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

Ethics and Social Responsibility in Business

Level of ethical development while manipulating LIBOR rates at Barclays.             The different levels of ethical development according to psychologist Lawrence Kohlberg are preconventio...Ethics-and-Social-Responsibility-in-Business …

Read Article
Personal Business Plan

Vision and Opportunity Innovative entrepreneurship is an ideal field to venture in after university studies. With the growing technology and various dynamics in the job market, it is important as an engineer to invest in the field of technolog...Personal-Business-Plan …

Read Article
What We Talk About When We Talk About Love

Raymond Carver’s What We Talk About When We Talk About Love is a 1981 collection of short stories that includes one short story in the collection with the same title. Carver was an American writer whose legacy lives on as he's listed among the ...What-We-Talk-About-When-We-Talk-About-Love-- …

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