7 eleven globalization
What do you think are the reasons for seven eleven to go global?
1.
Increased Market Share: By expanding globally, Seven Eleven can increase its market share and create a competitive advantage over other convenience store chains. 2.
Diversification: Global expansion allows Seven Eleven to diversify its operations and reduce its dependence on any one market.Is 7-Eleven a global business?
Today, 7‑Eleven is a global brand with more stores than any other retailer in the world – more than 84,000 across 20 countries to be exact.
Which strategy does 7-Eleven employ for entering a new market?
Traditionally, 7-Eleven's entry strategy is to target urban markets and tailor stores to local tastes.10 mai 2013
Convenience stores and gas stations serve nearly every segment of the population, 24/7, 365 — which is why 7-Eleven continues to thrive, no matter the overall economic climate.
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