FOREIGN AND LOCAL LITERATURE: According to the source china.org. cn(2014) which is a business page The most succesfull convenience store franchiser‚ 7-Eleven‚ is planning to duplicate its Japanese success story in China. In which is very risky because of ups and down.Staying on a franchising system‚ the US-based 7-Eleven Inc which is 70 percent owned by Ito-Yakado Co‚ Japan’s biggest retailer‚ currently is seeking for licenses throughout china. Analysts reminded china about restrictions on
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Introduction Context 7-Eleven has been founded in the late 20s in Dallas Texas. After years of substantial growth‚ a Japanese company gained control in 1991. Over the years it has developed an extensive franchise network. This makes 7-Eleven the world’s largest franchisor‚ currently operating over 50‚000 outlets. ("7-11 around the‚" 2013) There is an important difference between the strategies of 7-Eleven Japan and 7-Eleven USA. Due to the high-population density in Japan‚ 7-Eleven Japan makes use of the
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Columbia Business School The New 7-Eleven I’ve got a great opportunity. I’m transforming a brand with 75 years of history. - Jim Keyes‚ CEO‚ 7-Eleven Jim Keyes‚ the 4-year veteran CEO of 7-Eleven‚ is flying his Beechcraft A36 Bonanza. He is ascending to 10‚000 feet‚ and despite the good weather he remains vigilantly focused on the instrument panel‚ and on the bright skies around him. “Flying is a great distraction‚” he says. “You can’t think about anything else when you’re in the cockpit
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Global 7-Eleven Management Control INTRODUCTION. Control. In management control is a critical fuction. Management control problem can lead to large loses and possibly even to organizational failure. (Kenneth and Van Der Stede‚ 2004). Why controlling became the crucial thing on an organization or company? it because controlling handle the process of monitoring‚ comparing‚ and correcting work performance. (Robbins and Coulter‚ 2009). So‚ what the impact to the company or organization if
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These relationships are critical elements of 7-Eleven’s operational efficiency and strategy. Technology allows 7-Eleven to seamlessly integrate ordering and delivery scheduling. Key suppliers to 7-Eleven‚ however‚ have remained resistant to participating in the company’s evolving distribution system. These consumer packaged goods manufacturers have extensive distribution networks
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The Innovative Marketing Model of 7-Eleven: A Case Study By: Jordan Barnes MBA 6012 5/22/2015 Background and History 7-Eleven‚ Inc. operates and franchises the most recognizable chain of convenience stores in the United States and 15 other countries including‚ Canada‚ Japan‚ China‚ the Philippines‚ Australia‚ and Mexico. The 7-Eleven chain began in 1927 as an icehouse in Dallas‚ Texas by the name of the Southland Ice Company. Soon after‚ it began opening and operating stores
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ANAYLSIS 7 ELEVEN 1.1 CompanyBackground(7-Eleven) 7-Eleven‚ founded in 1927 in Dallas‚ Texas‚ is the world’s largest operator and licenser of convenience stores with more than 21‚000 units worldwide and nation’s largest independent gasoline retailers. The name 7-Eleven was originated in 1946 when the stores were open from 7am to 11pm. Today‚ offering customers 24-hour convenience‚ seven days a week is the cornerstone of 7-Eleven’s business. 1.2 Customer-Orientated Factors 7-Eleven focused
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TABLE OF CONTENT Executive Summary 1 1. Case Background 2 2. Facilities* 3 3. Transportation* 5 4. Information* 7 5. Inventory* 10 6. 7-Eleven in the United States* 11 7. Conclusion 11 Appendix 1 12 Appendix 2 13 *Note: The content (page 3 to 11) is based on questions 1‚ 2‚ 3‚ 4 and 6‚ page 88 of the textbook “Supply Chain Management: Strategy‚ Planning & Operations” by Sunil Chopra & Peter Meinld (Pearson Education‚ 3rd Edition). • Generally‚ questions
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What are some different ways that a convenience store supply chain can be responsive? A convenience store can be more responsive by doing a variety of things. The stores can model what 7-11 did and have a variety of different locations with rapid replenishment. They can offer a variety of different services‚ such as a way to pay bills like electricity‚ gas‚ insurance‚ and telephone inside the store. They can also provide other services such as ski lift voucher pass‚ payment for mail order purchases
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8.0.1 Product strategy The products of 7-Eleven brings back the millions of loyal customers though franchises’ door. Apart from regular grocery items‚ 7-Eleven offers different lucrative products and quality food items in low price that attracts the customers most‚ such items are Slurpee beverages‚ Krispy Kreme doughnuts‚ $1 coffees‚ 7-Eleven fuel‚ Hot Chockee‚ ATM‚ stationery & gifts‚ treats‚ Refreshment‚ game cards‚ MoneyGram‚ Mobile recharge‚ sim and phones‚ news magazine‚ transport‚ Australia
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