Develop a 1,000 to 1,500 word analytical narrative in APA format that addresses the following issues:
1. Why does Zara’s approach seem so irrational?
2. Assess the key external risk factors that ultimately translate to financial risk in the apparel industry.
3. Discuss how the industry deals with the risk factors and how this translates into a business model.
4. What are the key business metrics companies must manage in order to mitigate these risks?
5. Discuss how Zara (versus Gap) manages these metrics.
6. Define the business Zara is in and draw the company’s business model
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