Contrast of Carrefour and Wal-Mart Essay

Since the American entrepreneur, Clarence Saunders, opens his first Piggly Wiggly store in Memphis, Tennessee, in 1916, the concept of self-service store has swept the globe. With the largest population in the world, China is expected to be the world’s biggest retail market which is now already the world’s fastest-growing market. ( Anon, 2011:1) As the world’s first and second largest retail groups, Carrefour and Wal-Mart are one their way piling in. However, with 5000 years of traditional history and 30 years of planned economy, china has already formed its own market tradition. Though, the two giants both need to face the special Chinese market, in some aspects, they use different strategies and have different market feedback. This essay will illustrate the similar strategies the two retail groups have been using and also analyze the ways they use to adapt to the Chinese market differently. To begin with, for opening the Chinese market, Carrefour and Wal-Mart both choose to cooperate with the local commercial. $1 billion was given to Wal-Mart’s 100 hypermarkets’ supply chain, ranging from food to electronics (Shu-Ching, 2010, P. 1). Similarly, Carrefour also tried to adapt to local conditions, i. . cooperate with Lianhua Supermarket Company in Shanghai. The reasons why they cooperate with local partners is not just because of the legal considerations, but also to have a deep understanding of the difficult and complex Chinese market (Peter, 2006, P. 6). Nevertheless, they use different strategies according to different company development plan. Wal-Mart focuses more on the long term partnership nationally or even internationally. Considering the different regional culture and local policy, Carrefour changes partnerships by local markets (Peter, 2006, P. ). Furthermore, Carrefour adopts different strategy throughout all its global market, focusing on locally sourced products, as well as its local management teams, which are almost comprised of domestic employees to be more familiar with the local tastes. Also, on purchasing larger market shares, expansion strategy is common used by the two retail market giants. Since Carrefour opened its first store in china in 1995, it has already operated 73 hypermarkets in 29 cities which makes about $2 billion profit (Peter, 2006, P. ). Likely, 338 shops in 124 cities makes Wal-Mart $7 billion annually which is just a little bit lower than whole Carrefour shops’ profit (Anon, 2011, P. 2). Moreover, they both regard second- and third-tier cities as a good growth opportunity, and have already built shops in western cities which are not so developed. Even though, they perform different strategies in expanding their market. Firstly, Wal-Mart aims at making central distribution center, while local distributors are more considered by Carrefour. Secondly, hypermarkets often constitute larger shopping and entertainment complexes, therefore, a large amount of Carrefour stores are built at the city center for customers to go by foot or by bike. Comparing to this, edge-of-town is where Wal-Mart outlets often located, where customers can have large parking facilities or even shuttle bus provided (Moreau, 2008, P. 1). Last but not the least, Carrefour builds its stores based on the organic expansion primarily. By contrast, Wal-Mart combines organic growth with large-scale acquisitions, which leads to its Chinese revenues doubled. Lastly, to perform well in Chinese tradition market, Carrefour and Wal-Mart both have their changes in shops and marketing. On the one hand, for saving a million yuan in electricity and water costs, two retail chains’ common aim is to achieving â€Å"zero-carbon† stores by next year, which forces them to open a range of new energy saving stores in China, such as using waste gas to heat water and fluorescent lights, making use of natural lighting and integrating energy-saving technologies (Anon, 2009). On the other hand, to discover new growth areas in retail profit, selling medicine has been put on the agenda. The two giants have already been in close contract with the Ministry of Commerce on the medicine retail business and affirming that world’s largest retailer’s distribution network will be covered by medicine sales (Anon, 2005). Although there are a lot of similar strategies in market development, the two retail groups also have their different development focus. In the first place, Wal-Mart awards its employees based on profit-sharing stock, which will improve employees’ skills, trust and constant work, while Carrefour focus more on salaries. In addition, Carrefour adopted a multi-format strategy, i. e. open smaller outlets in the discount format to create another profit growth, while Wal-Mart develops its presence in the hypermarkets format exclusively (Moreau, 2008, P. 3). In details, proved to be a dynamic format competing against hypermarkets operators, department stores get a CAGR increase of 9%, 2002-2007. Therefore, department stores sales continue to be boosted by the expansion period decided by Carrefour (Moreau, 2008, P. 2).

