Dissertation Expansion Strategy

One of the most valuable pieces of advice I have gleaned from my mentor over the past three years is the need to get “mileage” out of what I write.  With this in mind, I’d like to offer up some advice to graduate students contemplating topics for "Dissertation Expansion Strategy" master’s theses.  Since Mahatma Gandhi Dandi March Essay Topics this undertaking may consume a year of your education, not to mention several credits of your master’s degree, my first piece of advice is to ask yourself, “What do I feel passionate about?”  Once you are clear on your passion, you need to consider two very important factors: current research trends and applicability to the doctoral dissertation.  Given that many of us in terminal master’s programs will go on to doctoral programs, carefully considering how your master’s thesis may extend into a dissertation can both get mileage out of your writing and develop a passion into a contribution to the field.

To identify the areas you feel passionate about, ask "Dissertation Expansion Strategy," “What area of research causes me to lose track of time?”  If you can readily answer this question, you’re on your way to choosing your thesis topic.  If, on the other hand, the answer seems nebulous, try to approach it "Dissertation Expansion Strategy" from the opposite angle.  Lord (2004) advises, “If you find yourself resenting the time you spend on research, do yourself a favor.  Get Dissertation Expansion Strategy While his advice is aimed at the doctoral student, it is no less valuable when contemplating the master’s thesis. You’ll be far more successful researching a topic you’re interested in.

Should you find yourself with “writer’s block” when trying to discover your research passion, Dissertation Expansion Strategy panic.  Take a deep breath and focus on one step at a time.  To begin with, look at the type of master’s program you are enrolled in — clinical, counseling, developmental, etc. This will give you a broad focus area.  Next, talk to your academic advisor and other professors in your program.  Find out Dissertation Expansion Strategy what their theses topics were and how they focused their research.  This should at least lead you in a general direction.  Finally, take inspiration from your life experiences.  Keep the idea of choosing a topic on your mind and take notice of possibilities in daily encounters and exposure.  By reading professional journals and attending conferences in your field, you will gain insight into what professionals and your peers are working on.  Sooner or later something Dissertation Expansion Strategy catch Dissertation Expansion Strategy your Dissertation Expansion Strategy and inspire you to take it one step further and, thus, a thesis topic is born.

Of course, passion is only one factor in choosing a thesis topic.  Another necessary ingredient is strategy.  Your advisor and committee are expecting your thesis to expand on the current research and seek answers to questions generated by previous findings (Tanner, 2002), so begin by outlining a few ideas that combine the current research with your inspiration to take it one step further.  Peters (1997) advises the use of a calendar system that combines daily, weekly, monthly, and long term goals to keep you on track and Dissertation Expansion Strategy on the big picture.  While there are many other sources Dissertation Expansion Strategy advice on pacing yourself through the thesis timeline (more than any graduate student have time to read), the calendar system is concise and efficient.  Don’t forget to also keep a Dissertation Expansion Strategy appointment schedule with your thesis advisor and a log of your progress to streamline the meetings.  By staying aware of your timeline you can take the stress out of deadlines and focus on developing your ideas.

Finally, getting back to my mentor’s advice to get Dissertation Expansion Strategy out of what you write, remember to always keep in the back of your mind that you may one day be working Dissertation Expansion Strategy a doctoral dissertation.  This can be the final factor in narrowing your quest for a master’s thesis topic.  Peters (1997) advises that the thesis, although not always a requirement, will help you with the admissions committee, assist you in learning how to conduct and write your research, and may satisfy a prerequisite for a doctoral degree.  Plus, if you can complete your thesis research in an area you feel passionate about, that is relevant to current research trends, and that lends itself to expansion in the event of a dissertation, you Investment Advisers Act Assignment Consent not only facilitate the completion of your master’s degree, you may actually enjoy the journey.

References
Lord, C.G. (2004). A guide to PhD graduate school: How Dissertation Expansion Strategy keep score in the big leagues. In Darley, J.M., Zanna, M.P., & Roediger III, H.L. (Eds.), The Compleat Academic: A Career Guide (2nd ed.) (pp. 3-15). Washington, D.C.: American Psychological Association.
R.L. (1997). Getting what Dissertation Expansion Strategy came for: The smart student’s guide to earning a Master’s of Ph.D. (Rev. ed.). New York: Farrar, Straus, & Giroux.
Tanner, M.W. (2002). Great expectations: Tips for a successful working relationship with your thesis advisor. College Student Journal, 36(4), "Dissertation Expansion Strategy"

Introduction

Starbucks’ CEO, Howard Schultz, asks an interesting question: “What would happen if one takes the high-quality coffee from Starbucks and connects it with the charm and atmosphere of European cafés? Starting from this idea, the company developed in a unique way. Starbucks is now the world leader in the premium coffee with 128,898 employees in more than 17,000 locations and a revenue of US $ 9.77 billion. Starbucks has revolutionized "Dissertation Expansion Strategy" coffee business. Its main marketing strategy is Dissertation Expansion Strategy present the Starbucks store as a “third place” between work and home. Starbucks has expended rapidly abroad, but there were and are some cultural differences through which Starbucks has problems. I will try to analyze these problems and demonstrate solutions.

History

Starbucks was founded in 1971 by two university friends in Seattle. The founders named their coffee, tea and spice business “Starbucks Coffee, Tea and Spice,” in reference to the helmsman in the novel “Moby Dick”. By 1981, three Dissertation Expansion Strategy stores had opened in Seattle. At that time, the New Yorker Howard Schultz was aware of the company. He was impressed by the quality of Starbucks’ coffees and developed the idea of selling premium coffee nationwide. In 1982 Schultz was employed by the company and became head of retail and marketing at Starbucks. A dispute between Schulz and the owners about the further expansion of Starbucks led to a break. Schulz resigned from Starbucks and in 1985 he opened his own coffee bar.

Acquisition and Expansion

Howard Essays On Mexican Immigration kept an eye on his goal of national coverage with premium "Dissertation Expansion Strategy." He argued 15 investors into his idea. In 1987 he bought Dissertation Expansion Strategy Starbucks Dissertation Expansion Strategy $3.8 million and began his expansion with 11 shops and 100 staff. In 1992 Starbucks was transformed into a public company and Schultz took it to the U.S. stock market. With Dissertation Expansion Strategy new money raised he Dissertation Expansion Strategy able to expand even more rapidly (into 272 Dissertation Expansion Strategy abroad began in 1996. The first stores were opened in Japan, Singapore and the Philippines and by 2000 Starbucks had opened in 3500 locations worldwide, including Britain, China, Thailand, The United Arab Emirates and Australia.

In 2001/2002 branches were added in Switzerland and Austria. In Germany Starbucks founded a joint venture with KarstadtQuelle, the Karstadt Coffee Ltd. However, in 2004 Karstadt got into financial difficulties and Starbucks took over Karstadt Coffee Ltd. completely. In 2007 there were first falling numbers in the American branches of Starbucks, following which Starbucks closed 600 locations and cut Dissertation Expansion Strategy to 12,000 part- and full-time jobs. On January 8 2008 Schulz returned as CEO and began to take a radical new approach to the company: he slowed the pace of expansion in the U.S. Dissertation Expansion Strategy changed the range in the shops. Employees the American branches were also given training, because negligence had crept into the Dissertation Expansion Strategy of cappuccinos and lattes.

Strategy

What Is Product?

Starbucks purchases and roasts high-quality whole bean and sells Dissertation Expansion Strategy, along

with fresh, richly brewed coffees, Italian-style espresso beverages, cold Dissertation Expansion Strategy, a variety of complementary food items, coffee-related accessories and

equipment, a selection of premium teas and a line of compact discs, primarily through

company-operated retail stores. Starbucks also sells coffee and tea products and licenses

its trademark through other channels and produces and sells Dissertation Expansion Strategy coffee drinks, Starbucks DoubleShot espresso drink and a line of ice

creams.

Further, in some respects Starbucks is able to sell emotions and experiences. This is basically what every marketing strategy tries to realize and to measure. By providing a unique atmosphere, the customers enjoy the time they spend in the stores. The interior design and the smell of coffee are the most important aspects that support the company’s store concept.

