Zara Inc Success Research Paper Example | Topics and Well Written Essays - 2250 words

Zara Inc Success - Research Paper Example As the paper features the Fashion Retail world has developed in front of others with organizations battling for share in the market and the buyers requesting the following extraordinary assortment like clockwork. The internationalization has improved the business part of these Fashion Titans who battle to turn out new plans and patterns each season with the expectation of getting saw in a horde of thousands. The new worldwide financial condition has given Zara a chance to improve its present image discernment and become the exceptional brand for European buyers. This can be accomplished by making a very good quality line for Zara. This would not just increment the potential objective market for Zara yet additionally permit Zara to charge premium costs. This investigation announces that in 1963-74 Amancio Ortega Gaona, executive and author of Inditex2, starts his business exercises in the material assembling area. The business develops consistently during the time to incorporate a few assembling habitats circulating items to different European nations. The first ZARA shop opened its entryways in 1975 out of A Coruã ±a (Spain), the city that saw the Groups early beginnings and which is presently home to its focal workplaces. Its stores would now be able to be found in the most significant shopping regions of in excess of 400 urban communities in Europe, the Americas, Asia and Africa which is in fact a wonderful accomplishment. Fascinating as it might appear, its first store included low-evaluated carbon copy results of well known, better quality apparel designs. This was obviously a moment accomplishment as it empowered the individuals to have duplicates of the more extravagant garments at a sensible cost thus Mr. Ortega opened more stores all over Spain. â€Å"ZARA was a design imitator. ZARA’s methodology of low volume per style and changing items rapidly in its stores encourages it to down on the limits too. Of its 12,000 particular things yearly, just about 18% of its attire doesn't work with clients and must be discounted.â

The tool for market research Essay Example | Topics and Well Written Essays - 500 words

The device for statistical surveying - Essay Example Test promoting gives noteworthy knowledge which is required by an organization so as to contend viably in its market. For one, this device allows a business association to test the effect of elective showcasing plans. Since a test advertise is normally littler than the entire market, putting resources into a test promoting exertion in 10 urban areas is more reasonable for a huge organization than getting into an all out across the nation item dispatch. Test showcasing as the name suggests furnishes organizations with an away from of whether a promoting exertion is vital or not without bearing the enormous expense of the entire advertising effort in the whole market. Test promoting additionally permits organizations to test different systems without influencing the general picture of its items. For instance, an organization which wishes to set out on another promoting approach and is picking on three distinct ones will think that its difficult to dispatch the three systems on the whol e market. In this manner, it will pick to utilize test advertising so as to find out the best methodology for its item at lesser expense. Notwithstanding, the usage of test showcasing as a statistical surveying instrument is reliant on the interior competency and outside market circumstance of a company.â According to one of its officials, â€Å"In our fieldâ€primarily more costly beauty care products not designed for mass distributionâ€it would be pointless for us to test the market. At the point when we build up an item, state an improved fluid cosmetics, we know it’s full-Brownell in light of the fact that we know about the field†.

Blog Archive Professor Profiles Franklin Allen, The Wharton School of the University of Pennsylvania

Blog Archive Professor Profiles Franklin Allen, The Wharton School of the University of Pennsylvania Many MBA applicants feel that they are purchasing a brand, but the educational experience itself is crucial to your future, and no one will affect your education more than your professors. Each Wednesday, we profile a standout professor as identified by students. Today, we profile Franklin Allen from the Wharton School of the University of Pennsylvania. Franklin Allen (“Corporate Finance”) has been an institution at Wharton since 1980. Almost every student in the program takes his “Corporate Finance” class, and even incoming investment bankers who could easily place out choose to take the semester-long course. According to one former student, Allen, with his dry sense of humor and use of creative examples, has the unique ability to make corporate finance easy to understand and fun to learn. Although students have access to his course notes before every class, attendance at his lectures does not suffer. As such, the list of teaching awards he has won at Wharton is seemingly endless. Moreover, Allen makes a point of having lunchâ€"his treatâ€"with every student who takes his class (in groups of approximately four to seven students at a time). For more information about Wharton and 13 other top-ranked business schools, check out the mbaMission Insider’s Guides. Share ThisTweet Professor Profiles University of Pennsylvania (Wharton)

