Preview

Success Factors 7-Eleven in Thailand

Powerful Essays
Open Document
Open Document
3701 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Success Factors 7-Eleven in Thailand
2010 International Conference on Business and Economics Research vol.1 (2011) © (2011) IACSIT Press, Kuala Lumpur, Malaysia

Success Factors 7-Eleven in Thailand
Thanee Ngaochay is a PhD candidate at
Shinawatra International University, BBD Building (Viphavadi) 197 Viphavadi-Rangsit Rd, Samsen Nai, Phayathai, Bangkok 10400 Thailand. Email: thanee_2304@yahoo.co.th.

John Christopher Walsh is with
Shinawatra International University, BBD Building (Viphavadi) 197 Viphavadi-Rangsit Rd, Samsen Nai, Phayathai, Bangkok 10400 Thailand. Tel: 66 2650 6020, Fax: 66 2650 6021 Email: jcwalsh@shinawatra.ac.th. management in line with the standards of the National Quality Award. These successes have been reasonable due to the purpose, knowledge, and capabilities of all employees at every level. The concentrated efforts of all employees working in agreement, combining similarities and differences will drive effective thinking and working together and will finally lead to the ability to create continued strength for the Company. Moreover, the Company will focus on building an organizational culture to create competitive advantage to meet customers’ demands through differentiated products and services. In addition, this will also promote the create talents of the employees and improve the quality of employees to be more effective. The success and stability of CP All today will be an important foundation in building future business sustainability [4]. In 2008, the business sector was affected by both the economic and political crises, which reduced the income, purchasing power and consumer confidence among rising costs. With consumers worried about the economic conditions and payment, consumer confidence was not invigorated. Consequently, retailers have implemented various sales and promotional strategies to attract customers and maintain market share. On the other hand, it was found that retail business in the form of convenience stores has been able to increase and has



References: [1] [2] Bond, R. (1985). The source book of franchise opportunities. Illinois; Dow Jones- Irwin. Carr, N.G. (2004). Does IT matter? Information technology and the corrosion of competitive advantage. Boston, Mass: Harvard Business School Press. Coyle, J.J., Bardi, E.J. & Langley, C.J. Jr. (2003). The management of business logistic: A supply chain perspective, (7th ed.). Cincinnati, Ohio : South-Western/ Thomson Learning, cop. CP ALL Plc. (2008). Annual Report 2008. CP ALL Plc. (2009). Annual Report 2009. Dai, S. (2004). Knowledge Creation System in Seven-Eleven Japan. Journal of Electronic Science and Techno-logy of China. Vol2 (3) , 92-97. Etzel, M.J., Walker, B.J. & Stanton, W.J. (2004). Marketing, (13th ed). In Etzel, M.J., Walker, B.J. & Stanton, W.J. (Eds). Channel of distribution, Boston,Mass.: Mc Graw-Hill/Irwin. Gattorna, J. L. & Walters, D. W. (1996). Managing the supply chain: A strategic Perspective. Basingstoke, Macmillan. Hall, P. & Dixon, R. (1988). Franchising. London: Pitman Publishing. Higginson, J.K. &. Bookbinder, J.H. (1997). (Eds), Distribution centers in supply chain operations, New York: Springer. Hisrich, R. D. & Peters, M. P. (1995). Entrepreneurship, (3rd ed). Chicago: Irwin Publishing. Kotzab, H. & Bjerre, M. (2005). Retailing in a SCM-perspective. In Kotzab, H. (Ed.), retailing the context of IT and distribution (p 14-29; p 94-107; p 115-140). Copenhagen: Copenhagen Business School Press. Lovelook, C. H. (1984). Service Marketing. Cliffs, NJ : PrenciceHall,Inc. Morash, E.A. (2001). Supply Chain Strategies, Capabilities, and Performance. Transportation Journal, 41(1), p. 37-54. Perreault, W.D. & MaCarthy, Jr. E. J. (2003). Essential of marketing: A golbal management approach, (9th ed). In Perreault, W.D. & MaCarthy, Jr. E. J.(Eds). Logistics and distribution customer service. Boston, Mass.: McGraw-Hill/Irwin. [3] [4] [5] [6] [7] [8] [9] [10] [11] [12] [13] [14] [15] 151

