Wal Mart Case Study China Operation

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Wal-Mart Case Study - China Operation

Author : Johnsen
Publisher : GRIN Verlag
ISBN 13 : 3640204204
Total Pages : 66 pages
Book Rating : 4.6/5 (42 download)

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Book Synopsis Wal-Mart Case Study - China Operation by : Johnsen

Download or read book Wal-Mart Case Study - China Operation written by Johnsen and published by GRIN Verlag. This book was released on 2008-11 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2007 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 70, Oxford Brookes University, 71 entries in the bibliography, language: English, abstract: China, a country with population of 1.3 billion people and is currently experiencing rapid growth in economy since it open itself to the world for investment. In the year of 1994, Wal-Mart made its first move to China by selecting CITIC (China International Trust and Investment Corporation) group as local partner for the investment. Opening its first store in Shen-Zen in the year of 1996 and since then has grown to 81 stores in 20 more cities around china. In China, Wal-Mart is using adaptation strategy where it locally sourced its product although the organizational culture is standardized with the home country. Adaptation strategy does not apply only to the product wise, in term of the store formats are also adapted to the local cultures where racks height, and stores layout are also changed to meet local taste. From the macro-environment view of the china retailing industry, Wal-Mart will face threats on the political side where the government is not transparent enough in the policy making. Moreover, it is currently anticipating the economic big turnover by tightening the regulations on the land although China is still encouraging foreign investment. In China, Wal-Mart will face strong competition from its arch-rivals Carrefour and other strong local competitor such as Lian-Hua supermarkets and China Resources Enterprise of which both are the pioneers in the China retailing industry. The current position of Wal-Mart in China is still far away to be as the same level with them as Wal-Mart is unable to apply its superiority in logistics that win the competition in USA. Although it is a vast market, not all the populations have great spending power. It is a country of haven and have not, where the income disparity become a large issue. Th

Walmart in China

Author : Anita Chan
Publisher : Cornell University Press
ISBN 13 : 0801462681
Total Pages : 305 pages
Book Rating : 4.8/5 (14 download)

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Book Synopsis Walmart in China by : Anita Chan

Download or read book Walmart in China written by Anita Chan and published by Cornell University Press. This book was released on 2011-11-15 with total page 305 pages. Available in PDF, EPUB and Kindle. Book excerpt: Walmart and "Made in China" are practically synonymous; Walmart imports some 70 percent of its merchandise from China. Walmart is now also rapidly becoming a major retail presence there, with close to two hundred Walmarts in more than a hundred Chinese cities. What happens when the world's biggest retailer and the world's biggest country do business with each other? In this book, a group of thirteen experts from several disciplines examine the symbiotic but strained relationship between these giants. The book shows how Walmart began cutting costs by bypassing its American suppliers and sourcing directly from Asia and how Walmart's sheer size has trumped all other multinationals in squeezing procurement prices and, as a by-product, driving down Chinese workers’ wages. China is also an inviting frontier for Walmart’s global superstore expansion. As China's middle class grows, the chain's Western image and affordable goods have become popular. Walmart's Arkansas headquarters exports to the Chinese stores a unique corporate culture and management ideology, which oddly enough are reminiscent of Mao-era Chinese techniques for promoting loyalty. Three chapters separately detail the lives of a Walmart store manager, a lower-level store supervisor, and a cashier. Another chapter focuses on employees' wages, "voluntary" overtime, and the stores' strict labor discipline. In 2006, the official Chinese trade union targeted Walmart, which is antilabor in its home country, and succeeded in setting up union branches in all the stores. Walmart in China reveals the surprising outcome.

Wal-Mart case study - China operation

Author : Johnsen Chen
Publisher : GRIN Verlag
ISBN 13 : 3638826414
Total Pages : 31 pages
Book Rating : 4.6/5 (388 download)

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Book Synopsis Wal-Mart case study - China operation by : Johnsen Chen

