This website uses cookies to ensure you have the best experience. Learn more

Globalization – Opening Retail Outlets Essay

1707 words - 7 pages

ABC General Merchandising has been extremely successful with various stores throughout the United States. The President of ABC would like to open several stores off-shore. His main focus is Mexico City, Germany and India. The main office of ABC has chosen the locations and maintained the permits needed for operation. With my new acquired position as Senior Vice President, there are many obstacles I must triumph over before the stores can be opened for business.ANTICIPATED PROBLEMS OF OFF-SHORINGProblems that could affect the opening of new retail outlets for ABC General Merchandising Company are:• Advertising that will accommodate cultural interest• Items for consumption• Changes in consumer preferences• Failure by ABC to sufficiently predict consumers demands and sales quantity• Supply risk• Lack of ability to acquire preferred pricing boundaries and profitability because of manufacturing circumstances,• Fabrication inefficiencies• Augmented costs of merchandise• Currency trends• Greater than-expected levels of client cancellations or returns• Lack of success in ABC 's retail ventures due to common retail market circumstances or loss of market share to the competition• Setbacks in meeting delivery goals because of designs, fabrication or allotment problems• Legal tender fluctuations,• Government actions• Start-up and software complications related to its global restructuring efforts.ABC 's "ability to achieve desired operating and logistical efficiencies in the areas of distribution and information systems; start-up and software complications related to its global restructuring efforts." (Reebok International Ltd., 2000)This documentation of risk concerns is not in-depth. Certain aspects that could influence ABC's authentic outcome consist of but are not bounded to, the following; ABC maneuvers in an extremely aggressive and quickly shifting atmosphere. Consequently, new risk factors will be able to occur; also it is not likely management will grasp each risk factor, or be able to evaluate the shock of every single one on ABC's industry or the degree to which several distinct risk factors, or mixture of factors, might cause results to fluctuate significantly from those acknowledged in any pervious statements.ORGANIZATIONOutsourcing to Mexico City, Germany and India entails hiring of new management and setting criteria's related to the country. A committee is going to be formed to sit on an interviewing panel to interview perspective candidates for the manager positions. The individuals selected will need to be flexible with traveling. The candidates selected will train in the United States prior to the opening of their prospective stores. This training will entail: computer systems, merchandise, bookkeeping, Human Resource information, (for their employees and themselves) inventory control, and the learning of the English language. After the training has been conducted...

Find Another Essay On Globalization – Opening Retail Outlets

globalization and inequality-short essay

623 words - 2 pages formed one agenda, one unit, and with it, emerges the concept of winners and losers. Globalization has increased the gap between rich and poor. As we form one world, the level of inequality rises, the strong nations get richer, and the weak nations get poorer. The retail business is revolutionizing due to globalization, yet inequality seems to be the intimidating factor that comes with it.Globalization is being driven by five major factors

Starbucks - Going Global Fast Essay

6047 words - 24 pages also become increasingly aggressive in international markets with a 2004 store opening in Paris marking its first in that country and an announcement of plans to try its hand at the Indian market.2. Corporate Strategy2.1. Objective and AimsStarbucks' main objective is to establish itself as the most recognized and respected brand in the world. The company plans to continue to expand its outlets all over the world, grow its retail sales

Gooyear Case

658 words - 3 pages used as a sample to see how the consumer reacts and the direct impacts on its retail outlets. If the results are overall positive, it could use the same strategy to open a few more brands to the Sears centers. I do not think the Sears Centers should be a treat to the retail Good year stores, specially with the franchised stores in mind, primarily because of the different channel of distribution and clientel.

Bharti Walmart- Retail Store

9344 words - 37 pages Discount stores supercenters Sam's club Neighbour-hood markets International Totals 942 238 71 37 Retailing in India- Recent Trends and DevelopmentsRetail Industry in IndiaRetail industry is one of the largest growing industries in India. In India it has economy of 13% GDP. India has uppermost number of outlets per person and it is 7 per thousand. Retail sector has over 14 million outlets operates in India. Indian retail space

Analysis of HMV

3044 words - 12 pages are mainly the places where we can apply our strengths on. The can be opening new stores on different places, selling new different products, acquiring companies etc. As the opportunities are to be always looked after there are lots of threats as well which one need to look after. The threats mainly come from the weaknesses of a company, globalization which might also bring opportunities, competition etc.Over here is the SWOT report for HMV