You May Also Find These Documents Helpful

  • Powerful Essays

    Home Depot

    • 5844 Words
    • 24 Pages

    A paper submitted to Webber International University in partial fulfillment of the Bachelor Degree in Business Science Administration…

    • 5844 Words
    • 24 Pages
    Powerful Essays
  • Powerful Essays

    The content of this report is made for the purpose of XXXX University BA Program, Business Research.…

    • 4340 Words
    • 18 Pages
    Powerful Essays
  • Powerful Essays

    9 Lynch, R. (2006), Corporate Strategy, 4th edn, Harlow, Essex: Prentice-Hall, pp. 308–10. 10 Womack, D., op. cit., p. 25. 11 Frazier, G.L., Maltz, E., Antia, K., and Rindfleisch, A. (2009), ‘Distributor sharing of strategic information with suppliers’, Journal of Marketing, 73(4): 31–43. 12 Perreault, W.D. and Russ, F.A. (1976), ‘ “Physical distribution” in industrial purchase decisions’, Journal of Marketing, 40: April. 13 Hutt, M.D. and Speh, T.W. (2009), Business Marketing Management: B2B, 10th edn, Cincinnati: South Western Educational Publishing. 14 Manna, D.R. (2008), ‘Just-in-time: case studies of supplier relationships across industries’, Journal of Applied Business Research, 24(1): 75–83. 15 Jayaram, J., Vickery, S. and Droge, C. (2008), ‘Relationship building, lean strategy and firm performance: an exploratory study in the automotive supply industry’, International Journal of Production Research, 46(20): 5633–49. 16 Ballou, E.H. (1987), Basic Business Logistics, 2nd edn, Englewood Cliffs, NJ: Prentice-Hall. 17 Firth, D. (1988), Profitable Logistics Management, Ryerson, Canada: McGraw-Hill. 18 Shang, J., Yidrim, T.P., Tadikamalla, P., Vikas, M. and Brown, L. (2009), ‘Distribution redesign for marketing competitiveness’, Journal of marketing, 73(2): 146–63. 19 Firth, D. op. cit. 20 Ballou, E.H., op. cit.…

    • 18757 Words
    • 76 Pages
    Powerful Essays
  • Best Essays

    Seven Eleven Japan

    • 2764 Words
    • 12 Pages

    Seven Eleven Japan established in 1973 and became the leader in Japan’s retail industry. In order to obtain its success, Seven Eleven Japan has developed several strategies in improving her supply chain management.…

    • 2764 Words
    • 12 Pages
    Best Essays
  • Good Essays

    7 Eleven

    • 476 Words
    • 4 Pages

    7-Eleven experienced years of success both home and abroad. In North America they were successful as a ‘typical’ convenience store selling gasoline, convenience items and their flagship ‘Big Gulps’ and ‘Slurppees’. While there were many 7-Eleven stores in North America, the dispersion of stores was not dense like they were in Japan. As the economy worsened in the 1980’s and competition increased, due to more convenience stores and supermarkets with later hours, store location played an important role in the strategy that made Japan a success within the 7-Eleven company. Furthering the success abroad was measuring and forecasting consumer’s needs. A need like fresh food, which represented 40% of sales and had high profit margins, led to further success. Location and customer service are two items that the North American outlets should have paid closer attention too in order to have followed in Japan’s footsteps.…

    • 476 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    School of Marketing and International Business, Victoria University of Wellington, New Zealand; kim.fam@vuw.ac.nz Department of Management and Marketing, Szechenyi Istvan University, Gyor, Hungary; jozsal@vnet.hu c Department of Management and Marketing, Szechenyi Istvan University, Gyor, Hungary; andrea.solyom1@gmail.com d Faculty of Economics and Business, Universiti Malaysia Sarawak, Malaysia; drernest@feb.unimas.my e Faculty of Economics and Business, Universiti Malaysia Sarawak, Malaysia; hiramparousia@yahoo.co.uk…

