Management Glossary » Page 2

Capacity Planning – Definition and Importance

What is Capacity Planning? Capacity planning is the process of determining how much capacity an organization needs to meet changing demands for its products. It allows organizations to plan ahead and anticipate customer demand. It also involves establishing effective coordination among multiple departments within an organization. Capacity planning is especially …

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Management Glossary » Page 2

The Importance of Leadership

Leaders Helping Subordinates

Leadership is Important because it helps to keep an organization flowing smoothly and efficiently through various activities. There are times in every organization when leadership is required. Organizational mobility is made possible through effective leadership. The importance of leadership in society is not a recent discovery. It has been observed …

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Management Glossary » Page 2

360 Degree Feedback

360 Degree Feedback

360-degree feedback process or multi-rater feedback refers to a feedback process in which employees receive feedback from peers, seniors, superiors, subordinates, direct reports, customers, etc to understand how others perceive a particular employee. – That is why the name 360-degree review or 360 feedback All the associated members with whom …

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4 C’s of Credit

4 C's of Credit

4 C’s of credit are Character, Capacity, Capital, and Collateral of borrowers upon which banks/lenders have a careful look at before lending the money. It is common for people to apply for a loan to loan lenders for meeting some of their regular expenses. Moreover, it is preferred when someone …

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Whole Foods Competitors | Alternatives of Whole Foods

Whole Foods Competitors

Whole Foods Market Inc is an American origin company that was founded in the year 1980 by its founder Craig Weller, Mark Skiles, Renee Hardy-Lawson and John Mackey. It operates via headquarters based at Austin, Texas in the United States. The company has spread its presence to five hundred outlets located in North America and seven stores in the United Kingdom by the year 2019. Since the year 2017, it acts as a subsidiary of its parent company Amazon.

Whole Foods Market Inc is a supermarket chain associated with grocery and health food industry. The multinational company is known for its USDA-certified organic selections that are ecologically responsible and environmentally-friendly.

It is involved in selling products that are free from hydrogenated fats and artificial flavours, colours and preservatives of any kind. It was the first company to stop using plastic bags and replacing them with paper or reusable bags at all its stores.

The industry related to organic food items has seen a considerable rise in its fortunes as people are becoming aware of the benefits of natural and organic items. Whole Foods is facing competition from several companies who are especially involved in this industry as well as major supermarket chains that have started keeping a specific section for gluten-free, non-GMO and vegan items. Some of its competitors are listed below.

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Top 8 Warby Parker Competitors | Warby Parker Alternatives

Warby Parker Competitors

The distinction of being one of the topmost eyewear brands in the world goes to Warby Parker. It is associated with the online and offline retail industry as it deals in sunglasses, monocles and prescription glasses and offers progressive and single-vision lenses along with light-responsive options and light-filtering lenses.

Warby Parker is an American origin private company that was founded in the year 2010 by its founders David Gilboa, Neil Blumenthal, Andrew Hunt and Jeffrey Raider. It serves with headquarters based at New York City in the United States. The company has spread its presence through retail outlets in Canada and the United States but its primary mode of selling is through its website. The company has been valued at 2 billion dollars.

Warby Parker is involved in designing the entire items in-house and selling them directly to the customers via retail outlets and its online platform. The process includes ordering the raw materials from Italy and manufacturing frames in its Chinese factories.

In the year 2019, Warby Parker launched an augmented reality app which is a virtual try-on that will show the user how the frame is going to look on his face and help to choose the best available option.

Are you looking for a company that will offer you try-on services? If you think that only Warby Parker provides this service then let me tell you that you are seriously misinformed. Several companies can be a blessing and guide you in picking up the right frame and that to from the comfort of your home. Let’s take a look at some of the major Warby Parker competitors in this industry.

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SWOT Analysis of Uber

SWOT Analysis for Uber

A popular taxi and ride-share app-based platform, Uber was established during the year 2009. This app-based platform matches the riders with the drivers of own cars through an app or Uber’s website. The company is headquartered in San Francisco and the company provides various services like taxicab hailing, car sharing, food delivery, bike-sharing, rental cars, and transit tickets.

Over the years, Uber’s strategic focus has helped the company to drive efficiencies and has invested a huge amount in the latest technology. It has put its effort to lower the price of the taxi through its demand prediction algorithm that matches the supply and demand.

Currently, Uber is being operated in about 785 metropolitan areas across the world. Uber platform is easily accessible through its app and website. Uber has introduced the ride-sharing phenomenon. It substituted the idea where people step out to rent a cab when they require it.

Ever since its formation, Uber has become a favorite model for many users. Users can book an Uber ride and let the driver pick up from the user’s preferred location. However, the company has seen a huge growth regardless of getting a few negative reviews and criticism.

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Top 10 Accenture Competitors | Accenture Alternatives

Accenture Competitors

Accenture is an Irish-domiciled public company that was founded in the year 1989. It serves a worldwide area via headquarters based at Dublin in Ireland. The company has spread its presence to one hundred and twenty countries and serves clients in nearly two hundred cities.

The company has posted impressive revenues, net income and employees for the fiscal year 2019 at 43.20 billion US dollars, 4.78 billion US dollars and 505,000 employees respectively with market capitalization at 125.1 billion US dollars in November 2019.

Accenture is associated with the professional services industry and offers services in digital technology, strategy consulting and operations.

Its product portfolio includes software, technology, delivery, implementation, R&D for emerging technologies via Accenture Technology, management, business and technology consulting via Accenture Consulting business, technology and operations strategy via Accenture Strategy, mobility, analytics, and digital marketing services via Accenture Digital, and cloud services, IT services, business process outsourcing, security and managed operations via Accenture Operations.

The professional services industry is huge with some prominent players in the field. Accenture is one of the top companies and faces stiff competition from its rival brands in all the fields it is involved in. Some major Accenture competitors are listed below.

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SWOT Analysis of Zara

SWOT Analysis for Zara

Zara, being the largest fashion brand in the world, was founded during the year 1975 and is headquartered in Spain. The brand concentrates in fast fashion and various products like shoes, accessories, swimwear, clothing, perfumes, and beauty products. Zara belongs to Inditex which is one of the largest distribution groups. Zara places customers the main priority of their exclusive business model that includes production, design, sales, and distribution through the company’s extensive retail network.

The various stores of Zara have men’s, women’s, and kid’s clothing. The various products of Zara are based on consumer trends. It has a reactive supply chain and new products are shipped to their stores twice a week. Once the products are designed, it takes about 10 to 15 days for the store to get it. All the apparel is processed using the distribution center located in Spain. New products are thoroughly inspected, tagged, sorted, and loaded to the trucks. In most of the cases, the apparel is distributed within 48 hours. Zara generates about 450 million items per year.

As of during the year 2018, Zara has its business operations across 96 markets and online markets as well. Zara as a brand is a great hit with its fast fashion business model. Zara has been successful from its creative passion for many of the company’s dress designers who are well-aware of its customers. Zara also continues to expand its global network and aside from its great fashion, it has also followed a great strategy and has taken a justifiable growth model. Zara’s business philosophy depends on the four main values of beauty, clarity, functionality, and sustainability which also reflect the inner environment of Zara’s stores.

The SWOT analysis of Zara differentiates all the main strengths, weaknesses, opportunities, and threats that would help the company to increase its growth. Read out this article, to get an understanding of where Zara stands.

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