MAHAM NAZIR F2018005061 Mid Term Exam Total Marks 20 Management Information System

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MAHAM NAZIR F2018005061

Mid term Exam


Total Marks 20
Management Information System
Select 5 companies of your choice

1. Compare their competitive advantage, innovation, customer care, and Idea of management.

COMPANIES COMPETITIVE ADVANTAGE INNOVATION CUSTOMER CARE IDEA OF MANAGEMENT

NIKE Nike is a world-renowned Nike's new strong focus is Nike is a customer-focused The main goal of Nike's
sports company, known for innovation in its business product. The company has management is to build a
its long-term competitive plan. It invests in research used several methods to strong culture of innovation
advantage. Nike uses and development, to learn increase customer loyalty. in the organization so that
different technologies to about customer In addition to investing in it can move forward with
improve its market by preferences and fashion construction and quality, the competition. Below are
creating a "market niche" trends. Sports productions the product also used a some of the ways Nike
using information have increased dramatically good business strategy and management has
technology to focus on the in recent years. People focused on customer developed a strong sense of
specific market, Nike uses want stylish and durable service. customer purpose and motivation
information technology to products. That’s why design preferences change rapidly. among employees, in the
differentiate products and is a new focus on Nike and Nike is focused on research long run, leading to their
provide new products and its rivals like Adidas and and innovation to bring success and success in the
services to its customers. Under Armor. However, new designs and styles that long run.
Nike has a variety of apps compared to Under Armor, increase the popularity of
that have improved its both Nike and Adidas are its products. it also focuses
competitive advantage more aggressive in terms of on its pricing, sales, and
such as Nike + devices, Nike growth and development. marketing plans to deliver
+ app, etc. the best products for its
customers
Louis Vuitton has their LV improve brand value The Louis Vuitton product LV have better logistics
Louis Vuitton competitive priorities such innovation, develop a co- is a style and category methods for ensuring that
as high quality, branding, use the fame of statement, so customers there are no damaged
craftsmanship, and product the designer, develop new are happy to pay the products, no out of fashion
value. The volume of styles of products for the highest prices. The products, and the number
customers in this category brand, reach a new client apparent value of the of unsold goods has been
will be below. They are segment confirm that the product is so high that decreased. As a short-term
looking for luxury products brand is in. consumers feel they are method of solving the issue
at a premium price and are getting a great deal despite is that the company
expecting a wide range of the high price. Therefore, through the department of
products delivered with a the company’s high pricing marketing and sales should
few lead times and the strategy is still valid. ensure that proper sales
highest customer service. records of all products as
been put in place.
Adidas Getting the most At adidas, innovation is at Adidas as a global company Management should be an
competitive advantage is the core of all products. has a large customer base important focus area of any
Adidas' biggest concern The choice of materials and around the world. Its global product striving to
because it has to compete how they are manufactured customer base is growing gain a leading position in its
with big competitors like are the two main ways by rapidly due to renewed industry. Adidas also
Puma, Nike, New Balance, which their innovation focus on marketing and manages its supply and
and others. It has gained a teams can influence the business strategies. The resources from a wide
competitive advantage by environmental footprint of product is focused on areas range of suppliers located
adding value to its products. where most of its in various parts of the
products. It focuses mainly customers live. They are world. To control its
on customer quality using thinner and lighter production costs, the
products. The competitive material for their products product has shipped about
advantage revolves around and made eco friendly 100 percent of its product
the placement of the products for their to private suppliers.
product within the customers.
consumer's mind, which
answers why consumers
buy their product among
many other alternatives.
Gucci Gucci's competitive Gucci is able to translate its The Gucci-targeted market Gucci became a star brand
advantage lies in its ingenuity into social media includes mainly celebrities, in just a few years. It is an
exceptional quality, unique that cuts audio with bright the rich, fashionistas, and example for what can be
products, global product colors and powerful images seniors. The customers achieved with consistent
awareness, and customer that allow its account to have now been expanded brand management.
loyalty. For this reason, stand out. to include middle and Because it builds everything
Gucci has a competitive upper middle-class women based on its brand DNA,
advantage, where customer who would not be able to Gucci enjoys the highest
willingness to pay is higher, afford a high-quality level of credibility.
paired with higher costs, product.
compared to the reference
Zara Zara makes a competitive Zara's innovation is not The customer is the most Zara follows a drag model
advantage by providing limited to products. Use fashionable and trend- in its management and
customers with stylish creative approaches to loving, living in an urban asset sales. They build up to
clothes at affordable prices. improve and improve area. They buy for 1000 designs every month
A team of 200 designers productivity, supply chain themselves or for their based on store sales and
responds by turning the management, data children. Zara's customers current trends. Zara has a
latest fashion into tracking, inventory are undoubtedly quick profit, they produce a
products. management, store sympathetic to having high- small amount of value for
structure, and staff quality and fashionable every product
performance clothes and accessories but
at an affordable price.

2. Discuss their idea of team work and collaboration

COMPANIES TEAM WORK AND COLLABORATION


NIKE Nike focuses on things like leadership, collaboration. Almost all of their
corporate employees work in teams because Nike believes the best way
to create really new ideas is to work with a diverse group of people.
Louis Vuitton LV believe transparency and teamwork creates success. They hosted
workshops and trainings from their LV experts to share and discuss their
specific goals. They hear from people, so they provided unique
brainstorming spaces for teams to come together cross functionally and
develop solutions to shape to business that will be implemented this
year.
Adidas The Adidas workshop offers a variety of activities performed by
employees throughout a given day. There are focus areas and areas
where art and teamwork are a priority. However, there are various back-
and-forth facilities to be inspected at PITCH, which staff will check
Gucci Gucci offers a strong corporate culture that fosters commitment and
teamwork while promoting collaboration, communication, and
collaboration - which translates into a positive employee experience
Zara Zara has a great place to work. There is little sovereignty within the
organization. For example, store managers not only stay in the office but,
rather, meet with sales clerks and look for handicrafts. At a busy time of
year, all employees; from regional managers to store sales clerks to assist
with sales. This creates a sense of belonging, teamwork, and solidarity.

3. Explain new product and services


All of these brands have clothing and other accessories and every one of them launched their new volume of clothing.
4. And what they did to succeed?

NIKE Nike has been successful because of its marketing strategy, product
recognition and research in changing customer needs.
Louis Vuitton Louis Vuitton continues to success and thrive because it meets the
needs of its customers.
Adidas Adidas' success is focused on its customers and Adi Dassler's love for
improving the quality of athletic equipment. Throughout their product,
use active relationships to build their brand image and build trust with
their customers
Gucci Creating an effective communication strategy. With 40.4 million
Instagram followers Gucci has the largest fan base of luxury. The use of
Gucci social media platforms has been a key factor in its growth
Zara Zara's success is largely driven by her ability to keep up with ever-
changing fashion trends and show off in her collections with very little
delay.

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