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Case Study The Global Apparel Chain - 1559 Words

Introduction The global apparel chain had been categorized as a typical example of a buyer-driven global chain. The Chain is operating independently and is responsible for its own strategy, product design, sourcing and manufacturing, distribution, image, personnel, and financial results. Zara was the largest and most internationalized chain of Inditex, which is its owner, and on account being a better established chain it expanded into neighbouring markets (Z8). Zara played the lead role in increasing the share of Inditex’s sales accounted for by international operations and it continued to be the principal driver of the group’s growth despite the expected slight drop in the share of the group’s total sales (Z9). Zara will be analysed based on strategic capability, core competences and assets routines and values criteria, predominantly on resource-based view. The resource-based view can be described as the competitive advantage of an organization explained by the uniqueness o f its capabilities (Johnson, Scholes, Whittington, 2005). In addition to this, by that the firms are recognized as internally heterogeneous and possess exclusive masses of resources (McGee, Thomas, Wilson, 2010). Furthermore, the resource-based view emphasizes the internal capabilities of the organization in formulation strategy to achieve a sustainable competitive advantage in its markets and industries (Henry, 2011). Strategic Capability Firstly, we assess and define Zara’s strategic capability.Show MoreRelatedA Companys Corporate Social Responsibility1589 Words   |  7 Pagesin to consumer confidence, the apparel industry illustrates both the best and the worst cases. Today’s consumers are more aware of how multinational corporations are incorporating or failing to incorporate CSR practices throughout the product lifecycle. This awareness has pushed companies in the apparel industry like Nike and Gap to evaluate current practices and incorporate socially responsible and environmentally responsible policies throughout their supply chain. Product Lifecycle The pushRead MoreUnder Armour Is Gaining Market Share And Challenging Nike2043 Words   |  9 Pages Abstract Under Armour is gaining market share and challenging Nike in the sports apparel industry. However, Under Armour is having major issues with inventory management and managing cost. Inventory cost has increased steadily over the past three years and is now at the point where it is out weighing revenue. UNDER ARMOUR: CHALLENGING NIKE IN SPORTS APPAREL 3 CASE DESCRIPTION Under Armour, Inc., was founded in1996, by Kevin Plank, by a former University of Maryland footballRead MoreZara Case Study : Zara Case2492 Words   |  10 Pages Zara Case Study Name Academic Institution Zara Case Study Executive Summary This case study (Ghemawat, Nueno, Dailey, 2003) of the Spanish retail apparel company Zara, one of the six retail brands owned by Spanish company Inditex, focused on a number of issues confronting the retailer. These issues arose mainly from the consideration that Zara defied many of the dynamics of the retail apparel market. Zara, unlike its competitors, owned most of its production as well as itsRead MoreZara International Case Study1000 Words   |  4 Pagesis Inditex and is considered the most successful retail chain in the world. Zara has a business strategy that is very different from the retailers nowadays. If a customer orders a product Zara’s distribution centers can have the items in the store within 24 to 48 hours of receiving the order, depending upon the country. The business plan that Zara’s executives made was very innovative and played a great part in the success of this retail chain. Not only has it been successful and profitable in theRead MoreCorpo rate Social Responsibility And Human Rights943 Words   |  4 Pagesbetter world through corporate self-regulation assimilated into a business module. CSR and Human Rights The global community expects companies to operate with due admiration for human rights. Beyond meeting regulatory requirements and social expectations in areas in which they operate, by proactively presenting more rigorous international standards such as the United Nations Global Compact, companies will reinforce their commitment to human rights. In 1998 the Secretary General of the UN, declaredRead MoreEssay on The Fashion Industry: Zara1467 Words   |  6 Pagessupply chain, need for more