Organic Compounds Lab Report Essay - 703 Words

Identifying Organic Compounds Joe Harris 11/12/07 1. Background Organic compounds are, by definition, any chemical compound containing carbon. These compounds include carbohydrates, polysaccharides, lipids, proteins, and nucleic acids. Each one of these compounds has a different purpose. Carbohydrates give energy to cells when consumed. Lipids are basically the fats of a cell. Proteins are the building blocks of muscle in a cell. Nucleic acids are used to transfer genetic information from one cell to the other. The purpose of this lab is to simply determine the absence or presence of the main†¦show more content†¦7.When water bath is ready, put each test tube into the water bath. Wait 5 minutes. 8.After 5 minutes, remove test tubes from the water bath set in test tube holder and record results. Also turn off hot plate. 9.Clean both test tubes thoroughly. 10. Repeat steps 2 and 3. 11.Add 10 drops of Lugols solution to each test tube. 12.Swirl to mix. 13.Record data. 14.Clean both test tubes thoroughly. 15.Repeat steps 2 and 3. 16.Add 10 drops of Biuret solution to each test tube. 17.Swirl to mix. 18.Wait 1-2 minutes. 19.Record data. 3. Data and Results A. Data Tables Benedicts Test Test Tube Original Color Final Color Tube Contains + or - A Light Blue Orange Sugar + B Light Blue Light Blue Still Unknown - Lugols Test Test Tube Original Color Final Color Tube Contains + or - A Clear Yellow Still Unknown - B Clear Dark Purple Starch + Biuret Test Test Tube Original Color Final Color Tube Contains + or - A Clear Light Purple Protein + B Clear Clear Clear - 4. Conclusion During the Benedicts test, the contents of tube B did not change, indicating the absence of sugar in that particular substance. However, the contents of tube A did change orange indicating the presence of sugar in that substance. During the Lugols test, the content of tube A did not change dark purple indicating the absence of starch in that substance However, the content of tube B changed to dark purpleShow MoreRelatedIdentifying Organic Compounds Lab Report Essay744 Words   |  3 PagesPurpose: To use indicators to test for the presence of organic compounds in certain substances. Hypothesis: Honey will contain sugars, egg white contains proteins, corn oil contains lipids, oats contains starches and proteins, gelatin contains sugars and proteins, potatoes contain starch, and apple juice contains lipids and sugars. Materials: 9 test tubes Test tube rack Test tube holder Grease pencil Hot plate 20 ml honey solution 20 ml egg white and water mixture 20Read MoreLab Report: Separation and Purification of Organic Compounds: Crystallization769 Words   |  4 Pagesand Sciences Experiment #3 SEPARATION AND PURIFICATION OF ORGANIC COMPOUNDS: CRYSTALLIZATION Gomez, Paola Anne M. DOP: 2 July 2013 Student no. : 4120403 DOS: 9 July 2013 Group: Carcinogenic Remarks: _____________________________________________________________________ Engr. C. D. Sanchez Instructor THEORETICAL DISCUSSION Crystallization is a technique which chemists use to purify solid compounds. It is one of the fundamental procedures each chemist must masterRead MoreOrganic Chem Essay example934 Words   |  4 PagesOrganic Lab I No. 5-6 Separation of a Carboxylic Acid, a Phenol, and a Neutral Substance (Two-week lab) Reading Assignment 1) Chapter 7 †¢ Introduction: P. 135- first paragraph †¢ Theory and Techniques (p142-145) o Properties of Extraction Solvents o Mixing and Separating the Layers o Drying Agents o Part 1: The Technique of Neutral Liquid/Liquid Extraction The description is for dichloromethane-aqueousRead MoreEssay about Extraction of Eugenol from Cloves Oil994 Words   |  4 Pagesliquid-liquid extraction. Finally, you will