logo

Expanding 7 Eleven in Brazil: Cultural Elements and Importance of Cultural Literacy

Write an essay analyzing a chosen multinational corporation in a host country, including background information, cultural analysis, evaluation of cultural literacy, and attention to presentation and referencing.

9 Pages2763 Words464 Views
   

Added on  2022-10-01

About This Document

This report discusses the expansion of 7 Eleven in Brazil, including cultural elements such as communication, attitudes, norms, religions, values, and aesthetics. It emphasizes the importance of cultural literacy and understanding customer preferences and workplace management. Challenges and issues faced by the company in the new market are also discussed.

Expanding 7 Eleven in Brazil: Cultural Elements and Importance of Cultural Literacy

Write an essay analyzing a chosen multinational corporation in a host country, including background information, cultural analysis, evaluation of cultural literacy, and attention to presentation and referencing.

   Added on 2022-10-01

ShareRelated Documents
7 Eleven in Brazil
Expanding 7 Eleven in Brazil: Cultural Elements and Importance of Cultural Literacy_1
Contents
Introduction.................................................................................................................... 1
Cultural elements of the host country.................................................................................... 2
Importance of cultural literacy............................................................................................. 3
Conclusion..................................................................................................................... 5
Reference...................................................................................................................... 6
Expanding 7 Eleven in Brazil: Cultural Elements and Importance of Cultural Literacy_2
Introduction
Background of the company
7-Eleven is a subsidiary retail convenience store that was founded in year 1927 by Joe C.
Thompson, Gordon Cheung, Cynthia Ma. Its headquarter is in Dallas, Texas, U.S. The number
of employees in 7 Eleven are more than 10,000 across the stores in different countries. The
products which are available for customers in convenience stores are beverages, prepared foods,
gasoline, dairy, snacks and many more. The number of stores is available around the world. The
first outlet was named as the ‘Totem’ stores because customers toted away their purchases. The
name of the chain was changed in 1946 to 7 Eleven as they had changed their timing to 7 a.m. to
11 p.m. seven days per week and the corporate name was also changed to 7 Eleven Inc
(Ardichvili, et al., 2012). The vision of the organization is to be the best retailer of convenience
and the value the customers by consistently services the customers as per their requirement. 7
eleven believe in understanding, simplifying, solving and connecting with the customers. It has
more than 2,287 outlets globally and serves millions of customers daily.
It was started as an ice vendor and began with offering milk, bread and eggs on Sundays.
A founder has changed the business idea and it produced the customer's satisfaction and
increased sales with the concept of convenience retailing. In Malaysia, 7 eleven is the pioneer
which is the largest retail store. In 7 Eleven, along with the food products, other facilities and
services are available for customers like bill payment service via Astro, U Mobile, and TM), sell
mobile phones with reloading cards, internet games, fax, photocopying and ATM services
(Olson, et al., 2013). The competitors of 7 Eleven are Walmart, Safeway, and Taco Bell.
In the beginning, Slurpee drinks were introduced in US and Big Gulp beverages were
introduced in 1976. Private brand products are available in 7 Eleven and also include coffee,
fresh-made daily sandwiches, juices, financial services, and product delivery services for
customers' satisfaction (Ardichvili and Jondle, 2009). Its global operations in Asia are in Hong
Kong, Indonesia, Japan, Macau, Malaysia, Singapore, Philippines, Thailand, and UAE. In
Europe, it is in Denmark, Norway, Sweden, and the UK. The business strategies of 7 Eleven
include the improvement in assortment, supply chain, enabling digitalization, growth, and
improvement in-store base and driving operational excellence (Sparks, 2013). It is analyzed that
Expanding 7 Eleven in Brazil: Cultural Elements and Importance of Cultural Literacy_3

End of preview

Want to access all the pages? Upload your documents or become a member.

Related Documents
HI5015: Legal Aspects of International Business and Enterprise
|12
|2486
|159

Determinants of Customer Satisfaction in Malaysian Retail Industry: A Case of 7-Eleven Malaysia Holdings Berhad
|17
|4341
|326

Initiate and lead applied research PDF
|17
|3137
|63

Initiate and Lead Applied Research for 7-Eleven Stores Pty Ltd.
|17
|3318
|103

Assignment on Code of Conduct (COC)
|7
|1546
|136

Business Strategy for 7-Eleven: PESTLE, SWOT, VRIO and Porter's Five Forces Analysis
|12
|3415
|228