Answer:
WHY should Wearable Wishes (WW) compete with Zara especially in it's U.S. Market Base?
- Should Zara succeed in taking over most or all of the market share in the US, this would negatively impact Zara whilst strenghtening Zara to compete against WW in other markets. All they need do is modify their strategy to suit the demographics and psychograhics of the other markets where WW is present.
- Zara's US market is huge. Besides, if it's accepted there, the chances are that it will be accepted in other markets globally.
Therefore, WW's interest in the US must be preserved by initiating and sustaining strong competition against Zara for the US market.
HOW The best place to start from would be to execute a SWOT analysis for both companies if possible. WW should be concerned about how it can leverage a combination of its strengths and opportunities to outsmart Zara and woo the market over to its side whilst reducing or minimizing its weaknesses.
Another tool that will be very relevant in the above excercise is the Potters 5 Forces Framework/Analysis.
The above tool looks at competitive rivalry from the following perspectives:
- The ease with which potential competition can enter the market
- The influence of suppliers in the industry
- Substitute goods
- The influence of buyers in the industry
One key advantage that WW has over Zara is that Zaras offerings are limited to: Men, Women, Kids, Shoes and Bags. WW, on the other hand, provides all the above and more. Their include: Toys, threats and even animal items.
Cheers!
Answer:
The answer is: planning
Explanation:
Blueprint refers to a technical model that must be followed in order to achieve something. Setting up blueprint is really important to make sure that the restaurant's operational budget is not used for unnecessary things except the normal operation. It also consists of several steps that needed to be done in order to achieve more.
Answer: Parole evidence rule
Explanation: The parole evidence rule is an Anglo - American common law that determines what type of evidence can be brought forward when determining certain terms of an agreement (or contract). This rule basically states that once an agreement is finalised in writing between parties, then any evidence brought up against this agreement, whether it be orally or in writing, cannot change or add to the terms of the final exsisting contract (agreement) already drawn up. This applies to all written contracts regardless of whether it was stipulated in the contract or not.
Answer:
MRCORRECT has answered the question
Explanation:
Consumer entrepreneurshipinvolves the self-creation of user value. Consumers share and recombine resources with each other to seek opportunities to create value for themselves and for the other sharing peers