isolate the acetyleugenol by using a rotovap for reduced pressure distillation, which will remove the organic solvent (dichloromethane). Background Whole cloves contain between 14% and 20% by weight of essential oils, but only half of that can be isolated as acetyleugenol. Clove oil contains two basic compounds: eugenol and acetyleugenol. As a result of Dalton’s Law and Raoult’s Law, both of these substances can be removed from the cloves withRead MoreChemistry Experiment : Oxidation Of Borneol1607 Words   |  7 Pages Experiment 3: Oxidation of Borneol to Camphor By: Evan Holley Lab partner: Jeffrey Horton T.A.: Garret CHM2211L-008 07/12/2015 Introduction The overall goal in this lab was to oxidize borneol, a secondary alcohol, into camphor, which is a ketone. For the purposes of oxidation chromic acid was utilized, which was prepared by adding a 1:1 ratio of chromium trioxide to dilute sulfuric acid. The oxidation reaction occurs as a two-step reaction. The first step involves the formationRead MoreSolubility Postlab Report819 Words   |  4 Pages POST-LAB REPORT FOR THE SOLUBILITY EXPERIMENT I) Conclusion: Write the conclusions regarding your observations and results obtained from each part 2A, 2B, 2C, and 2D, separately. Separately describe and explain in your conclusions whether the experimental observations and results obtained from that part enabled you to confirm the solubility behavior of various compounds based upon what you had predicted and hypothesized before performingRead MoreIsolation And Identification Of Essential Oils1321 Words   |  6 PagesIsolation and Identification of Essential Oils Lab Report Name: Lauryn Tonou Partner’s name: Tiffany Keener Date submitted: 11/02/2015 Introduction Essential oils are the concentrated extracts of volatile, non-water-soluble aroma compounds from plants. They are widely used in cleaning products, cosmetic products, and perfumes, also as flavorings in foods. Essential oils are actually mixtures of organic compounds sample. However, the purpose of the lab will be to isolate and identify essentialRead MoreTexas City Boat Trip : Case Study1022 Words   |  5 Pagesindependent refiner that purchases a variety of oils such as crude oil and sour and residual oil (2). The complex refining and distillation processes for Valero can be compared to the experiments performed in an Organic chemistry lab. From what the company’s procedures are to what the Lab procedures are, a similarity can be seen just on a larger scale. Figure 1 outlines the size of the Valero refinery. (6) Figure 1: Valero Texas City Refinery. DISSCUSSION The Refining Process. Refining beginsRead MoreLab Report On Chromatography And Lab1206 Words   |  5 PagesSpinach Group Experiment 3 – Individual Lab Report (Save as pdf and submit, due by 12:00 NOON one week after experiment) Last Name: Wang First Name: Zoey Lab Partner(s): Sue Wang TA Name: Sosthene Date Lab Performed: Nov. 12, 2015 Date Lab Submitted: Nov. 12, 2015 Group A, B, or C: B Comments for Grading TA: (Please indicate if you performed the lab on a day other than your regularly scheduled day and/or with a TA other than your regular TA). Page Limit: report must not exceed FIVE pages (includingRead MoreSynthesis of Acetaminophen Essay1231 Words   |  5 PagesSynthesis of Acetaminophen Lab Report Bijal Patel, 20467049 Partner: Poojan Parikh T.A.’s: Long Pu CHEM 123L, Section: 006, Rm: ESC 149 Tuesday February 4, 2013, 2:30pm-5:20pm Experiment Done: Tuesday January 22, 2013 Introduction Acetaminophen was first introduced in 1955 (Richman, 2004). It is an over-the-counter drug that relieves pain and reduced fevers. Acetaminophen is considered an alternate to aspirin since it does not irritate the stomach (Richman, 2004). It also has very

