1. With which of the international competitors listed in the case is it most interesting to compare Inditex’s financial results? Why? What do comparisons indicate about Inditex’s relative operating economics? Its relative capital efficiency?
GAP H&M Benetton Inditex
ROIC -0.15% 24.16% 11.20% 27.24%
Return on sales -0.06% 9.60% 7.05% 10.46%
COGS/sales 7
of their preventive maintenance program. Why could this phenomenon happening?
The basic reason of owner’s hesitate the PM program; is not easy to visible performance. First, the economic value of preventive maintenance is difficult to determine. One of the most important think of the owner is the cost. However, it is difficult to demonstrate the economic effects. Many preventive main
facilities (water and sewage)
Irrigation facilities
Communication facilities
1. Enhance construction
investment
Hyundai Research Institute : invest one trillion won, we can increase construction investment by 0.52%p
4. Increase Economic Efficiency
the long term effect of SOCI
ease traffic congestion
save the distribution expenses
provide stable energy supply
Logistics = “economic booster”
Logistics is a touchstone that shows the degree of modernization of a country and it also indicates national strength.
Logistics plays important role in social and economic development.
The development of the logistics industry has become the focus of attention by governments and academics
Reduce logistics cost improves technological conte
The Danish monarchy is the oldest existing monarchy in Europe, and the national flag is the oldest state flag in continuous use. It joined NATO in 1949 and the EEC (now the EU) in 1973. Once the seat of Viking raiders and later a major north European power, Denmark has evolved into a modern, prosperous nation that is participating in the general political and economic integration of Europe.