1.Discuss the elements of adaptability and global culture as they relate to successful global retailing. How should...
Question:
1.Discuss the elements of adaptability and global culture as they relate to successful global retailing. How should Home Depot adapt its business model and marketing strategy for success amid China’s environmental complexities?
2. Perform a SWOT analysis to determine whether or not Home Depot should reenter the Chinese market. Exhibit 5-5, “Indicators of the Potential, Support, and Risk in International Markets,” should be useful for pinpointing some of the issues to consider in your SWOT.
Synopsis: Home Depot failed in its expansion to China once before, but things have changed and so has their approach. A decade later, Home Depot is reconsidering the market in order to regain first mover advantage.
Step by Step Answer:
1 Home Depots failure in its initial entry into China in 2006 illustrated the importance of culture adaptation in foreign markets As asserted in the case Chinas cultural environment is complex inadequ...View the full answer
Retailing Management
ISBN: 978-1259573088
10th edition
Authors: Michael Levy, Barton Weitz, Dhruv Grewal
Students also viewed these Business questions
-
Discuss the elements of total quality management.
-
Discuss the elements of an operations management system. What would happen if the control system were not included? The feedback?
-
Discuss the elements of culture that influence buyer behavior and give a personal example of how each has influenced a purchase decision you or your family made.
-
Jen and Barry's Ice Milk Company used cash to purchase a new ice milk mixer on January 1, 2013. The new mixer is estimated to have a 20,000 - hour service life. Jen and Barry's depreciates equipment...
-
Take a look at Figure 33-5. Suppose that in response to a significant rise in interest in Jane Austen's works and life, millions of U.S. residents suddenly purchase British-published books by and...
-
1. Determine the current weighted average cost of capital for CWC. 2. Determine the appropriate discount rate for the healthy bottled water project. 3. Should the firm undertake the healthy bottled...
-
Discuss some of the key reasons for studying anthropology.
-
Using Microsoft Visio or other diagraming software a. Prepare an annotated table of entities and activities based on the output from Short Problems 4-1 and 4-2. Indicate on this table the groupings,...
-
Shadee Corp. expects to sell 520 sun visors in May and 350 in June. Each visor sells for $25. Shadee's beginning and ending finished goods inventories for May are 70 and 60 units, respectively....
-
A store maintains data on customers, products and purchase records in three tables: CUSTOMER, PRODUCT, PURCHASE. The store manager wants to know which product is on its maximum discount for each...
-
1. How might a hypermarket located in India appeal to consumers and orient them to shopping in larger stores? 2. Is the Indian governments willingness to spend $500 billion to improve the nations...
-
What are the positive and negative aspects of direct marketing from the customers perspective?
-
Calculate ÎSsurr for the following reactions at 25oC and 1 atm. a. C3Hsg) 502(g)3CO2ig) 4H20(D -2221 kJ ' '-112 kJ b, 2N02(g)-2N0(g) + O2(g)
-
1.A project with a cost of $95,000 is expected to produce benefits of $16,000 per year for 10 years. Calculate the project's payback period, net present value (NPV), profitability index (PI), and...
-
Find the least common denominator (LCD) of the rational expressions: 12 5 (a) 99x7 9x2 2 1 (b) 3x 12' 10x 30
-
1.Each individual contributes to the companys image. Reflect on the significance of this statement for a companys customer care management. 2. Like individuals, companies too have business etiquette...
-
Red, White and Blue are equal partners. White retires, his share of goodwill is ~ 18,000. The remaining partners have decided to continue the business sharing profits and losses in the ratio of 3 :...
-
What are some strategies when handling change management on a health care project? What is the impact of change? Provide details and reference.
-
Estimate the answers. 0.51 x 96,000
-
Explain briefly what is meant by electronic data interchange (EDI). How does EDI affect a companys audit trail?
-
Review the list of factors that affect PD service levels in Exhibit 11-3. Indicate which ones are most likely to be improved by EDI links between a supplier and its customers.
-
Explain the total cost approach and why it may cause conflicts in some firms. Give examples of how conflicts might occur between different departments.
-
Discuss why economies of scale in transportation might encourage a producer to include a regional merchant wholesaler in the channel of distribution for its consumer product.
-
Ethics in Human Resource Practices HR teams will play vital roles in organizations to ensure ethical behavior and compliance. To be effective, they must first place an emphasis on ethical behavior...
-
Why do managers struggle with ethics when it comes to making strategic management decisions for their organization?
-
Discuss the elements of effective teamwork presented by each: In what ways are they alike? In what ways are they different? Discuss whether a high performing team requires a team leader. Why or why...
Study smarter with the SolutionInn App