affordable cost and quality. This shows that fashion retailers are able to acquire a competitive power in the market through making sure through which they get their products to the market for the consumers (McAfee, Dessain, Sjoman, 2007). Consumers are hence able to get product easy and of high quality. Fast fashion has been able to meet the needs of consumers while trying to acquire major merchandize turnover to retailers than local rivals. The Zara case study reportedRead MoreTurkey s Textile Industry : Successes And Concerns2632 Words   |  11 Pagescorporations and global production chains. Global value chains â€Å"[describe] the full range of activities that firms and workers do to bring a product from its conception to its end use and beyond† (Global Value Chains). Firms are forced to make decisions reg arding where production takes place, and whether to make or to buy products necessary for the firm’s success. It is important to note, however, that there are two types of global production chains. The first is â€Å"the Producer-Driven Commodity Chain that [refers]Read MoreContextual Analysis of Uniqlo1001 Words   |  5 Pagesofficially Japan’s leading clothing retail chain. UNIQLO now has 1024 stores in 12 countries (Appendix 1). The operations are controlled by the parent company Fast Retailing Co. Ltd. Observe the strategy of UNIQLO, it base on SPA model which took place in the group’s structure and lead them to become the top brand in Asia during the downward spirals of global environment. * UNIQLO Business strategy To become one of the top clothing retailer in the competitive global markets. UNIQLO has refined its SPARead MoreCase Study : Patagonia, Inc.1633 Words   |  7 PagesYvon Chouinard, originally as a small company called Chouinard Equipment that made climbing tools and gear. It now focuses on manufacturing durable top of the line outdoor based apparel for those who enjoy being outdoors as well as general apparel. The change from manufacturing climbing equipment to producing outdoor apparel was due to the environmental concerns of Mr. Chouinard. The equipment that was being created was then being used by rock climbers who were unintentionally damaging the rocks. ThisRead MoreSustainable Fashion Supply Chain: Lessons from HM6439 Words   |  26 PagesSustainability 2014, 6, 6236-6249; doi:10.3390/su6096236 OPEN ACCESS sustainability ISSN 2071-1050 www.mdpi.com/journal/sustainability Article Sustainable Fashion Supply Chain: Lessons from HM Bin Shen Glorious Sun School of Business and Management, Donghua University, Shanghai 200051, China; E-Mail: binshen@dhu.edu.cn; Tel./Fax: +86-216-237-3621 Received: 15 July 2014; in revised form: 15 August 2014 / Accepted: 19 August 2014 / Published: 11 September 2014 Abstract: Sustainability

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3. Depreciation percentage=$1,640,200/$15,411,620 = 10. 64% New Fixed Assets=$15,411,620 + $30,000,000 = $45,411,620 $45,411,620*. We will write a custom essay sample on SS Air or any similar topic only for you Order Now 1064 = $4,831,796 new depreciation Pro forma Income Statement Sales ($36,599,300*1. 12)$40,991,216 Cost of Goods Sold ($26,669,496*1. 12) 29,869,836 Other Expenses ($4,641,000*1. 12) 5,197,920 Depreciation 4,831,796 EBIT 1,091,664 Interest 573,200 Taxable Income 518,464 Taxes (40%) 207,386 Net Income $311,078 Dividends ($311,0786*0. 30)$93,323 Add to Retained Earnings $217,755 Pro forma Balance Sheet AssetsLiabilities and Stockholder’s Equity Current AssetsCurrent Liabilities Cash ($396,900*1. 12)$444,528 Accounts Payable ($844,550*1. 12) $945,896 Accounts Receivable ($637,560*1. 12) 714,067 Notes Payable 1,928,500 Inventory ($933,400*1. 12)1,045,408Total Current Liabilities 2,874,396 Total Current Assets $2,204,003Long-term Debt $5,050,000 Fixed Assets Net Plant and Stockholder’s Equity Equipment $45,411,620 Common Stock $322,500 Retained Earnings 9,451,685 Total Equity $9,774,185 Total Assets $47,615,623 Total Liabilities and Stockholder’s Equity $17,698,581 EFN=$47,615,623-$17,698,581 = $29,917,042 Since the fixed assets have increased at a faster percentage than sales, capacity utilization for next year will decrease because the addition of the new line would expand capacity much more than would normally be required. How to cite SS Air, Essay examples

The Excess Of Men In The Mishnaic Tractate Yoma Essay Example For Students