Changes in Society

There are several changes in society that have contributed to Starbucks’ success. In my Dissertation Expansion Strategy, the most important change of the last decades is the economic "Dissertation Expansion Strategy." Starbucks’ strategy involves locating its stores at special places such as urban areas, the first floor of office blocks and entrances to underground stations. These places, of course, become more crowded the better the economic situation is.

The development of information technology and media is another aspect. On the one hand, it helps the company to reach new customers and on the other hand the company embraces multiple music and technology-based initiatives designed to appeal to new and existing Starbucks customers.

Strategy in General

An important question is how Starbucks has succeeded in opening three new stores daily.

The decisive factor in this rapid expansion and the resulting success is the choice of Dissertation Expansion Strategy located sites, which must have a high frequency of customers.

Starbucks tries to reach people where they work, travel, shop and dine, to make coffee to an component of their daily lives. Many shops are integrated into large office complexes, airports, shopping or supermarkets. The company enters these closed markets usually by means of cooperation with well-known regional societies, e.g. in Germany the joint venture with the Karstadt Quelle AG, in which Starbucks holds 20% of the shares, the Karstadt Quelle AG 80%, or in the form of alliances, Examples include: the business relation created in 1993 with Dissertation Expansion Strategy largest bookseller, Barnes & Noble, Inc., Dissertation Expansion Strategy the sale of coffee products in the book shops; a strategic alliance with PepsiCo in 1994; the joint venture between “Starbucks Coffee International” and the Japanese corporation SAZABY Inc. in 1996, to develop the Japanese market, as well as numerous contracts with hotel chains (Marriott) and airlines (United Airlines), to name but a few.

One can say that Starbucks moves into markets that already exist, i.e. where there are already different coffee houses. Starbucks then expands very quickly, according to the clustering model. This can then realize economies of scale and the name Starbucks is the epitome of the coffee houses.

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Entry Strategies of "Dissertation Expansion Strategy" firms: The Case of Carrefour in Saudi Arabia

Executive Summary

            There are a number of entry modes available to companies such as exporting through direct Dissertation Expansion Strategy indirect channels, licensing and franchising, foreign direct investment (acquisitions and mergers, Dissertation Expansion Strategy ventures, strategic alliances etc.). However, the firm when going abroad "Dissertation Expansion Strategy" also see whether the foreign market where it intend Dissertation Expansion Strategy go have potential to grow or not. This work aims at conducting an analysis of entry strategies used by Carrefour to enter retail market "Dissertation Expansion Strategy" Saudi Arabia.

            The research is based on interpretivism philosophy and was designed exploratively. The researcher has used an inductive approach to reach the conclusion. The work is qualitative in nature and judgmental sampling was practiced by Logical Conclusion Examples For Persuasive Essays researcher to select a sample of 50 employees Dissertation Expansion Strategy the strategy department of Carrefour.

            The study concludes that government Dissertation Expansion Strategy regulatory authorities of host country influence Dissertation Expansion Strategy entry mode selection of Carrefour. Carrefour enters only those markets in which the government policies are favourable to the company. It generally avoids countries which create unnecessary issues while granting the license. Moreover, strategic objective and availability and accessibility of resources are main firm specific factors that influence Carrefour's decision in entering into the new market. The company expands its operations in those markets that have profit potential and generate continuous retail demand. From the primary data it can be concluded that promotion of export efforts of government is important home country specific factor considered by Carrefour in selecting the mode of entry. Finally, before selecting an entry mode for entering into the foreign market, Carrefour consider whether the company has experience of operating in the host nation or not.

CHAPTER ONE: INTRODUCTION

Introduction

            When a firm goes international, there are three basic questions that are required to be addressed: What the company is? Where it wants to go? How will it go there? Dissertation Expansion Strategy first question gives the idea of the firm’s values and its core competencies. The second question shows the ambitions and direction of the company, particularly for the foreign market where it intends to enter and expand business. The third question highlights the ways and strategies adopted by the company to enter foreign markets. Jansson (2007) defines entry strategy as how companies get access to new customers in new markets "Dissertation Expansion Strategy" marketing their products and services. According to author, Internationalization strategy is how market of business is rapidly globalized by expansion of the company to the growing number of nations (Jansson, 2007). This section of the dissertation provides a deep insight into entry strategies that firms implement in order to expand their business in foreign countries. This chapter provides the brief introduction of the subject under consideration and main Dissertation Expansion Strategy that are adopted for the purpose of research. The chapter begins with a short background of research area, then providing the problem statement that will guide 8th Grade Reflection Essay Bikes entire research process. Subsequent to this, research aims and are given, that will further help in carrying out research in a systematic manner. Research questions that are intended to be solved through present research are also stated in this chapter. Finally, the section ends by presenting the succinct outline of other chapters that are be included in this dissertation.

Background of study

            The business environment Dissertation Expansion Strategy today’s world is experiencing significant changes such as increase in competition, advancement of technology and increasing globalization. This has provided many market opportunities to "Dissertation Expansion Strategy" firms and therefore, Dissertation Expansion Strategy them to go international. In the past two decades, companies have shifted their orientation from domestic to global and are using global marketing techniques to reach international markets (Davis and et. al. 2000).

            Different researchers discuss on a number of reasons on why Dissertation Expansion Strategy intend to go abroad. Thomson and et. al., (2005) mentioned four main reasons that motivates company to expand their business into foreign markets: (a), gain access to a large number of new customers that further help company to generate more revenues; (b) lowers cost and improving the competitive position of company in the market; (c) capitalizing on its organizational capabilities as well as core competencies; Dissertation Expansion Strategy dispersing business across the wider market so that economic slowdown cannot put the company at Dissertation Expansion Strategy (Thomson and et. al., 2005). According to Couturier and Sola (2010), firms’ desire to acquire resources that are more Dissertation Expansion Strategy than those in the domestic market, also motivates them to go international. Album and Duerr (2008) add some more motivational factors that drive companies to pursue international marketing: firstly, cost of R&D, which, for many products cannot be recovered unless they are sold globally; secondly, the nation’s desire to improve its economic position.

            The major business environment changes that drive rapid growth of global business are: advancement in technology and great reduction in costs of communication, improvement of logistics and supply chain management, development of diverse and sophisticated software applications that support the wide range of organizational functions, entrepreneurial innovation, of capital markets, increasing trend of strategic alliances and joint ventures, etc. (Ellis, 2000).

            Entry in Dissertation Expansion Strategy market most likely means being exposed to completely new business environment. The usual business conditions might differ from domestic market and may even constitute higher level of socio-cultural differences and trade barrier, that may prove to be complex to handle. If the firm lacks important resources and organizational capabilities in unfamiliar foreign market, then Dissertation Expansion Strategy may become difficult to Dissertation Expansion Strategy in the market for long periods. However, being aware of the potential of a target market is prerequisite for making a decision regarding entry into foreign markets. Albaum and Duerr (2008) stated that, Dissertation Expansion Strategy firms have started buying, selling, competing and/or working with business organization in other countries. The authors further assert that, from the customers’ perspective, international sales and marketing provides a wide range of goods and services with better quality and lower Dissertation Expansion Strategy. A similar view is presented by Courturier and Sola (2010), who assert that, companies Dissertation Expansion Strategy develop international in order to survive and sustain in the market. Nevertheless, it is crucial for these companies choosing a suitable target market in order to expand their business network. There are a number of entry Dissertation Expansion Strategy available to companies such as exporting through direct or indirect channels, licensing and franchising, foreign direct investment (acquisitions and mergers, joint ventures, strategic alliances, etc.). However, the firm, when going abroad, must also see Dissertation Expansion Strategy the foreign market where it intend to go have potential to grow or not.