Download or read book Wal-Mart case study - China operation written by Johnsen Chen and published by GRIN Verlag. This book was released on 2007-07-06 with total page 31 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2007 in the subject Business economics - Offline Marketing and Online Marketing, grade: 70, Oxford Brookes University, language: English, abstract: China, a country with population of 1.3 billion people and is currently experiencing rapid growth in economy since it open itself to the world for investment. In the year of 1994, Wal-Mart made its first move to China by selecting CITIC (China International Trust and Investment Corporation) group as local partner for the investment. Opening its first store in Shen-Zen in the year of 1996 and since then has grown to 81 stores in 20 more cities around china. In China, Wal-Mart is using adaptation strategy where it locally sourced its product although the organizational culture is standardized with the home country. Adaptation strategy does not apply only to the product wise, in term of the store formats are also adapted to the local cultures where racks height, and stores layout are also changed to meet local taste. From the macro-environment view of the china retailing industry, Wal-Mart will face threats on the political side where the government is not transparent enough in the policy making. Moreover, it is currently anticipating the economic big turnover by tightening the regulations on the land although China is still encouraging foreign investment. In China, Wal-Mart will face strong competition from its arch-rivals Carrefour and other strong local competitor such as Lian-Hua supermarkets and China Resources Enterprise of which both are the pioneers in the China retailing industry. The current position of Wal-Mart in China is still far away to be as the same level with them as Wal-Mart is unable to apply its superiority in logistics that win the competition in USA. Although it is a vast market, not all the populations have great spending power. It is a country of haven and have not, where the income disparity become a large issue. The middle income class only represents 25-30 millions people and mostly remain in the urban area. China is a very fragmented market and rich in cultures background which may trap companies to generalize them. Despite of it, China is certainly a very attractive market to invest in as the indicators in economic has been shining for the last twenty years.

Walmart in China

Author : Anita Chan
Publisher : Cornell University Press
ISBN 13 : 0801462681
Total Pages : 305 pages
Book Rating : 4.8/5 (14 download)

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Book Synopsis Walmart in China by : Anita Chan

Wal Mart Business Case Study

Author : Nihat Canak
Publisher : GRIN Verlag
ISBN 13 : 3638575047
Total Pages : 15 pages
Book Rating : 4.6/5 (385 download)

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Book Synopsis Wal Mart Business Case Study by : Nihat Canak

Download or read book Wal Mart Business Case Study written by Nihat Canak and published by GRIN Verlag. This book was released on 2006-11-28 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Research Paper (undergraduate) from the year 2006 in the subject Business economics - Marketing, Corporate Communication, CRM, Market Research, Social Media, grade: 1.0, Western Carolina University, course: Marketing Management & Mature Consumers, 7 entries in the bibliography, language: English, abstract: Wal-Mart, the largest retail company in the world, specializes in the operation of mass merchandising and supermarket stores. The company operates through three segments, namely the Wal-Mart stores, Sam’s Club, and the International segments in Asia, Europe, and South America. Wal-Mart is headquartered in Bentonville, Arkansas. Wal-Mart recorded total revenues of $287.9 billion during the fiscal year ended January 2005, an increase of 11.3% over fiscal 2004. The company recorded a net income of $10.2 billion in fiscal 2005, an increase of 13.4% over 2004. There are several issues that impresses me about this company and of course some that I find unimpressive. First of all, a question that I asked myself for so many times was: How could it be that it is so easy to get in but so hard to get out? I can imagine that ever since they built a “super” WALMART here in Cullowhee, the place has really livened up (I can not tell how it was before. I just spent a year in Cullowhee as an international student). I mean where else can a guy go at 2 o’clock in the afternoon and find more people than there are open registers. It is literally amazing to me for the simple fact that every experience is a new one. You walk in and there is just as much hustle and bustle as Santa’s workshop, or Hugh’s Mansion. So you grab a cart and immediately jump in the fast lane. Not a good move in my opinion, once I had a fender bender with an elderly woman. She rammed into the back of my leg in a motorized cart and before I could say excuse me she said, “That’s how people get run over.” But as usual I kept on truckin’ and the first place I go is to the toiletries section. I always go there first because no matter what you always need something. From that point on, you are infected with the Wal-Mart virus. This infection deteriorates the bankbook and can result in permanent financial trauma. My advice is to practice safe Wal-Mart spending and bring somebody who has no money. The worst part of the whole experience comes upon exiting the building when you have to pass the security checkpoint at the door wearing a rubber glove. I really hate this part because it makes you feel like you did steal something. The person politely asks for your receipt and looks at it to make sure you got everything. What are they going to do, look at it and say “excuse me sir are you aware that you stole this?”

The Wal-Mart Effect

Author : Charles Fishman
Publisher : Penguin
ISBN 13 : 9781594200762
Total Pages : 316 pages
Book Rating : 4.2/5 (7 download)

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Book Synopsis The Wal-Mart Effect by : Charles Fishman

Download or read book The Wal-Mart Effect written by Charles Fishman and published by Penguin. This book was released on 2006 with total page 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: An award-winning journalist breaks through the wall of secrecy to reveal how the world's most powerful company really works and how it is transforming the American economy.

