How does Zara differ from its competitors in converting ideas into products?
A) Zara concepts appear in stores in fifteen days on average compared to rivals who receive new styles once or twice a season.
B) Zara's ideas are inspired by social media, compared to the intrinsic design processes followed by its competitors.
C) Zara's design and concept teams use data from customers to predict fashion trends many months into the future and stock up inventory accordingly, as opposed to its rivals.
D) Collaborations with celebrities help Zara churn out a limited, yet profitable, volume of items every year, while rivals produce a higher volume of less fashionable items.
E) By focusing on a smaller number of products than rivals like Gap, Zara manages to limit exposure to wrong guesses.
Correct Answer:
Verified
Q24: Zara's IT expenditure, measured by IT workers
Q25: Limited production runs ensure customers do not
Q26: Zara's staff members regularly collect data from
Q27: According to an independent study, Zara books
Q28: An information system consists of ware, software,
Q30: Zara's high fashion styles are inspired by
Q31: Zara's use of technology across the value
Q32: Goods to be further customized based on
Q33: Zara encourages employee use of technology by
Q34: Zara store staff gain as much as
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