According to an independent study, Zara books some 85 percent of its products at full price compared to the industry average markdown ratio of 50 percent. This is made possible by:
A) keeping a major part of the production processes under direct proprietary control.
B) coordinating the outbound shipments of all Inditex brands with return legs loaded with return materials and half-finished items.
C) applying data analytics to purchase trends.
D) the practice of having limited production runs of its designs.
E) leveraging contract manufacturers to produce only staple items with longer shelf-lives, which account for one-eighth of dollar volume.
Correct Answer:
Verified
Q22: Which of the following is not a
Q23: Due to limited production runs, Zara's customers:
A)
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
Q28: An information system consists of ware, software,
Q29: How does Zara differ from its competitors
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
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