The Wal-Mart Way: The Inside Story of the Success of the World's Largest Company

Author : Don Soderquist
Publisher : Pearson Education India
ISBN 13 : 9788131723128
Total Pages : 244 pages
Book Rating : 4.7/5 (231 download)

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Book Synopsis The Wal-Mart Way: The Inside Story of the Success of the World's Largest Company by : Don Soderquist

Download or read book The Wal-Mart Way: The Inside Story of the Success of the World's Largest Company written by Don Soderquist and published by Pearson Education India. This book was released on 2005 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: Author Don Soderquist, Wal-Mart's retired Vice Chairman and COO, writes passionately about the company; its founder, the late Sam Walton; and its corporate culture. Once dubbed "keeper of the culture," he is not here to write a balanced, objective corporate biography. Instead, his admiration and respect for Walton and Wal-Mart shine from every line. He examines the company's workings from its humble beginnings to its rapid, phenomenal expansion. Soderquist describes Wal-Mart's commitment to its customers and employees, and describes its cost-cutting zeal. He details its use of new technology to revolutionize internal systems. These insights from the inside are very interesting, but - perhaps because the author was in the highest ranks of the company's leadership - the tone is so pro-Wal-Mart that it has the taste of public relations. However, if you seek immersion in this distinctive corporate culture and want to emulate the principles that worked for it, getAbstract stands beside the big glass doors and welcomes you to Wal-Mart. Do you need a shopping cart?

International Retailing

Author : Nicholas Alexander
Publisher : Oxford University Press
ISBN 13 : 0199212821
Total Pages : 401 pages
Book Rating : 4.1/5 (992 download)

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Book Synopsis International Retailing by : Nicholas Alexander

Download or read book International Retailing written by Nicholas Alexander and published by Oxford University Press. This book was released on 2009 with total page 401 pages. Available in PDF, EPUB and Kindle. Book excerpt: "International Retailing reflects contemporary research and current practice, focusing on what is happening in the field, who is making it happen, why it is happening in the way it is, and how it is happening. Structured around four parts, this textbook guides students through the internationalization process, considering international markets, and how retail companies operate within them. It concludes by exploring future trends and challenges of the international retail marketplace." "The text is packed with a wealth of international examples and familiar case studies, clearly showing how the theory translated into practice."--BOOK JACKET.

The Wal-Mart Revolution

Author : Richard K. Vedder
Publisher : A E I Press
ISBN 13 :
Total Pages : 266 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Wal-Mart Revolution by : Richard K. Vedder

Download or read book The Wal-Mart Revolution written by Richard K. Vedder and published by A E I Press. This book was released on 2006 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: Wal-Mart is under attack--from labor unions, urban planners, globalization critics, and community activists. Looking at Wal-Mart, the authors review conditions before and after Wal-Mart entered a local market and look more broadly at Wal-Mart's impact on wages, productivity growth and inflation. Vedder and Cox show that the retailer has been a force for good.

A/AS Level Geography for AQA Student Book

Author : Ann Bowen
Publisher : Cambridge University Press
ISBN 13 : 1316606325
Total Pages : 617 pages
Book Rating : 4.3/5 (166 download)

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Book Synopsis A/AS Level Geography for AQA Student Book by : Ann Bowen

Download or read book A/AS Level Geography for AQA Student Book written by Ann Bowen and published by Cambridge University Press. This book was released on 2016-08-11 with total page 617 pages. Available in PDF, EPUB and Kindle. Book excerpt: A new series of full-coverage resources developed for the AQA 2016 A/AS Level Geography specification. This full-colour Student Book covers all core and optional units for the AQA AS and A Level Geography specification for first teaching from September 2016. Students are encouraged to develop links between physical and human topics, understand systems, processes, and acquire geographical skills. Helping to bridge the gap from GCSE to A Level, it also provides support for fieldwork skills and for the geographical investigation at A Level. A 'Maths for geographers' feature helps students develop and apply their mathematical and statistical skills, and a range of assessment-style questions support students in developing their exam skills.