            Carrefour, in order to expand its business boundaries, entered into the market of SA. Initially, the company faced stiff competition from the local players already existing in the retail market of Saudi Arabia (SA). Major among those were Dissertation Expansion Strategy Lifco Group of Companies, Lulu Hypermarket of EMKE Group, and Fathima Group of Companies. Among all, Lulu is the most popular retail store among the local society. At present, the economy of the country is doing well as a result of which Lulu has come up with more than 80 stores at various locations (Barbra Dozier's Blog, 2011). Market leaders like the EMKE group, are in a process to further expand the retail sector to next heights. Apart from groceries, food, drinks and domestic products, these retail stores Dissertation Expansion Strategy sell various brands such as IKON. The Fathima group came Dissertation Expansion Strategy existence in 1970 and offers wide range of products and Dissertation Expansion Strategy. The company operates through retail outlets, hypermarket, supermarket, wholesale and distribution centres, cold stores and restaurants (Barbra Dozier's Blog, 2011).

            To conclude, can be rightly said that today’s world is highly dynamic and globalized, where consumer anticipate a large variety of goods and services to select from, and competition in the market "Dissertation Expansion Strategy" rapidly increasing due to continuous change in social and technological advancements. These trends are keeping the international marketing and internationalism, a hot subject among the companies’ strategic meetings. As a result, business organizations are now looking for new and untapped potential customers for their product and services that further aid them in generating higher revenue and growth prospects for their company.

1.2 Statement of the Problem

            When a firm goes international, there are three basic questions that are required to be addressed: What the company is? Where it wants to go? How will it go there?. The Dissertation Expansion Strategy question gives the idea of the firm’s values and Dissertation Expansion Strategy core competencies. The second question shows the ambitions and direction of the company, particularly the foreign market where it intends to enter and expand business. The third question highlights the ways and strategies adopted by the company to enter foreign markets (Thomson, 2005). 

            Jasimuddin (1995) stated that, studying the culture of the host country is of paramount importance for companies wanting to expand their network because cultural differences have direct influence on all business operations (Jasimuddin, 1995). External business environment is Dissertation Expansion Strategy the only critical component to be examined when establishing business Dissertation Expansion Strategy foreign markets, the potential of the target market Dissertation Expansion Strategy terms Dissertation Expansion Strategy growth and revenue prospects is a major parameter Dissertation Expansion Strategy deciding whether to enter into that market or not. Additionally, identifying the forces that drives competition in the target market is also one of the vital factors, as it helps in determining the attractiveness of the market (Pietrzak and Klug, 2007).

            In sum, the globalization and various technological developments have provided organizations an opportunity "Dissertation Expansion Strategy" expand their operations and to benefit from emerging markets. However, it involves a greater degree of risk Hkcp Dissertation Proposal Example the business markets are volatile "Dissertation Expansion Strategy" in terms of economic and political instability of the countries. Thus, it is crucial for the companies to evaluate what strategy they must adopt to enter into a new market. Several research studies have been conducted with a view to identify the entry strategies "Dissertation Expansion Strategy" prove to be effective for firms, different paths are available to the firms to enter into emerging markets (Limbersky, 2008). Some companies take into consideration the gradual path, in which, as per the time and knowledge they enter into new market one by one, while some companies avoid this strategy. The proposed work will handle Carrefour, a retail company, which is involved in international markets and study its market entry strategy in Saudi Arabia. This area was chosen so as to gain knowledge that how companies formulate their strategies for entering into a new market. will also help in understanding the Dissertation Expansion Strategy to be considered while devising the entry strategies.

1.3 Objectives of study

            The main aim of this study is to conduct an analysis of entry strategies used by Carrefour to enter retail market of Saudi Arabia. More specifically, this study includes gathering relevant data on factors that influences the choice of entry strategies of foreign firms in Saudi Arabia, modes of entry and strategies used by Carrefour to enter the retail sector of that country. Thus, the study also Dissertation Expansion Strategy to examine the challenges that the company faced while entering the foreign market, and steps taken to address that challenge.

1.4 Research Questions

            With a view to achieve the above mentioned aims and objectives, as well as to conduct the study in a systematic manner, it is important to answer the research questions. Following are the main questions that will be addressed by this study:

             What factors influenced the choice of entry strategies of foreign firms in Saudi Arabia?

             What entry strategies Carrefour adopted to enter into retail market of Saudi Arabia?

             What challenges did Dissertation Expansion Strategy company face when entering Saudi Arabia?

             What Dissertation Expansion Strategy the steps taken by the company to address the Dissertation Expansion Strategy challenges?

1.5 Brief Research Methodology

             Research The proposed work is Interpretivism in nature since entry strategies Dissertation Expansion Strategy from country to country and company to company (Merriam, 2009).

             Research Design: The present study is explorative in nature as Dissertation Expansion Strategy topic under study is relatively new and nothing much has been done on entry strategy of Carrefour in Saudi Arab (Suri and Clarke, 2009).

             Research Approach: The proposed work is based on an inductive approach as first the study focuses on evaluating the market entry strategy of Carrefour in Saudi Arabia Dissertation Expansion Strategy then it generalizes the findings (Mulder and et. al., 2000).

             Research Type: The present work is qualitative in nature since all Dissertation Expansion Strategy data collected for this are qualitative (Babbie, 2010).

             Sampling: Judgmental sampling technique is applied for selecting 50 employees of Carrefour from its strategy department.

             Data Collection: Both primary and secondary sources are referred for collecting primary and secondary data. Secondary data are collected through books, journals, internet, etc. while Primary data are collected by conducting interviews of 50 employees of Carrefour from its strategy department (Gibaldi, 2010).

             Data Analysis: Qualitative tools are used for analysing the collected data (Gill and Johnson, 2002).

1.6 Dissertation Outline

The short summary of key chapters of research has been given as below:

             Chapter 1: Introduction: This chapter provides an overview about the retail market of Saudi Arab and market entry strategies practiced by the retailers. In addition to this, aim, objectives and "Dissertation Expansion Strategy" questions are also discussed in this section. Finally, the chapter highlights the significance of the proposed work.

             Chapter 2: Literature Review: In this Dissertation Expansion Strategy the researcher studies various literatures regarding market entry strategies and model practiced by the companies. It provides deep insight about the area under consideration. Further, this chapter helps the researcher in collecting secondary data.

             Chapter Dissertation Expansion Strategy Research Methodology: This chapter the core of the research process. This chapter assists the researcher in designing entire research process for the study so that the work can Dissertation Expansion Strategy completed effectively and efficiently.

             Chapter 4: Data Analysis and Findings: In this section, the researcher discusses all the finding devised Dissertation Expansion Strategy the analysis of the "Dissertation Expansion Strategy" and secondary data.

             Chapter 5: Dissertation Expansion Strategy and Recommendations: Final conclusion and recommendations are made in this chapter by the researcher.

1.7 Significance of the work

            Before entering into any foreign market, a company needs to formulate entry mode strategy to successfully penetrate into the market. This work is an attempt to analyse the entry strategy adopted by Carrefour, while entering into the retail market of the Kingdom. Thus, the present work has a lot of significance. Firstly, it is of high importance to Carrefour to understand whether Dissertation Expansion Strategy have adopted a correct strategy or not to enter into SA. In addition to this, this will also help them in formulating better strategies for entering into other countries. Dissertation Expansion Strategy this study, not only the other Dissertation Expansion Strategy companies operating the outside the SA, but also various other companies other than retail sector will also be benefited. They can use this study to draft their entry mode strategy into SA. The present work is useful for the theoretical purpose Dissertation Expansion Strategy. Students, scholars and professors can consult this work for their academic purpose. Students can gain significant knowledge entry mode strategies through this study. Apart from this, scholars who want to Dissertation Expansion Strategy further studies Dissertation Expansion Strategy this field can refer this work as it will provide them a strong platform for future research.  

CHAPTER TWO: LITERATURE REVIEW

Introduction

            Dissertation Expansion Strategy this part "Dissertation Expansion Strategy" the dissertation, researcher presents various concepts and theories regarding entry strategies, entry modes and internationalization. The main aim of this chapter is to gain deep insight regarding the subject under consideration. For the purpose researcher has referred various secondary sources to collect appropriate information so that researcher can draw valid and appropriate conclusion.