    • 3857 Words
    • 16 Pages
    Powerful Essays
  • Satisfactory Essays

    Summary Flat Cargo Bhd

    • 616 Words
    • 3 Pages

    Flat Cargo Berhad (FCB); a high reputable company, was one of the largest air freight companies in Malaysia. It was a listed company and registered as investment holding company. The main activity of the company was as an air cargo carrier, provide air freight transportation which includes aircraft charter and leasing. FCB also has several subsidiaries and the principal activities of its subsidiaries included air freight services and aircraft ground handling services. FCB started its operation in 1997 and on September 2001, the Company was listed in Bursa Malaysia. The largest share of the company owned by Miri Group amounted 55.2 million shares, which brought from the founders via an off market deal. In 2005, FCB was ranked 4th in term of capital gain and dividend to shareholders. The share price had roses from RM 1.89 in 2001 to RM 10.60 per share in 2005. With the wide range of customer worldwide, the Company can maintain it financial operation in five consecutive years.…

    • 616 Words
    • 3 Pages
    Satisfactory Essays
  • Powerful Essays

    Purpose – The purpose of this research paper is to assess the awareness of stem cell harvesting among Malaysian.…

    • 12601 Words
    • 51 Pages
    Powerful Essays
  • Powerful Essays

    Tnb Debt Currency

    • 3597 Words
    • 15 Pages

    Tenaga Nasional Berhad Department of Accounting and Finance, Faculty of Economics and Management, Universiti Putra Malaysia *Corresponding author.Email:annuar@putra.econ.upm.edu.my, Phone: 603-89467600…

    • 3597 Words
    • 15 Pages
    Powerful Essays
  • Best Essays

    Daffodil International University Journal of Business and Economics, Vol. 5, No. 1 & 2, December, 2010…

    • 4322 Words
    • 18 Pages
    Best Essays
  • Satisfactory Essays

    Mutia Sobihah Abd Halim (Corresponding Author) Politeknik Hulu Terengganu, Kuala Berang, Terengganu, Malaysia. Nuru Mazlia Musa Politeknik Hulu Terengganu, Kuala Berang, Terengganu, Malaysia. Ahmad Munir B. Mohd Salleh Embat Faculty of Management and Economy, Universiti Malaysia Terengganu, Malaysia. Wan Abd Aziz B. Wan Mohd Amin Faculty of Social Development, Universiti Malaysia Terengganu, Malaysia. Mohamad Saladin Muda Faculty of Management and Economy, Universiti Malaysia Terengganu, Malaysia. Noor Maizura Mohamad Noor Faculty of Technology and Sciences, Universiti Malaysia Terengganu, Terengganu, Malaysia.…

    • 4126 Words
    • 17 Pages
    Satisfactory Essays
  • Good Essays

    Impact on Hr Practices

    • 897 Words
    • 4 Pages

    _______________________________ *Khurram Shahzad, Assistant Professor, Faculty of Management Sciences, Riphah International University **Sajid Bashir, PhD Scholar, Faculty of Business Administration & Social Sciences, Mohammad…

    • 897 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    A convenience store chain attempts to be responsive and provide customers what they need, when they need it, where they need it. What are some different ways that a convenience store supply chain can be responsive? What are some risks in each case?…

    • 2117 Words
    • 9 Pages
    Powerful Essays
  • Powerful Essays

    Economics and Private Sector

    • 102260 Words
    • 410 Pages

    A Thesis submitted for the degree of Doctor of Philosophy Division of Business and Organization School of Management…

    • 102260 Words
    • 410 Pages
    Powerful Essays
  • Satisfactory Essays

    ©2013 Cengage Learning. All Rights Reserved. May not be scanned, copied or duplicated, or posted to a publicly accessible website, in whole or in part.…

    • 776 Words
    • 5 Pages
    Satisfactory Essays

Related Topics