Wal-Mart Case Study Introduction 1. Brief History of Wal-Mart Wal-Mart is “the giant chain of discount stores‚ the second largest company in the world‚ with over $400 billion in revenue and 2.1 million associates.” (Philip and Kevin‚ p94) Wal-Mart began its business in 1962 when Sam Walton‚ the owner of Wal-Mart‚ opened up his first discount store in Rogers‚ Arkansas (Philip and Kevin‚ p94). In the next two decades‚ Wal-Mart expanding its scale rapidly. Since 1990s‚ Wal-Mart started to opened
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the purpose of improving decision making related to the identification and solution of problems and opportunities in marketing.” - Malhotra (2003) Importance of Marketing Research Introducing new products into international markets Uncovering international opportunities for existing products Ensuring marketing decisions are made on the solid foundation of knowledge BLUNDERS IN MARKETING (1) A Japanese hotel notice board: “You are invited to take advantage of the chambermaid”; Acapulco
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Marketing Mix As an established company‚ JCB have a strong marketing mix that has helped topromote them to where they are today. JCBs marketing mix is made from acombination of a good range of quality products‚ fair pricing‚ good promotion andvast product placement; each area comprising of one or more sub-elements‚ thatmay overlap into another section of the mix. Product - Quality To see JCBs ability in producing good quality products‚ clients need only look at their history and achievements
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Case Study: Dubai Sports Complex Project Sheikh Hamdan Bin Mohammed bin Rashid Sports Complex (Dubai Sports Complex) Main Contractor : Saudi Bin Laden Client : Dubai Municipality Products Supplied Material: 1. Porcelain tiles (10x10) 2. Unicroma Series (60x60) 3. Technocroma Series (60x120) Estimated tiles quantity : 12‚000 sq.m. Estimated project value : $300 million Completion date : 2010 Background Sheikh Hamdan Bin Mohammed bin Rashid
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Case III: LATE MOVER ADVANTAGE? Questions 1. Why has the ‘late corner’s strategy’ of Toyota failed in China‚ though it succeeded in India? 2. Why has Toyota failed to capture the Chinese market? Why is it trailing behind its rivals? 1.ans – Toyota failed to get a strong hold in the Chinese market due to poor understanding of the market. The reasons being mainly due to high pricing of the vehicle with which it entered the market in China as Toyota followed the price skimming strategy
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Case study 1 A Golden opportunity: exporting easy flame barbeques to Argentina? 1 Many export activities begin in this way; however‚ there are a number of issues Mariano has overlooked. Name five of these. Target Market: Mariano sees the market in Argentina‚ but he did not to carry on the analysis‚ his products are for which customer. Also needs to locate product sales target market. Easy flame barbeques only can content a part of people in social. Marketing analysis; Service firms Social-Culture/Foreign
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Chapter 2 Case Study: The Bill and Melinda Gates Foundation 1. What do you think Bill and Melinda Gates’ personality traits are for each of the Big Five Dimensions? Compare the two. Answer: Traits are distinguishing features‚ or characteristics or properties of an individual. The chapter discusses the Big Five Model of Personality traits and uses it as an accepted guide to classify personalities. Both Bill and Melinda Gates possessed various aspects of each category listed within the realm
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Managerial Accounting and Control Semester 2‚ 2011 Individual Case Study Kanthal A (Weight: 10% of Final Grade) Due Date for submission: 4pm Friday 2nd September‚ 2011 Each student needs to complete a case study write-up and submit by the due date following the submission requirements outlined in the course profile (and provided below). Students need to address the following questions in their case study write-up for the Kanthal A case: 1. Describe the competitive environment in which
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CASE STUDY #1 A Job Search Dilemma Eric‚ a second-semester senior‚ is looking for a job. Anxious about finding work in the worst economy in decades‚ he sends out scores of resumes for a wide variety of positions. The first call he gets is for a position that doesn’t really interest him‚ but he figures he should be open to every opportunity. He schedules an interview‚ which he aces. In fact‚ the recruiter offers Eric the job on the spot. He would like Eric to start as soon as possible. Should Eric
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Case Study 1: KFC and McDonald’s in Shanghai) Question 1: Who is running the more successful business in Shanghai: KFC or McDonald’s? Why? KFC is running the more successful business in Shanghai. The reasons are as follows: 1. In 2002‚ Shanghai KFC ranked first among China’s 500 catering companies with an annual turnover of 804 million yuan. (see Exhibit 2) 2. According to a survey published in IMI Consumer Behaviors and Life Patterns Yearbook 2002‚ the five most popular western fast-food
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