Cultural Comparison Paper - 830 Words

Cultural Comparison Paper There are many cultural differences between the United States and France. Some of these are simply social and others are cultural. Hofstede’s Value Dimensions can be used to highlight the differences between the cultures. Individualism vs collectivism, uncertainty avoidance, masculinity/femininity, power distance, and long-term vs short-term orientation are all characteristics that differ between France and the United States. In Communications Between Cultures individualism and collectivism are described by researchers as â€Å"self-orientation versus collective orientation as one of the basic pattern variables that determine human action.† These differences can be found in family life, school, and workplace†¦show more content†¦The cultures prefer as few rules as possible. Typically, people in these cultures don’t easily express their emotions. Hofstede uses the words masculinity and femininity to refer to the degree to w hich masculine or feminine traits are valued or revealed (Samovar, Porter and McDaniel). The United States rates as a moderately masculine. Countries that favor masculinity stress equity, competition, and performance(Yates). They also strive for material success and expected to respect whatever is big, strong, and fast. France values femininity and stress equality, solidarity, and quality of work life (Yates). A feminine worldview maintains that men can assume nurturing roles while promoting sexual equality. One major difference in masculine/feminine cultures is the role of the woman in the workplace and at home. Feminine societies expect women to work and often provide the necessary social support systems. Although the United States is more masculine than France both countries treat females as equals. Power distance describes the distance between power and the members of a particular culture. France has a higher power distance than the United States. Gudykunst describes co untries with a high power distance as, â€Å"Individuals who accept power as part of society. As such superiors consider their subordinates to be different from themselves and viceShow MoreRelatedSpan 110 Complete Course Span110 Complete Course695 Words   |  3 Pagescom/q/span-110-complete-course-span110-complete-course/13563 SPAN 110 WEEK 2 TEAM ASSIGNMENT CULTURAL SIMILARITIES AND DIFFERENCES IN THE ARTS PAPER Select  two countries where Spanish is the predominant language to serve as the basis for the Learning Team assignments in this course. Obtain faculty approval for your selections. Research  the cultural customs, such as dance, music, theater, and the visual arts for each of your selected countries. Write  a 700- to 1,050-word paper on the cultural customs in your selected countries. Include theRead MoreHum 111 Confucius and Aristotle Paper814 Words   |  4 PagesHUM 111 CONFUCIUS AND ARISTOTLE PAPER Click Link Below To Buy: http://hwcampus.com/shop/hum-111-confucius-and-aristotle-paper/ Choose one (1) of the topics from the list of topic choices below. Read the topic carefully. Write a three to four (3-4) page paper (750-1,000 words) that follows instructions and covers each part of the topic. (The title page and References list do not get included in this word count). For the topic you choose: 1. Establish a clear thesis about your topicRead Moree-Book to Enhance Pharmaceutical Learning836 Words   |  3 PagesIdentify students weakness - Concepts†(Pg 12), the bar chart that compared all the questions has showed a decreased number of â€Å"Strongly Agree + Agree† and an increased number of â€Å"Strongly Disagree + Disagree† in question 3, question 5 and question 9 in comparison to other questions. These results from section 1 showed students expressed least understanding in the following areas : Q3, The concept of volume of distribution (VD) Q5, How the concepts of clearance, half-life and rate constants, volume and areaRead MoreIs English Native Speakers Use A Greater Number Of Singular Self Mention?1410 Words   |  6 Pagesforms. This confirms the previous findings that primarily plural self-mention is employed in academic writing in Slavic languages (Vassileva, 1998), and that academic texts in English by native speakers show the greatest use of singular forms in comparison to other languages (Flottum, 2005; Molino, 2010; Vassileva, 1998; Wu Zhu, 2014; Yakhontova, 2002; 2006). It can be assumed that, in American academic culture, scholars tend to establish their presence in the articles and show that research hasRead MoreConcept Comparison and Analysis Across Theories Paper1713 Words   |  7 PagesConcept Comparison and Analysis across Theories Paper NUR 513 August 6, 2012 Comparison and Analysis Theories Paper The heart of nursing has always been caring. Since the start of professional nursing with Florence Nightingale, theorists have been writing about caring. This paper highlights three caring theories Madeleine Leininger, Jean Watson, and the combine theory of Patricia Benner and Judith Wrubel these theorists each has developed a theory of caring. 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To begin these types of psychology will be defined and the so the differences and similarities betweenRead MoreCultural Differences1094 Words   |  5 PagesCultural Differences In every culture, people work diligently to find a common ground for acceptance and tolerance. Typically, people are accepting of various social criteria that are oftentimes associated with a specific ethnicity. However, many individuals simply tolerate the beliefs, standards, values, and behaviors of other individuals in society while inwardly opposed to the model of the displayed behaviors of other individuals as it relates to another individuals beliefs, value systems, andRead MoreA Comparative Study of Family Values Between China and America960 Words   |  4 Pagesdifferent countries. In order to get the better understanding of different family cultures between China and Americaï ¼Å' it is necessary to make a comparison between Chinese and American family values. This paper tries to grope for cultural origins behind those external different family values between China and US. Firstlyï ¼Å' this paper makes the comparison between Chinese family value and American family value. Secondlyï ¼Å' it illustrates the differences of family values from family structureï ¼Å' familyRead MoreAn Individual’S Sexual Curiosity In And Enticement To Other1095 Words   |  5 Pagesenvironment. Sexuality among human impacts and it is influenced by, cultural, political, and theoretical aspects of life. It may also intermingle with matters of ethics, morality, religion and theology (Laumann et al., 2006). Culture play a major role in altering how sexuality and sexual activities are construed. Human sexuality is a portion of human social life and it governs through producing behavior guidelines. Social and cultural factors such as religion, politics and mass media generate social