The Excess Of Men In The Mishnaic Tractate Yoma Essay The Excess of Men in the Mishnaic Tractate YomaAaron shall lay both his hands upon the head of the live goat and confess over it all the iniquities and transgressions of the Israelites, whatever their sins, putting them on the head of the goat; and it shall be sent off to the wilderness through a designated man (Leviticus 16.20). He who set the Azazel-goat free shall wash his clothes and bathe his body in water; after that he may reenter the camp (Leviticus 16.26). The preceding two quotes were the only mention of any people other than Aaron who were involved in the activities on the Day of Atonement. However, in the mishnaic tractate Yomah the mishnaic authors mention at least 50 other men who participate in the days events. It is unclear for this addition. Noticeably the groups of men are broken up into two distinct categories. The high priest is apparently trained, guided, and even observed by a group of elders of the court who eventually deliver him to the elders of the priest ho od. The other group, was a group of men who completed many of the chosen High Priests simple minded and non exertive tasks. There is no specific name classification given to these men. This may be exemplary of their unimportance in the holy doings of the day. Unlike the need for elders of the court and priest hood, the necessity of these men is a bit unclear. It is unclear in the mishnaic tractate Yoma, as to why the many tasks performed by this nameless group of men could not just have been performed by the High Priest himself as it was by Aaron. The authors of this text write that another priest was made ready in his stead lest aught should befall him to render him ineligible Also another wife was made ready forPage 2him lest his own wife should die (Yoma 1:1) Obviously one of the concerns for extra people in this days events is to assure that no matter what happens the show must go on. They delivered unto him elders from among the elders of the Court, and they read before him out of the prescribed rite for the day; and they said to him, My lord High Priest, do thou thyself recite with thine own mouth, lest thou hast forgotten or lest thou hast never learnt. On the Day of Atonement in the morning they make him to stand at the Eastern Gate and pass before him oxen, rams, and a sheep, that he may gain knowledge and becomes versed in the Temple-Service (Yoma 1:3). The elders were obligatory as they coached the chosen High Priest in what to do on the Day of Atonement. The authors make note of the elders assistance in Yoma 1:6 where they write If he was a sage he used to expound the Scriptures he read, and if not they read before him. If he was versed in reading the Scriptures he read, and if not they read before him. Once again, the theme of the day, show must go on distinguishes itself as the authors of this text write that if it should happen that the High priest is unable to read the particular text of the holiest day of the year then there will be others to assist him in doing so. The Prefect was on his right and the chief of the fathers house on his left. If the lot bearing the Name came up in his right hand, the Prefect would say to him, My lord High Priest, raise thy right hand; and if it came up in his left hand the chief of the fathers house would say to him, My lord High Priest, raise thy left hand. (Yoma 4:1) The preceding was yet another example of how the chosen high priest was aided in his holy prayers by other holy learned men. .uf078fd496b3862f627e17030198fc0c2 , .uf078fd496b3862f627e17030198fc0c2 .postImageUrl , .uf078fd496b3862f627e17030198fc0c2 .centered-text-area { min-height: 80px; position: relative; } .uf078fd496b3862f627e17030198fc0c2 , .uf078fd496b3862f627e17030198fc0c2:hover , .uf078fd496b3862f627e17030198fc0c2:visited , .uf078fd496b3862f627e17030198fc0c2:active { border:0!important; } .uf078fd496b3862f627e17030198fc0c2 .clearfix:after { content: ""; display: table; clear: both; } .uf078fd496b3862f627e17030198fc0c2 { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .uf078fd496b3862f627e17030198fc0c2:active , .uf078fd496b3862f627e17030198fc0c2:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .uf078fd496b3862f627e17030198fc0c2 .centered-text-area { width: 100%; position: relative ; } .uf078fd496b3862f627e17030198fc0c2 .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .uf078fd496b3862f627e17030198fc0c2 .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .uf078fd496b3862f627e17030198fc0c2 .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .uf078fd496b3862f627e17030198fc0c2:hover .ctaButton { background-color: #34495E!important; } .uf078fd496b3862f627e17030198fc0c2 .