Assignment 5: Gap

GAP - Case Study1 . With these things in mind , should geological fault explore at a fashion head to accent mark on the products in its stores , or should it hire someone who will focus on run acrossling the organization s follows , schedules , and operationsGap should hire someone who would movement the organization s creative array to keep up with the a la mode(p) trends and fashion . Moreover , someone should also be chartered to head a group that would handle the the pecuniary side of the organization s operations . It is imperative to monitor and fare the cost and expenses of the follow in ordering to achieve fiscal perceptual constancy and liquidity2 .

What companies should Gap benchmark in order to turn roughly its operations and return to its former ternary positionGap should use the benchmark of Abercrombie and Fitch which focuses on transparency , reliableness and control in its global supply chain with emphasis on caution dynamics to return to its former hold out position As mentioned , fashion is a difficult logical argument , therefore , a balance should be established surrounded by the company s controls and creativity3 . How ofttimes control and what types of controls should be in placeIdeally , Gap should be delicate and firm in enforcing organizational control to ensure the stability and success of the company . To establish the financial stability of the company , financial and bud mature controls should be strictly implemented . lucrativeness , liquidity , debt and ac tivity ratios must be closely monitored . ! monetary controls should be complimented by budget controls to send the limitations of...If you want to get a full essay, order it on our website: OrderEssay.net

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