Cover Page Format Essay

Bangalore Aditya Kumar Jha 10RNSB5030 THE OXFORD COLLEGE OF SCIENCE (Affiliated to Bangalore University) BANGALORE – 560102 DEPARTMENT OF COMPUTER SCIENCE & APPLICATIONS CERTIFICATE The forgoing software entitled â€Å"Car Showroom Management System† is presented in manner satisfactory to warrant its acceptance prerequisite to the award of Bachelor of Computer Applications degree, for which it has been submitted. It is understood by this approval that the undersigned do not  endorse or approve any statements made, opinion expressed or conclusion shown therein but approve the software for the purpose it has been submitted. Signature of faculty in charge Signature of Head of the Department Mrs. Vinita Tapaskar, MCA Dr. J Sebastian Nixon PHD, MCSE Name of ExaminerSignature of Examiner 1. 2: Acknowledgment We are extremely grateful and remain indebted to Mrs. Vinita Tapaskar (Project Coordinator) for being a source of inspiration and for her constant support in the De sign, Implementation and Evaluation of the project. We are thankful to her for her constant constructive criticism and invaluable suggestions, which benefited us a lot while developing the project on â€Å"CAR SHOWROOM MANAGEMENT SYSTEM†. She has been a constant source of inspiration and motivation for hard work. She has been very cooperative throughout this project work. Through this column, it would be our utmost pleasure to express our warm thanks to her for her encouragement, cooperation and consent without which we might not be able to accomplish this project. She has given us constructive suggestions and encouragements in developing the â€Å"Car Showroom Management System†. Thanks are also due to Dr. Prof. Elsamma Thomas Varicatt, Principal, The Oxford College of Science, our H. O. D Mr. J. S Nixon and all my teachers for their valuable guidance and their tireless effort in supporting us throughout the course of our study here in the institute. Without their kind support and inspiration, this project would not have resulted the way it is now. We also express sincere thanks to our friends and classmates who were always there for us to help in every possible way. Above all we would like to thank The Almighty God for all the blessings that he had bestowed upon us for giving us the courage and wisdom to face challenges. Thanking you, Aditya Kumar Jha Reg. No: 10RNSB5030 The Oxford College of Science (Affiliated to Bangalore University) Bangalore – 560102 Preface This project â€Å"Car Showroom Management System † gives us the complete information about the Car Showroom. We can enter the record of new cars and retrieve the details of cars available in the showroom. This project is a software application that aims to automate and minimize the traditional way of record keeping, tabulating in particular to Car Showroom’s and hence named as â€Å"CAR SHOWROOM MANAGEMENT SYSTEM†. Well this project incorporates the idea of automation and tries to reduce the man power involved in a showroom. With the help of this software one can easily retrieve all the information regarding a particular car or a particular member that has been registered in the system. It is also possible to retrieve the records of cars that are available or not. The software also enables a user to monitor and access information with just a click of a mouse. Throughout the project the focus has been on presenting information and comments in an easy and intelligible manner. The project is very useful for those who want to know about Car Showroom Management System.

Benefits of studying abroad

Studying abroad is one of the best experiences a student can have in the course of learning. Students who go through such an experience have been at advantaged position as they have been able to sample a different culture from their own. Studying abroad involves going beyond the border mostly to a foreign country. Students moves to a new environment which might be totally different from what he or she is used to. At times the students may be introduced a new system.The reasons as to why people go to study abroad are as varied as the number of students who go through such an exciting experience. (Cressy, W 2004) Studying abroad usually prepares the students to work and live in a multicultural setting where they interact and learn about the other cultures. It encourages students to have academic discipline as they learn to reason in a totally or slightly different system. Through such an experience students are taught to be independent where they get to do things on their own sometimes in environment which encourage tolerance and accommodation.Through such an exposure the students learn to respect other people’s ways of life despite the differences. This enhances their prospects for the future jobs especially those which are international in nature. (Cressy, W 2004) Studying in a foreign country affords the students many rare chances, these includes learning a new language and an opportunity to experience different cultures, history and environment. It accords the students an opportunity to witness some of the things learnt in text books firsthand.In the modern world employers are seeking skills which have been polished through overseas engagement. A student who has studied in a foreign country will be in a better position to secure employment as he or she will be bringing a new experience to an organization. Studying abroad is a very special opportunity which helps the students to develop certain skills, adaptability and confidence. It is an adventure tha t moulds the students into individual who can fit in different cultures around the world. Reference Cressy, W (2004) A guide to Studying Abroad, Princeton Review

