1. An outline of a nation
A. Characteristics of a nation
a. Language
Spain’s official language is Spanish (español). It is spoken by the vast majority of its people. Spanish has two major dialects—Andalusian and Castilian—which differ in their pronunciation of certain sounds. In a number of regions of Spain other languages are also important. Catalan, a relat
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
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[Introducing Spain]
Stretching sun-drenched and untamed to the south of the wild and majestic Pyrenees, this passionate nation works a mysterious magic.
Spainis littered with hundreds of glittering beaches;flamenco dancers swirl in flounces of color and toreros(bullfighters) strut their stuff in the bullrings.
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Spain Fiestas
Tomato Festival
The "Tomatina" is t
Spain were seen as especially vulnerable due to high or rising government debt levels and a high government deficits relative to annual GDP.
Government surplus/deficit, 2002–2010
Government surplus/deficit, 2002–2010
MAIN SUBJECT
3. The Procedure of euro zone crisis
After introducing euro, sixteen euro zone country's trade balance is gener
SPAIN HAS…
Spain has the 2nd largest number of
UNESCO World heritage sites in the world.
~ 42 world heritages
Diverse cultural heritage
Rome Islam
Catholic
There are a variety of culture