High-End Fashion House Prada's Experiment of Implementing the Latest Technology

question 28

Multiple Choice

High-end fashion house Prada's experiment of implementing the latest technology in its flagship store failed because:

• A) Prada targeted technology investment only at points in its value chain where it would have the most significant impact.
• B) Prada managers were enamored with technology and failed to consider implications across all components of the new information systems.
• C) the effort was unlike Prada's signature style, being more functional than fashionable.
• D) Prada skimped on spending with its IT expenditure being lesser than one-fourth the fashion industry average.
• E) the RFID technology used on items in the store were not state of the art and suffered from legacy system problems.

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Definitions:

Job Demands

The physical, psychological, social, or organizational aspects of a job that require sustained physical and/or mental effort.

Labour Costs

The total expenditure borne by employers to compensate their workforce, including wages, benefits, and taxes.

Role Overload

A situation where an individual is expected to fulfill too many roles or tasks within a limited time frame, often leading to stress and reduced performance.

Job Insecurity

The fear or concern of losing one's job or facing a significant downgrade in job conditions, often reflecting broader economic conditions.