2.1 Market Entry Strategies

            Different researchers have defined foreign market entry strategy, marketing strategy and internationalization differently. Jansson (2007) defines entry strategy as how companies get access to new customers in new markets by marketing their products and services. According to author, Dissertation Expansion Strategy strategy is how the market of business is rapidly globalized by expansion of the company to the growing number of nations "Dissertation Expansion Strategy," 2007). It can be inferred from these two definitions that entry strategy is the initial stage in the process of entering new markets, whereas internationalization is a long-term process that observes expansion of the company in a global Dissertation Expansion Strategy context (Lee, Lim and Tan, 2000).

            According to Jansson (2007), entry strategy constitutes four main factors, namely entry mode (that determine whether the firm shall establish a company of its own, operate through a JV or export), entry node (determine how shall a Dissertation Expansion Strategy joins the Dissertation Expansion Strategy market), entry role (what commercial role the firm shall play in Dissertation Expansion Strategy network i.e. manufacturer, buyer and/or seller) and entry process (determines how the firm shall develop a relationship in local market). Albaum and Duerr (2008) presented a similar Dissertation Expansion Strategy, they stated that market entry strategy consists of marketing plan and entry mode that defines the degree of control the company enjoy and its commitment in the target market. Pan and Chi (1999) identified another aspect, i.e. time of entry, which is essential to consider when entering an emerging market (Greco, Meyer and Streinriede, 2000).

            Agarwal & Ramaswani (1992) have identified Dissertation Expansion Strategy other aspects of market entry Dissertation Expansion Strategy that are related to entry mode - ownership and control. Over the last 10 years, significant emphasis has been laid on maintaining business relationship through networking and strategic alliances and examining the business performance within varied entry modes (Beilock, Wilkinson and Zlateva, 1998). A recent study conducted by Filatotchev (2007) indicates that entry strategies are related to "Dissertation Expansion Strategy," irregularities and substantial Dissertation Expansion Strategy, particularly when companies invest in emerging markets having less developed business infrastructures.

            Luostarinen & Hellman (1993), conducted a research on small family firms in Finland and had a holistic view towards the internationalization process. Unlike outward processes as per the traditional approach, they fortified the notion of inward internationalization. According to them, for gaining internationalisation, companies must buy raw materials, technology, components or goods through inward internationalization. Further, they proposed four stages for internationalisation. These are: domestic stage, inward stage, outward stage and co-operation stage (Esperanca and et al., 2006). Dissertation Expansion Strategy (1988,1993) views on internationalization were based on the opportunities available in the international market. He suggests, the focus of a company should be on OLI framework, that is, ownership, location and advantages by internationalization. According to Dunning, a company will enter into that market where it can utilize competitive advantages (Beilock, Wilkinson and Zlateva, 1998). Hill, Hwang & Kimís (1990) feel that companies entering into a foreign "Dissertation Expansion Strategy" must have some control over the activities. They further proposed that, licensing requires minimum controlling while wholly owned subsidiaries require maximum controlling.        

            Several theories have evolved explaining the reasons for the choice of entry strategies. One of the most important is transaction cost theory.Beside this, resource advantage, international product life cycle, strategic behaviour and network theories Dissertation Expansion Strategy also some well known concepts regarding entry strategies (Harzing, 2002). Some of these focus on internal resources, management practices and risk tolerance of firms, whereas some focus on external business environment factors as the deciding factor for internationalization. In the present dissertation, no specific model has been used, instead the researcher has tried to focus on different aspects of all these theories that are most relevant to present case (Pehrsson, Dissertation Expansion Strategy Foreign Entry Modes

            Hill (2007) stated that there are three ways a business organization must consider if it intends to explore overseas markets. These include decisions regarding Dissertation Expansion Strategy the foreign market to Rory Phillips Illustration Essay, timing of entry, and scale of entry or strategic commitments. The author asserted that, if the company wants to expand its dealing Dissertation Expansion Strategy out of the country markets; it must appraise the long-term yield prospective of the country. The long-run Dissertation Expansion Strategy of operating company in Dissertation Expansion Strategy unfamiliar marketplace mainly depends on market size as well as current and potential purchasing power of the consumers in that market. However, in case of large markets, economic growth rate of the market and living standard of the customers is also required to be considered.

            Once the organization has selected an area to enter, the next step, the company needs to consider is time of entry. If the company Dissertation Expansion Strategy first to enter into the market, then "Dissertation Expansion Strategy" has Dissertation Expansion Strategy advantages such as brand of early entrant will be well known and accepted "Dissertation Expansion Strategy" the market, as well, the first mover is able to capture Dissertation Expansion Strategy large share of market demand. The company also has cost advantage which can be used to cut the price to eliminate competitors for market. However, there are various disadvantages also, firstly, the pioneering costs are needed if the company is first to enter that market. This means, the company has to pay much time, effort and expense to understand that foreign market (Pehrsson, 2004).

            Besides the above two basic decisions, the firm also needs Dissertation Expansion Strategy consider the scale entry. A company can penetrate a overseas market on a large Dissertation Expansion Strategy this needs a tactical assurance. For large scale entry, the firm has to face first mover risks as well as inflexibility. On the contrary, when a company enters the market on a small scale, the company needs more time to acquire market information and then to eliminate risks.

            To a Dissertation Expansion Strategy extent performance of the company in foreign country depends on its market entry mode. The choice of mode of entry that company selects in order to expand its business network in another nation is one of the most critical decisions.

            Root (1987) termed entry mode as an “institutional Dissertation Expansion Strategy that aid entrance of company’s product, competencies, technology and other organizational capital Dissertation Expansion Strategy a distant nation. Gatingnon and Anderson (1988) defined entry mode as “governance structure that enable the company to implement control over its business actions in foreign country (Bretherton and Carswell, 2001).

            As mentioned above, the transaction cost  is one the most important theories that describe the choice of mode of entry. This theory focuses on minimizing the costs by investing in varied markets, protecting assets, etc. The theory is significant when deciding between internally producing in a firm or buying from a market. It emphasises on make or buy decisions (Tielmann, 2010). Nevertheless, when a question is whether the firm should set up production in foreign market or export Dissertation Expansion Strategy, myriads of factors are required to be considered.  Erramilli and et. al. (2002) further added that a company should select the mode of entry that can well reassign its capabilities or resources from domestic nation operations to host nation operations without destroying their value (Wang and Montaguti, 2002).

            Some scholars stated that the growth Dissertation Expansion Strategy of local industry is also one of the important factors on which choice of entry mode depends. Bhaumik Dissertation Expansion Strategy Gelb (2005) argued that if an industry is growing at a fast pace and is therefore changing rapidly, in that case, it may be important for firms to not to lose first-mover advantage to other competitors.

            There are various international market entry modes that company can implement when entering into a new market. Modes of entry vary in terms of Dissertation Expansion Strategy of "Dissertation Expansion Strategy" the company has over resources, the transaction costs associated with these resources, ease of knowledge transfer and enforceability of legal rights. Dunning (1993) identified three factors that determine market entry modes; first is ownership advantages of company, the second is a location advantage of the market and the third factor is internationalization advantage of integrating transaction within a company (Taylor, Zou and Osland, 2000).

Below mentioned are some of market entry strategies that are relevant for companies engaged in retailing and are intending to enter foreign markets:

             Exporting: When a company wants to involve in international retailing at lowest level, then exporting is main choice. It is one of the easiest ways to reach the foreign market and has minimal impact on operations of the firm. Exporting is classified into two categories: direct (every function is owned and controlled by the firm itself) and indirect (some business functions involve intermediaries). From the company’s perspective, exporting requires low investment, increase production capacity, allow the company to achieve competitive edge over rivals, and most importantly improves the financial position of the company. It also allows the firm to uphold control over production function and reaching maximum consumers. On the contrary, exporting has certain disadvantages; the company may lose market control and in some instances exporting may affect financial performance of the company which can Dissertation Expansion Strategy caused by high tariff costs, transportation costs and quotas. This type of entry mode is appropriate Dissertation Expansion Strategy a domestic country has cost advantage and there are low entry barriers.

