Zara Fast Fashion From Savvy Systems Coursework

Zara Fast Fashion From Savvy Systems - Coursework Example BBC in a business article described Zara’s advancement into the global market as beating expectations in each quarter (BBC, 2010). Tiplady described the rising of the company past the former leader in the industry, H&M (Tiplady, 2006). She dramatically expressed the rise as beating off the pants from the leader and everyone else. Fox described it as a global achievement story (Fox, 2011). The company’s innovativeness has been hailed as the spine of the Spanish success story (CNN, 2001). The image of the firm has looked incessantly looked up in the global stage. This is convoyed by a steady elevation of revenue indexes. The company’s size trebled from1996 to 2000, and then jumped from $2.43 billion in 2001 to $13.6 billion in 2007. By August 2008, sales overtook Gap, making Inditex the global leader in apparel retailing (Hall, 2008). The growth of the company has been proped by seven other brands, and Zara is unquestionably the firm’s crown jewel and growth engine, accounting for roughly 2/3 of sales (Murphy, 2008), opening a store a day and entering new markets in 68 countries so far. The chain’s profitability is among the highest in the industry (Sull and Turconi, 2008). The growth of the company is deemed to emanate from three innovating characteristics. All analysis reviews cite short lead times, lower volumes and more styles, as the drivers behind the company’s achievements. ... Additionally, the company strives to respond with swiftness to the demands of the market. The company’s visions are to be a part of the customer’s life, achieve a customer’s experience inside its shops and achieve a social action perception. Additionally, the company aims to contribute to the sustainable development of the society and the environment. Situational Analysis The apparel industry is a very dynamic industry. What is in demand today may be junk tomorrow. Unlike other industries, apparel manufacturing is work intensive rather than resource intensive. It is highly subjective to political factors; laws are passed which significantly affect the industry. Other dynamics include changing social trends, market development and global economic trends. Environmental Analysis The environmental analysis utilizes the PEST model. This evaluates the political, economic, social and technological factors affecting the apparel industry (Thompson & Martin 2005, p. 86). T he labor-intensive nature of the industry makes it dependent on such factors as employment laws and consumer protection. The employment laws are significantly complicated in developed countries. Regulations within this law which have hit the industry include the minimum wage and health protection laws. Coupled with globalization, this has led to companies shifting their production to developing nations. Investment in PPE has reduced across the industry. Developing countries have in turn opened up their countries in an attempt to boost FDI. There has been an improvement in the nature of international commerce laws which has attracted many companies to offshore production. One of the most devastating economic factors to the industry is demand. In 2007, demand in the

See details for specifications Essay Example | Topics and Well Written Essays - 1750 words

See details for specifications - Essay Example On the same note of laws, ethical issues, and nursing practice and decision making, this essay aims at comparing three articles within which these issues are addressed especially how legal and ethical factors usually affect clinical nursing practices and the consideration that nurses must consider in making decision within their practice. Article 1: Confidentiality, Secrecy, and Privacy in Ethics Consultation Gerald Neitzke (2007) conducted a research on Confidentiality, secrecy, and privacy in ethics consultation. According to Neitzke, confidentiality is likely to pose problems especially to counselors and he noted that these challenges are can be in two different ways including the uncertainty on the actual extent of the optimum practice and the problem in implementing the ethical practice within a nursing practice. Nonetheless, Neitzke noted in his article that the British association for the counseling had once published some codes of ethics to help counselors to resolve the dile mma. Additionally, Neitzke acknowledged that these counselors are sometimes challenged with the law as they undertake their duties (Neitzke, 2007). It should be noted that law and ethical values can only be breached in this situation if the client or patient feels that their confidentially have been interfered with without their consent. Therefore, Neitzke noted that if such dilemmas have to be minimized or eradicated, it is then vital for the medical practitioners in this case the counselors to seek permission to breach the confidentiality of their patients. Neitzke discussed three ways through which breaking of confidentiality is permissible and they include the counselor seeking the consent of the patient or client to break their confidentiality. Additionally, the counselor can break the confidentiality of the patient if such information regarded confidential are already in the public domain. Finally, a nurse which in this case if a counselor, may be at liberty to break person co nfidentiality if the public interest in the protection of such information outweighs personal interest in the disclosure or use of such information. It should be noted that if counselors are obliged legally to break personal confidentiality, they will be protected the law for such break (Neitzke, 2007). In the cotemporary world, keeping confidential information about client is usually vital for counselor especially for maintaining perfect relationship with clients and or maintaining their practice. Therefore, these professionals must only breach the confidentiality law in situations demanded by law; otherwise, they will lose trust from their clients; thus, interfering with their business and practice. In some cases, they may be taken to court to answer to their unethical and unprofessional behaviors. Hence, despite the fact that the law may give the nurse or the counselor in Neitzke’s case the right or protection to provide some private information about their clients, they m ust only do so without exterior motives or in a manner to harm their clients (Neitzke, 2007). Regardless, of the window that confidentiality in nursing and counseling practice can be breached