Financial instruments (25) A) are created to transfer risks that are difficult to predict. B) are created to transfer risks that are relatively easy to predict. C) require certainty of an event to be able to transfer risk. D) eliminate the risk from uncertainty, they do not transfer it.

Zara, a global retail and apparel manufacturer based in spain that has successfully implemented this idea by having a continuous flow of new products that are typically limited in supply. zara has created a system that draws its clientèle into its stores, on average, 17 times per year as compared to 4 times per year for most stores. how is zara using it to gain competitive advantage? what specific technologies are used by zara to maintain this advantage over its competition?