Industry analysis: Windows Wear | MyPaperHub

Introduction:

•         What industry is this firm in? Is this evolving?

Windows Wear is within the clothing industry but also has some dynamisms of the tourism sector in within its operation since  is within the clothing industry but also has some dynamisms of the tourism sector in within its operation since they are exploring the option of having a museum. The clothing and tourism industries are some of the fastest evolving sectors not only in the United States but also in the world. There are usually fast changing trends in the fashion and clothing industry while there is increasing competition in the tourism sector locally ad globally which has called for diversification and also innovations such as the WindowsWear to stay ahead of the competition (Mak, 2003).

•         What are some of the key dynamics driving WindowsWear?

The fundamental dynamics driving the business is the presence of a lot of clothing previously on display that is disposed or dumped since the shop owners cannot sell them or have no idea on what to do with them. The fact that the business is the first of its kind is also an important dynamic for WindowsWear. The other fundamental dynamic of the business is its uniqueness in that it fits in more than one industry being a player in both the clothing and the tourism industries thus increasing the scope and demographic of its targeted market (Lu, 2015).

•         How is the demographics of the industry changing?

The demographics of the industry are changing in that the generational changes in society present new dynamics of what is perceived as vintage for every generation (Boettcher & Gaines, 2004). Moreover, there is an increase in the local urban tourism in the country with more and more individuals realizing that there is still so much they can explore the local scene hence that is an advantage of the Windowswear that may factor in such a demographic (Cocks, 2001). Moreover, with the global and domestic economic strains, there is a need for relatively cheaper options for the tourism sector (Aaker & McLoughlin, 2010). It is this that is encouraging the local tourism further and the continued seeking of opportunities for the thrill and innovative endeavors to uphold without having to incur too much cost on traveling and all transnational touristic related expenses (Aaker & McLoughlin, 2010).   

Additional articles

Life and Contributions of Leonardo Fibonacci

Leonardo Pisano which translates to Leonardo of Pisa in English is the original name of Leonardo Fibonacci who was born around 1170 and died after 1240 (perhaps in 1250). Fibonacci was Leonardo Pisano’s nickname. He is also known as Leonardo Pis...Life-and-Contributions-of-Leonardo-Fibonacci …

Read Article
Research Paper-Rising Health Care Cost

Health care represents a surprisingly vast cut of the U.S. economic pie. Every year health-related spending becomes, practically continually outpacing spending on different products and administrations, implying that the span of that cut increment...Research-Paper-Rising-Health-Care-Cost …

Read Article
What is Creativity?

A PAPER EXPLAINING THE NATURE OF CREATIVITY   Key points covered in this paper: What is creativity? What is needed to be creative? Why do we create? What is the value of creativity? Is creativity teachable? &nb...What-is-Creativity? …

Read Article
Let's give your paper the attention it deserves