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Drivers of Globalization: Market Cost Government Competitive

The document discusses the key drivers of globalization that affect the retail food industry. The main drivers are the market forces of similar customer needs, global customers, and easy foreign market entry. Cost drivers include scale economies, sourcing efficiencies, and country-specific costs. Government policies around trade, export/import, and technical standards also drive globalization. Finally, competitive forces such as global competitors, high import/export levels, and industry interdependence propel the globalization of the retail food industry.

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raghavelluru
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41 views

Drivers of Globalization: Market Cost Government Competitive

The document discusses the key drivers of globalization that affect the retail food industry. The main drivers are the market forces of similar customer needs, global customers, and easy foreign market entry. Cost drivers include scale economies, sourcing efficiencies, and country-specific costs. Government policies around trade, export/import, and technical standards also drive globalization. Finally, competitive forces such as global competitors, high import/export levels, and industry interdependence propel the globalization of the retail food industry.

Uploaded by

raghavelluru
Copyright
© Attribution Non-Commercial (BY-NC)
Available Formats
Download as PPT, PDF, TXT or read online on Scribd
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Drivers of globalization

Market Cost Government Competitive

•Similar •Scale
customer
•Trade •Global
economies
needs policies competitors
•Sourcing
•Global •Technical •High import
efficiencies
customers standards export
•Transferable •Country
•Export •Interdependen
marketing specific costs
import ce
•Easy entry in •More sales policies
foreign market and more
production
Effect of globalization on retail food industry
Easy foreign market
entry
Transferable marketing

Similar customer
needs
Market Global customer

Global competitors Country specific cost

Competitive Drivers of globalization Cost

Scale economies
Interdependence

Sourcing
efficiency

Export import policies Government Trade policies

Technical standards
Globalization and retail food industry

cost

customer Retail food industry culture

country
walmart
carrefour
metro group
tesco
schwarz
Volume of retail sales, all retailers, seasonally adjusted

Year on year, the volume of retail sales in October was 0.1 per cent
lower than in October 2009. Predominantly food stores decreased
by 2.0 per cent while predominantly non-food stores increased by
2.5 per cent. Within predominantly non-food stores there were rises
across all sectors, apart from household goods stores which
decreased by 4.7 per cent, driven by hardware stores. The largest
rise was non-specialised stores at 5.6 per cent. Non-store retailing
increased by 12.0 per cent.

Office of national stastistichttp://www.statistics.gov.uk/cci/nugget.asp?id=256


Published on 18 November 2010 at 9:30 am

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