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

Areas of Concern for Police Administration

Police Oversight and Social Media ~Police administrators in the contemporary society are faced with many problems. Some of these are the day to day challenges that most civilians can also identify with. Concerns for police administrators or law enf...Areas-of-Concern-for-Police-Administration …

Read Article
English 1020-The lottery

The story's plot revolves around a sacrificial ritual event in a small village. It is a small village with an estimate of around three hundred people and every year they gather in the middle of the square for the lottery. This is a ritual that exists...English-1020-The-lottery …

Read Article
Contributions of psychology to the educational learning process

Educational psychology serves as a foundation discipline for education. It acts as a guideline as well as a parameter to educational development as well as the practice of the educational process. It offers important ideas about learning and about...Contributions-of-psychology-to-the-educational-learning-process …

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