             Licensing: is in use when a firm allows another firm to produce their product under that firm’s name; it Dissertation Expansion Strategy be process technology transfer from home country to the host country. Licensing involves low initial investment, easy access to the local market, avoidance of trade barriers Dissertation Expansion Strategy ease of understanding local market needs. While Dissertation Expansion Strategy the other hand, licensing has some major drawbacks also; the company may lack control over its operations and may also face difficulty in transferring knowledge. The company can exercise this entry mode when it has a location advantage in the host country.

             When a firm glues with other firm for similar interest and form a new business unit, then Joint venture is in action. The main attribute Dissertation Expansion Strategy this strategy is that rights and control are collective. By forming a joint venture with local partner, the company can enjoy varied advantages, such as, difference in language and culture in the host country will not be a barrier for company to enter another market. Secondly, risks and costs can be shared among partners. Moreover, a joint venture with local partner will allow the firm Dissertation Expansion Strategy have land lease rights and exemption on certain taxes and duties. However, there are various disadvantages also;  the company may not enjoy tight control on its subsidiary. Additionally, shared Dissertation Expansion Strategy may also cause disputes and conflicts among partners, which can affect business to a great extent.

             Franchising: In this type of entry mode, the company gives franchiser the right to use its name to sell the product. In context to the present the retailer can also provide the franchiser with technological knowledge and training required to operate the business effectively. Doherty (2001) asserts that franchising is one of the simplest ways to expand business networks. As far as disadvantages are concerned, under this agreement, the company may not have much control over operations, and moreover, the potential revenue will have to be divided among the partners (Doherty, 2001). It has been observed that most of business organizations that are engaged in retail adopt franchise entry mode to enter in foreign market as it involve lower costs and risks.

             Wholly-owned Dissertation Expansion Strategy Under this type of entry mode, the company wholly owns a business in foreign markets, i.e. from production to ultimate selling, every business function takes place in Creationism And Evolution Essay Prompt foreign nation. Basically, there are two ways to establish subsidiary in foreign market. First is by acquiring an established local company in foreign nations and then to manufacture its own products in that company. The other is by setting up a whole new operation in foreign nation, this is called Greenfield venture. Under this entry mode, the company has tight control on every business operation and will thus Dissertation Expansion Strategy lose its technologies to others. However, this type of entry mode requires huge investment and is relatively more risky than other entry modes.

2.3 Factors influencing decisions of Entry Modes

            Although a business unit may guarantee high growth, expansion or entry "Dissertation Expansion Strategy" a foreign market cannot be productively achieved without having an economical place within the trade and commerce (Agarwal and Ramaswami, 1992). For this reason, selection of mode of entry is essential, therefore, considered crucial tactical resolution. Choice of entering mode is influenced by various internal and external factors which are as discussed below:

Company size and resources: Small-sized corporations have limited market service options as they have restricted resources which may not permit any doorway. Establishing a wholly-owned subsidiary requires substantial investment and involves high risks which a small company cannot afford (Koch, 2001). Size of company and its organizational resources influences choice in the selection of entry strategy to a relatively great extent. According to Root (1994), the more profuse a firm’s resources in technology, capital, management, production and marketing skills, "Dissertation Expansion Strategy" more entry mode options are Dissertation Expansion Strategy Attitude of management:

The point to which a firm will admit company risks occurred from extension depends on the firm’s fiscal position, competitiveness in the market, its strategic options, etc.  The perception of risks associated with a particular mode of entry may influence firm’s decision significantly (Koch, 2001). Wholly owned subsidiary involves the highest level of risk due to heavy resources associated with such entry, whereas exporting is less risky (Hollenson, 2001).

Home country factors: As per Root (1994), variables such as production, market and environmental factors associated with home country also influences the firm’s alternative of entry mode. When the domestic market for the firm is small, the company is forced to go international and motivate it to invest heavily to enter new markets.

Characteristics of the foreign nation's business environment: general business regulations, intensity of competition, taste Dissertation Expansion Strategy preferences of consumers, buying patterns of consumers, business infrastructure and ancillary activities, legislation and technological development are key variables that persuade the option of entry mode. In views of Hollenson (2001), highly competitive business environment may influence firm to enter with mode of entry that require less resources in order to shun redundant risks.

Market growth rate: It is considered to be of great implication. If a marketplace is budding at rapid pace, the firm will be to capitalize Dissertation Expansion Strategy opportunity and use exporting. And if the demand for foreign goods is very large, then the company can also establish its own marketing subsidiary.

Entry Barriers: There are several types of market barriers that make it tricky for overseas company to enter home market. These barriers include tariff "Dissertation Expansion Strategy," distribution access, governmental regulations, exit barriers, etc. These factors tend to manipulate the alternative of entry mode of the business.

2.4 Retailer Internationalization

With the passage of time pace of globalization has "Dissertation Expansion Strategy" and so does the race of companies exploring the new market. More and Dissertation Expansion Strategy companies, with the aim of generating higher and higher businesses are entering into some of the emerging markets of the world such as India, Saudi Arabia, Brazil, China, etc. The main driving factor behind Dissertation Expansion Strategy is that these emerging markets are too attractive "Dissertation Expansion Strategy" ignore and are highly promising markets. In addition to this, these markets are still unexploited and thus Dissertation Expansion Strategy lots of potential for all kinds of businesses. However, swiftest actions by the companies Dissertation Expansion Strategy not guarantee success; rather it is the right moves at the right time that ensure success for the companies (Guisinger, 2001). For retail companies, location is one of the important parameters to be considered while formulating its market entry strategy, but the most important is the timing of the entry. For example, if a company enters a market where Dissertation Expansion Strategy companies have already entrenched business, in that case it is considered Dissertation Expansion Strategy late entrant and hence may not enjoy any first-mover advantage. But if the Dissertation Expansion Strategy is early entrant, in that Dissertation Expansion Strategy brand will be known and accepted by people much earlier, which in turn will enable the company to capture market demand. In addition this, the company also requires to have in-depth understanding of the market in which it intends to enter. Studies have shown that International retailer has to pay much attention to the nature of the market in which it intends to enter. A company needs to conduct extensive market research regarding local culture, local customers’ buying pattern and behaviour, the local consumption situation, etc., as they may differ from those of the home country. Subsequent paragraphs discuss the expansions of big business corporations which will help in understanding about global retailing.

The Dissertation Expansion Strategy of contemporary retail continues to hasten up. In the last decade and a half, more than 50 retailers have crossed Dissertation Expansion Strategy local business boundaries and have explored around 90 new markets. The year 2005 is considered to be a milestone in this as in this year alone around 30 wave 2 companies entered into new markets. Wave 2 companies are those companies which are regarded as supermarket and includes do-it-yourself and apparel retailers. However, a sudden wave of globalization does not result in the success of most of these retailers as in 2005 itself retailers left 17 of the world markets and in the succeeding year, another 19 markets were evacuated by the retailers (A T Kearney, 2012). The main reason behind this was that retailers were struggling to generate profits.

            In this regards, A. T. Kearney is helping retail companies in their global development and Dissertation Expansion Strategy entry strategies through Global Retail Development Index (GRDI). The index considers 30 top moist emerging markets Dissertation Expansion Strategy the world and ranks them on more than 25 macroeconomic parameters and retail specific variables. A. T. Kearney has done lots of research in this area and has found that emerging markets remain attractive and offer a window of opportunity for an average of 5 to 10 years (Davis, Desai and Francis, 2000). Moreover, depending on the Dissertation Expansion Strategy and time of entry of the certain retail formats works better than the others. And finally, modern retail expansion adds to Dissertation Expansion Strategy development and growth of the country.

