EXTERNAL ENVIRONMENT • GENERAL o DEMOGRAPHIC • Carrefour operates in 29 countries around the world. World population is rising, geographic distribution of populations is shifting, world population is aging rapidly, ethnic mixes in developed countries are changing rapidly, and average household incomes are increasing. • The demographic environment presents both opportunities and threats for Carrefour. Increases in population size and household incomes help to expand the market in which Carrefour operates. However, changes in the geographic distribution of populations, due to technological advances in communications, may cause difficulties for Carrefour in determining profitable locations for new storefronts. o ECONOMIC • In 2004, …show more content…
Growth of suburban communities, rises in impulse buying, increased leisure shopping, and other major changes in buying habits tie in nicely with Carrefour’s ability to take advantage of such changes when entering new markets. o TECHNOLOGICAL • Technological advances in data storage, information systems, the internet, and other forms of communication continue at a rapid pace. • The centralization of its IT systems and administrative procedures achieves further savings. (p. C 76) • The technological environment presents opportunities and threats for Carrefour. Improvements in technology will allow Carrefour to perform better analysis of data related to existing and future customer bases. The improvements will also allow Carrefour to continue to improve its supply chain, which is vital in enabling Carrefour to offer low prices. These technological improvements, however, may also be readily available to competitors. If competitors can easily mimic Carrefour’s processes through advances in technology, Carrefour will suffer setbacks. o GLOBAL • Rapid globalization of business markets. • Military and political conflicts continued around the globe. • Increased importance of environmentally friendly businesses. • The global environment presents opportunities and threats for Carrefour. Military and political conflicts may increase expenses in transportation, among other areas, that make it difficult to maintain low prices.
This research paper will be about how the privately held company known as Publix Supermarket which is now exploring the new way their customers are shopping using the internet with the help of e-commerce. Moreover, on how the Publix Supermarket stands up against the many of its competitors in the grocery market business. Publix Supermarkets is especially known for their exceptional customers’ experiences within their supermarkets, and now their customers are bringing Publix directly into their homes with the help of Instacart. Publix Supermarket is partnering with now a delivery source known as Instacart which is now providing numerous grocery delivery services to customers around the State of Florida with their popular large chain grocery
Having advanced technology nowadays can be both of assistance and a nuisance when it comes to handling Information in the workplace.
The world as we know it has changed drastically in the past three decades, we are slowly but surely morphing into a worldwide community dependent upon computer technology. More specifically we rely on the Internet heavily for everything in our day to day lives. The benefits of expediency and the convenience afforded to those who utilize information systems their business dynamics is undeniable.
The internet and the development of digital technology (computer-based technology) in particular, have made the most significant impact in the field of information and communication technology in the past decade. The internet is essentially a network of computers across the world which is linked through global
In our world today, technology has become more and more advanced and it seems to take
In order to reduce Costco’s reliance on the US and Canadian markets, placing an emphasis on international expansion would not only lead to diversification, but also better profitability. While it is engaged in expanding internationally, an accelerated expansion strategy should be employed in order to tap into the high growth markets. The high growth markets of the BRIC nations as well as the growing East Asian markets remain relatively untapped and would provide an excellent opportunity for global growth. The rising middle income demographic in these markets would provide a sustainable customer base for Costco’s long term growth. In order to penetrate these markets, Costco would have to duplicate its success in warehouses located in Taiwan and Korea. This expansion, however, must be managed delicately as penetrating new markets comes with its own risks. Consideration needs to be given to the differences in cultural factors and the political and operating environment that exists within these markets.
Over several decades, digital innovators have developed and improved the ever-changing world of technology. From the countless social media websites, the ability to pay bills online, computer protocols, policies, and digital actions that govern the cyber-world has also grown beyond mental and physical grasp. Although many users of technology are quick to recognize innovations in software, such as new mobile phone updates or user friendly programs, many of the same monumental changes in hardware and data has also been made. Take for instance internal and external hard drives. A device that is centered around its software, hardware, and data collection and storage. According to Kovar (2012), in 1956, the
Table of Contents1.0 Executive Summary32.0 Situation Analysis42.1 Environment42.1.1 Demographic environment42.1.2 Economic Conditions and trends42.1.3 Social-Cultural environment42.1.4 Technological environment52.1.5 Political Legal environment52.1.6 Natural environment52.1.8 Environmental Opportunities52.1.9 Environmental Threats62.2 Industry62.2.1. Suppliers62.2.2 Consumers62.2.3 New Entrants72.2.4 Competitors72.2.5 Substitute Products (Threat of Substitute products)82.2.6 Industry Opportunities82.2.7 Industry Threats82.3 Organization82.3.1 Strengths82.3.2 Weakness92.4 Marketing Strategy92.4.1 Objectives92.4.2 Analysis of Sales, Profit and Market Share92.4. 3 Analysis of target market(s)102.4.4 Analysis of Marketing Mix Variables112.4.5
The global environment presents opportunities and threats for Carrefour. Military and political conflicts may increase expenses in transportation, among other areas, that make it difficult to maintain low prices. The rapid globalization of business markets presents opportunities to Carrefour as countries relax regulations that hinder trade and foreign entry into domestic markets. The increased importance of environmentally friendly business operations may
Technology has greatly enhanced the way our age gathers and distributes an overabundance of information. In was not very long ago when one accessed information from a room size servers, now does it from a watch.
- Retailing industry change, Large chains were expanding their market penetration by offering a more diverse array of product.
This day and age has rapidly become a century of booming technology. Technology has become newer, faster, and easier to use. With the technology boom, the use
In this research, I will conclude some of the most essential trends in information and communication nowadays, and explain why they are so important and how they are probably going to be.
Carrefour pioneered in terms of its internationalization process as compared to their main competitors (Shiue et al, 2006). Its internationalization process is much more extensive and swifter than that of its main international rivals i.e Tesco and Walmart. In 10 years, Carrefour entered more than 50 international markets, through various investment market entry modes i,e greenfield, joint ventures, acquisitions (refer to appendix 1.1) The company has entered most major regional markets like Asia, Europe and South America.
In Europe, between the 60’s and today, people are spending around 50% less for alimentation products. That is why, big retail store companies like Carrefour need to develop their strategy on the foreign markets and continue its advertisement on local market.