Tuesday, November 24, 2015

Population Migration/ Race

A lot of people moved from South Asia to Africa or Western Asia. I also learned that a person's DNA can change after throughout time. It is all based on where you live and you are able to adapt to certain living conditions. Race is a modern idea. It is not based on genetic DNA or where you are from. PBS says that race was born with the idea of freedom.



Monday, November 23, 2015

Philanthropy Thoughts

Philanthropy is an act of giving for better living and better human welfare where as charity is giving for the basic needs. Philanthropy is wanting to give so that the world can be a better place to live where charity is giving enough so that you can just get by. I have learned that there is a wide range of areas that people want to give to as philanthropists. One topic that surprised me that was that a coupe of people want to give to foundations of music and sports.



Monday, November 9, 2015

Thinking About Success

1. Hard Work
2. Opportunity
3. Skill
4. Luck

Hard work is the most important in becoming successful. Without hard work the opportunities and skills that one person may have will not matter if there is no work and thoughtful work put in. Opportunity is second because a person that works hard for what they want won't matter on the skill level that they started with. A person that works hard will take every opportunity he or she may get in order to become successful. Without the opportunities all the hard work can mean nothing because you will be building up but have no release or growth from the build up. Skill is the third most important thing when it comes to being successful. A person can have skill but choose not to put in the work and not have the determination for the accomplishments the skill they have can achieve. Without putting in the hard work and not having the determination to take the opportunities given being successful is close to none. Lastly comes luck. Luck has nothing to do with being successful. Luck may help a person become successful if they are lazy or aren't that motivated but by that point that person wasn't really looking to be successful.




Monday, November 2, 2015

Business Innovation Research

According to Bloomberg Business Zara was the first company to introduce fast fashion. The goal for Zara and fast fashion is for store managers to order new clothing at a specific time every two weeks. The managers are less concerned about the cost of the clothes and more concerned about the timely manner and responsiveness in that the clothes are delivered. For fast fashion to work Zara most of the manufacturing is done in Spain. This small supply chain is important because it allows Zara to have more control of the rate that clothes are made. Zara will be expanding to China meaning that its supply chain will grow and that the goal of fast fashion may slow down a bit.

Forbes says the H&M has taken a similar approach as Zara did but they appeal to the needs of the customer too. To accomplish this goal H&M, unlike Zara, outsources their manufacturing to Europe and Asia. The 60% in Europe following the model of Zara where they can have some control, but they outsource 40% to Asia. To keep bringing in new trends the store will have and spring and fall edition or collection. Within each collection or edition the store will have smaller sub-collections. The longer collections feeds the needs of the consumers while the sub-collections bring in new style and allows the customer to see what is trending. To keep the trends flowing in the store at the right times there are 20 to 30 production offices near each store so that clothes are delivered on time.

"Made in America" means that the product can have parts made from somewhere else but is assembled in the US. An example of this is the Boeing manufacturing plant in Washington. The 787 and 747 in particular have parts made form Japan, China, and countries in Europe. All parts are sent to the plant in Washington so that they can be assembled there. Therefore technically speaking the plane in made in America but some parts are manufactured in other countries.