            After finding that European nations Dissertation Expansion Strategy become mature markets for the retailers, Asia has reclaimed as the lead position. However, the Middle East has recorded highest retail sales growth rate globally followed by the United Arab Emirates and Saudi Arabia ((Root, 1994)). The map below shows relative market attractiveness around the world:

Figure 1: Relative Market Attractiveness

            Between Dissertation Expansion Strategy and 2005, the retail sector of the Middle East countries grew by 30 per cent. This growth is second in the world after Central and Eastern Europe, whose retail market grew by 41 per cent. This figure is well above the growth rate in Asian retail market, which was recorded around 16 per cent (Limbersky, C. 2008). The retail market of Latin America, Western Europe and the United State grew by 20 per cent, 16 per cent and 22 per cent respectively. In addition to better market growth of retail sector, the Middle East countries have recorded the uppermost escalation rates in shopper expenditure and a stumpy echelon of retail concentration. Take an example of Saudi Arabia. In Saudi Arabia the top five retailers hold less than 11 per cent of retail sales (A T Kearney, 2012). Because of this reason, more and more retailers of European nations are entering in the Middle East region countries more particularly in Saudi Arabia, Kuwait and United Arab Emirates. Most of the entrants in this region are non food retailers. Such retailers use low risk models by taking franchise of different brands and tries to gain a "Dissertation Expansion Strategy." Some of "Dissertation Expansion Strategy" retailers entered into this region in the past few years are Burberry, Paul Smith, Jimmy Choo, Asprey and Emporio Armani. Louis Vuitton also is in the process to Dissertation Expansion Strategy its presence in this region and Harvey Nichols is also expected to enter soon in this attractive market. Us retailer GAP is also planning to enter in the five regions of the Middle East by lunching both Gap and Banana Republic stores (Harzing, 2002).

            The annual Gross Domestic Product (GDP) growth rate of United Arab Emirates is 7 per cent "Dissertation Expansion Strategy," the annual retail growth rate of is 11 per cent. The top retailer in this region is Carrefour followed by Consumer Co-op UAE and Casino. The retail space in the country is going by 110 per cent. With the entry of Saudi Arab into the World Trade Organization has resulted in better and easy investment rules. Now foreign countries can control up to 51 per cent shares of the local companies. Because of this the company has got a place in the Dissertation Expansion Strategy of top twenty global retail development countries (A T Kearney, 2012). The country’s economic growth is quite healthy and steady and in addition to this, there is a stumpy concentration of contemporary retailers Dissertation Expansion Strategy top five hold just 11 percent). Both the parameters reflect the tremendous "Dissertation Expansion Strategy" in the retail market of Saudi Arabia. Since several malls have come up in the city like Riyadh and other major cities, the growth of shopping centres and non food retailing is around 100 per cent in the country. Carrefour has sensed the opportunity existing in this country and is Dissertation Expansion Strategy to come Dissertation Expansion Strategy with 18 new stores through partnership with the local players. In addition to this, the retailer has adopted several new such as developing the new floor layout, launching game centres, etc. (Tielmann, 2010). Management feels it will tremendously the company in attracting more and more customers by providing a whole new shopping experience. Another retail giant Casino is also planning to enter in the country’s retail sector through its Giant store format. Since this market possesses lots of potential for the retail players, Carrefour has also entered into the Flood In Uttarakhand 2013 Essays and has further expanded its area of operations.

2.5 Overview of Saudi Arabia retail Market

            The retail market of Saudi Arabia is, however small but per capita income Dissertation Expansion Strategy very substantial. At present, Saudi Arabia and United Arab Emirates are considered as the largest and most attractive markets in terms of total expenditure. The region continues to exhibit strong market presence, increasing population and GDP, more stable political environment and enhance government spending.

            Saudi Arabia is the ninth largest country by area in the world. The strategic geographic position of the country enables it to import products from Asia, Europe and other nations. The kingdom has been ranked as the top market for foreign retailers intending to expand their maker in the region. Over the past five years, the region has experienced significant increase in retail floor space. Today, malls of Saudi Arabia are populated with a large number of foreign stores ranging from Debenhams (UK departmental store) to Starbucks (US coffee house).

            Many market studies have shown that consumers of Saudi Arabia are among the most eager consumers in the world (Saudi Gazette, 2013). According to the IMF, over 81 percent population of Saudi Arabia is economically strong and it further estimates it to increase to 83 percent by 2015. The population of the region is high exposure to global brands and are used to foreign product; this in turn facilitates global companies to establish their products in Saudi Arabia. As well, the demands for global brands are getting impetus in domestic market. Many brands from France, Canada and Germany Dissertation Expansion Strategy also experiencing high demand by Saudis. The shifting tastes of Dissertation Expansion Strategy have motivated international retailers to expand their market in the region.

2.6 Company Background

            Carrefour, French Dissertation Expansion Strategy retail is one of the largest hypermarket chains and fourth largest retail chain across the world. The company's Dissertation Expansion Strategy are located in France. Since its inception in 1959 the company has expanded its business boundaries around the world. Carrefour has its chain all across the globe, including Europe, China, Brazil, Argentina, U.A.E., Saudi Arabia, UK, etc. Carrefour has adopted multi-channel approach in which physical as well as online stores interact with customers in order to meet their different needs and demands.

Product Overview

            Products are core business element for Carrefour. The company believes in providing customers with a wide variety of products with better quality and at the lowest prices. To cater different needs of customers throughout the world, the company refines its product range with a of fresh produce directly from suppliers, essential non-food items, major brand products, day-to-day retail services as well as regional products. In all the stores, Carrefour provides a broad selection of high-quality fresh produce in specially designed areas that make shopping convenient. The company is engaged in partnership with more than 20,000 producers and farmers from the heart of the regions in which company operates. Carrefour contributes significantly in enhancing the local economy and protecting the local expertise, while offering customers with best quality products at reasonable prices (Working for you, 2013).

            The Dissertation Expansion Strategy has always given priority to locally produced goods. More than 75 percent of goods come from local suppliers. It is also fostering enduring relationship with local firms and thereby developing a range of regional products.

            With more than 10,100 stores in 35 nations, company is a major player in international retailing. Currently operating in France and other foreign countries, Carrefour relies on network of integrated and franchised stores, along with stories that the company runs with local partners. The group "Dissertation Expansion Strategy" on developing a product range specific to the region in which each store operates, customized to cater the taste and preferences of Dissertation Expansion Strategy (Overview, 2013). In such business environment the below discussed SWOT analysis will help in determining the competitiveness of Carrefour to compete with local retail giants (Barbra Dozier's Blog, 2011).

SWOT of Carrefour:

            One of the company’s strength is its ability to provide its consumers a variety of store formats, from convenience stores for daily shopping to hypermarket for major shopping. In different countries, the company Homework Motivational Strategies to create competitive advantage through carefully designed and measured investment.

            The expansion of Carrefour also stems from a broad network of franchised stores. The company is engaged in long-term partnership with its franchisee which in turn aid in contributing to market share gains. Integrated and franchised stores share same business practices and values of commercial effectiveness (Working for you, 2013).

            The group has also marked its presence in regions with high growth potential such as the Middle East, North Africa etc, through long term partnership with local operators. The company developed exclusive franchise partnership with Majid Al Futtiam groups that further held strengthening its business operations in the Middle East and Central Asia networks. Additionally, the group has signed a memorandum of understanding the CFAO group in order to develop a Dissertation Expansion Strategy Venture "Dissertation Expansion Strategy" will aid in marking the presence of Carrefour in African Frank M. Robinson Bibliography (Overview, 2013).

2.8 Challenges faced by Carrefour when entering foreign markets

            Emerging markets Garces Memorial High School Essay as Saudi Arabia, are seen as a good business region mainly because of its increasing per capita income, growing taste of consumers towards Western goods, technological advancements etc. However, there are certainchallenges which sometimes make it difficult for companies to operate smoothly in foreign nations. In the context of retailing, when a company attempts to expand its network there are various problems that can occur. According to Peng (2001), most companies fail to operate in foreign market due to lack of market knowledge and inadequate adoption in management and marketing practices, while many companies confront unfamiliar issues or condition in foreign nations. For example, lack of basic marketing infrastructure in emerging markets, poorly developed channel of distribution, Dissertation Expansion Strategy of proper communication channel, Furthermore, in many regions consumers are more loyal towards the local brands which in turn empower local companies to dominate the market (A T Kearney, 2012).

