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International Retailing Plans and Strategies in Asia (Paperback)
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International Retailing Plans and Strategies in Asia (Paperback)
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Learn the how, when, and why of entering Asian markets Retailers
entering Asia are faced with not only a consumer and retail culture
very different from their own, but with a variety of cultures that
vary greatly among countries within the continent. International
Retailing Plans and Strategies in Asia examines the strategies of
Western retailers entering into Asian markets and provides specific
case examples showing why some companies have failed in Asiaas well
as factors that helped others succeed. Important concepts for
international retailers exploring Asian markets are clearly
explained, and the material is particularly relevant to current WTO
and UNCTAD debates about the globalization of retail markets.
Helpful tables, charts, and illustrations make complex information
easy to access and understand. International Retailing Plans and
Strategies in Asia examines: how foreign investment influences
domestic retail systems how strategies for entering European
markets can be adapted and applied to various Asian markets the
important practice of incorporating local cultural values into
trading relationships in Asian markets the investment of Japanese
retailers in China and the trend toward internationalization in
Asia by Asian retailers the evolution of foreign investment in
Koreawith a look at foreign firms' specific investment strategies
issues of local competition and the need for foreign firms to adapt
to local consumer cultures, particularly as analyzed in case
studies of Metro Cash and Carry, Toys R Us, and Carrefour what
understanding foreign markets means in terms of adaptation and
success for retailers and wholesalers The material in these pages
will help to inform business decisions about how to (and how not
to) enter foreign markets and whether or not it is proper for
governments to intervene. The chapters in this book, originally
presented as papers at a workshop held at Chung-Ang University in
Seoul in November 2003, address issues of diversity in
international retailing and distribution in Asia. International
Retailing Plans and Strategies in Asia is designed to be essential
reading for international marketing students, retail researchers,
business managers, and policymakers, and to be a useful addition to
university business school library collections.
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