Why Has Zara Been More Effective in Leveraging Technology to Enhance

question 45

Essay

Why has Zara been more effective in leveraging technology to enhance its operating strategies than its rivals? Provide an example to contrast Zara's handling of technology in its operations.

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Definitions:

Security Interest

A legal claim or lien on collateral or property, given by the borrower to the lender, to secure repayment of a loan.

Purchase-Money Security Interest

A legal claim that allows a lender to repossess or foreclose on property financed through debt if the borrower defaults, specifically relating to the item purchased.

After-Acquired Property

Refers to assets or property acquired by a debtor after the execution of a loan agreement which may subsequently become subject to the lender's security interest.

Buyer In Ordinary Course Of Business

Describes a purchaser who buys goods in good faith and without knowledge that the sale violates another party's ownership rights or interests.