Sunday, February 23, 2020

Analyzing Global Products through the example of the H & M and Zara Essay

Analyzing Global Products through the example of the H & M and Zara industry - Essay Example This is done to avoid delays and over dependence on a particular country and less production within the system. The firm works with middlemen to offer the best to its consumers. The organization also considers the consumers using the product, and then it considers the middlemen who are the retailers and wholesalers that sell the products to consumers, and get feedback from the consumers. H&M level of product adaptation- packaging, pricing, promotion and ways of distribution Using the middlemen, the firm buys the right items from the suppliers and the right market. H & M has a creative experience in design and markets that considers fashion and textile. The company aims at working with the economical minds of its consumers. Distribution is the process of getting the organizations products to the consumers, and a channel of marketing that distributes the products around the market. The firm has a well distribution channel, and that it depends on the IT system to enable it work efficien tly in that it makes use internet strategies to improve on its production and development of garments. Lastly, the firm has a cooperate culture that works in harmony to make sure efficient sales of its products (Saminather, 2007). The firm distributes its products through direct sales that include those made to the beauty therapists, beauty pallor, supermarkets, and shops in town. Direct selling to the consumers allows the organization to be in charge of its prices, get responses from the clients, and take charge in the presentation of the products to the consumers. These direct sales make them sell their products to different consumers from different background. When the organization sells to retailers, they sell product directly to the retailers and the... The H & M industry is a Swedish industry that outsources the non core operations. The firm, a clothing industry, does not own any factory. The industry buys its products from a chain of suppliers that supply them with cloths. The Zara Company is the contradictory of H & M Company that also deals with cloths, and it is the first growing industry in Spain. The firm is owned by Spanish Inditex group. Zara has developed a unique business model and it has vertically merged the retailers; controls every step of the value chain, and it mainly outsources garments with a longer shelf/ fashion life. H&M business model focuses on outsourcing and Zara Company uses in-house model to increase its production. The business level entails the management directors, panel of directors, and business staff. The management function is to classify the delegation and goals of the business, establish what roles the company must be in charge of apportion of assets to the different enterprise areas of the company, and devise and execute strategies that extend over the businesses. The business level entails the leaders of the particularized business. Company leaders’ responsibility is to explain broad statements of intention at the business level into tangible strategies for particularized businesses. The two companies used the business level to implement their strategies that led to their success. The practical level consists of the business leaders of exact production operations. They build up practical strategies that aid the execution of the company and company -level strategic aims. They offer nearly all the new ideas that make it likely for the company and business -level wide-ranging managers to prepare strategies.

Friday, February 7, 2020

Identity theft Essay Example | Topics and Well Written Essays - 2500 words

Identity theft - Essay Example Personal data like Social security number, credit card number, bank account, etc. are not unique like for instance fingerprints and can be misused when they fall into the wrong hands. In the United States many people have suffered huge losses on account of unauthorized persons withdrawing funds from their bank or financial accounts and very often these persons who have stolen the identity have committed crimes and run huge debts using the victim’s identity. In short a criminal can use an individual’s identity to commit a wide range of crimes such as fraudulent withdrawal of money from banks, apply for credit cards and loans, fraudulent use of telephone calling cards, or buy goods or services which might not have been possible if the criminal had used his name hurry respond to "spam"  ­ or unsolicited email  ­ that request identifying data in the pretext of offering some benefits. Here people do not realize that in many of such cases the person who has requested for personal information has no intention of passing on any benefit to them. However Internet is not the only source. Misplaced or stolen wallets containing credit cards or other personal information, stolen laptops again containing personal data can prove easy targets for identity thefts. To prevent any kind of fraudulent use of one’s identity one must have a security policy and certain guidelines in place about what personal information should not be given to third parties especially through electronic means like the email. The guidelines to be followed are: 1) There should be no personal or financial details in any of the emails sent. 2) Open only those mails that have come from known persons or trusted parties. 3) All suspicious mails should be reported to the conce rned authorities. 4) Online passwords must be changed frequently and passwords that can be easily be hacked, such as those related to birthdays and