SWOT ANALYSIS: More for you A SWOT analysis of the Indian organized retail industry is presented below: Strengths: 1. Retailing is a "Technology-intensive" industry. It is technology that will help the organized retailers to score over the unorganized retailers. Successful organized retailers today work closely with their vendors to predict consumer demand‚ shorten lead times‚ reduce inventory holding and ultimately save cost. Example: Wal-Mart pioneered the concept of building competitive advantage
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Global Business Cultural Analysis: India Abstract India is a complex nation with a rich history and years of diversity. With the rise of the global economy over the last century‚ it is safe to say that the country has become a major multi-national player. Although outsourcing to India has been a trend since the early 90’s‚ the country also has a growing local economy that is primed for investment should the right opportunity arise. However‚ not just any
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ntroduction: Indian MNCs Till a few years back‚ the term MNC in India meant an organization with its headquarters located outside India and having presence in India as a part of its global network. In other words‚ in Indian eyes‚”MNC” meant a foreign company‚ which has come into India. In recent times‚ however the business world has seen the emergence of a new breed of companies‚ which is beginning to be referred to as “India MNCs”.The Indian MNC is a company which is Indian in origin and spreading
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LOCATION‚ COMPETITION‚ AND ECONOMIC DEVELOPMENT: LOCAL CLUSTERS IN A GLOBAL ECONOMY By: Porter‚ Michael E.; Economic Development Quarterly‚ Feb2000‚ Vol. 14 Issue 1‚ p15‚ 20p‚ 4 diagrams Economic geography during an era of global competition involves a paradox. It is widely recognized that changes in technology and competition have diminished many of the traditional roles of location. Yet clusters‚ or geographic concentrations of interconnected companies‚ are a striking feature of virtually
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“Global Brands vs. Local Brands” A big issue facing the international marketing world today is whether global branding is better then local branding. Consumers all over the world have many different opinions on whether they like purchasing products from big corporate‚ multicultural companies or the local mom and pop shops that they have grown to know‚ and became comfortable with. The pros and cons of both global and local branding vary from good and bad. In my opinion local branding are still
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IF WE THINK GLOBALLY‚ DO WE OPPRESS LOCALLY? Our society is experiencing nowadays a budgetary crisis that prompts it for early solutions. This awful situation is affecting many countries which are trying to withdraw to early times. Nevertheless‚ things don´t seem to keep very well. Might it be because of thinking globally and therefore oppressing locally? I will try to give my opinion using some examples drawn from our culture‚ starting from the highest level of it. In order to solve the crisis
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Global brands Vs. Local Brands Introduction According to Ger‚ Belk and Lascu (1993)‚ advances in communications and information systems technology have shrunk distances‚ thereby linking markets through flows of information across markets. These trends enhance the management of global operations and drives up the need to deal effectively with global competition. As firms enter international markets‚ branding plays an important role in its marketing strategy. Many consumers use brands as clues to
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(2006). It is an advertising method to target users’ demographics. When users set up MyYahoo or email account‚ they answer question such as location‚ age‚ gender‚ interests‚ etc. Every time users log in to their profile targeted content ads or local ads are displayed on the users’ web pages. Amazon and eBay Amazon uses the Brokerage Model as a Virtual Marketplace and the
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founding father of the study of management‚ in 1946‚ the automobile industry had evolved continuously with changing timesfrom craft production in 1890s to mass production in 1910s to lean production techniques in the1970s.The automotive industry in India grew at a computed annual growth rate (CAGR) of 11.5 percentover the past five years‚ the Economic Survey 2008-09 tabled in parliament on 2 nd July’09 said.The industry has a strong multiplier effect on the economy due to its deep forward and backwardlinkages
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Running head: The "Global" and the "Local" in Knowledge Management Victor De Jesus University of Mary Washington Introduction In a world were people with specialized skills are hard to find‚ corporations must find a way to hold on to their corporate knowledge. Many times this knowledge resides in the head of a person‚ which creates a situation when the employee decides to stop working for the corporation. A knowledge gap is created at the time of departure and
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