Socks
Labour
Physical: Workers closing socks off with sewing
machine, gathering socks from conveyer belts,
restocking yarn, placing socks on stands
Mental: Workers creating new patterns and designs,
Worker sewing socks
Information
Gathering information on the age and preferences of customers and stocking certain designs accordingly, best selling designs, information about competitors, tracking of customer purchases and orders, how seasonal designs are doing
Entrepreneurship
Mikael Söderlindh and Victor Tell are the founders of
Happy Socks, a retailing and manufacturing brand that
produces socks, underwear and swimwear. They had the idea of creating more colourful and "happy" socks, and later started their business and opening stores in eight countries.
Mikael Söderlindh and Victor Tell
Capital
Sock businesses have to invest money into buying equipment
such as automated knitting machines, conveyer belts, rollers, vacuum tubes, cutters, dying machines, boarding machines, other automated machinery, and buildings and resources involved
Knitting machines
Sock boarding machine
Land
Natural fibres like wool, bamboo, cotton, silk, linen are all
used to make yarn, which is what is knitted to make socks