy (up to 2001) with when it was run by Babcock Marine (2002-2010).
Faslane was run by MOD and the Royal Navy up to 2001. The two organizational leaders focused on reducing the cost and improve the effectiveness of operations. By the year 200, Faslane did not achieve the expected growth forcing naval bases and MOD management to partner with other industrial firms. When Babcock took over from 2002 to 2010, the production cost was reduced and ...
Multi Agency Coordination
Multi Agency Coordination
As police officers responded quickly after the first plane crashed on the first WTC tower, there was no concrete plan what are they going to do, given that no one was expecting that kind of tragedy other than the terrorists themselves. After the first plane crash, police and the rescuers just did what the usual standard operating procedure was. They were not able to detect why the plane crashed on the first tower, they did not know that there was another plane crash approaching few hours after the first, and they did not know the total ...
In every organizational set up drama is bound to happen once or on many occasions. As Marlene Chism would have it, as far as human relationships are concerned or exist, there is potential for conflicts and drama. Human misunderstandings are common at workplace and require a lot of training and self-control to clear the differences. Managers have to understand that such misunderstandings will occur even among the best employees despite great hiring practices in the organization. It is part of the managerial function definition to identify the causes of such misunderstandings and applying the best decisions to solve the ...
The Case of Angelina Jolie
It may sound like a mere rumor but it is a verifiable fact that the celebrated Hollywood movie star, Angelina Jolie has been a victim of bipolar personality disorder. Born on the fourth day of June 1975, the actress, who is a favorite in the entertainment industry, was named Angelina Jolie Voights (Tracy, 2008). Voights, her father was an actor and had met Angelina’s mother in the movie industry as she was into the acting business as well. Angelina’s parents separated in the year 1976 following Voight’s infidelity tendencies. The breakup has been pointed out as ...
1.1 Zara Fashion Shop Background information
The textile and clothing industry continues to develop since the earliest days because people will always be in need of something to cover their nakedness. Zara Fashion Store started in 1975 as a small store in Spain. Presently the business has ventured into 77 countries and owns more than 1,700 stores worldwide. In the year 2010, Stores accumulated profit amounting to 8 billion Euros. The business model adopted by zara is different from others since it composes of several sectors and sub-sectors. It comprises of the manufacturing unit, the design sector, distribution unit and sales sector. In addition, Zara has many profession designers with good customer knowledge, and are capable of accessing all customer needs and adhere to their requests. This enables the company manage more than 18,000 different models each year (Westfield 2010). Figure 1 represents some of the fashions designed in Zara factories.
1.2 Opportunity for innovation in Zara fashion Stores
In reference to the above the store has managed to increase its sales capacity through innovation and proper management skills. The need for innovation in Zara was stimulated by the presence of company owned factories, combined with external suppliers with excellent experience in the textile industry. In addition, Zara had a team of professionals in the management sector who ensured all the available models got customers all over the world within a span of two weeks. With the current business environment, organization managers have a duty to come up with crucial decisions on how to carryout their business operations. There is a challenge on the high growth rate of the business environment due to globalization the advancement of technology. According to Daft & Marcic (2008), managers face challenges on daily bases since once they come up with a strategy it gets overtaken by another one within a short time.
Another opportunity for innovation in Zara was the development of textile operations that ensured the colours and material used to manufacture clothes were of the best quality. This ensured that the company offered exciting cloth designs and gave a better quality control of its products. The company now has 18 textile-designing-and-finishing operations combined with cloth manufacturing factories. In addition, Zara fashion company is more concerned with design than any other operation. Most customers prefer shopping from Zara stores since they offer different and quality designs thus meeting their demands (Tidd, Bessant, and Pavitt, 2005). Customers get satisfied from the services offered they in return bring about rewards to the business resulting to company growth. On the other hand, business managers should approach customers and make them like fashions, brands and designs offered in their organization. Creating customer value enabled the company retain most of its consumers and also acquire more. Zara Fashion Store undertook a number of processes in a bid to attain competitive advantage while serving its customers. Of great importance to them, is ensuring customer satisfaction because satisfied customers most often purchase again and tell other people about it (Kotler & Armstrong 2011).
2.0 Zara Fashion Store recognizes the opportunity for innovation
2.1 How the opportunity was recognized
Gaona developed a modernized management rationality that enabled him maintain the long-term survival for his company. According to Nalbuff/Brandenburger (1996), companies should always diversify their operations through sourcing out their services in order to maintain their competitive advantage, and avoid relying on only one line of production. Zara developed an in-house manufacturing strategy that ensured all the designs were developed and manufactured within the company. This prevented other textile industries from stealing their designs since Zara had patented its designs. Moreover, the use of in-house manufacturing system made the company manufacture old design models, but using the modern technology thus, maintaining culture, religion, and customers’ traditions. When it came to sourcing out the services, Gaona sent almost complete designs to other factories who could add some materials, like buttons and zips. Through this, the company had the opportunity of doing all the manufacturing and assembly of garments in its factories. In addition, while competitors like H & M and Gap developed their new designs in more than four months Zara spent only three weeks (Tidd, Bessant, and Pavitt, 2005).