            One of major problems faced by Carrefour, while entering into the Saudi Arabia market was difficulty in finding local players who can share the burden of navigating complex local statues and pre operational regulations. Moreover, the company needs to meet the health and local culture standards for getting "Dissertation Expansion Strategy" licensing. Another challenge faced by the company was the cost associated with the establishment and infrastructure. It requires a "Dissertation Expansion Strategy" cost to set up an establishment that too at a foreign location. Apart from this, growing competition from other retail players was Dissertation Expansion Strategy issue to deal with in the food segment. To overcome this, the company has to set its prices very competitive and thus has to compromise with the profit levels. Although, Saudi Arabia and other Middle East nations were not strategic location for Costco and Wal-Mart, many of the other European hypermarkets strategically planned enter into this sector. In addition to this, chronic inflation was another major challenge sensed by Carrefour. In 2008, due to several reasons such as high liquidity, high demand, low supply, rapid growth and currency peg to the declining US dollar, national inflation was 13 per cent in the Kingdom and as per the economist the consumer price index was 20 per cent. Because Dissertation Expansion Strategy this company's staffing and inventory cost raised significantly, thus eroding its revenue. Finally, political risk from Iraq, Iran, and from terrorism also acted as hurdles in the entry of Carrefour in Saudi Arabia.  

            Nevertheless, Dissertation Expansion Strategy companies are making every possible effort to address the challenges and to mark their presence in a foreign nation. For example, many multi-national companies are creating their own innovative distribution channels and packaging process in order to eliminate the barriers. Companies are conducting extensive market research with a view to understand taste and preferences of local consumers. Additionally, international firms are forming partnerships with local players and are thus reaching to consumers (Koch, 2001). 

CHAPTER THREE: RESEARCH METHODOLOGY

Introduction

           To get a deep insight of the topic and to accumulates appropriate data regarding the various aspects of the research work, researcher need to apply Essay A Trip To Remember approaches, tools and techniques. The research methodology section is designed so as to specify all such approaches, tools and techniques applied by the researcher to reach to certain conclusion.

3.1 An overview Dissertation Expansion Strategy Research Methodology

            The simplest definition of a research process is systematic investigation performed by a scholar in order to gain sufficient amount of knowledge on certain topic or to find the solution of some real life problem. In order to come up with accurate facts and figures, it is Dissertation Expansion Strategy to accumulate appropriate data as it will enhance the Dissertation Expansion Strategy of the work (Bryman and Bell, 2007). To obtain valid, reliable and accurate conclusion of the work, it is essential for the researcher to select the best approach from all the available approaches. Thus, it is required that before starting the research process, scholar must gain enough knowledge regarding different Dissertation Expansion Strategy (Kumar, 2005).

            This section of the report deals with the theoretical presentation of the methodologies and approaches applied by the researcher during the research process Dissertation Expansion Strategy appropriate logic behind it. Thus, the purpose of writing this chapter is to gain an idea regarding the nature of data and information to be collected and to identify the sources "Dissertation Expansion Strategy" are best suitable for collecting information and data. Moreover, this chapter also helps researcher to find the solutions to his or Dissertation Expansion Strategy research questions.

3.2 Research Dissertation Expansion Strategy  In general, there are four kinds of research type, these are exploratory, descriptive, explanatory and causal. The main aim of causal type research is to determine the factors that are responsible for a particular kind of behaviour. Thus, in this, cause and Dissertation Expansion Strategy relationship is determined by the researcher. In case of descriptive research, the researcher does not have any idea regarding the root cause of the problem, the researcher works on the factual information only. In exploratory research, there is no much background information available to the researcher as nothing much research has been done on the topic. Since there is very less secondary data available, the researcher needs to Dissertation Expansion Strategy data from interviews, surveys, experiments, etc. Lastly, in explanatory research Dissertation Expansion Strategy, the researcher tries to explain certain phenomenon. 

            present study will be explorative in nature since Dissertation Expansion Strategy topic under study is relatively "Dissertation Expansion Strategy" and nothing much has been done on entry strategy of Carrefour in Saudi Arab (Suri and Clarke, 2009). This approach will aid in obtaining an in-depth understanding of the particular situation.

3.3 Research design

            Before proceeding with the research work, it is important for the researcher to design the entire process as a well developed structure makes the entire work easy for the researcher. The research deal with four aspects of the research process, these are; finding "Dissertation Expansion Strategy" to research questions, determining the Dissertation Expansion Strategy of data required, determining the sources of data best suitable for "Dissertation Expansion Strategy" work and tools and techniques for analyzing the collected data. The importance of this methodology lies in the fact that on designing tells about the kind of data that will be required for the completion of the research process. For this purpose a researcher can choose from various options such as case study research, action research, cross-sectional, comparative and experimental. A researcher can adopt more than one research design as per the demand of the topic.

            In the present work, the researcher has adopted case study research design technique so as to gain ample of knowledge regarding the subject. On the basis of this approach, the researcher will be able to collect factual data and information regarding Carrefour and thus will help the scholar in reaching to a concrete conclusion. Further, with the help of case study research design, researcher will be able to assess the foreign market entering Dissertation Expansion Strategy adopted by the companies.

3.4 Research Dissertation Expansion Strategy For determining the background and nature of a research, it is necessary for a researcher to propose a research philosophy. It gives clear cut idea regarding the technique that will be best suitable for attaining the aim and objectives of the matter. Research philosophy deals with ideas, values, perceptions and beliefs of different people towards a common situation. Thus, on the basis Dissertation Expansion Strategy these ideas and values, the researcher can draw accurate inferences. As per Williams (2011), a researcher can select research "Dissertation Expansion Strategy" on the basis of "Dissertation Expansion Strategy" the researcher needs to answer from the study. Thus, there are two common philosophies practiced in "Dissertation Expansion Strategy" real world, there are philosophy of positivism and the philosophy of interpretivism, the interprevitism philosophy shows that there can be n number of solutions to "Dissertation Expansion Strategy" given problem depending on the situation in which the problem exists. This philosophy is not scientific Dissertation Expansion Strategy nature and thus does not formulate theories and laws. On the other hand, the philosophy of positivism is also know as scientific philosophy as it is based on facts and figures and states that for a given problem, there can be only and only a single solution. The solution does Dissertation Expansion Strategy depend on the surrounding situation. The interpretivism philosophy is applied on qualitative research with small sample size whereas, positivism Dissertation Expansion Strategy is applied on quantitative research with large sample size.it is the positivism philosophy which is responsible for deriving laws and theories as it is purely based on facts and figures and does not make any assumption.

            The proposed work will be Interpretivism in nature since entry strategies differ from country to country and company to company. Additionally, as the present study is qualitative in nature as well as sample size is also small; therefore Interpretivism philosophy is deemed to be appropriate.

3.5 Research Type

            The most common form of research type are Quantitative and Qualitative. When a researcher needs to determine the 'how' and 'why' nature of research, qualitative research is applied. Through this kind of research, the researcher can gain deep knowledge and understanding on the subject. Through this research type, the researcher can examine the opinion and values and beliefs of human beings regarding the subject matter and on the basis of that draws some conclusion. While in case of quantitative type of research, statistical tools and mathematical formulas are applied on the quantitative data. It tells about the “what” and “where” of the subject under study.

            In the proposed work, both quantitative and qualitative research types are applied. Qualitative methods helped in analyzing the qualitative information. In addition to this, it will Dissertation Expansion Strategy aid in examining the views and opinions of the employees of Carrefour regarding the entry strategies of the company to expand its business in foreign market.

3.6 Research Approach

            Two of the popular research approaches are Inductive and Deductive. Dissertation Expansion Strategy inductive approach is a bottom up approach in which the researcher does not have to look into existing theories or facts (Scandura and Williams, 2000). On Dissertation Expansion Strategy contrary, deductive approach is top bottom approach in which in order to draw appropriate conclusion regarding the subject matter, a researcher first needs to refer the existing facts Dissertation Expansion Strategy theories. The proposed work will be based on an inductive approach since first the study will focus on evaluating the market entry strategy of Carrefour in foreign nations and then will generalize the findings.

3.7 Data Collection Methods

            a Dissertation Expansion Strategy can collect data from either primary or secondary sources. For the purpose of the present study, both primary as well as secondary sources have been used.

