Download or read book How Walmart Inc can successfully enter Singapore market written by Difrine Madara and published by GRIN Verlag. This book was released on 2020-12-09 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: Academic Paper from the year 2020 in the subject Communications - Public Relations, Advertising, Marketing, Social Media, grade: A, Kenyatta University, course: International Marketing, language: English, abstract: Singapore is the most developed economy in the Southeast Asia region with a GDP per capita of more than $90000. The country has a well developed retail sector buoyed with strong consumer base, high disposable incomes, high literacy rates and its strategic location. This presented a review of macro environment, competitive and SWOT analyses of the Singapore’s retail industry to determine how Walmart Inc can successful enter the market. The review found that the strength of Singapore lies on its favorable business laws and regulations, business-friendly tax rates and high disposable incomes among Singaporeans. Singapore is also highly developed in terms of physical infrastructure and serves as one of the busiest air traffic and sea port hubs in the world. The high disposable income and economic freedom makes it hugely attractive for retail business like Walmart. Stable political climate and socio-cultural diversity also attracts new businesses to the country. However, the study found that corona virus pandemic and high labour and rental costs posed the biggest threats to Singapore retail industry. Nonetheless, the paper suggests adoption of franchising market entry strategy as the most appropriate. Franchising is the most appropriate approach due to low costs and reduced risks of failure. To be successful, the retailer must select a franchisee of good reputation and with a shared vision. Lastly, Walmart can select a franchisee and prepare to enter Singapore market after country opens up for business in the aftermath of the current pandemic.
Download or read book Singapore Inc A Century of Business Success in Global Markets written by Leon Choong and published by Taylor & Francis. This book was released on 2023-12-18 with total page 330 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book features 100 local case studies examining the experiences of leading Singaporean companies across different sectors including aviation, logistics, banking, and real estate. They offer valuable insights into how companies adapted to evolving market dynamics, expanded their business portfolios, ventured into global markets, prioritised sustainability, and leveraged innovation and technology to maintain competitiveness. Through case studies, readers gain practical knowledge that can be applied to their own enterprises, a unique perspective into Singapore’s dynamic and competitive business landscape, and the successes and challenges faced by Singaporean companies. The book is divided into different sections exploring specific themes such as business strategy and transformation, diversification and expansion, sustainability, innovation and technology, financial performance, and risk management. It scrutinises how companies responded to shifting market conditions, competition, regulations, customer preferences, and global events. Additionally, it sheds light on the obstacles companies encountered in terms of sustainable practices, financial performance, risk management, talent retention, and technological advancements. By presenting cases across industries and companies in Singapore, Choong et al. highlight their triumphs, setbacks, and valuable lessons learned. This book can be rendered as a practical and essential resource for business professionals, entrepreneurs, and students interested in understanding effective business strategies.
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.
Download or read book The Company Walmart Inc Strategic Analysis of Internal and External Factors written by Bandar Hezam and published by . This book was released on 2023-02-09 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2022 in the subject Business economics - Operations Research, language: English, abstract: This report provides a strategic analysis for Walmart Inc by examining internal and external factors that may impact the company's brand and future objectives. The report uses the VRIO, PESTEL, and Porter's 5 force model to evaluate Walmart's strategies. The first chapter focuses on the internal analysis of Walmart, using the VRIO framework to evaluate the company's resources and core competencies. The report provides an overview of Walmart's organizational information, including its size, scope, vision, and mission. Walmart is the largest retailer in the US and one of the largest worldwide, with over 11,000 stores in 28 countries and 2.2 million employees. The company's mission is to help people save money so they can live better, and its vision is to be the destination for customers to save money, no matter how they want to shop. The report explores how Walmart reinforces its market reach and how it competes with big players like Amazon and Alibaba, and also analyzes the company's competitive advantages in e-commerce. Overall, the report provides insights into Walmart's internal factors and core competencies that contribute to its success in the retail industry.
Download or read book China and the Future of Globalization written by U.S.-China Economic and Security Review Commission and published by . This book was released on 2005 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Business written by Shad Morris and published by John Wiley & Sons. This book was released on 2020-07-21 with total page 432 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leveraging their extensive background at multi-national corporations, co-authors Shad Morris and James Oldroyd created an International Business course that is current, concise, and easy to implement. As instructors themselves, the authors focused on engaging pedagogy that prepares students for the global marketplace and created interactive resources to deepen the learning experience. This second edition of International Business includes extensive updates including coverage on important topics like COVID-19, Brexit and the US-China trade war. Additionally, the WileyPLUS course provides just-in-time resources like chapter introductory videos, whiteboard animations, cases/case application problems, adaptive practice, and more to help students apply their learning and think critically.
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.
Download or read book The Report written by and published by Oxford Business Group. This book was released on 2009 with total page 212 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Market Entry in China written by Christiane Prange and published by Springer. This book was released on 2016-05-14 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book compiles brand new case studies on the intricacies and market entry strategies of different companies in China. The sheer speed and scope of China’s growth makes it unique and investment opportunities are very attractive. Despite the potential, many western companies fail in their market entry strategies. This book traces the major sources of failure and uses cases to illustrate how firms can better cope with the challenging Chinese market. With a special focus on marketing, positioning, and branding, this book presents issues and solutions of both large multinationals and small niche market players.
