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

Seven Eleven Japan Essay

3063 words - 12 pages

EXECUTIVE SUMMARY7-Eleven, Inc. is the world's largest operator, franchiser and licensor of convenience stores with more than 24,000 units worldwide. The company name was changed from The Southland Corporation after approval by shareholders in 1999.Japan plays a central role in Seven-Eleven's network of 24,677 stores in 19 countries and territories, and on Aug 31 2003 the number of outlets of Seven-Eleven in Japan passed 10,000. This is the first case of a retailer possessing more than 10,000 stores within a single country anywhere in the world.IYG Holding Company, a wholly owned subsidiary of Ito-Yokado Co., Ltd., and Seven-Eleven Japan Co., Ltd., has owned a majority interest in 7-Eleven, Inc. since 1991. Seven-Eleven Japan operates more than 9,400 7-Eleven stores in Japan and Hawaii under an area license agreement with 7-Eleven, Inc. 7-Eleven, Inc. stock is traded publicly on NYSE under the symbol SE.The breakthrough came in the 30th year of business for this company, which opened its first store in Tokyo's Toyosu district in 1974 after introducing the business model from the United States. The company has enjoyed expanding profits in every one of the 23 years since it became publicly listed in 1979, and it has grown into one of the most profitable firms in Japan's retailing industry.CASE BACKGROUNDA successful story of implementing technologyOne reason for Seven-Eleven's sparkling performance is its cautious management.Toshifumi Suzuki, Seven-Eleven's chairman, says that he would stop opening new stores if sales at existing ones declined sharply. His caution is reflected in Seven-Eleven's finances, which are largely debt-free.Yet solid management is not the only contributor to Seven-Eleven's success. The chain's other distinction lies in its deft use of electronics. It pioneered many techniques for using the Internet that are still ahead of the curve. By the mid-1980s it had already replaced old-fashioned cash registers with point-of-sale (POS) systems that monitor customer purchases. By 1992, it had overhauled its information-technology systems four times.Back in those days--and indeed, even now--it would have been hard to build on the back of the Internet alone a system that satisfied all Seven-Eleven's complex demands. It wanted an easy-to-use multimedia system with pictures and sound, since most workers are part-timers with scant computer skills. It also wanted a system that could quickly repair itself if something went wrong.Suzuki created his company at a time when environmental changes in Japan were calling for a convenience store franchise solution. His 'retail revolution' could not have been possible without heavy investments in IT. The case can be used in four types of courses or topic areas:1.The 'information broker' or 'electronic partnerships' focusing on networked organizations or new organizational forms.2.The role of IT in 'transforming industry structure' or how to create and sustain a competitive advantage through IT3.The...

Find Another Essay On Seven Eleven Japan

Death Destruction and Mercilessness- A day of Imfany. Pearl Harbor Essay. includes times, dates, and locations. 1,729 word essay

1728 words - 7 pages seven American aircraft carriers were out to sea at the time of the attack. The airborne attack failed to destroy facilities at Pearl Harbor Naval Base, which contained crucial supplies and fuel that helped America to repair and fuel its Pacific fleet.Was the bombing of Pearl Harbor really a success? This question has many answers for differing views on the attack. Some claim that it was a huge success for Japan because it caused so much death and

Eastern Way Essay

1697 words - 7 pages , the government structure of Chosen formally known as Korea, was distinctive from Japan. The political structure became militaristic, by establishing a Government-General who had complete atomity over Korea and was only answerable to the Emperor of Japan. Out of the eight Government Generals seven were army generals and the other was an navel admiral. The bureaucratic structure represented more of a dictatorship other than a community which

Eastern Way

1697 words - 7 pages , the government structure of Chosen formally known as Korea, was distinctive from Japan. The political structure became militaristic, by establishing a Government-General who had complete atomity over Korea and was only answerable to the Emperor of Japan. Out of the eight Government Generals seven were army generals and the other was an navel admiral. The bureaucratic structure represented more of a dictatorship other than a community which

Evaluate the containment policy in Europe from 1945-1950

520 words - 3 pages Cominform served as a unifier.Militarily, the US used their deterrent of nuclear weapons, including against Hiroshima and Nagasaki in 1945 to alarm the Soviet Union. This, however, was ineffective in containing communism - it did not scare the USSR and make them compliant to the US. Stalin was encouraged by the US bombs on Japan to develop the USSR's own atomic bomb, which did happen in 1949, much to the unease of Americans. Both sides had nuclear


749 words - 3 pages : American Products Don't Suit the Japanese Consumer and answer the following questions (a) List reasons that Snapple was not accepted by the Japanese market (b) Visit Snapple's home page and study their products. Identify corporate cultures of Quaker Oats and Seven Eleven (Japan) through their home pages and identify which Company's culture fits to Snapple's 6. Lecture 4&5 A new System Installment of Sanki Denki See and Read " A New System

