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Strategic capabilities of H&M

Exclusive summary: This report analysis the strategic capabilities (resources and competences) of the H&M by using the strategic tools value chain, core competences and identify the strength and weakness of firm. It discusses the company financial position and their cultures. It also use TOWS matrix to recommend the strategies and use Ansoff matrix for method and direction. It also access or evaluate those strategies by using the Suitability, Feasibility, and Acceptability. 1. Introduction: This report investigates the H&M strategic capabilities (value chain, resource audit and core competences). Accounting ratios are used for financial position which helps to comparison with rivals. TOWS matrix will help in recommendation of future strategies and SFA criteria evaluate the strategies. Ansoff model is used for…

Hennes and Mauritz (H&M) Strategy

Question 1 Hennes and Mauritz (H&M) is a fast-fashion global leader in the fashion industry. Hence, to have a holistic sustainable development point of view, we will examine and address the Marco-environment by looking at PESTEL analysis framework. The competitive forces within the fashion industry will also be revealed throughout the Porter Five Forces Model. PESTEL ANALYSISCase EvidencePositive (Opportunities)NeutralNegative (Threats) POLITICAL factors:Critical observation faced from the public on H&M’s overseas suppliers’ welfare and working conditions.The company is under critical observation on their supplier’s welfare and working conditions that has raised issue on upholding its branding (Yildiz, 2014,pg 580)This endangered H&M reputation as high-profile global leader in the fast-fashion industry. If the workers/suppliers are underpaid or given poor working conditions by…

Outline and evaluate the multi-store model of memory

The multi-store model of memory (MSM) was developed by Atkinson and Shiffrin in 1968 and explains how information flows from one storage system to another, with three permanent structures in memory: sensory memory (SM), short-term memory (STM) and long-term memory (LTM). It describes memory as something made up of a series of stores and these each differ in terms of their capacity, duration and encoding process. Information is detected by the sense organs and enters the SM. If attended to, this information enters the STM for further processing. If not attended to, the sensory information is immediately forgotten or not even processed in the first place. If the information has entered the STM, it is then transferred from the STM…