Download or read book What s Your Digital Business Model written by Peter Weill and published by Harvard Business Press. This book was released on 2018-04-17 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Digital transformation is not about technology--it's about change. In the rapidly changing digital economy, you can't succeed by merely tweaking management practices that led to past success. And yet, while many leaders and managers recognize the threat from digital--and the potential opportunity--they lack a common language and compelling framework to help them assess it and guide them in responding. They don't know how to think about their digital business model. In this concise, practical book, MIT digital research leaders Peter Weill and Stephanie Woerner provide a powerful yet straightforward framework that has been field-tested globally with dozens of senior management teams. Based on years of study at the MIT Center for Information Systems Research (CISR), the authors find that digitization is moving companies' business models on two dimensions: from value chains to digital ecosystems, and from a fuzzy understanding of the needs of end customers to a sharper one. Looking at these dimensions in combination results in four distinct business models, each with different capabilities. The book then sets out six driving questions, in separate chapters, that help managers and executives clarify where they are currently in an increasingly digital business landscape and highlight what's needed to move toward a higher-value digital business model. Filled with straightforward self-assessments, motivating examples, and sharp financial analyses of where profits are made, this smart book will help you tackle the threats, leverage the opportunities, and create winning digital strategies.
Download or read book The Global Rule of Three written by Jagdish Sheth and published by Springer Nature. This book was released on 2020-12-10 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: In our increasingly digital, mobile, and global world, the existing theories of business and economics have lost much of their appeal with the phenomenal rise of Chindia, the reality of Brexit, the turmoil caused by the Covid-19 pandemic, and the seismic shifting of the global center of gravity from west to east. In the area of innovation, the traditional thinking that a developed country, often the US, will come up with the next major innovation, launch at home first, and then take it to other markets does not ring true anymore. Similarly, the world where conglomerates go bargain-hunting for acquisitions in emerging markets has been turned upside-down. This book reveals and illustrates the Global Rule of Three phenomenon, which stipulates that in competitive markets only three companies (which the authors call "generalists") can dominate the market. All other players in the market are specialists. Further, whereas the financial performance of generalists improves as market share increases, specialist companies see a decrease in financial performance as their market share increases, as the latter are margin-driven companies. This theory powerfully captures the evolution of global markets and what executives must do to succeed. It is based on empirical analyses of hundreds of markets and industries in the US and globally. Competitive markets evolve in a predictable fashion across industries and geographies, where every industry goes through a similar lifecycle from beginning to end (or revitalization). From local to regional to national markets, the last stop in the evolution of markets is going global. The pattern is so consistent that it represents a distinct and natural market structure at every level. The authors offer strategies that generalists and specialist should follow to stay competitive as well as twelve expansion strategies for global companies from emerging markets. This book chronicles this global evolution and provides impactful managerial implications for executives and students of marketing and corporate strategy alike.
Download or read book IS Management Handbook written by Carol V. Brown and published by CRC Press. This book was released on 1999-10-28 with total page 943 pages. Available in PDF, EPUB and Kindle. Book excerpt: In systems analysis, programming, development, or operations, improving productivity and service - doing more with less - is the major challenge. Regardless of your management level, the Handbook gives you the advice and support you need to survive and prosper in the competitive environment. It is the only comprehensive and timely source of technic
Download or read book To Serve God and Wal Mart written by Bethany Moreton and published by Harvard University Press. This book was released on 2009-05-31 with total page 391 pages. Available in PDF, EPUB and Kindle. Book excerpt: This extraordinary biography of Wal-Mart's world shows how a Christian pro-business movement grew from the bottom up as well as the top down, bolstering an economic vision that sanctifies corporate globalization.
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
Download or read book Entrepreneurship and the Internationalisation of Asian Firms written by Henry Wai-Chung Yeung and published by Edward Elgar Publishing. This book was released on 2002-01-01 with total page 332 pages. Available in PDF, EPUB and Kindle. Book excerpt: Entrepreneurs engaging in international business face business environments that are fundamentally different from their home countries. Despite decades of entrepreneurship research, we know little about these entrepreneurs and their strategic behaviour in establishing and managing transnational operations.
Download or read book Why Things Are Going to Get Worse And Why We Should Be Glad written by Michael Roscoe and published by New Internationalist. This book was released on 2014-12-15 with total page 293 pages. Available in PDF, EPUB and Kindle. Book excerpt: The free-market capitalist system is in the process of collapse and we must now adjust to the reality of declining prosperity in the West. We should forget about growth and concentrate instead on the creation of jobs and reducing fossil fuel use—and it isn't impossible to achieve these two apparently conflicting aims. This is the thrust of the author's arguments and through the use of clear consistent charts he builds his case up from first principles. He graphically illustrates every important point and creates a compelling and powerful picture of why it's bad, why it's going to get worse, and why this presents an opportunity to make things better. This is a vision of life in which we will be forced to confront the real issues. Among other things, we must recognize that all wealth comes from the earth, we must concentrate on creating jobs and sharing earnings more fairly, and we should have more regulation especially in relation to banks and corporations and reducing competition between nations. And most of all we must return to the real values of real industry away from the current obsession with making money from money. Mike Roscoe is a journalist with many years' experience in the interpretation of data and the illustration of such information in graphic form, accompanied by clear and concise text. He has worked at the Financial Times, the Economist, the Daily Telegraph, and the Independent.
