Business report on ZARA Essay Example | Topics and Well Written Essays - 1250 words

Business report on ZARA - Essay Example Zara operates in a highly competitive industry. In analyzing its external environment, this paper will use the PESTEL model, which details the various external factors that favor or affect the general performance of the company. The external factors in the analysis are political factors, economic factors, socio-cultural factors, Technological factors, Environmental factors and the legal factors in place (Brooks & Wilkinson, 2011, p.68). The PESTEL model generally measures the market of a company (Wetherly & Otter, 2011, p.10).Political factors The Governments and political parties in a country are key factors in the establishment of a political environment (Halbert & Ingulli, 2009, p.21). The Spanish government is relatively stable and has provided measures that boost the performance of businesses. Since the main production plant is in Spain, and it's being centralized, this makes it the backbone of the company. The favorable political environment made possible by the political stabi lity in the country and favorable government policies have been a key silent factor in the success of Zara’s production unit. In addition, the government tax policies and investment policies have been favorable for the past decade of its operation in Spain and can be attributed to influence the performance of Zara positively. The company faces normal economic fluctuations like other companies such as movement in interest rates, changes in foreign exchange rates and a shift in inflation rates.  ... Further, in its expansion into other countries of operation, the political support and stability was critically assessed before the decisions were made. Economic factors The company faces normal economic fluctuations like other companies such as movement in interest rates, changes in foreign exchange rates and a shift in inflation rates. However, Zara, for all its time of operation has only been dealing in a single currency. Though this had seemed to pose many transactional problems due to their large scale of operations, the company preferred to use a safer currency. This is believed to be the reason that Zara was not affected by the recession, which was caused by adverse movement in the dollar. Before its entry into new markets, the company evaluates the economic conditions of the country it wants to launch operations to ensure stability and relative predictability. Socio-cultural factors Social-cultural factors mainly include the cultural aspects in the region of operation includi ng factors such as population trends, the attitudes of the populations (Collison, 2003, p.32). Trends in socio-cultural factors have a great impact on the demand of a firms products and the operational processes of the company (Cadle & Yeates, 2010, p.33). For Zara, their element of trend chasing has led to them studying the cultural trends in terms of fashion and their attitudes towards dressing in order to give their customers a specific customised experience according to the region of operation hence gaining more market share. In addition, the company is located in a country that has firm cultural roots that contributes to its performance. Technological factors Technology is a key factor in the efficiency and effectiveness of business operations today (Kew &

Social Media Assignment Example | Topics and Well Written Essays - 500 words

Social Media - Assignment Example great deal of researches and investigations have been carried out in order to assess the usage of different social media networking websites among both the genders. It should be noted that as per the research conducted by Duggan and Brenner in 2013, it was noted that from the sample of 1802 participants out of which 846 were men and remaining were women, 16% of women used Instagram while it was 10% among men. This indicated that women made use of the Instagram service for sharing their photos more in comparison with men (Duggan and Brenner). There are couples of reasons behind the usage of Instagram by users. As per the research conducted by Sigala, Christou and Gretzel (2012), females tend to be more curious about the happenings and experiences of others. It is due to this reason that they follow millions of other users on Instagram. However, male participants indicated that they wanted to stay updated with the later products and events for which Instagram remains a very good medium (Sigala, Christou and Gretzel). The suggested methodology for the research is mixed approach where qualitative as well quantitative methods will be used. The mix approach is considerably significant in proving literature analysis with the help of statistics (Kumar). A survey questionnaire will be directed towards participants. The number of participants will be divided into two categories on the basis of male and female. The question that will be used to conduct analysis will be close-ended questions (Goddard and Melville). Relevant researches will be used to assess the investigations of the subject matter that has been done so far. Credible databases will be used to find journal articles, books, periodicals relevant to the subject. The conducted research will not be used for the purpose of financial gain and will only be conducted as a part of academic achievement. The research will be carried out after taking informed consent from the instructor. Secrecy of responses of

