Download The Market Makers: How Retailers are Reshaping the Global by Gary G. Hamilton, Visit Amazon's Benjamin Senauer Page, PDF

By Gary G. Hamilton, Visit Amazon's Benjamin Senauer Page, search results, Learn about Author Central, Benjamin Senauer, , Misha Petrovic

In eleven chapters through major students, 'The industry Makers' presents an in depth yet hugely readable research of the way shops became the prime drivers of the hot international financial system.

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Additional info for The Market Makers: How Retailers are Reshaping the Global Economy

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Innovations such as bar codes and checkout scanning, plus payment by credit or debit cards, would be impossible without the revolutionary changes in computer hardware and software. The three chapters in Part Two examine the development and institutionalization of consumer markets. In Chapter 3, Petrovic addresses American retail formats and their global diffusion. All major formats that characterize contemporary retailing, from supermarkets, shopping malls and big-box stores to gas stations, convenience stores, and fast-food restaurants, originated in the USA and then spread around the world.

However, in no European country are these changes as advanced as in the USA. The higher level of regulation not only hampers these changes, but modifies them, leading to new innovations and dynamics in some cases. Wortmann focuses on retailing in four major countries. In France and Great Britain retailing regulation has been relatively weak, so many of the trends have materialized to a much greater extent than in Italy, which has very rigid regulations. Germany is somewhere in between, attempting to limit store size, but not merchandising practices, which has led to the growth of small-store hard discounters, such as Aldi.

In terms of impacts on suppliers, PC-makers have adopted just-in-time practices and moved to vendor-owned inventory to reduce costs. As PC firms have focused on retailing and marketing, they have outsourced even new product development to a contingent of original design manufactures, mostly in Asia. 28 Part One The Market Makers: A General Perspective This page intentionally left blank 1 Retailers as Market Makers Misha Petrovic and Gary G. Hamilton Introduction When we think of capitalist economies, we think of organizations, or of markets, but rarely of both together.

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Download The Market Makers: How Retailers are Reshaping the Global by Gary G. Hamilton, Visit Amazon's Benjamin Senauer Page, PDF
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