As part of their overall objectives, an evaluation was undertaken of the way the company is structured and the difficulties faced consequently organisational functions such as merchandising, design and marketing was moved from its headquarters in Weymouth to London which resulted in increased access to the existing talent pool, this strategy is a shift from centralised decision making process to more decentralised process that enables flexibility. Our academic experts are ready and waiting to assist with any writing project you may have. The company headquarters is located in Weymouth. New look’s operation profit decreases significantly from £138.6 million to £138.2 million a decrease of £.4 million this was as a result of increased administrative cost. In conclusion technology has brought many dimensions to the shopping, product are just a. click away, consequently retailers have to be innovative, and constantly monitor the market to identify the trends, fashion and changing consumer taste so that their products could meet the need and wants of the target market. We're here to answer any questions you have about our services. This strategy has enabled the company to have a large selection of products at no extra cost. Copyright © 2003 - 2020 - UKEssays is a trading name of All Answers Ltd, a company registered in England and Wales. It breaks a company up into groups based upon the projects it needs to complete. Stuart holds a Bachelor of Commerce degree and a Bachelor of Accounting from the University of the Witwatersrand and is a member of SAICA. New Look and Asos are both Public limited companies located in the UK. © Cinergix Pty Ltd (Australia) 2020 | All Rights Reserved, View and share this diagram and more in your device, Organizational Chart for Transport Company, Org Chart Example - Matrix Organization Structure, Corporate Org Chart with Board of Directors, edit this template and create your own diagram. Creately diagrams can be exported and added to Word, PPT (powerpoint), Excel, Visio or any other document. However, this organisation has adopted more a classical school approach to management. Previously, she was Head of Buying at Dorothy Perkins and Head of Sourcing for Womenswear and Girlswear at Next Asia plc. According to the annual account of 2008-2009 New look net cash flow has increased from £211.6 million in 2008 to 220.7 a difference of £9.1 million in 2009 this was as a result of working capital management, which enabled the company to increase its net cash flow from operating activities. Figure 2 below gives full graphical presentation of the market share of Asos and New Look. To export a reference to this article please select a referencing stye below: If you are the original writer of this essay and no longer wish to have your work published on the website then please: Our academic writing and marking services can help you! He went on further in his value chain analysis model to state that organisations who gain competitive advantage exploit their core competences to create value for both the organisation and the customers. In his last executive role, Robin held a number of roles at Tesco including Chief Customer Officer and Interim UK Managing Director until 2016. However, they have equally enjoyed success but have adopted diverse strategies.

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