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Title: Importance of Retailing
Description: Is retailing really necessary in a country?
Description: Is retailing really necessary in a country?
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Is retailing really necessary in a country? Discuss and justify your arguments
Table of Contents
Importance of Retailing for Country
...
Introduction
...
3
Retailing and retailing industry
...
4
Retailing and Innovativeness
...
7
Arab Republic of Egyptian Constraints against Small and Medium Retailing Firms
...
11
Page 1 of 14
Introduction
Retailing arena is attracting different businesses
...
Many investments were directed toward retailing
...
Development of retailing granted
many chances to Small and Medium Enterprises to invade retailing sectors, throughout
electronic means and shopping websites
...
, 2014)
...
The growth of the retailing in the Small and
Medium Enterprises will ensure that there would be higher rate of entrepreneurial
behavers and will enhance the capabilities of the organizations to develop higher rate of
cooperation for achieving high growth rate in their sales and domination for the national
and the international markets (Zhen, 2007)
...
The paper aims to
identify different effects that resulted from retailing upon different aspects of national
Page 2 of 14
environment, and identification for importance of retailing industry
...
Additional services offered by
Retailing Firms, which is the facilitating of storage distribution, as well as advertising of
the products within Retailing Firms' channels
...
New strategies permitted local products to reach different customers in international
markets which provided local products international positioning (Sparks & Findlay,
2002)
...
The economic growth represents growing of the factors
of production, as well as the maximization competencies of states
...
Countries reached high development stages, throughout the following of different
techniques that sought for the development of human resources
...
This had been attained in order to attract the national and international
investments
...
Diffusion of illiteracy and poor health, and education, would be resulting in the
degradation of the welfare of the population
...
However, existence of social problems in country
eliminates capabilities of government of application of flawless economic growth plans
...
Government
can
achieve
economic
strength,
throughout
sustainable
development
...
Sustainable development includes deployment of resources that increases production
capacities, meet problem of probability of scarcity of resources
...
In
addition,
there
would
be
acknowledgement for the most appropriate approaches that can be duped by the Small
and Medium Enterprises for the purpose of attaining higher competitive advantages
within the market
...
These systems had been enabling the
organizations to growing their performances, as well as the enhancement of the Small
and Medium Enterprises to grow within the regional, national, and the international
sphere
...
The passionate behavior of the
Small and Medium Enterprises would be allowing the organizations to imitate the
strategies of the large and international organizations, as well as coming up with new
innovative approaches and strategies, which would be improving the projections and the
Page 5 of 14
capabilities of their companies within the organization (Howe, 2005)
...
This would be improving the infrastructure and the
system of trade and commercialization within the state
...
This would be enhancing the
capabilities of the organizations to maintain higher effect on the sales and the importing
of the organization
...
In addition the national producers will be depending on the variations of the
prudery who would be encouraged to produce more products for the national and the
international markets in other words, when the small and medium companies will be
directed toward the retailing sector, there would be very high rate of the supplier, who
would be selling the products of the producers, which would be encouraging the
producers to produce more products, as well as strengthening the bargaining power of
the producers, which would be allowing them to be holding higher rates of profits and
ensue that they would be successfully maintain a high growth pattern (Gbadamosi &
Nwankwo, 2010)
...
In
Page 6 of 14
addition, the high rate of competition among the Retailing Firms in the state would be
encouraging many of the international Retailing Firms to invade the markets, throughout
different strategies, as such as; FDI, Joint venture, and strategic alliances
...
The national success within the field of the retiling will be providing the state and
its Retailing Firms a high rate of financial leverage and ability to be positioned on the
map of the international trade (Department of Management Studies, 2013)
...
Development of retailing industry resulted from improvement of national competencies
for encouraging and influencing international transactions
...
Development of retailing strategies provides
employment chances for unemployed and has huge effect on national Economy
...
For Small and Medium Enterprises, Retailing Firms are applying approaches
for including their products in international markets, as a result of poor competencies in
the distribution of products or implementation of flawless promotional strategies (Reuber
& Fischer, 2000)
...
Enlargement of amounts of revenues will increase the GDP
of the states and offer highly qualified services to people, which will contribute in
solution of various problems that hinder implementation of effective strategies and
Page 7 of 14
activities (Pilar, Ruiz, & Suárez, 2016)
...
Retailing benefits the environment and natural
resources, though improvement of flawlessness of large Retailing Firms and
improvement of competition motivated large companies to enhance its sustainability
...
Application of sustainability resulted in offering higher economic growth
...
Development of retailing permitted organizations to work in international
markets
...
Producers and manufacturers in local
markets in developing countries exports to customers in international markets that
increase foreign currency
...
Retailing industry understood as affecting distribution of products, advertising of goods
of Small and Medium Enterprises, and making ads for entire products in stores
...
Customers held higher ability to select goods that satisfy their needs to
Page 8 of 14
motivate customers to purchase more and increase requested amounts between best
products of appropriate properties for needs of customers
...
Arab Republic of Egyptian Constraints against Small and Medium Retailing
Firms
However, there is huge potential for the enhancement of the entailing within the
SMEs for the maximization of the benefits of the state
...