2.2 Who recognized the opportunity
According to Tidd, Bessant, and Pavitt (2005), after working in a Spain textile company for many years without any success, Ortega Gaona came up with a decision to start his own fashion store in the year 1963. Gaona had invested a sum of 25 U.S dollars, which he used tom start a small company specializing in thes manufacture of pyjamas and lingerie. Years later the small shop expanded into a retail shop and later developed into a big fashion store called Zara. Another individual who recognized the opportunity was Lotte Freddie, the fashion designer who gave the company credit for its determination in creating designs featuring current styles, and sold at affordable prices. Freddie claimed that the successful growth of the company was due to innovation, but not the issue of low prices and standardization of operations. On discovering the opportunity in developing a fashion store Gaona first concentrated on one store in North Western Spain and developed it before opening up stores in other areas. According to Baden-Fuller, and Pitt (1996), developing innovations require an entrepreneur to have the capability of seeing connections and taking advantage of the available opportunities. Baden_Fuller and Pitt further argues that innovations does not only involve moving into new areas, but also designing perfect ways of offering the services required to the targeted groups (1996).
3.0 Zara Fashion Store innovation process
Zara Fashion Store developed very rapidly from a single factory manufacturing pyjamas and lingerie to big industry with fast turnaround clothing processes and managed more than 2000 stores in 52 countries. Zara’s innovation process ensured once a fashion was ready it was only allowed to stay in the display for only three weeks. The innovation started with the establishment of experienced managing team who possessed the necessary knowledge in the clothing and textile industry. Secondly, Zara developed an international business model that enabled it invest in other countries across the globe. In addition, the innovation process involved the purchase of high class, and technologically advance machines. This gave the company an opportunity to develop many garments within a short duration, which also adhered to the current fashion and style. Finally, the management made exclusive use of information and communication technologies in all parts of their operations. Customers could shop their fashions online and also place orders while in their homes. Also, most of communication was wireless whereby the company sales group could place the inventories on the internet for customers to view(Tidd, Bessant, and Pavitt, 2005). Figure 2 shows the change of allocation processes from the former to the new method.
4.0 Implementation of the innovation
4.1 involved teams
After realizing the need to offer more for his customers, Guona created a team made up of all the senior managers in the company. Each manager was responsible for a given department, but the most sensitive areas were on manufacturing, finance, and sales. The team held several meeting to discus the way forward whereby every staff member was given a chance to suggest an implementation that could assist the company succeed on the innovation process. Appendix I shows the company’s management structure lead by the founder as the chairman.
4.2 Critical areas for the innovation commercialization.
4.2.1 market selection and market entry
The management team at Zara recognized a need to expand their operations internationally as from 1988. The company opened new stores in Portugal, and New York in 1988 and 1990 respectively. Within six years the company had opened 225 stores in Europe, 406 in America, and 66 in Middle East/Asia. Appendix II shows the full details of the number of stores in each country. On the other hand, the selected team were on the keen look out for any market entry opportunity in a certain region and assessed means of getting there (Ghemawat and Nueno 2003). The company made use of demographic marketing selection strategy whereby fashion was used as the parameter. The market segment was developed in order to increase sales of products like, dresses, and handbags. The company management realized that most young people like such products and to attract them, they developed some promotions programs that made them purchase more of these brands. According to Lewis and Slack (2003), a business organization should aim at achieving high profits, but use cost effective ways that creates good customers’ value.
4.2.2 Sourcing and manufacturing
In order to concentrate on manufacturing quality designs Zara bought some of its fabrics, inputs and finished products from the external suppliers. In addition, the company sourced some of its work force from other companies where it owned stores. Zara opened a manufacturing firm in Hong Kong since they produce best fabrics and other raw materials. While the company manufactured about 40 percent of its products, the remaining 60 percent were sourced the suppliers in different countries. This enabled the country implement its innovations within a short duration since all the processes run as speculated and less was time taken to create designs. Most manufacturing processes took place internally since the company has 20 factories within Zara’s headquarters. The company had also a lot of expansion space to cater for future innovations (Ghemawat and Nueno 2003). According to Gereffi, outsourcing services enables an organization compete extensively in the international market since it reduces work load, and cost of production also lowers (2002).