Innocent Smoothies Are Coming to Japan

3317 words - 14 pages health benefits than Innocent’s products.   Potential Distribution Strategy The chosen distribution strategy is to work with the 7-Eleven chain to be sold in their stores, as it is found to be the most popular store in Japan with 2142 stores in Tokyo alone (Seven Eleven Japan, 2014). This would also allow future expansion possibilities into other Japanese cities if so desired. Due to Japan’s decentralized distribution system, there are many

Scary Dystopian Novels to Read in the Night

1336 words - 6 pages doses of happiness such as sex, clothes, drugs, mind-numbing entertainment, good food, and so many other vices to get us through the days. On average Americans today spend about eleven hours a day on digital media such as our phones for calling and texting, laptops, social media, television, movies, etc. Drugs were mandatory in the society of Brave New World, but what about ours? In America, seven out of ten people are on at least one prescription

MGT 448 - Challenges Facing Global Managers

1163 words - 5 pages , Yamaichi Securities, in thesame year.2. What factors make Japan a suitable market for Merrill Lynch to enter?Japan was an attractive market for Merrill Lynch in 1997 for the followingreason: There was lots of private money there that investors might bepersuaded to invest in mutual funds. Using today's exchange rate, therewere almost 12 trillion U.S. dollars in assets held by Japanese citizens.Ninety-seven percent of this total was invested in

Modern Slavery

1250 words - 5 pages people in human trafficking, approximately eleven point seven people are stuck in bonded labor. Men, women, and children are all victims of bonded labor. “Poverty and the threats of violence force many bonded laborers to stay with their master, since they would not otherwise be able to eat or have a place to sleep.” In bonded labor the debtor is controlled by the one he is in debt to. Bonded labor is a type of human trafficking which is going on

The Use of Chemical Weapons in the Tokyo Subway Attack

1657 words - 7 pages any further details, that on 1 September 1994 "more than 230 people in western Japan suffered rashes and eye irritation from unknown fumes" (JT 1995). In a more widely-reported case, late on 5 March 1995, a colorless gas had filled a train car on the Keihin Kyuko rail line between Yokohama and Tokyo and overcome 19 of 80 passengers, the victims complaining of headaches, blurred vision and nausea. Eleven had been hospitalized, but there were no

Battle of Okinawa

1403 words - 6 pages carriers, six light carriers, seven battleships, 15 cruisers and 64 destroyers, the British fleet, which was under the command of Vice-Admiral Sir Bernard Rawlings consisted of another two battle ships the King George V and Howe. Four fleet carriers the Indomitable, Victorious, Indefatigable, and Illustrious. Five cruisers and eleven Destroyers also helped in the navy operation. A week of air bombardments would be needed to soften up the Island

Similar Essays

7 Eleven Company Profile And Strategies Welcome Rotonda Research Paper

2240 words - 9 pages IV. PROCEDURE OF PERFORMING THE EXTERNAL AUDIT A. COLLECTING DATA (Internet, Interviews, Survey, Books Magazines and Journals etc.) 7-Eleven?is an American-Japanese international chain of?convenience stores, headquartered in?Irving, Texas, that operates, franchises, and licenses some 56,600 stores in 18 countries.[1]?The chain was known as?Tote'm Stores?until renamed in 1946. Its parent company, Seven-Eleven Japan Co., Ltd., is located in

1450 1750 Eastern Asian Relations With Europe

966 words - 4 pages . Documents one through ten were all about China, and documents eleven through sixteen was about Japan. Documents one, two, three, and seven was talking about if China was prepared for the European countries, and documents five, six, and nine talked about whether or not China compared to the European countries. Documents twelve, fourteen, and sixteen all talked about negative interactions between Japan and the European countries. So, as a total, I think that neither way from both China or Japan will work in the long run, but that they will recover from it.

Ben & Jerry’s Homemade, Inc Essay

4312 words - 17 pages to decide whether to penetrate through Seven-Eleven?s 7,000 stores in Japan or to give the go-ahead to Ken Yamada, a prospective licensee who would manage the Japan market for Ben & Jerry?s.B. COMPANY/ORGANIZATION POSITION i. Vision/Mission Vision: No formal vision stated.Mission: No formal mission stated found in the case booklet, however, the following statements were found on the company?s website.Product Mission To make, distribute &amp

Final Global Business Plan Paper

5054 words - 20 pages . An official of the carrier gives JKL a bill of lading. Seven, JKL presents a 90 day time draft drawn on the bank of Japan in accordance with its letter of credit and the bill of lading to the bank of Tennessee. JKL endorses the bill of lading so title to the goods is transferred to the bank of Tennessee. Eight, the bank of Tennessee sends the draft and bill of lading to the bank of Japan. The bank of Japan accepts the draft, taking possession