AEON BIG business growth project and business opportunity in India market. By: Mohammad Syed Basri AEON Malaysia Program: EMBA Retailing Assignment: International Retailing Lecturer: Dr. Vincent Kong Submitted 26th October 2013 Table of contents Page1– Table of content 2- Acknowledgement & Abstract 3-4 Introduction 5- History -Japan 6- Aeon Big acquisition
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Introduction First of all‚ about this portfolio‚ the extent of globalization in global retailing and civil aero engine manufacturing is main discussion statement. The PESTEL‚ CAGE distances and Yip’s driver theories also would be applied to support this discussion. Moreover‚ different firms of these two industries would be used to illustrate above concept. Wal-Mart‚ Carrefour and Tesco will be used to demonstrate global retailing. Then‚ another industry‚ civil aero engine manufacturing‚ Pratt & Whitney
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for the merchandise the retailer sells. * Gross Margin (GM) or Gross Profit= Net Sales – COGs * Indicates how much profit the retailer is making on merchandise sold‚ without the considering the expenses associate with operating the store and corporate overhead expenses. * Profit Margin Management Path * Operating Expense * Variable (e.g.. sales commissions) * Fixed (rent‚ depreciation‚ staff salaries) * Selling‚ general‚ and administrative (SG&A)
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has a very broad meaning and a wide framework. When we say that Retailing is dynamic ‚ it simply means that is progressive in nature ‚ it keeps on changing itself with the emerging trends. There are various elements that are working as the forces for retail dynamics. One such force is Rural retail. The retail business in India accounts for Rs 7400 billion with about 1200 million retailers.90percent of retail shops are kirana stores .Rural India has about 3.7 million shops spread over 063 million
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GLOBAL & TECHNOLOGICAL ENVIRONMENT TRENDS: WAL-MART The Radio Frequency Identification‚ a short range communication technology‚ profoundly has impacted businesses. It helps companies track and control goods as they move through the supply chain. It can improve operational efficiencies and customer service while providing new business opportunities. However‚ like many other new technologies‚ RFDI also brings some concerns for people as well as benefits. For this assignment‚ I will focus on this
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Principles of Retailing: The format of a retailer is the overall appearance and feel that it presents to customers‚ primarily its look and layout‚ the sort of range it stocks and the approach taken to pricing. New format : development of online business Format is distinct from fascia which‚ strictly speaking‚ refers solely to external appearance. Retailers occasionally use it as as a synonym for format. Retail internationalization Companies like wal-mart‚ testco‚ internationalie due to the
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SUMMER PROJECT REPORT SUBMITTED TOWARDS THE PARTIAL FULFILLMENT OF UNDER GRADUATE DEGREE IN BUSINESS ADMINISTRATION Topic: Internet Retailingwith case study | SUBMITTED BY: AISHWARYA AGARWAL BBA (2012-2015) Roll No. : C-08 AISHWARYA AGARWAL A3906412339 BBA G (2012-2015) AISHWARYA AGARWAL A3906412339 BBA G (2012-2015) FACULTY GUIDE Mr. VIVEK AHUJA ASSISTANT PROFESSOR FACULTY GUIDE Mr. VIVEK AHUJA ASSISTANT PROFESSOR CERTIFICATE OF ORIGIN
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E-Retailing Retail is one of the more visible market sectors on the Web. In retail‚ merchants sell products and services directly to a buyer. E-retail‚ also called e-tail‚ occurs when retailers use the Web to sell their products and services (Sanchez 16). E-retailers constantly challenge the old ways of conducting business as they bring new products and services to market. All e-retailers‚ however‚ operate in a similar manner. A customer (consumer) visits an online business at the Web equivalent
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1.0 INTRODUCTION E-RETAILING Online retailing (also known as B2C or business-to-consumer e-commerce) is basically a Web-enabled interface between your company and your target consumer for selling products and services on the Web with the facility of online payment. Online retailing is the most famous and challenging innovation for the retail industry since the last two decades. It offers a new kind of distribution channel and unique options of collecting customer data and analysing buying patterns
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HOW USEFUL IS THEORY IN EXPLAINING THE GROWTH OF INTERNET RETAILING? Internet Retailing is the most groundbreaking and challenging innovation for the retail industry since the last two decades. It offers a new kind of distribution channel and incomparable options of collecting customer data and analysing buying patterns. Since it readiness for the market‚ online retailing has seen remarkable growth rates and begins to gain a significant share of total retail sales which results in a fundamental
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