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .uf078fd496b3862f627e17030198fc0c2 .uf078fd496b3862f627e17030198fc0c2-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .uf078fd496b3862f627e17030198fc0c2:after { content: ""; display: block; clear: both; } READ: Nuremberg Trials Essay Page 3While assisting and teaching the prayer to the chosen high priest of the Yom Kippur holiday, the elders kept this chosen man in line as well. If he sought to slumber, young members of the priesthood would snap their middle finger and say to him, My lord High Priest, get up and drive away sleep this once by walking on the cold pavement And they used to divert him until the time of slaughtering drew near (Yoma 1:7) The addition of these learned men was quite beneficial in the days (Yom Kippurs) events as they assisted in prayer (should it be forgotten or not even known by the chosen high priest) and made sure that the high priest did not get lazy. However, it is unclear as to the addition of numerous unnamed men who took part in the petty tasks of the day, Yom Kippur. These tasks were not at all difficult and the men who performed them never received a name or even a higher classification. This was exemplary of their non-importance for the higher cause.and he the chosen High Priest gave it to the one that should stir it up on the fourth terrace of the Sanctuary so that it should not congeal (Yuma 4:2) They brought out to him the chosen Holy priest the ladle and the fire-pan and he took his two hands full of incense and put in the ladle (Yoma 5:1) Then they brought him the chosen High Priest his own raiment and he put it on. And they went with him to his house (Yoma 7:4). The italicized words refer to the extra men mentioned within the Yoma text that performed simple tasks. Whichever task they performed it was only to assist the high priest, physically, in a task that would come next Page 4that would be more complex than the on e they had just performed. Through the mishnaic tractate Yoma text, that statement reiterates itself. They brought him the chosen High priest the he-goat. He slaughtered it and received its blood in a basin(Yoma 5:4). One might certainly assume that perhaps they were there in order to assist a man of great importance and to complete frivolous activities that only wasted his time in completing more important activities of the day. However, that would only require a few assistants. The Yoma readings show that there were more than a few men used for more than several activities of the day. Many of the times these men might have been priests, but yet again it is unclear why it was necessary for so many of them. Ranging from Yoma 2:3 till Yoma 2:7 there are at least ten different activities performed each by at least seven different men. The Daily Whole-offering was offered by nine, ten, eleven, or twelve priests, never more and never less. Thus it was itself offered by nine; a the Feast of Tabernacles one held in his hand the flagon of water and so they were ten; in the afternoon it was offered by eleven, the Daily Whole-offering itself by nine, while two held in their hands the two faggots of wood; on the Sabbath it was offered by eleven; itself by nine while two held in their hands the two dishes of frankincense for the Shrew bread, and on a Sabbath that fell during the Feast of Tabernacles another held in his hand the flagon of water (Yoma 2:5). Page 5Many times even one activity was broken up into several activities. A ram was offered by eleven: the flesh by five, and the inwards, the fine flour, and the wine by two each (Yoma 2:6). One might actually understand the need for assistants on this day. It remains unclear as to why so many assistants were necessary. Consider the following possibility as to why this might have been so. Everyone wanted a part in the process of the days events of purification and transgression of sins. Maybe they felt that participating would help them even more in achieving repent ion on that holiest of holy days. These Israelites certainly wanted to be included in these activities, there is no doubt in that statement. Before time whosoever was minded to clear the Altar of ashes did so. If they were, many they used to run and mount the Altar-Ramp and he that came first within four cubits secured the task. If two were equal the officer said to them, Raise the f inger (Yoma 2.1). At times people were so anxious to