Zara innovation strategy was promoted through offering designer-style garments at low prices in many different stores. The retailing department that consisted of merchandisers and store operators ensured customers always received the latest designs at all times. Merchandisers liaised more frequently with buyers to ensure that the purchased products achieved the targeted sales plan. This involves devising the necessary techniques by delivering the production plan to buyers, who in turn, come up with decisions on the products to buy, styles, and colors depending on customer needs. The merchandiser makes decisions on the amount of money to spend, the number of different lines to purchase together with their qualities, and setting selling prices that conforms to the expected profits (Retail Human Resource, 2011). Store operations played a part in maintaining the company’s face, while at the same time acquiring the necessary information. In order to achieve the innovations set, Zara located its stores in visible areas that included; shopping streets in busy markets, and upscale areas occupied by rich people. Over the years, relocation of stores occurred depending on customer availability.
5.0 Why the innovation was successful
Several reasons contributed to the success of Zara’s innovation process. The company was led by a team of determined people right from the corporate departments, business units, and business support areas. The team had a better understanding of the business environment and responded to all issues for the growth of the organization. Organizational environment consists of threats and opportunities that determines the success of any organization strategic plan (Future Seekers 2007). Moreover Zara had a perfect supply chain management that enabled it achieve all its endeavors without much delays, as is the case with other companies. H & G is among the many competitors that use a service system that is close to the Zara. Therefore; Zara evaluated its system and come up with an effective mechanism for achieving the competitive advantage. To achieve this means putting customer satisfaction ahead of any other activity in the system operations. Customer feedback helps significantly in identifying loopholes and areas of concern to customers (Moore and Pereek 2010).
The ability of organizations to adopt current Information Technology and use it effectively determines the success and future of the organizations (Bocij 2008). Zara, on the other hand, kept the spirit of undertaking extensive innovations on the side of IT in all its processes within and outside the manufacturing units. Finance department in a company assisted in giving the necessary funds for improvement of activities that aid in increasing profits. ICT defines the kind of market modality that exists in a given business environment by influencing the market forces of supply largely. This occurrence finds basis on organization, and effective coordination in the utilization of the kind of information gathered. Hence, fashions created had a healthy completion among suppliers, which made them concentrate on production of high-quality products, and carry out extensive innovations on the same. This ensures that consumers get quality goods and services.
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Hong Kong Disneyland has been opened for over a period of ten years .It is beautiful and attractive place to visit. Being so famous it still has many problems till today. Below discussion describes the issues faced by the Hong Kong Disneyland.
ISSUES FACED BY HONG KONG DISNEYLAND ARE AS FOLLOWS:
- With over emphasis on China market, Hong Kong Disneyland has focussed on China market for a long period. With the opening of Shanghai Disneyland this year, Hong Kong Disneyland predicts that they will lose 50 percent of tourist’s attendance.
- Brand image of Hong Kong Disneyland is diluting because it has created too many issues ...
- Worksheet entry figures
Cash flow figures and adjustments:
The price used for sales estimation is the £50/MWh tariff that is guaranteed by the government. On the other hand, the megawatts used for the two projects over the 15years period include 60,000 MWh for the small wind-farm and 120,000 MWh for the large wind-farm project.
Cash flow items from the profit and loss account
- Government grant cash-flow is accounted for in year 1 since it is received in the first year although spread over the 15 years for purpose of profit and loss computation. In that respect the grant receipts for the two projects is calculated as (30, ...
A health professional has the responsibility of ensuring maximum safety for all individuals within an organization regardless of their gender and backgrounds. Based upon the scenario the investigation process requires adequate resource for it to be effective. Therefore, the health officer is obliged to take into consideration the importance of setting up a communication process that would facilitate identification of potential or possible causes for the employees’ dizziness and feeling sick. This would increase the chances of conducting effective and proper evaluation of workers allegations. It is fundamental to state the major reasons for conducting an investigation. This normally ...
Organization and Knowledge Management
Egocentric viewpoint on social network denotes connections, which every person has with each other. A person’s social capital is distinguished with their direct relationship or connection with others, as well as connections that can be attained via direct ties (Sandefur, Rebecca & Edward 1998). The socio-centric approach posits that the social capital depends on an individual’s relative position in a given network, instead of a person’s direct relationship with individuals within the network. For instance, in an organization with people of software testers and software developers, there are dense of network in every group having multiple connections ...
Overview of the Home Depot and Interconnected Retail
The Home Depot and Interconnected Retail is one of the world's largest improvement chains. The management of the organization that included the senior leadership on the ground majored on a discussion that would best navigate the new and interconnected world of retail. The organization was founded in Atlanta, Georgia, where it first opened its first stores in 1979. The interconnections that have been created have worked to ensure that the organization grows to many areas to capture a wide platform of consumers who are considered as the main factors within the supply chain.
In an effort to create ...
