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7-Eleven in Taiwan

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Subject: 7-Eleven in Taiwan

Seeking an expert perspective in the following areas on 7-Eleven in Taiwan

- Briefly discuss each area in SWOT
- Briefly identify and discuss Key Strategies
- Briefly identify and discuss Key Issues
- Make Recommendations based on the above areas discussed

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Step 1
Strengths: 7-Eleven Inc. is the world's largest operator, franchisor, and licensor of convenience stores. It has a strong business format, wide international presence, and has a strong deal with President Chain Store Corp., the distribution arm of Uni-President Enterprises Corporation Group. Its stores are such that they appeal to the Taiwanese Customers, localized is approach In Taiwan and achieved growth, and has used innovations such as ibon platform to strengthen its position in Taiwaan. Weaknesses: Even thought 7-Eleven Inc. Offers ibon, its communication with customers is weak because its web based services are not well developed. It has high employee turnover. Moreover, 7-Eleven Inc. has high margins and cannot compete on price. Its overheads are relatively high. Its offering is limited, and is not perceived as a place for complete shopping. 7-Eleven Inc. is not distinguished as the destination of choice for shopping. Opportunities: PCSC has the opportunity of selling passenger and rail tickets in Taiwan. The other opportunity is that it can provide its customers with buying and renting apartments and cars. Further, PSCS has the opportunity of opening Franchisees at Shanghai, Japan. Threats: There is strong competition from other convenience chains as well as from international discount ...

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Applied Statistics in Business and Economics ..

Sixty-four students in an introductory college economics class were asked how many credits they had earned in college, and how certain they were about their choice of major. Use á = .01

RQ: Is the degree of certainty independent of credits earned?

Fill in the Green cells in the attached worksheet.

Credits Earned Very Uncertain Somewhat Certain Very Certain
0-9 12 8 3
10-59 8 4 10
60 or more 1 7 11

Check that the total = 64

A. Choose the Hypothesis

B. Specify the Decision Rule

C. Calculate the Test Statistic

D. Make the Decision. Are the Chi-Square assumptions met?

E. Give an interpretation of the Decision

F. P-value Method
1. Calculate the P-value, what is it?

2. Does that P-value support the Decision in Part D?

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