We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

Zara Incorporation as a Business - Essay Example

Comments (1) Cite this document
Summary
The case analysis initially requires following the indicated instructions and process outlined in the Zara CaseQuest (Doiron, n.d.). The paper is hereby presented to determine what business is Zara in and in the process, to describe both the business model for the industry and the business model for Zara. …
Download full paper
GRAB THE BEST PAPER
Zara Incorporation as a Business
Read TextPreview

Extract of sample
Zara Incorporation as a Business

Download file to see previous pages... The discourse would discuss the reasons why Zara’s business model could be disruptive to the apparel industry. Likewise, the essay would also describe how Zara’s business model is different from the others from a risk management perspective and why is this so important to Zara’s success. Amancio Ortega, considered the richest man in Spain, founded Zara in 1975 in La Coruna, Galicia, Spain. As revealed in the Zara CaseQuest (Doiron: Introduction, n.d.), “Zara is one of the most successful apparel manufacturing and retail business in the world today. They are not the biggest, but their profit margins and growth rates are industry leading” (par. 3). The task was explicitly stated as identifying what business is Zara in. To enable to accurately respond, one needs to follow the identified process with twelve distinct learning tasks, including expounding on the disruptive business model; the apparel industry business model (with Gap, as the proxy for players within the industry); the customer characteristics of Zara; the unique customer behaviors and behavior drivers; and finally Zara’s core competencies and its distinct business model to assist in responding to the task.
As a retail chain of Inditex, Zara’s major competitors were revealed as Gap, H&M, and Benetton (as shown in Exhibit 4 of the Case) (McAffee, Dessain, & Sjoman, 2007, p. 15). The case analysis would examine the business model of the apparel industry with Gap as the predominant player. Using comparative financial performance, the following bar chart would reveal the comparative performance of these firms using net operating revenues and net income within the apparel industry from 2001 to 2002: Figure 1: Inditex and Key Competitors: Net Operating Revenues in Millions for 2001 and 2002 Source of Financial Data: (McAffee, Dessain, & Sjoman, 2007, p. 15) Figure 2: Inditex and Key Competitors: Net Profits in Millions for 2001 and 2002 Source of Financial Data: (McAffee, Dessain, & Sjoman, 2007, p. 15) It can be deduced from the column charts that despite Gap’s reflecting dominance and leadership in terms of net operating revenues for both 2001 and 2002, one could observe that net income reflected in 2002 for both Inditex (Zara) and Gap are closely comparative; indicating their stiff competition despite differences in applications of business models. After reading the instructions and process outlined in the Zara CaseQuest (Doiron, n.d.), the paper is hereby presented to describe both the business model for the industry and the business model for Zara. The discourse would discuss the reasons why Zara’s business model could be disruptive to the apparel industry. Likewise, the essay would also describe how Zara’s business model is different from the others from a risk management perspective and why is this so important to Zara’s success. Zara’s Business Model Zara is a retail chain of Inditex, a multinational clothing retailer and manufacturer headquartered in La Coruna, Spain, that was founded in 1975 and designs and manufactures clothes for women, men and children according to customers’ desires. Zara eminently applies a disruptive business model, a theory originally adopted by Clayton Christensen from the concept of disruptive innovation. In Christensen’s official website, disruptive innova ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Zara Incorporation as a Business Essay Example | Topics and Well Written Essays - 1500 words”, n.d.)
Retrieved from https://studentshare.org/business/1396946-zara-incorporation-as-a-business
(Zara Incorporation As a Business Essay Example | Topics and Well Written Essays - 1500 Words)
https://studentshare.org/business/1396946-zara-incorporation-as-a-business.
“Zara Incorporation As a Business Essay Example | Topics and Well Written Essays - 1500 Words”, n.d. https://studentshare.org/business/1396946-zara-incorporation-as-a-business.
  • Cited: 0 times
Comments (1)
Click to create a comment or rate a document
uk
ukulas added comment 7 days ago
Student rated this paper as
Excellent paper! Used it to complete an assignment for a business course. It was easy as ABC, for the first time in my life.
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Business strategies of Zara

This paper presents a brief report on the management strategy of Zara and gives a detailed analysis of both the internal as well as external environments. In order to analyze the business environments, various business analysis tools such as Value Chain, PESTEL, Porter’s Five Force analysis etc will be included in the paper.

17 Pages(4250 words)Essay
Zara - spanish clothing company
Zara Spanish Clothing Company [Name] [Course] [Professor’s name] [Date] Operating in around 1,000 stores in more than 60 countries, Zara Clothing Company is one of the major companies owned by the Inditex firm based in Spain. Inditex is a rapidly growing clothes retailer in Europe.
4 Pages(1000 words)Essay
Zara Business
Zara Business. Zara is Spanish clothing and accessory retailer. It was founded by Amancio Ortega and Rosalia Mera in 1975. It is now one of the most successful clothing stores around the world. It all started in La Coruna, Spain which later became its headquarters.
3 Pages(750 words)Essay
Business report on ZARA
Zara is a world-renowned player in the clothing and fashion industry. The company came into existence in La Coruna, Spain, in 1975 through the actions of one prominent businessperson called Amancio Ortega who had a dream of taking over and revolutionizing the fashion retail industry. Today, it can be safely stated that Zara is a market leader.
5 Pages(1250 words)Essay
Zara
Zara is one of the leading and most popular Spanish clothing and the accessories retailers. It is the flagship brand of Inditex group. Inditex group is one of the world’s largest fashion retailers. The Inditex group owns several brands. Among all of the owned brands, Zara is considered as one of the most popular and accepted brand among the people around the globe.
6 Pages(1500 words)Essay
Retail at the speed of fashion (case study)
According to Jose Maria Castalleno, the chief executive of Inditex SA, the stock in the fashion industry is like food and it changes quickly. The trick of staying in the business is to reduce the response time. (Dutta, 2002) Supplier power- The
4 Pages(1000 words)Essay
Zara IT for Fast Fashion
The case study focuses on Inditex, Spanish retail giant, and the manner in which its largest retail chain, Zara, has been successful. The success is due to its flexibility, excellent fashions and application of a simple business model. As of 2002, Inditex had six separate distribution chains; Zara, Stradivarious, Oysho, pull and bear, Bershka and Massimo.
8 Pages(2000 words)Essay
What Business Is Zara
This essay analyzes Apparel Industries GAP Business Model. GAP analysis is the documenting of determined and approved variance between business requirements and the current business status. It reveals the factors of business that need to be improved. GAP analysis is done at strategic or operational level of business.
5 Pages(1250 words)Essay
Zara
Zara’s incorporation of RFID technology into their stores has helped to focus on their customer’s needs and wants (Bjork). RFID chips assist Zara to keep better track of its stock and replenish its clothing
1 Pages(250 words)Essay
Let us find you another Essay on topic Zara Incorporation as a Business for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us