Saturday, May 4, 2019
Evaluation of Zara, UK Essay Example | Topics and Well Written Essays - 1500 words
Evaluation of Zara, UK - Essay ExampleAccording to the report Zara is open to access large quantities of stock based on its leveraging and access to finances. It is a boosting factor for its work targets, by which it stands to gain finished the economy scale. Majority of its competitors do not have stable funds flow, hence they do not hold as much stock as Zara. An Example of such(prenominal) competitors is Mango. The second strength for Zara is the establishment of market and research through which it produces relevant and libertine moving products and services. Zara keeps a good track of the market products and identifies the relevant needs and specifications of customers. Zara does a proper market study through its marketing promotions and gathers the consumer opinions to enable the production sector to adopt the emerging customer requirement. Fast fashion stemma has thus favored Zara since it began its implementation of flexibility in production brands.This essay stresses t hatZara, like other fast fashion chemical chain stores in the UK has its weaknesses, which poses a risk of losses and a decline in its boilersuit performance. Zara runs a number of chain store subsidiaries in various parts of the UK, which are managed from a underlying administrative point. This leads to interference with the decision making processes. It means the decision making teams have to assess the situations of the chain stores distributed in many parts of the region before making proper decisions.
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