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Fastech Fashions: A Struggle for Survival

Anurag Chaturvedi, Neera Jain, Ankur Roy

商品編號:W36157
出版日期:2024/04/04
再版日期:
商品來源:
商品主題:General Management/Strategy
商品類型:Case (Field)
涵蓋議題:Fastech Fashions;Rourkela, India;entrepreneurship;business strategy;organizational behavior;social entrepreneurship;profit-motivated ventures;contribution margin;annual revenue;COVID-19 impact;weaving industry;product diversification;strategic choices;philanthropy in business;investor pressure;balancing profitability;decision-making complexities;societal impact
難易度:4 - Undergraduate/MBA
內容長度:14 頁
地域:India
產業:Other Services
事件年度:2023

Fastech Fashions Private Ltd. was founded in Rourkela, India in 2017 with the goal to elevate the livelihoods of traditional Odia weavers. By 2022 the company had experienced notable success, focusing on T-shirts, school uniforms, traditional handicraft products, professional attire, and athleisure. However, tension between the investors and one of the owners grew when the owner's commitment to reinvesting in weavers for broader societal impact interfered with the company's profits. Balancing profitability and philanthropy became a critical challenge. The emotional and logical complexities of decision-making had to be made while under constant pressure from investors. Strategic choices needed to be considered, as well as the delicate balance between business success and social impact.

教學手冊:Fastech Fashions: A Struggle for Survival - Teaching Note
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