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I will pay for the following essay Research propsal. The essay is to be 17 pages with three to five sources, with in-text citations and a reference page.The study shows that though economies of scale,
I will pay for the following essay Research propsal. The essay is to be 17 pages with three to five sources, with in-text citations and a reference page.
The study shows that though economies of scale, access to technology and sales operations channels remain significant factors to the advantage of big companies, they remain vulnerable to price wars and product switching schemes initiated by smaller players in the industry. The conclusion is that companies need to focus globally competitive strategies while remaining local in approach to consumers.
According to the United Nations Conference on Trade and Development (UNCTAD) (2004), the retail and consumer industry is one of the industries exhibiting one of the highest growths today. Though the UNCTAD subsequently report reduced the expected growth rate projections in 2006, the industry remains to be an attractive industry (Awbi, 2006a. Tesco expands in Japan, backtracks on China, 2006).
As early as 2001, analysts have already predicted a developing price war among UK's supermarkets due to jockeying in the UK for market position as a platform of expansion (UK 'poised for supermarket wars'). Another important factor contributing to the competition in industry has been due to the entrants of small and big players into the industry which included the vigorous expansion of Wal-Mart in the UK (Schrage, 2005)
However, indicators from the second half ...
ed growth rate projections in 2006, the industry remains to be an attractive industry (Awbi, 2006a. Tesco expands in Japan, backtracks on China, 2006).
Research Rationale
As early as 2001, analysts have already predicted a developing price war among UK's supermarkets due to jockeying in the UK for market position as a platform of expansion (UK 'poised for supermarket wars'). Another important factor contributing to the competition in industry has been due to the entrants of small and big players into the industry which included the vigorous expansion of Wal-Mart in the UK (Schrage, 2005)
However, indicators from the second half of 2006 have indicated that earlier projections in 2004 may still be achievable due to market growth in Europe (Awbi, 2006b). The UK supermarket industry has is critical in establishing market presence in the European Union (EU) and this is the motivation behind most companies in the industry vying for position in the local supermarket industry. This highlights the importance of developing TQM strategies that secure a retailer's position in the supermarket industry (Easterby - Smith et al, 2001).
Objectives
At the end of the study, the research aims to be able to enumerate the key TQM strategy elements that companies need to be competitive in the UK supermarket industry. The study will be able to identify key industrial characteristics that drive the market's movement as well consumer motivations and expectations. The study will provide insights on the dynamics of the UK supermarket industry as it continues to grow in significance globally.