Strategies of Multinational corporations in the emerging markets China and India

Author : Andreas van de Kuil
Publisher : diplom.de
ISBN 13 : 3836621541
Total Pages : 102 pages
Book Rating : 4.8/5 (366 download)

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Book Synopsis Strategies of Multinational corporations in the emerging markets China and India by : Andreas van de Kuil

Download or read book Strategies of Multinational corporations in the emerging markets China and India written by Andreas van de Kuil and published by diplom.de. This book was released on 2008-10-29 with total page 102 pages. Available in PDF, EPUB and Kindle. Book excerpt: Inhaltsangabe:Abstract: In recent years, China and India have become two of the most important markets in terms of sales, low-cost manufacturing and R&D operations. The future progress will increase the competitive advantage for both countries and attract MNC s from all over the world to invest. Nevertheless, success is not guaranteed, even with the large business opportunities that China and India provide. A MNC has to be aware of various challenges that both countries pose, such as government interventions, underdeveloped infrastructures or copyright violations. Hence, MNC s need efficient strategies in order to compete and improve their position in these markets. Particularly the implementation of an efficient innovation and knowledge strategy has become a crucial aspect. Effectiveness in local product adjustments, globalizing R&D, tailoring talent management, mastering the complexity of global value chains, and managing risks are success factors that have to be considered. This, however, is not an easy task. Multiple failures of MNC s in China and India demonstrate that it is important to adapt a company s strategy to the local customer needs and to obtain a competitive advantage in the field of innovation. The purpose of this master thesis is to discuss all these aspects and present crucial factors for the implementation of an efficient strategy for the two markets China and India, with a focus on innovation and knowledge. Obviously, there are limits to the scope of this dissertation. Some aspects as for example the cultural background of both countries, governmental restrictions, the role of outsourcing or the availability of financial resources have either not been considered or are only discussed briefly. Moreover, this dissertation will only provide a general overview as the business environment of MNC s in each market will differ. Introduction: In the last 10 to 20 years the term emerging market has become very important in the international business context because countries such as China or India grew heavily and created new, enormous market segments. Companies from all over the world are seeking to do business in economically developing countries because of their great potential. Gross domestic product (GDP) per capita figures exceeding 10 per cent a year, a business environment of over five billion people (approximately 80 per cent of the global population), a growing domestic customer group of wealthy people, excellently educated [...]

The Everything Store

Author : Brad Stone
Publisher : Little, Brown
ISBN 13 : 0316219258
Total Pages : 387 pages
Book Rating : 4.3/5 (162 download)

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Book Synopsis The Everything Store by : Brad Stone

Download or read book The Everything Store written by Brad Stone and published by Little, Brown. This book was released on 2013-10-15 with total page 387 pages. Available in PDF, EPUB and Kindle. Book excerpt: The authoritative account of the rise of Amazon and its intensely driven founder, Jeff Bezos, praised by the Seattle Times as "the definitive account of how a tech icon came to life." Amazon.com started off delivering books through the mail. But its visionary founder, Jeff Bezos, wasn't content with being a bookseller. He wanted Amazon to become the everything store, offering limitless selection and seductive convenience at disruptively low prices. To do so, he developed a corporate culture of relentless ambition and secrecy that's never been cracked. Until now. Brad Stone enjoyed unprecedented access to current and former Amazon employees and Bezos family members, giving readers the first in-depth, fly-on-the-wall account of life at Amazon. Compared to tech's other elite innovators -- Jobs, Gates, Zuckerberg -- Bezos is a private man. But he stands out for his restless pursuit of new markets, leading Amazon into risky new ventures like the Kindle and cloud computing, and transforming retail in the same way Henry Ford revolutionized manufacturing. The Everything Store is the revealing, definitive biography of the company that placed one of the first and largest bets on the Internet and forever changed the way we shop and read.

From Gulag to Guantanamo

Author : Wesley Kendall
Publisher : Rowman & Littlefield
ISBN 13 : 1783484713
Total Pages : 203 pages
Book Rating : 4.7/5 (834 download)

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Book Synopsis From Gulag to Guantanamo by : Wesley Kendall

Download or read book From Gulag to Guantanamo written by Wesley Kendall and published by Rowman & Littlefield. This book was released on 2015-12-04 with total page 203 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers the reader an incisive view into the political, social and economic evolutions of mass incarceration across the globe. It examines the different political and social contexts that combine with free market mechanisms of mass incarceration to ascertain how economic incentives shape penal policy. Using qualitative analysis of a wide variety of incarceration forms, each chapter compares a US example with a non-US case study, showing how first world countries that occupy the economic forefront of prison privatization are exporting new models of penal institutionalization to developing countries. The chapters examine issues such as the privatization of asylum detention centres, the economic impacts of maintaining vast forced labour camps, the social consequences of imprisoning journalists, and the use of state sanctioned torture. Capturing a nascent international trend through an interdisciplinary lens, this book questions why so many languish in prison, whether the incarceration of thousands benefits society as a whole, and how these penal policies might be roundly reconsidered.

