According to an Independent Study, Zara Books Some 85 Percent

question 16

Multiple Choice

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.

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Definitions:

Rod Function

The role of rod cells in the eye, primarily responsible for vision at low light levels (scotopic vision).

Cone Cells

Cells in the eye's retina called photoreceptors are crucial for seeing colors and achieving sharp vision in well-lit environments.

Binocular Vision

Vision using two eyes at the same time; responsible for depth perception when the visual fields of the eyes overlap.

Rhodopsin

A light-sensitive receptor protein found in the rods of the retina, critical for vision in low-light conditions.