Analysis of The Merchant of Venice

Analysis of The Merchant of Venice Short plot summary. The film is about the jewish businessman Shylock who lived during the 1500’s. The wealthy prince Antonio wants to borrow money with reason to help his friend Bassanio. Antonio invested all his money on merchant ship’s. But, Antonio’s plan failed – the merchant ship’s were wrecked and now he didn’t have the money to re-pay Shylock. When Shylock didn’t receive his money, he and Antonio both agreed that Shylock would receive a pound of flesh from Antonio’s body. The married couple Bassanio and Portia, are friends with Antonio and they realized they had to help him.Portia offered Shylock triple the amount of what the money was really worth. Shylock rejected the offer but Portia had a plan to solve the dilemma – Disguise as a male judge to save her friend and also be more extreme by making Shylock worthless. Analysis. In the movie there are several motives such as good vs. evil, kindness and cruelty, religion dilemmas (Christian vs. Jew), tragedy etc. These opposites are all common with Shakespeare’s writings. Among the main character’s, Antonio is the one who is unselfish because he wants to help his friend, he represents goodness.Shylock isn’t actually the â€Å"evil-one†, he’s more of a vindictive individual because he lives in a society full of anti-Semitism and with a daughter who left him for a Christian man. I think Shylock has full right to receive a pound of flesh from Antonio’s body because both parties signed a contract (they both agreed on this) The movie is also about destiny and power. Whatever happened to the merchant ships is nothing Antonio, or any other human, can do about it. When Antonio borrows money of Shylock, he gives the Jewish businessman all the power.During the final scene when they’re all gathered in court, Shakespeare clearly shows he wants to maintain the Christian morali ty and make Shylock â€Å"clean† by converting to Christianity. Because Shylock is a Jew, he’s featured as an evil person. From the film’s and Shakespeare’s perspective, there is only one religion that is acceptable. This could be a symbol for the fights between the two religions and the main characters. Revenge is one of the main parts in this movie. Shylock uses his work and abundance to pursue his revenge. If the loan never had occurred Shylock would never had been able to take the evenge to another level. Though Shylock never succeeded his revenge, his main goal was vengeance and never hesitated to stop his work. Tragedy occurs when Shylock looses everything in court and has to beg for mercy. He has to give all his abundance to his daughter, convert to Christianity. He didn’t do anything wrong, lived in a anti-semitism society. Above all, he had a signed contract of the deal. But, Portia’s rhetorical skills turned the situation around wh en she argued that no blood, not more than the weight of a pound was allowed when cutting the flesh. This was impossible to accomplish.

Anthropology Essay Example | Topics and Well Written Essays - 1250 words - 4

Anthropology - Essay Example In relation to globalization, the article claims that English is every person’s second language in the world. According to the article, the sea played a part in making English a global language by enhancing the interaction of different cultures. In the article, the author expounds on how one restoration of speech from the dead could result to hearing a language to oneself. This assertion correlates with what we learned in chapter 3 about â€Å"articulatory phonetics†. Articulatory phonetics involves studying the production of speech sounds through vocal organs (40). In connection with this, the article explains how alteration of vocal organs through cruel death affected speech. In chapter 3 we also learned that successions of phones make a stretch of speech. It is in relation to this fact that the author of the article claimed that restoration of the dead people’s speech could assist in determining the language they used in communication. The author of the article clearly states his research topic, How English Became ‘Globish’ in writing the article. Apart from using simple language, the author provides detailed information on the origin and expansion of English in order to enable the reader to understand easily the article. Despite this, the article had some few weaknesses. For example, the use of articulatory phonetics in recognizing speech was not presented clearly in the article. Additionally, the article did not provide enough reasons as to why English is a global language. The information provided by the article will be very useful to a person researching on the origin of English language. It has presented the information about the origin of English language in a chronological manner. Although I knew that English is a global language, it is evident that article informed about its origin. The linking of globalization of English language with invasions makes one understand the importance of cultural integration as much as

Individual analysis Essay Example | Topics and Well Written Essays - 750 words

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Organisational Behaviour and Tourism Essay Example | Topics and Well Written Essays - 3000 words

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