participate that people got hurt. It once happened that two were equal and they ran and mounted the Altar- Ramp; and one of them pushed his fellow so that he fell and his leg was broken; (Yoma 2:2). .u53d90ae50c8e29f70bfc1c185f9431ca , .u53d90ae50c8e29f70bfc1c185f9431ca .postImageUrl , .u53d90ae50c8e29f70bfc1c185f9431ca .centered-text-area { min-height: 80px; position: relative; } .u53d90ae50c8e29f70bfc1c185f9431ca , .u53d90ae50c8e29f70bfc1c185f9431ca:hover , .u53d90ae50c8e29f70bfc1c185f9431ca:visited , .u53d90ae50c8e29f70bfc1c185f9431ca:active { border:0!important; } .u53d90ae50c8e29f70bfc1c185f9431ca .clearfix:after { content: ""; display: table; clear: both; } .u53d90ae50c8e29f70bfc1c185f9431ca { display: block; transition: background-color 250ms; webkit-transition: background-color 250ms; width: 100%; opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #95A5A6; } .u53d90ae50c8e29f70bfc1c185f9431ca:active , .u53d90ae50c8e29f70bfc1c185f9431ca:hover { opacity: 1; transition: opacity 250ms; webkit-transition: opacity 250ms; background-color: #2C3E50; } .u53d90ae50c8e29f70bfc1c185f9431ca .centered-text-area { width: 100%; position: relative ; } .u53d90ae50c8e29f70bfc1c185f9431ca .ctaText { border-bottom: 0 solid #fff; color: #2980B9; font-size: 16px; font-weight: bold; margin: 0; padding: 0; text-decoration: underline; } .u53d90ae50c8e29f70bfc1c185f9431ca .postTitle { color: #FFFFFF; font-size: 16px; font-weight: 600; margin: 0; padding: 0; width: 100%; } .u53d90ae50c8e29f70bfc1c185f9431ca .ctaButton { background-color: #7F8C8D!important; color: #2980B9; border: none; border-radius: 3px; box-shadow: none; font-size: 14px; font-weight: bold; line-height: 26px; moz-border-radius: 3px; text-align: center; text-decoration: none; text-shadow: none; width: 80px; min-height: 80px; background: url(https://artscolumbia.org/wp-content/plugins/intelly-related-posts/assets/images/simple-arrow.png)no-repeat; position: absolute; right: 0; top: 0; } .u53d90ae50c8e29f70bfc1c185f9431ca:hover .ctaButton { background-color: #34495E!important; } .u53d90ae50c8e29f70bfc1c185f9431ca .centered-text { display: table; height: 80px; padding-left : 18px; top: 0; } .u53d90ae50c8e29f70bfc1c185f9431ca .u53d90ae50c8e29f70bfc1c185f9431ca-content { display: table-cell; margin: 0; padding: 0; padding-right: 108px; position: relative; vertical-align: middle; width: 100%; } .u53d90ae50c8e29f70bfc1c185f9431ca:after { content: ""; display: block; clear: both; } READ: Narrative of the Life of Frederick Douglass EssayThe high priest would pray for them and, say: O God, thy people, the House of Israel, have committed iniquity, transgressed, and sinned before thee. O God, forgive, I pray, the iniquities and transgressions and sins which they people, House of Israel, have committed and transgressed and sinned before thee; as it is written in the law of the servant Moses, For on this day shall atonement be made for you to cleanse you: from all your sins shall ye be clean before the Lord. And when the priests and the people which stood in the Temple Court heard the Expressed Name come forth from the Page 6mouth of the High Priest, they used t o kneel and bow themselves and fall down on their faces and say, Blessed be the name of the glory of his kingdom for ever and ever! (Yoma 6:2). The assumption of their desire for cleansing of sins proves itself definite from the preceding paragraph. The desire to participate in these activities might not only have been to cleanse one self. The authors of Prov 107 and lbid wrote the memory of the just is blessed but the name of the wicked shall rot. (Yoma 5:II)The authors of the mishnaic tractate Yoma display a large number of men used in the activities of the day. These men can be separated into two groups of men. These two groups are the learned elders of the society that assist the chosen high priest in completing the prayer part of the day as well as making sure he does not slack off at any point. The other men not entirely described by the mishnaic authors as to what their place in society is, assist in the physical labor of the day. It is understandable as to their benefit. Yet , it is unclear as to why it is necessary for the great amount of them. From the text with in the mishnaic tractate Yoma it appears that people feel that participation in the events of the day delete their sins. The other possibility is that they want to participate in the days events so that they me blessed for taking part in such holy activities. Category: Religion