Monday, July 29, 2019
Can Agros enter the chinese market -An investigation about chinese Essay
Can Agros enter the chinese market -An investigation about chinese consumers' attitudes towards the Argos business modle - Essay Example plishment can be attributed to the increase in the purchasing power of the Chinese people due to the corresponding increase in their disposable income. The research paper will attempt to investigate the attitude of the Chinese customers towards Argos business model. Argos, owned by Home Retail Group, is a major retailer group in UK offering consumer durable and fast moving consumer goods. It has a unique recognition in UK as a multi-channel retailer and serves its customers with 700 retail stores in UK and Ireland. 26% of its total retail sales come from online and home delivery services. It has developed a unique style whereby it receives orders online and through telephone and delivers them at the customersââ¬â¢ home. Around 18 million of UK households are using products under Argosââ¬â¢ catalogue (Argos, 2010). The research will aim to find out whether Argos business model is compatible in the Chinese retail industry. A research will be conducted for this purpose. A brief literature review will be discussed in the very beginning to analyse the present situation of the Chinese retail market. This will be followed by a comprehensive analysis of the objective and requirements of this research paper. The section allotted to research design will discuss on the research methodology and will select the most suited one. The collected data will then be analysed to generate the findings of this research. The concluding section will not only deal with the inferences arrived at but also the limitations that have restricted the findings. The literature review is a very important section as it helps to develop a theoretical framework for the research topic. This part also prepares the base of the research topic by identifying supporting studies related to Chinese retail market and consumer behaviour. Political and social development of China was accompanied with economic growth. It is primarily seen as the fruit of industrialization that reduced poverty and increased the
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