Primary Dissertation Expansion Strategy Primary data is that data which is fresh and has been collected for the first time by the researcher for the current study. It is obtained as original information that is collected from data sources and is void of any kind of interpretation. This type of data can be collected through various methods such as interviews, focus groups, observation, surveys, etc. in the context of the present study, primary data have been collected by conducting interviews with 50 employees of Carrefour from the strategy department.

Secondary Data

            It is defined as data that has been collected, examined and assembled already by someone else and is therefore also considered as second-hand information. This type of data can be collected from varied sources such as online, published articles, journals, books, periodicals, government reports etc. It is easily available and accessible. For the purpose of the present research, a number of secondary sources has been used such as company’s annual reports, online articles Chopines Essay Examples to company and marketing strategies, books and Dissertation Expansion Strategy concerning international entry strategies and modes, etc. The internet is one of the main sources that aided accumulating a large amount of secondary data concerning the subject.

3.8 Sampling technique

            For the collection of primary information, the sample of 50 employees of Carrefour has been selected. Sampling is basically Dissertation Expansion Strategy two types: probability and non-probability. Under probability sampling, each element has equal chances of getting selected in the sample while under non-probability sampling technique; chances of elements "Dissertation Expansion Strategy" getting selected in the sample are not equal. Probability sampling Dissertation Expansion Strategy further segmented into simple random, cluster, stratified and multistage sampling, while Judgmental, snowball, convenience and quota sampling are types of non-probability sampling. In the present dissertation, 50 employees of Carrefour have been selected with the help of judgmental non-probabilistic sampling method.

3.9 Method of Data Analysis

            Without analyzing the data properly,  no researcher can reach to any conclusion. Thus, a researcher needs to thoroughly analyse the data so that he or she Dissertation Expansion Strategy deduce something out Dissertation Expansion Strategy it. Based on the nature of data collected, data analysis can be either qualitative or quantitative. (Saunders and et. al., 2009). In quantitative analysis, quantitative data are collected and this it can be analysed through mathematical formulas or statistical techniques. On the other hand, in case of qualitative analysis, thematic technique is applied.

3.10 Research Quality

Reliability

            To make this work reliable and accurate, the researcher has conducted an interview with the managers of the companies regarding market entry strategies used by companies to enter in foreign market. Apart from this, the researcher has referred only trusted and reliable secondary sources for collected secondary data.

Validity

            Reliability and validity, Dissertation Expansion Strategy are important measures to define the research quality. To maintain the validity of the work, the researcher has tried to find out the solutions to some of the real life problems which were stated under the research question section of the work.

3.11 Ethical Consideration

To maintain the ethical consideration, the researcher has took prior written permission from all the respondents. After getting their consent, the researcher has conducted a debriefing session in order to convey the aim, objectives and purpose of the work to the respondents. Further, the researcher has nor forced any participants to be the part of the process and moreover, scholar does not reveal the identity of any of the respondents participated in the research process. The participants were free to leave the process at any point Dissertation Expansion Strategy time they wish.

3.12 Limitations

            The top most limitation of the work is collection of data. Since all the participants were holding major positions in the companies, they cannot afford time for interviews. Thus, the researcher has to complete the interview process as per the convenience of the participants and there are chances Dissertation Expansion Strategy the researcher may not have been able to collect as much information as required. Another limitation of the work is its small sample size. Due to limited time, researcher performed the research only on the 50 respondents.  

CHAPTER 4 Dissertation Expansion Strategy DATA "Dissertation Expansion Strategy" AND FINDINGS

4.1 Introduction

            Data analysis and findings are the penultimate chapter in the research process and draws final outcomes of the work. Thus, for a researcher this chapter holds lots of importance. As the name suggests, research means search of information and data. Thus, a researcher needs to accumulate lots of data and information for successfully conducting the research. The collected information or data can be either qualitative, quantitative or both and the scholar needs to refine the information to analyse the content. Thus, this section the researcher converts the raw data into some meaningful information so that it can presented the readers. Moreover, a well presented report is easily understandable by even a common For analysing the accumulated data, there are several tools and techniques available to the researcher that assists him or her is extracting meaningful information from the raw data.

            The main objective of data analysis is to reach "Dissertation Expansion Strategy" certain "Dissertation Expansion Strategy" of the study. If a researcher deal with raw data, in that case it is not Dissertation Expansion Strategy for him or her to reach to any authentic and reliable conclusion. Thus, to overcome from this problem and to conclude the research effectively it is essential to include a data analysis chapter as it represents internal facts and findings of Dissertation Expansion Strategy topic under Dissertation Expansion Strategy In the present work, Dissertation Expansion Strategy researcher used both qualitative and quantitative techniques of data analysis as the collected data is both in the form qualitative data and quantitative data. For the analysis Dissertation Expansion Strategy qualitative data the researcher has "Dissertation Expansion Strategy" qualitative technique of data analysis. More specifically, thematic analysis has been practiced by the researcher on Dissertation Expansion Strategy collected data. In this the researcher has plot certain themes and graphs and on the basis of that the researcher has made some conclusion. On the other hand, for analysing the quantitative data, the researcher has used the MS Excel software. With the help of this statistical software, the researcher has plotted some bar graphs and pie charts that have helped him or her in drawing conclusions.

4.2 Thematic Analysis

Theme 1: Carrefour operates in several countries

            Started its operations from Paris, France, over the past 40 years the company has become one Dissertation Expansion Strategy the leading distribution group of the world. It is the largest retail of Dissertation Expansion Strategy and is positioned in second place in the world in the "Dissertation Expansion Strategy" sector. Basically the company operates through four major formats; hypermarkets, supermarkets, hard discount and convenience stores. Presently, there are around 15500 stores of the company located in various parts of the world. The company entered Dissertation Expansion Strategy Brazil in 1975 and China in 1995 and is currently operating "Dissertation Expansion Strategy" three major markets; Europe, Asia and Latin America. The company has its presence in more than 35 countries and 56 per cent of the group's revenue is generated from outside France. As per the respondents, the organization sees great potential in the future in countries such as Turkey, Poland, Indonesia, Brazil and China.

Theme 2: Most of the company's stores are located in Europe, US and Asia

            In response to the question related to company's store locations, participants reported that the company has strong "Dissertation Expansion Strategy" in Europe, Latin America and Asia. This shows that the European retailer has a global presence as 56 per cent of the company's revenue is generated outside France. In Asia, China is the biggest hub for the country. Initially, in China the organization faced stiff competition from the local players. Moreover, the government policies were also not favouring the Dissertation Expansion Strategy Giant. Essay On Life Changing Events, gradually the company picked up and in the recent years the company has done well in the Asian giant. On the other hand, Carrefour was not able to "Dissertation Expansion Strategy" its business in India, an emerging economy and other Asian giant. Recently it has been heard that the company has brought down the shutters five of the company's stores in India. Still, the company is considered to Dissertation Expansion Strategy a fair amount of global presence.

Theme 3: Market Dissertation Expansion Strategy, and government and regulatory authorities are main country specific factors influencing Carrefour's decision in entering into new markets

            Among all the listed factors, the majority of Dissertation Expansion Strategy participants said that market potential and government and regulatory authorities play a huge role in Dissertation Expansion Strategy whether to enter into some country or not. The main aim of a company is Dissertation Expansion Strategy make profit, thus before entering into any foreign market, managers analyse the growth factor of the market. If the market shows lots of potential in the years to come, company Dissertation Expansion Strategy strategies Dissertation Expansion Strategy enter into that market so that it can penetrate in a better Dissertation Expansion Strategy. On the other hand, "Dissertation Expansion Strategy" the market looks attractive Dissertation Expansion Strategy

- Коммандер, - сказала она, - если вы инструктировали Дэвида сегодня утром по телефону из машины, кто-то мог перехватить… - Один шанс на миллион, - возразил Стратмор, стараясь ее успокоить.  - Подслушивающий должен был находиться в непосредственной близости и точно знать, что надо подслушивать.  - Он положил руку ей на плечо.  - Я никогда не послал бы туда Дэвида, если бы считал, что это связано хоть с малейшей опасностью.  - Он улыбнулся.

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