Globalization processes and concepts

5349 words - 21 pages ) and found a profound implication in the quality of life of the communities and in the wellbeing experienced by these people. Fourthly, multinationals can have a significant influence in shaping policies in many national and transnational government bodies, such as the EU and WB, both key players in the globalization process. They took advantage of privatization and opening of the services. George Monbiot has shown that, analyzing the situation

Starbucks : Internationalisation Process to Eastern Europe

8787 words - 35 pages foodservice sales during the early 1990s, foodservice sales stabilised and outperformed retail during the review period, accounting for nearly 5% of hot drink sales in 2003 in volume terms. Growing disposable incomes, the proliferation of foodservice outlets mainly in urban areas and the continuous penetration of Western lifestyles and values all contributed to the dynamism of the foodservice channel. Today, chained coffee shops are not operating yet

Assess Globalization and the Legal Environment for Possible Expansion - Assignment

838 words - 4 pages of Gambia opening the country is hoping to boost economic activity. Gambia main focus has been about power, finances and IT which leave the door wide open for the apparel and retail market. The numbers suggest this and show the continuous growth year after year in exhibit below With there being mostly local products and little access to modern apparel retail products there is little competition at this stage of the game. Based on the 2015

Unit 3 assignment

1030 words - 5 pages Rainforest started 10 years ago in a small warehouse staffing five employees creating specialty widgets for its clients. Dedication to delivering the best possible experience for its customers has allowed Rainforest to grow substantially with retail outlets in 22 different states within the U.S. The recent acquisition of XYZ widgets, an online widget retailer, has poised Rainforest to expand into a global market. The acquisition and

Rapid and Continuous Flow of New Product in Hong Kong Fashion Industry through Quick Response Strategy

1097 words - 5 pages the Middle-east and Central America. Following the opening up of retail markets in China, these fashion brands have begun to develop their stores there. One of the most successful brands is Baleno. Baleno is owned by a listed company in Hong Kong called Texwinca. Texwinca is principally engaged in the production and sales of dyed yarns and knitted fabrics. It expanded its business into casual wear retailing by acquiring the trademark of Baleno in

Information Systems

1994 words - 8 pages led several business entities to strategize on cutting cost of operations. This has influenced the use of Information System in many retail outlets, especially supermarkets. In order to remain highly competitive with minimal cost, Tesco Supermarket has adopted the use of Information System in order to reduce operation costs maximize profit margins. This has been implemented at the point of sales, use of credit and debit cards online and

Similar Essays

Impact Globlalization Apple Essay

4036 words - 16 pages -troubled-outsourced-manufacturing-plants/8623 Smith, C. (2010) BLACK FRIDAY: Apple iPad, iPhone & Other Deals Coming to Europe Too?, retrieved on July 31, 2011 from Spence, N. (2010) Grand opening of Apple's 300th retail store brings Covent Garden to a standstill, retrieved on July 31, 2011 from

Branding And Positioning Essay

2452 words - 10 pages its e-commerce presence as this will maximize the brand's reach among targeted consumers around the globe.IntroductionMango is a lifestyle and retail brand that sells both apparel and accessories for the young modern woman. First opened on 1984 at Barcelona (Fashion Gear, Year undefined), its parent company is Mango Inc. A year after opening its first shop, the company already had five outlets at the same city and began its expansion in the

Globalization: The Effect On Europe Essay

4720 words - 19 pages , that is just factory jobs being taken away.There are still other jobs available in other aspects of a multi-national's business. Will East Asians work in the retail outlets or locals? There will no East Asians working as secretaries at the headquarters of the companies.Anti-globalists often say that it is because of globalization that female workers are being exploited in East Asia. Some multi-nationals manufacture their goods in these East

The Benetton Group Essay

1537 words - 6 pages the same benefits that competitors get from retail outlets that mirror the brand's image, without the administrative burden, cost of capital, lack of flexibility, and lack of fit for Benetton to operate all 6,000 locations.Michael Porter stated, "The role of the domestic nation seems to be as strong, or stronger, than ever. While the globalization of competition should lessen the importance of the nation, it does actually increase this importance