One of the main constraints
relied to be based on the idea of the lack of the national financial capabilities within the
majority of the developing states for the financing and the undoing of the small and
medium companies¸ as well as the limited financial organizes and institutions, which
would be encouraged to finance this size of organizations
...
In the case of Arab Republic of Egyptian
Constraints, it can be realized that the poor political and economic limitations in Arab
Republic of Egypt had been motivating many of the investors, especially the large ones
to limited their investment, which ensue that the small and medium companies would be
less motivated to expand their investments in the new businesses, even if the startup
capitals for the businesses had been financed throughout the debts
...
The roll of the government should be focused on the revision of the managerial,
finial, and other professional services, throughout national and private banks other
specialized institutions, for the enhancement of the small and medium companies’
capabilities to gain effective strategies that would ensure their success within the
markets
...
The success of the organizations in these activities will be ensuring the sustainability of
the national income, as well as the reduction of the rate of financial burdens upon the
government
...
In add-on, the development of the Arab Republic of Egyptian culture to b fostering
innovativeness and creativity, as well an entrepreneurial behavior would be essential for
the motivation of young people in starting their small and medium companies, which
would be conducted as one of the most effective solution for the majority of the
problems that are being faced by the organizations
...
Summary
Retailing would result in improvement of economic growth and development of
entire country
...
Retailing is
acknowledged to be improving distribution of goods of companies to enter new markets,
improving international trade, enhances communication and transferability among
markets, increase cash inflows from the state’s tariffs and customs
...
Finally, retailing is contributing in spreading and diffusion of sustainable
development tactics to protect the national natural resources
...
The success of the firms in the retailing
sectors will be supporting the production wheel of the nation, which would be requiring
the support of the entire small, medium, and international firms and enterprises
...
Throughout the
support of the private, public, and international firms, there would be high ability to
develop the capabilities of the young people, who would be enhancing the financial and
commit capabilities of the states, as well as ensuing that the organizational operations
would be conducted with the highest rates of innovativeness and creativity, for the
attraction of further intentional companies and retailing firms
...
The author failed in identification of most effective
approaches
that
should
be
followed
by
governments
encouragement of retailing industries
...
(2009)
...
World Bank Publications
...
...
eg/books?id=Qqc24a2it8C&dq=Egyptian+Constraints+against+SMEs&source=gbs_navlinks_s
Department of Management Studies
...
Driving the Economy through Innovation and
Entrepreneurship: Emerging Agenda for Technology Management
...
Retrieved from
https://books
...
com
...
(2007)
...
International Monetary Fund
...
...
eg/books?id=YdRHq8M3cQoC&dq=Egyptian+Constraints+against+SM
Es&source=gbs_navlinks_s
Gallouj, F
...
Innovation in the Service Economy: The New Wealth of Nations
...
Retrieved from
https://books
...
com
...
, & Nwankwo, S
...
Entrepreneurship Marketing: Principles and Practice of SME
Marketing
...
Retrieved from
https://books
...
com
...
(2005)
...
Routledge
...
(2010)
...
IGI
Global
...
...
eg/books?id=K6u53Amm7xIC&dq=Egyptian+Constraints+against+SM
Es&source=gbs_navlinks_s
Mohamed, Halim, Musa, Razak, Atikah, & Kasim
...
Proceedings of the International Conference on
Science, Technology and Social Sciences (ICSTSS) 2012
...
Retrieved from
https://books
...
com
...
, Ruiz, M
...
(2016)
...
IGI Global
...
...
eg/books?id=m1SiDAAAQBAJ&dq=retailing+importance+to+the+econ
omy&source=gbs_navlinks_s
Page 13 of 14
Reuber, R
...
(2000)
...
Commonwealth Secretariat
...
...
eg/books?id=sGliMcf3KPcC&dq=retailing+SMEs+importance+to+the+
economy&source=gbs_navlinks_s
Sheppard, J
...
(2012)
...
Routledge
...
...
eg/books?id=87CcmSj1hOIC&dq=retailing+importance+to+the+econo
my&source=gbs_navlinks_s
Sheppard, J
...
(2012)
...
Routledge
...
...
eg/books?id=PsvDTyKuwIC&dq=retailing+importance+to+the+economy&source=gbs_navlinks_s
Sparks, L
...
(2002)
...
Taylor & Francis
...
...
eg/books?id=DwYF7yucYnUC&dq=retailing+importance+to+the+econ
omy&source=gbs_navlinks_s
Sparks, L
...
, & Baret, C
...
Flexible Working in Food Retailing: A Comparison Between
France, Germany, Great Britain and Japan
...
Retrieved from
https://books
...
com
...
(2010)
...
IDRC
...
...
eg/books?id=V0ndDd7zeYUC&dq=Egyptian+Constraints+against+SME
s&source=gbs_navlinks_s
Zhen, Y
...
Globalization and the Chinese Retailing Revolution: Competing in the World’s Largest
Emerging Market
...
Retrieved from
https://books
...
com
Title: Importance of Retailing
Description: Is retailing really necessary in a country?
Description: Is retailing really necessary in a country?