The retail industry in China Essay Example | Topics and Well Written Essays - 1500 words

The retail industry in China - Essay Example f various consumer protection legislations like 1993 Chinese Consumer Protection Laws and others that have resulted in high bargaining power of consumer in the Chinese market (Zhuang, Herndon & Zhou, 2003, p.42). Bargaining Power of Suppliers In the past history Chinese suppliers had an edge over the retailer primarily due to legislative policies like the planned price based system. This helped the suppliers to have greater bargaining power. However with the abolition of this policy has led to suppliers in a situation of overstocking that has forced them to lower prices that has in turn heavily reduced the bargaining power of the suppliers. In addition to this the emergence of private label brands and supermarkets has also considerably dented the bargaining power of the suppliers. Hence it can be easily stated that the extent of this force in the Chinese retail industry is low (Zhuang, Herndon & Zhou, 2003, p.40-41). Threat of New Entrants The Chinese retail industry was initially hi ghly protected by the government that made it difficult for new players to enter the market, however with liberalization coming in a step by step manner, the entry barriers have decreased owning to smaller economies of scale in the retail industry. However, the coming up of international supermarkets has also threatened the existence of small individual retailers and has also increased the entry barriers for the new players (Bird et. al, n.d., p.44). Competition among the Existing Players The opening up of the Chinese economy and its liberalization has increased the number of competitors in the market. The emergence of international retailers has further increased the extent of the competition in the retail market. The figure below shows the list of top ten retail brands in the multi brand... According to the research findings the age of globalization has opened up a plethora of opportunities for business organizations operating in the present world. Globalization has rendered the entire world into a boundary less market with organizations trying to establish their presence in the market. The growth of free trade as well as emergence of developing economies like China and India also have opened up new vistas for firms trying to expand their business in the wake of saturation of the traditional markets of Europe and USA. However international expansion also involves considerable planning as there are considerable entry barriers in new markets as well as other forces that affect the business prospects of firms. The analysis of the Chinese retail market shows considerable advantage considering the rapid economic growth of the nation. The analysis of the five forces model reveals that the competitive landscape is very congenial for investing in the market. However certain ent ry barriers like government regulations can emerge as a considerable source of barrier for new foreign players to establish their presence in the market. However since the competitive landscape of the market has become extremely competitive hence, it has become somewhat difficult for new market payers and instantly grab the market share. The key lies in formulating an optimum service mix that can help in generating competitive edge for an organization.

Transport Techniques and Management Essay Example | Topics and Well Written Essays - 3000 words

Transport Techniques and Management - Essay Example Fossil fuels are considered as non renewable sources of energy (Lawson, 2001, p.38). The reserves are getting depleted away at a much faster rate in comparison to its formation. However the production process and its use increase the chances of environmental pollution. Therefore a global footstep towards the formation of non-renewable resources is under process in order to meet the needs. However there are also environmental effects which take place for its usage. USA only holds 5 % of the world’s total population, but due to its high usage of private cars, it consumes a lot of petroleum products. USA uses more than 25% of the total fossil flues of the world. Moreover 90% emission of green house gasses is mainly due to the process of fossil fuel combustion. Combustion of fossil fuels also gives rise to the different air pollutants the pollutants include nitrogen oxide, volatile organic compounds and sulphur oxide (Chowdhury, 2007, p.2). Coal, natural gasses and oil are made fr om fossil fuels (U.S department of energy, n.d.). Oil is also considered as the primary source of transportation. Petroleum products include diesel, petrol and other natural gasses. Due to the heavy increase of transportation there is a huge increase in the use of petrol and diesel. Also the products are non renewable sources thus usage should be controlled. Therefore it is necessary to find an alternate source by which the non renewable sources can be consumed for future uses. Also if the non renewable sources are used to a certain level the future generation capability may also get highly weakened. Hence the alternative means of flues or any other technology must be renewable. In other words there should be use of alternatives which can be further generated and also remain economically friendly. Therefore in the context of the project the three alternative means of technology or fuel in underlined below:- Alternative 1- The first alternative is about using solar energy for the pro cess of transportation: The use of solar panel in car can hugely save energy and is also an eco friendly medium. Solar panels are mainly made up of different individual components such as Photo voltaic cells. These cells are capable of generating high amount of amount of energy in order to run a carriage. Solar panels can be attached to the roof tops of the cars, the solar panels are mainly used for running the peripheral devices within the engine and not rolling the wheels. The only difference between the other cars and a solar car is the fuel that is used for running the car. The energy from sun also known as solar energy is used to charge the cells. The power that has been generated from the solar panels is used to charge the 11 Nickel Metal-Hydride batteries, which makes it capable to run even a bus. For example a bus named ‘Tin-do’ is capable of carrying passengers up 27 numbers. The car is also capable to run at a speed of 76 km / hr. The biggest advantages of usi ng solar panels are that it gets recharged very quickly. The quicker recharge system allows the battery to get recharged 1km capacity, which makes the technology to be very competitive. The advantages of Solar energy cars are as follows:- The energy is practically inexhaustible. The energy is derived from sun light and hence there are no concerns over its existence (Chauhan,