the penultimate chapter of a research is the data findings and analysis as it draws the final outcome and conclusion of the proposed work. Hence, this chapter is of utmost importance. In this present work, both quantitative and qualitative techniques were used in data collection and analysis. For the analysis of qualitative data, thematic analysis is used. On the other hand, MS Excel software is used to analyse the quantitative data, here the results are plotted in graphs and pie charts to draw a valid conclusion. 4.2: Thematic Analysis There are several themes in regards of this chapter. They are; Theme1: Operation of Carrefour in several Countries Carrefour started its operation first in Paris, France and over the past 40 years, this company has become a leading distribution group in in the world, being the largest retail group in the Europe and the second retail business in the world. Carrefour operates through four major formats; supermarkets, hypermarkets, convenient stores and hard discount. There are around 15500 stores in various parts of the world in the present. In 1975, the company ventured into Brazil and followed by China in 1995, and ever since have been blooming in three major markets in the world which are Asia, Europe and Latin America. 35% of the company’s revenue …show more content…
Hence, based on the survey, the profit potential and retail demand are factors to be considered before entering a foreign market. The biggest factor is demand. If the demand is good, it will be profitable for the company but if it is not up to the demand, it is not advisable for the company or firm to enter any market, both domestic and internationally. A company will not be able to sustain without making any profit. Thus based on the respondents of this study, the two main factors that influences Carrefour in entering the international market are profit potential and retail
In Chapter 19 of The Blank Slate, Steven Pinker discusses children which is one of his hot button topics. Pinker opens with a discussion on the nature-nurture debate - a debate pinning biology and environment against each other. Pinker states that Eric Turkheimer declares the debate to be over because he did a study that was completed over and over again, refined, and yielded the same results time and time again. Thus, creating the three laws of behavioral genetics.
In Attachment 8, this chart shows the Hi-Value Supermarket shopper interview results the studies that were conducted. This breaks down all 3 stores and provides more in-depth knowledge of their superior characteristics. In Attachment 9, it shows the financial situation which breaks down the 5%, 7%, and 10% possible price reductions. It is easier to compare the numbers in the different categories. Gross profit margin and breakeven sales numbers were conducted so
Introduction As the world we live in today continues to flatten, new channels begin to emerge across the globe. The technological age that we live in today has forever changed they way retailing functions, creating new opportunities for international success. However, the thought of internationalization can be daunting for many retailers, especially due the large history of retailers who have expanded internationally and then failed. Although this type of expansion can be overwhelming, if done properly, the new retail format can generate a great deal of success for the retailer.
And achieve as a result, the growth for its brand, market share, and sales
The study will apply various theoretical models in order to highlight the overall performance of Eataly, evaluating the factors that play an important role for the success of Eataly. Eataly is an Italian market being the largest all around the world; it offers variety of food and beverages, restaurants, retail items, bakery as well as cooling school. The study will provide an overview of Eataly, and the challenges they faced while operating within the market place. Retail industry presents relation between producers and consumers, thus, it allows the industrial firm reaching the market successfully and develop two way information transfer and services. according to Sebastiani & Montagnini (2014), among distributors, the grocery stores covers
Have you ever been insulted or judged by someone for something you did or the way you represent yourself to society? In the short story “The Cask of Amontillado” by Edgar Allan Poe, it talks about two friends Montresor and Fortunato, whose fates are determined by murder and revenge. Montresor planned to seek revenge on his friend for the insults he has committed despite Fortunato who isn’t aware of Montresor anger. The author of “The Cask of Amontillado” used symbolism and imagery to describe the theme of revenge.
Why did IKEA go international? Before starting to analyze IKEA’s internationalization, let’s consider on the question “why do companies go international?” Generally, companies go international for a lot of reasons, but the main ones are company growth and profit making as well.
According to the Suitcase Clinic organization homelessness means a temporary condition that people fall into when they cannot afford to pay for a place to live, or when their current home is unsafe or unstable. (Suitcase Clinic Organization ) Main reasons being homeless: cyclical nature of mental health/ substance abuse, unavailability of affordable accommodation-waiting lists for public housing and lack of reasonably priced houses. For example, in UK and USA housing stocks are unaffordable.
The company has also gained a strong brand image, because of its uniqueness as a
A Familiar organization There are many familiar organizations that have successfully used globalization to expand markets and profitability. One of such organization is Nike Inc. Established in 1964 with the name ‘Blue Ribbon Sports’ (BRS) by Phil Knight and Bill Bowerman, the organization began as a distributor and importer of Japanese running shoes before embarking on a project to design its brand, which has become a household name in sportswear industry (O 'Reilly, 2014). Analyzing ways Nike Inc. has successfully used globalization to expand markets and profitability. There are various ways Nike Inc. has successfully used globalization to expand markets and profitability.
Today, the company has hundreds of employees in scores of branches in Pakistan as well as abroad. Sheer hard work, dedication
Lack of understanding local customers’ shopping habit cultures. Using a suitable strategy to adapt and match the host nation’s culture is one of the most difficult challenges that many multinational enterprises have to overcome (Alphonse 2014). According to Harzing test based on Barlett & Ghosal’s foreign market entry theory (1999), while
Introduction Uniqlo is ranked as the 1st apparel brand in Japan (Fast retailing, 2014) and the 5th SPA (Specialty Store Retailer of Private Apparel) in the world (VFPress, 2012). The brand has demonstrated a strong development during the past years with around 818 stores worldwide, estimated at August 2015, (Fast retailing, 2014) and now, they are planning for an expansion to Vietnam market. This report will provide useful information which can be guidelines for Uniqlo’s strategy to enter a new market. The report covers four main parts: PESTLE analysis of Vietnam market; mode of entry suggestion; segments, targets and position process and 7Ps marketing mix. Question 1:
Customers do not want to switch to purchase different brands, as such they hold some bargaining power to drive the demand. In the luxury industry, it is possible that existing companies or new designers could enter internationally. However, the brand positioning serve as a serious barrier to create awareness due to customer loyalty and acceptability of the brand. In this case, threat of new entrants is relatively low.
1. Case Topic: The Globalization of LVMH In 1987, Louis Vuitton and Moet Hennessy decided to combine together to create a company called LVMH. It is a French multinational firm located in Paris and is regarded as the pioneer of luxurious goods corporation worldwide. LVMH Group has 5 main areas in which they are very lively, namely Wines & Spirits, Fashion & Leather Goods, Perfumes & Cosmetics, Watches & Jewelry and Selective retailing.