Essay on Marketing of the Sport Celebrity - 2080 Words

The business of sports marketing has become both lucrative and influential in shaping sport in general and the individual athletes. The desire for endorsement offers and profitable media coverage has become a crucial facet of modern sport. With a selection of athletes making millions of dollars a year, outside of their sporting arena, it is obvious to see the impact of marketing and advertising on sport. In this essay I will examine the ways in which marketing effects the athletes and sport in general. Also, I will identify the characteristics of a marketable sporting celebrity and further look into African American athletes specifically and the way the African American community is marketed. Sport has not always been covered in†¦show more content†¦In the 1970s there was a greater power to shape perceptions about these athletes. With this new desire for exciting sports figures, the new task became finding marketable and lucrative athletes that stood out from the masses. Star potential is crucial when marketing an athlete to be a celebrity. The athlete must have a unique personality, something bold and different that makes them shine from the rest. There are different facets of marketable celebrities such as the strong fierce athlete, the hero, and the controversial player. Examples of controversial athletes are Mike Tyson, Charles Barkley, Dennis Rodman and Alex Higgins. The hero athlete is someone like Tiger Woods or Michael Jordan. And lastly the strong and fierce competitor like Allen Iverson or Muhammad Ali, are all marketable athletes who have become household names. What makes a popular athlete so exciting is that because athletes are usually so quiet; the ones that do speak are listened to. Due to the popularity of these stars, their pay checks back up the idea of sport as big business. George Steinbrenner of the New York Yankees says that the players salaries depend on how many fannies he puts in the seats (Quirk 216). In understandi ng this, it greatly highlights the importance of marketing to modern sport and way athletes are paid. For example, New York Yankee Derek Jeter would have beenShow MoreRelatedGatorade Branding Strategy1569 Words   |  6 PagesResearch Background Gatorade has emerged as the global leader in sports nutrition beverages by continually managing their brand to signify high energy, athletic excellence combine with one of the most efficient new product development and introduced processes in the beverage industry. As a result of being able to consistently synchronize these many components of their business so well, Gatorade today holds a 75% market share in the sports nutrition market globally today. Gatorade is owned by PepsiCoRead MoreThe Branding Strategy of Gatorade: An Analysis1449 Words   |  6 Pagesimages that symbolize exceptional athletic performance, high energy, and prowess in sports and in life will succeed. This is especially the case when the branding strategy is strongly supported by an exceptionally effective research and development (RD) strategy, in addition to having exceptional control over quality, distribution and the entire customer experiences. Gatorade today holds over 75% of the total sports nutrition ma rket globally as a result of their ability to orchestrate these diverseRead MoreThe Marketing Strategy Of Gatorade1298 Words   |  6 Pagesshould have a marketing strategies to grab the attention of the viewers and hopefully lure them to try or buy the product. Yesterday, I read an advertisement for Gatorade and I said to myself, no wonder why Gatorade has been at the top of their competition for a long time now. The secret is they know how to advertise! The flavor of their drinks has been the same for over a decades now. But like a weather Gatorade is year-round they never get out of style, as long as there is a sport to play GatoradeRead More Celebrity Puppets Essay1086 Words   |  5 PagesCelebrity Puppets The concept of using sports stars to market non-sport items has soared to new heights. Every corporation in the world is trying to get the edge over their competitors. The classic example is that of the â€Å"Cola Wars.