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ID number:956763
Evaluation:
Published: 06.04.2003.
Language: English
Level: Secondary school
Literature: n/a
References: Not used
Extract

General Jeans (GJ) is a well-established, market leader, with the world's largest manufacturing capabilities. It is currently in a state of flux, the changing business environment and consumer requirements have made it necessary to adopt an innovative approach, they can no longer rely solely on their existing products and markets. "If a new venture does not anticipate (changing requirements) organising itself to take advantage of the unexpected and unseen markets, it is not totally market focused, if not market - driven, then it will succeed only in creating an opportunity for a competitor". (Drucker 1986: 213)
Changes in the 60's pop culture impacted upon designs and manufacturing, GJ are re - structuring to meet these changes. Jeans are not only worn for their practicality, but are also a fashion item, as exemplified by Levi who located a store on Fifth Avenue. Continuous improvement and efficiency are threshold competencies, necessary to compete within this market. "The world - class manufacturer today is applying manufacturing concepts designed to demolish the obsolete methods, systems and cultures of the past that have impeded its competitive progress". (Voss 1992:137)
SECTION ONE
EVALUATION OF ENTREPRENEURIAL SUBCONTRACTORS
During the 60's small manufacturers capitalised on rapidly changing trends, by continual design changes and pattern renewal. This posed a major problem for the larger manufacturer, who found it difficult to keep pace with this dynamic market. …

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