Discussion Questions Essay Example | Topics and Well Written Essays - 1250 words - 1

Discussion Questions - Essay Example Therefore, the id drives the individual towards making decision that will satisfy their need. For instance when one feels that they need drugs but they have to undertake a certain duty, then drugs will come first. However if the individual does not take the drugs the feeling will still remain there until they take the drug. The ego is the executive of personality as it mediates between the urgent urges of the id and the demands from the superego as stated by Rasmussen (32). For instance when one desires to use drugs the ego will intervene to make the individual know whether it is the right time to take the drugs. Therefore, the ego functions according to the reality principle hence it delays the immediate satisfaction until the appropriate time. Therefore, in the event of the urge to take drugs the ego will suppress that feeling until the right time. The superego embodies the ideals and principles of society as they are conveyed by what parents do and say. Within the superego, the conscience arises hence its role is to block the unacceptable urges by the society as stated by Sullivan (24). For instance when one feels like abusing drugs, the superego reminds the individual that the habit is not allowed and thus suppresses the feeling. This model aims at imparting information about drugs taking the assumption that children and adolescent will keep away from drugs after understanding their prospective risks. It also makes the assumption that the information will lead to students to developing negative attitude that will prevent them from abusing drugs. In brief the model speculates a casual series leading from knowledge (n drugs) to attitude change (negative) then to behavior change (non use) according to Abadinsky (226). The model seeks to shape personality. It centers on the person rather than the drugs and it assumes that young people with high self esteem can not abuse drugs. It also

Economics Essay Example | Topics and Well Written Essays - 1250 words - 4

Economics - Essay Example He displayed both mathematical dexterity and wide literary grace. As a good economist, Keynes took keen interest in statistical methods of solving economic problems and maintained strong vigilance on the activities that took place in the economy. He mastered the way of observing the particular details that occurred in an economy and then used these details to develop general economic theories. As a person, Keynes demonstrated a dazzling intellect and an arrogance which, to some appeared to be the result of dismissive elitism of the Victorian era. Three elements guided the thoughts and writings of Keynes. These three elements were his presumptuous egotism, his strong identification with the elite class to which he was born and his despise for the values held by the bourgeoisie class (Rothbard, â€Å"Keynes, the Man†). Keynes overweening egotism allowed him to get the confidence that he was capable of handling the intellectual problems that arose during the contemporary period a nd solving them with precision. He scorned at the general principles that went against his ego. This man strongly believed that he was destined to become the leader of the ruling elite class of Great Britain. Keynes dealt with the issues that arose in Britain with a sense of perceived self confidence. He occupied a â€Å"position of power and dominance† (Rothbard, â€Å"Keynes, the Man†). Besides, the deep hatred of the values held in the bourgeoisie way of leading life made Keynes rebel against the institutions and establishments of family life, that supported the notions of savings and prudence. He led the life that was characterized by â€Å"social intellectual rebellion† (Rothbard, â€Å"Keynes, the Man†), the life of an aesthete and a bohemian. Major contributions in the field of economics Keynes’s elucidated the causes of rampant unemployment that affected major economies around the world. In most of the countries, unemployment rates soared h igh and all efforts to reduce inflation rate failed to bring the desired result. Keynes was able to realize the looming shadow of depression that was going to envelop the world economy and argued that monetary policies would not be sufficient enough to combat the effects of depression (Snowdon and Vane 34). He suggested the policy measures, which would help in increasing the aggregate demand and reduce unemployment. Despite the optimism of the time during his youth, Keynes intellectual career started with his thoughts about recession that was about to hit the world economy after a period of economic boom. The Great Depression actually arrived in the mid 1930s, towards the end of Keynes life span. During his life, Keynes had made significant efforts â€Å"to make sense of the disruptions and crises that began with the First World War and continued through the Great Depression† (â€Å"John Maynard Keynes†). His theories made profound impact in the macroeconomic field of study. Microeconomics Micro economics deals with the theories of demand and supply in the market at the firm level. According to most economic thoughts, there is a departure between micro and macro points of view of the world and the market. There is a distinction between the way in which the

