Multiple Choice
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
Correct Answer:
Verified
Q42: ROI is a term used to represent
Q43: Outsourcing production to third-party firms is called
Q44: Zara is susceptible to any disruption in
Q45: Why has Zara been more effective in
Q46: Zara also saves money by simplifying pricing.
Q48: How does RFID improve in-store customer service?
Q49: At Zara, clothes are ironed in advance
Q50: Many firms have developed innovative information systems,
Q51: Zara's IT expenditure, measured by IT workers
Q52: Zara's clothing look like high fashion, but