Preview

Carrefour: Hypermarket and St Economic Power

Satisfactory Essays
Open Document
Open Document
395 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Carrefour: Hypermarket and St Economic Power
st economic power and the first exporter of goods in the world.
Ideed, the economic situation is very favourable as the the economic growth is one of the highest of the with with 7,9% in 2012.

Social :

The living standard seems to be higher over the last few years which engender an improvment of the purchasing power and stimulate the consumption as well as the economic growth.
Moreover, the month average income is around 2400 yuans which represents 300 euros
Plus, the country is more and more developed as the HDI is 0,681/1 which demonstate an improvment of the linving standards.
However there disparity because the economic situation is not profitable for all population which means that China benefits from a dual economy.

Technological : This country has developed the infrastructure like the facilities, Internet access.

Environmental :
China is one of the biggest country touched by degradation of environment.

Five force of porter

The power of competitors :

Carrefour undergoes a competion pressure because of the presence of giant of rtailed companies.
Indeed, regarding intrenational companies Auchan holded 12% of market shares in 2012, followed by Walmart with 11,2% and Carrefour with 8,1%.
The, the local distributors like Shangai Bailin dominate the Chinese market.

Indirect competitors : hard discount supermarket such as DIA.
Before this brand belonged to Carrefour but since 2012, Dia is a independent brand present in China.

Power of customers :
The customers and the government are more demanding regarding the products and food security. They would like more information about the products traceability because of problem of expiration date falsifying.
Then, the power of customers is more and more high because some consumers association denounce the poor quality of the products in doing boycott, inform the media.

That is why Carrefour invested 5 billions yuans ,in 2012, in opening a laboratory in order to testify

You May Also Find These Documents Helpful

  • Powerful Essays

    Economical: low interest rate, aggressive growth in oil and gas industry, global agricultural machinery growth, construction investment growth…

    • 2658 Words
    • 9 Pages
    Powerful Essays
  • Best Essays

    Food Safety and environmental requirements are becoming more stringent as a result of the increased knowledge of the risk and harm to health and environment. This is Consumer Awareness. These requirements have very important implications for trading, in particular for market access and development.…

    • 2967 Words
    • 12 Pages
    Best Essays
  • Powerful Essays

    During this period, China's GDP grew at an average annual rate of about 9 percent, or 7.5 percent on a per capita basis. The living standard of ordinary Chinese people improved significantly. The per person living space has doubled in urban areas and more than doubled in rural areas, and total household bank deposits, measured against the GDP, increased from less than 6 percent in 1978 to more than 40 percent in 1993. The number of people living in absolute poverty was substantially reduced from over 250 million to less than 100 million in this period as well. (p.4)…

    • 1838 Words
    • 8 Pages
    Powerful Essays
  • Best Essays

    be triggered by high rate of growth and expansions in many of its prime sectors of the…

    • 4419 Words
    • 18 Pages
    Best Essays
  • Good Essays

    To begin with, China’s economy is one of the best in the world now, these are all owing to the first wave of economic liberation in the late 1970s. From…

    • 710 Words
    • 3 Pages
    Good Essays
  • Good Essays

    This article by Julia Limitone describes the state of our current economy and what some economic advisors are expecting for the future. While a few have a negative outlook, some believe the United States economy is doing incredibly well under the circumstances.…

    • 369 Words
    • 2 Pages
    Good Essays
  • Satisfactory Essays

    Income Elasticity

    • 258 Words
    • 2 Pages

    The rate of growth in incomes of the people also helps in housing programs in a country. Thus, it helps a lot in managerial decisions of a…

    • 258 Words
    • 2 Pages
    Satisfactory Essays
  • Better Essays

    Gilded Age

    • 1487 Words
    • 6 Pages

    economy growth thanks to the combination of certain factors such as the appearance of great…

    • 1487 Words
    • 6 Pages
    Better Essays
  • Satisfactory Essays

    Colombian Economy

    • 293 Words
    • 2 Pages

    Another positive fact is the low inflation index, where prices don’t go up and automatically make decrease the demand. As in the table says, at the end of 2012 it was just a 2,8 inflation raise, which means that industry in general is maintaining stable and…

    • 293 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    The forecast 2007 real GDP growth is 2.0% (The PRS Group, 2007), the growth is higher than the previous statistics, it is expected that the economic environment will growth constantly.…

    • 10356 Words
    • 42 Pages
    Good Essays
  • Better Essays

    Media Body Image

    • 1160 Words
    • 5 Pages

    There has been much improvement in regards to the living standard and for many years now…

    • 1160 Words
    • 5 Pages
    Better Essays
  • Good Essays

    Quality of life also increases with economic growth. When the employed are earning more money and see their wages rise, they have more expendable income. These people no longer are spending to live, but are living to spend. Luxury goods and services are consumed, house prices rise, and government services also improve. These all improve the quality of life for consumers and the employed alike. It also increases the number of people who are living in poverty. For example in 1990 34% of people were living on under $1 a day, whereas in 2002 it was 22%. This was largely due to the 8% economic growth figures that many Asian countries felt in the latter half of the 20th century.…

    • 704 Words
    • 3 Pages
    Good Essays
  • Good Essays

    China has seen rapid industrialisation yet retains traditional rural areas. One consequence of this is that the benefits of growth are not shared equally and income distribution has become increasingly uneven. Starting from relatively low income levels has had two consequences. Low wages have corresponded to low labour costs for business. At the same time, low incomes have held back domestic consumption, so exporting has played a significant role in development.…

    • 533 Words
    • 3 Pages
    Good Essays
  • Better Essays

    Carrefour's Strategy

    • 3351 Words
    • 14 Pages

    Carrefour was the first supermarket created in France and also in the world. For more than 50 years in the French landscape, it belongs to our everyday life. Since several years, we can notice than Carrefour has a real strategy of expansion, in buying other retail’s brand. What is the current and future strategy of Carrefour in France and in the world? We will explain thanks to all the tools we have (SWOT, PESTEL...) how Carrefour is working and ask this question. And we will also give suggestions for their future strategies thanks to our analysis of the market and what Carrefour already did.…

    • 3351 Words
    • 14 Pages
    Better Essays
  • Satisfactory Essays

    By the end of 2013, there had been over 4,000 Chinese lubricant production enterprises. State-owned brands represented by Great Wall (Sinopec) and Kunlun (CNPC) as well as foreign brands including Shell, Mobil, BP, FUCHS and Total occupied most share of Chinese lubricant market. In 2013, Great Wall and Kunlun seized 51.2% market share together, while foreign companies grasped…

    • 563 Words
    • 3 Pages
    Satisfactory Essays