† During the 1980s, Pepsi and Coca Cola began an advertising slugfest, in which Pepsi emerged victorious by using Madonna and Michael Jackson as puppets in their commercials. These two companies, as well as thousands of others, have taken advantage of exposing celebritiesRead MoreThe Mass Media Has Become Apart Of Culture1068 Words   |  5 Pagesto avoid. A prime example, The Time Inc. hit publication Sports Illustrated is an American sports media magazine for the everyday sports fan. Read by millions, this magazine is the leading sports publication in the North America. This magazine is very well kenned for its glossy sleek pages of athletes and celebrities to advertisements unrelated to sports. Driven to maximize profits, publishers utilize articles and stor ies as a way of marketing. By investigating critical perspectives such as MarxismRead MoreNike Strategy1302 Words   |  6 Pagessupplier of athletic shoes, apparel and sports equipment. We will see how this company managed to expand internationally and control the sportswear arena completely by utilizing marketing strategy centering around brand image which is attained by distinctive logo and the advertising slogan: Just Do It and the company promotes its product by sponsorship agreements with celebrity athletes, professional teams and college athletic teams. However, Nike s marketing mix contains many elements besides promotionsRead MoreNike vs. Reebok1362 Words   |  6 Pageshad made a very basic strategy work; make the products that fit their consumers needs. Examples of great decision making are: • Diversifying products (into sports wears and others) was a smart move that had contributed to the current and growing success of Nike. • Nikes managements bet on celebrities marketing. These athlete celebrities including Michael Jordan and Tiger Woods had introduced and placed Nike and its swoosh logo into peoples mind worldwide. • Strategy planning on relationshipRead MoreNike vs. Reebok1378 Words   |  6 Pageshad made a very basic strategy work; make the products that fit their consumers needs. Examples of great decision making are: • Diversifying products (into sports wears and others) was a smart move that had contributed to the current and growing success of Nike. • Nikes managements bet on celebrities marketing. These athlete celebrities including Michael Jordan and Tiger Woods had introduced and placed Nike and its swoosh logo into peoples mind worldwide. • Strategy planning on relationshipRead MoreNike Case Study1112 Words   |  5 Pagesthe pyramid were the Ultimate/Performance Athletes. These included big names in the fields of running sports. They are the people who join sports to be athletes. The second in line are those people who are not necessarily athletes, however, the activities they carry out are athletic in nature. Lastly, the third tier of the pyramid included those people who are influenced by the culture of sport. Nike decided to target these segments using what they call the Pyramid of influence. They believed thatRead MoreReebok Swot Analysis1314 Words   |  6 PagesSWOT Analysis Reebok experienced a period of strong growth and success in the 80 s and 90 s, though new developments in the sports market are challenging Reebok and are changing its competitive situation. The following analysis gives an overview of were Reebok is standing at the moment and what their challenges for the future are. On the basis of this analysis Reebok can set out their strategy for the future and anticipate on the opportunities and threats they are facing. Strengths Size

How Precedents Are Applied in Court and the Rules of Statutory Interpretation free essay sample

