The Digital World Wins

Posted by & filed under Accounting Information Systems, Accounting Principles, Advanced Accounting, All Articles, Auditing, Behavioral and Social Issues Related to Accounting, Cost Accounting, Financial Accounting, Intermediate Accounting, International Accounting, Managerial Accounting, Uncategorized.

This very interesting article in the New York Times details how robotics has helped revive Savile Row, an area in London where tailoring companies established as early as 1819, work to survive the pandemic.

Questions:

  1. In what ways does the company use robotics?
  2. How did the quarantines sap profits and the way the companies usually operate in the area?
  3. What are some of the other solutions for the pandemic detailed in the article?
  4. What was the most interesting thing that you learned in the article?

Source:

Segal, D. (2020) To Survive the Pandemic, Savile Row Cuts A Bespoke Strategy. The New York Times, Nov. 15 (Retrievable online at https://www.nytimes.com/2020/11/15/business/savile-row-covid.html)