Question: Q.1 What operational changes were made during Glenn Murphy's time as CEO? (select all that apply) Gap began sourcing its clothing from cheaper countries to
Q.1
What operational changes were made during Glenn Murphy's time as CEO? (select all that apply)
| Gap began sourcing its clothing from cheaper countries to keep production costs low | ||
| Gap consolidated its four websites into one shopping basket | ||
| Gap cut production time by nearly one-third across all lines and even more drastically for key items | ||
| Gap moved away from engagement with trending fashions |
Q. 2
Which of the following are true of Gap's financials? (select all that apply)
| In 2011, Gap's operating profit as a % of sales was equal to that of H&M and Zara | ||
| Between 2003 and 2012, Gap's revenues nearly doubled | ||
| Sales in Asia grew while sales in North America fell | ||
| Between 2004 and 2012, sales per store grew significantly |
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