The Retail Revolution

Author : Nelson Lichtenstein
Publisher : Metropolitan Books
ISBN 13 : 1429989718
Total Pages : 320 pages
Book Rating : 4.4/5 (299 download)

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Book Synopsis The Retail Revolution by : Nelson Lichtenstein

Download or read book The Retail Revolution written by Nelson Lichtenstein and published by Metropolitan Books. This book was released on 2009-07-21 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: The definitive account of how a small Ozarks company upended the world of business and what that change means Wal-Mart, the world's largest company, roared out of the rural South to change the way business is done. Deploying computer-age technology, Reagan-era politics, and Protestant evangelism, Sam Walton's firm became a byword for cheap goods and low-paid workers, famed for the ruthless efficiency of its global network of stores and factories. But the revolution has gone further: Sam's protégés have created a new economic order which puts thousands of manufacturers, indeed whole regions, in thrall to a retail royalty. Like the Pennsylvania Railroad and General Motors in their heyday, Wal-Mart sets the commercial model for a huge swath of the global economy. In this lively, probing investigation, historian Nelson Lichtenstein deepens and expands our knowledge of the merchandising giant. He shows that Wal-Mart's rise was closely linked to the cultural and religious values of Bible Belt America as well as to the imperial politics, deregulatory economics, and laissez-faire globalization of Ronald Reagan and his heirs. He explains how the company's success has transformed American politics, and he anticipates a day of reckoning, when challenges to the Wal-Mart way, at home and abroad, are likely to change the far-flung empire. Insightful, original, and steeped in the culture of retail life, The Retail Revolution draws on first hand reporting from coastal China to rural Arkansas to give a fresh and necessary understanding of the phenomenon that has transformed international commerce.

Market Integration: The EU Experience and Implications for Regulatory Reform in China

Author : Niels Philipsen
Publisher : Springer
ISBN 13 : 3662482738
Total Pages : 317 pages
Book Rating : 4.6/5 (624 download)

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Book Synopsis Market Integration: The EU Experience and Implications for Regulatory Reform in China by : Niels Philipsen

Download or read book Market Integration: The EU Experience and Implications for Regulatory Reform in China written by Niels Philipsen and published by Springer. This book was released on 2015-11-06 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the relationship between regulation and market integration, with a special focus on China. It pursues a Law and Economics and Comparative Law approach (China and EU) to analyze the current obstacles to market integration and domestic economic growth in China. Topics covered at the national level include competition law, public procurement rules and financial regulation. At the regional and local level, this book addresses questions related to administrative monopolies, self-regulation, legal services markets, and environmental law.

The Quest for Global Dominance

Author : Anil K. Gupta
Publisher : John Wiley & Sons
ISBN 13 : 1119097452
Total Pages : 320 pages
Book Rating : 4.1/5 (19 download)

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Book Synopsis The Quest for Global Dominance by : Anil K. Gupta

Download or read book The Quest for Global Dominance written by Anil K. Gupta and published by John Wiley & Sons. This book was released on 2015-01-12 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: Anil K. Gupta, Vijay Govindarajan, and Haiyan Wang are among the most distinguished experts in the field of globalization. In The Quest for Global Dominance they present the lessons from their twenty-year study of over two hundred corporations. They argue that, in order for a company to create and maintain its position as a globally dominant player, executives must ensure that their company leads its industry in the following four essential tasks: Identifying market opportunities worldwide and pursuing them by establishing the necessary presence in all key markets Converting global presence into global competitive advantage by identifying and developing the opportunities for value creation that global presence offers Cultivating a global mindset by viewing cultural and geographic diversity as an opportunity, not just a challenge Leveraging the rise of emerging markets especially China and India to transform the company's growth prospects, global cost structure, and pace of innovation

The Wal-Mart Success Story

Author : Christian Kneer
Publisher : GRIN Verlag
ISBN 13 : 3640420047
Total Pages : 29 pages
Book Rating : 4.6/5 (44 download)

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Book Synopsis The Wal-Mart Success Story by : Christian Kneer

Download or read book The Wal-Mart Success Story written by Christian Kneer and published by GRIN Verlag. This book was released on 2009-09 with total page 29 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2005 in the subject Business economics - Trade and Distribution, grade: 1,3, University of Hull, language: English, abstract: This report should call attention to the success story of Wal-Mart and reveal by using appropriate strategic framework why they are one of the most controversial companies. Subsequently, the goal of this strategic analysis is to examine Wal-Mart's quest to dominate international markets. In addition Wal-Mart's corporate identity will be discussed and several solutions to the challenges will be proposed.