Buy custom What effect might Tesco Plc planned international expansion have on the countries in which it creates new outlet?
Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
9 / 2284 |
Essay's paper body
It operates its stores in Korea via a joint venture Samsung Corporation, a local conglomerate . They have recently brought another 12 stores in South Korea, expanding its South Korean Homeplus estate to 44 stores.
In July Tesco Plc took its first steps into China by signing up to buy a 50% stake in a venture with Taiwanese hypermarket chain Ting Hsin, which has 25 outlets (hypermarkets) ...
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These outlets are under the Hymall brand name, most of which are in shopping malls.
Effects of multinationals
There are a number of problems caused by multinational companies like Tesco expanding into developing countries. One problem is that they could use their competitive advantage to drive local competitors out of business or buy out existing competitors...
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