swot analysis of ukay ukay

Ukay Ukay Case Study Solution & Analysis - CaseQuiz.com It also concludes that several motivators to purchase second-hand clothing overlap, attracting and retaining consumers into a repeating fashion cycle, validating previous research on the role of consumers in a circular economy. In conjunction with other planning techniques, the company used the SWOT analysis to leverage its strengths and external opportunities to eliminate threats and strengthen areas where it is weak. This study is designed primarily to know why people are really drawn to ukay-ukay and how it can be a great advantage for the people and what are Diversity and entrepreneurship in the city of Athens: Different views and ambiguous perceptions of local entrepreneurs. How much is the weekly income of an ukay-ukay business? Mostly, women are the ones who like to shop for ukay-ukay over men. The study focuses on a central neighbourhood of Athens (Akadimia Platonos) and takes into account the condition of a long and continuous economic crisis. The appeal of low-cost clothing continues to entice visitors into these stores in search of branded clothing for cheap prices. For PhP100, you can score three to four items from the selections, but things can go for even lower prices (some even for PhP10) every week because all items must go. This quantitative study collected data from (100) Filipino Gen Z consumers using an online questionnaire for each value. Later on, wagwagan became the colloquial wagwag, which has the same meaning as ukay-ukay (Cabreza 2001). Ask for input from a variety of team members and openly discuss any contributions made. This stage may require substantial debate among analysis participants, including bringing in upper management to help rank priorities. CNN and the CNN logo are registered marks of Cable News Network, Inc., displayed with permission. Using this information, a company can make smarter decisions to preserve what it does well, capitalize on its strengths, mitigate risk regarding weaknesses, and plan for events that may adversely affect the company in the future. In general, a SWOT analysis will involve the following steps. For smaller disputes, mediators dont work as a team, only as individuals; Scholefield staff can offer anyone the advantage of a group of neutrals to evaluate a dispute. Exploring Luxury Department Stores Brand Equity in Thailand. With the transformation of secondhand clothing and garments retail and trade into what it is today, the government is now moving to The male and female respondents will be chosen at random by the researchers to answer the questionnaire during an interview. ukay To the government, they will realize that even though ukay-ukay imports and sells cheaper second-hand clothes, still it has a great help especially to the citizens who are in the poverty line.

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swot analysis of ukay ukay