While on his way to Hiroshima, it was around 7:30 a.m. when Captain William Parsons inserted the detonator along with the explosive charge into the bomb. It was around 8:16 a.m. (Japanese time) when the bomb exploded in Hiroshima over Dr. Shima’s Clinic. The glowing fireball had a temperature of about 50,000 degrees. Soon after this attack, another major city of Japan was attacked. It was basically the idea of General Leslie Groves, General Farrel and Admiral Purnell to launch two atomic bombs on Japan; the first bomb would demonstrate power and the second would tell the ...
I. EXECUTIVE SUMMARY
This paper is a study about Creative Edge Parties, a thriving catering and service company in New York. It has been in the industry, serving restaurant-quality food and service, for 25 years. Carla Ruben leads her team through the mission and vision of delivering quality events. It is estimated that the company profits $500, 000 to $1 million annually.It received the “Best Caterer” award via the Bizbash magazine, a publication on event planning. Despite this, the recognition as the most popular caterer goes to Le Pierre while the top rated company is Amoraco. This is through ...
Inevitably, globalization has now changed the entire working of the companies across the globe; however there are certain companies of the world which are continuously enhancing their productivity and level of efficacy in an effective and organized manner. The most common objective of every organization is to flourish their growth and effectiveness in different markets with different aspects. It is usually done with the method of gaining and providing certain competitive advantages to the consumers regarding the products (Du Plessis, Strydom & Jooste, 2012).
Strategies are more than essential for the sake of an organization, and it is more than ...
The move by firms to develop marketing strategies brings not only the profits, but also long-term consequences. One of the techniques most strategic managers employ in their daily activities is the consumer-driven marketing concepts. Strategic managers have to devise techniques that will create a unique retailing point. Cant & Strydom (2007) propose that for a firm to stay ahead of its competitors, it has to be market-oriented. They then put that is an organization that focuses on satisfying consumer wants & needs while meeting the company objectives.
This case study demonstrates how Al Jazirah: The Genius Inventor has expanded its services, ...
The Name of the Class (Course)
The Name of the School (University)
The City and State where it is located
Background of the Report
The NSW government introduced the Heritage Act in 1977. The introduction of the Act was in response to the community concern about the loss that the environmental heritage of the State was undergoing (Soutullo, 2010). The loss was heavily experienced in areas such as Woolloomooloo and Kings Cross. The local and State government agencies in conjunction with the local communities and professionals imparted heritage management skills to the citizens so as to meet this statutory obligation.
The governmental of NSW has ...
The educational transition from the traditional approaches to more digitalized approaches has been experienced across the globe. This is based on that educational curriculums have been altered to fit the trends in the modern society. In addition, educational institutions have embraced modernized modes of teaching. A major advancement in education is development of e-learning. This refers to the use of internet and computers for research and projects completion. The trend has been greatly influenced by the increasing preference from the governments, educational institutions and the students. Crain is of the assumption that e-learning has been developed to fit the ...
Gross domestic product of a commodity is its value in relation to the market price of that particular country, and it also indicated the living standards of that particular nation. The value of the gross domestic product can, however, is calculated using different formulae and they are; using the income, expenditure and production methods.
GDP=C+G+I+NX. C is the consumed product or the amount spent by the consumer; G is the total value spent by the government, I, the total of all the business expenditures of the county and NX is the net profits of ...
1.1 company’s profileAdventure Park is a theme park and water park situated in Wallington, Australia near Geelong. The park provides much attraction that includes water playgrounds and water slides. It was opened in the year 2006 and since then has stood out as the best and exciting theme park, Adventure Park, situated just 10minutes from Geelong. It offers exciting attractions, perfect for the whole family.1.2 Aims and objectives of Adventure Park.
- Provide ample and secure parking
- Easy access
- Provide popular and wide-ranging entertainments activity
- Creating a profitable entertainment firm and at the same ensure ...
- Q: Unilever now requires you to, thoroughly; review the strategic options available to it. The review may include those options currently being discussed in the media, or options not currently being considered (Refer pages 5 to 7 Unilever case study 1)
Unilever is one of the biggest global brands in the FMCG segment that has its headquarters in London. The global economic slowdown seems to have the FMCG major contexts to some extent. It has introduced some new business strategies for maintaining an advantageous step ahead of its competitors, crowd and other rival companies and organizations within the global ...
The performance of any employee is also highly dependent on motivation. According to the four factors model of work motivation, performance, outcomes and satisfaction, several conclusions and inferences could be drawn. This model explains that any employee in an organization naturally starts working motivated. Decrease or eventual lack of work motivation is a behavior adopted in the course of time which is attributed to misunderstandings among workers or even unattainable and unrealistic expectations. In the case of Joe, when he was newly employed, he was hardworking and generated work of high quality. He would contribute ideas concerning firm development ...