President Obama's Innauguration Address Assignment - 1

President Obama's Innauguration Address - Assignment Example When Obama refers to absolutism, he indirectly refers to the rigidity of republicans to embrace change. Obama has directly challenged the political ideologies of republicans that thrive of rigid principles and says that they must evolve with times to meet new challenges successfully. He is actually referring to the realistic values of American democratic process that is able to acknowledge change and innovate to ensure the fundamental values of freedom and equality to the people. President Obama’s inaugural address asserts his agenda for the current presidential tenure. He is serious in promoting universal healthcare, greater opportunities for marginalized population and new responses to face other challenges of times. New issues like climate change, gays’ rights etc. have also been included in his agenda. Indeed, issues like environment, sustainable development, diversity etc. require proactive participation of people and government which Obama claims as collective action. Obama’s strategy is clearly defined when he declares his allegiance to God and country and not to party and faction. He believes that he needs to think like a common man so that he is better able to understand their problems. Indeed, I believe that this approach would help him to push reforms, especially healthcare reforms and ensure equal opportunities so that poor can avail same opportunities for growth and

Financial System and Intermediaries Coursework Example | Topics and Well Written Essays - 750 words

Financial System and Intermediaries - Coursework Example Financial System and Intermediaries As our example, a commercial bank will take my 100,000 as my savings and on-lend to a loan borrower who will pay interest and commission from the loan. The bank will pay me a portion of this interest as my deposit interest. Private equity funds are funds from investors intended to be invested in a private company over a specific time and agreed returns. Mutual funds are collected from many investors as a collective pool to be invested and venture capital have a similarity with either mutual funds or private only that they are invested in small and medium entities or start-ups with high potential for growth. According to Harhoff and Lossen, 2007, Pension and provident funds are funds invested with an intention to earn the investor income after leaving employment and retirement. Modern day insurance firms do what has been explained above alongside traditional insurance coverage. Micro-credits provide micro-loans to small business people who might not afford big amounts of loans or have no security for loans. Members or a micro-loan working group often co-guarantee each other. All the financial intermediaries can take my 100,000 and trade with it in the ways just explained. A financial intermediary can still act as an intermediary to another financial intermediary if it acts as a collecting agent to on-lend to another financial intermediary. A good example is a bank collecting savings from the public and going ahead to invest in a mutual fund with portfolio investments.

Health communication Essay Example | Topics and Well Written Essays - 500 words

Health communication - Essay Example I can achieve greater success in the team through hard work to overcome the stress. I prefer feeling to thinking. The main reason for this is the need to maintain interpersonal relationships with other people. I always choose personal concerns about the welfare of others over impersonal facts and objective principle because it considers the points-of-view of persons involved in a situation. ‘Feeling’ enables one to maintain harmony and consider people’s values, unlike ‘thinking’, which requires the application of principles. Based on the article, the higher prevalence of â€Å"feeling† individuals in nursing is because of the need for harmony in the workplace. Those with a preference for ‘thinking’ endure less stress than those with a preference for ‘feeling’ (Nash, 2011). Nursing requires one to advocate for human-centered values that are in line with the way that people react and feel. It enables one to make individual exceptions for individual cases, as opposed to thinking, which requires one to stand firm to outlined principles and hold firm to policies. I agree with Anthony Espinoza that one can handle stress perfectly, depending on the situation. In addition, stress reduces a person’s level of focus, and it may hinder teamwork activities that require coordination of efforts. Feelings often override thinking because of the need to maintain interpersonal relationships. For instance, a nurse should be caring to patients, and they often achieve this through a display of feelings, despite the stress they endure in their long and exhausting work hours. I agree with Angela Bregstrom that a multitude of stress from different places is difficult to handle. For instance, if one experiences stress at the workplace, it is only right that they should not experience stress at home or at school. The ability of stress to arise from virtually all sectors makes it a variable that requires utmost attention before its