Aims and Outcomes I will describe how precedents are applied in court and explain the rules of statutory interpretation. Firstly I will explain what a precedent is. Precedent â€Å"In common law legal systems, a precedent or authority is a legal case establishing a principle or rule that a court or other judicial body utilizes when deciding subsequent cases with similar issues or facts† Example Lets say that a Court establishes that it is illegal for people to smoke or be in possession of Tobacco. The Court has clearly explained, in its decision, why it is illegal according to law to smoke Tobacco. This is Case A. Now, someone is arrested for smoking Tobacco, and is tried in Court for breach of this new law. The Judges in this case, in order to explain why they are holding the person guilty, will refer to Case A, which put down the principles concerning this offence. Case A thus becomes a precedent. A precedent is usually a decision which is so important and so well explained that it clears the fog surrounding certain issues and, in so doing, guides Courts in the future, whenever any dispute arises concerning those issues. Example 2 A court decision that becomes a rule used to makefuture decisions. For example:The government passes a law saying that ugly shirts may no longer be worn, but doesnt specify what ugly means. You wear a lime green shirt and are arrested and found guilty. You appeal the decision. A court decides to write some rules regarding what qualifies as ugly, so that the lower courts and law enforcement have a better idea what is legal. This decision, if applied broadly to the issue, becomes a judicial precedent thatother courts are meant to follow. It is different from a law because the same court or a higher  could decide to change it, setting a new precedent. How precedents are applied in court If a Judge in a magistrate’s court makes up a new law, it can be discarded by a judge from a higher up court, but not vice versa. Also if a judge comes across a case where there may be a relevant previous decision made by either the court they are currently in or another one in the hierarchy they have four possible courses of actions: Follow- If the facts are similar in the case then the judge will chose to follow the precedent in place. Distinguish- If the facts are different then the judge can distinguish between the two cases and doesnt need to follow the original precedent. Overrule If the original precedent was set in a lower court the judge may overrule it if they disagree with it. (As I stated earlier). Reverse- If the decision made by a lower court is appealed to a higher one the higher court may reverse the decision if they think the lower court has misinterpreted the law. Example of a precedent been applied in court. â€Å"A husband had sexual intercourse with his wife without her consent. The married couple had separated, but the husband forced his way into his wifes home and forced her to have intercourse with him. Up until this time the common law rule was that a husband could not be criminally liable for raping his wife, as the womans marriage vows constituted ongoing consent for sexual relations. The judge in R v R 1991 recognised the changed attitudes of society towards the status of women and created judicial precedent which outlined that all non-consensual intercourse was rape, regardless of marital status† Basically before this case it was not illegal for a husband to rape his wife because it was in their marriage vows. So the judge made it law that it is illegal for a husband to rape his wife. Thus preventing husbands in future cases, standing up and saying their not doing anything illegal. Statute law Statute law is law that has been formally written down and recorded in an Act of Parliament. It has three parts, each if which has a role to play in making the law. Statute law differs from common law in the Following ways: It was created by Parliament, not by judges. It is not bound by judicial precedent. It can abolish and replace common law. It is formally recorded in an Act of law. Basically it’s a law made by parliament. Rules of statutory interpretation. The literal rule â€Å"According to this rule the workings of the Act must be interpreted according to its literal and grammatical meaning. † For example in Fisher v Bell (1961) The defendant, a shopkeeper, was prosecuted for displaying an illegal flick-knife for sale. Because it is an offense to offer such an item for sale (Restriction Of Offensive Weapons Act 1951) he was convicted. On appeal, however, it was held that â€Å"offer for sale† has a technical meaning in law, and a shop window display is an Invitation to Treat, not an Offer in contractual terms. The conviction was therefore quashed. The golden rule- â€Å"The golden rule of statutory interpretation  may be applied where  an application of the  literal rule would lead to an absurdity. † For Example in the case of Sigsworth (1935) The court decided that a man who had murdered his mother was not entitled to inherit her estate even though the Administration of Estates Act 1925 said that where a will had not been made the persons estate should go to the next of kin. In this case the next of kin was the persons murderer and this would have been a ridiculous result. The mischief rule The mischief rule of statutory interpretation is the oldest of the rules. The mischief rule  was established in  Heydon (1584) In this rule the courts try to discover what mischief the Act of Parliament was trying to remedy and then interpret the words accordingly. An example of this is Smith v Hughes (1960). A prostitute claimed that she was not soliciting for business even though she was attracting the attention of male passers-by, tapping on the window of a house. The Street Offences Act (1959) made it a criminal offence to solicit for business in a public place or a street. The prostitute argued that since she was not in a public place she was not guilty of an offence. The court found that the mischief that Act had been created to remedy was to try to stop people being solicited in the street and since she was attracting the attention of people in the street she was guilty of an offence. Advantages of these rules. Closes loopholes and allows the law to develop and adapt to changing needs, Recognises Parliament as the supreme law maker. Disadvantages of these rules. Judges can bring their own views, sense of morality and  prejudices to a case. Can be difficult to interpret. .