In: Economics
M1.
Please provide a statistic charts for 7-Eleven Company sales, franchises, and SWOT analysis
M1.
Introduction- It is a large chain of franchised stores spread across 15 countries. It comes under top 5 beat franchised companies worldwide. It was establised in 1946 with tge working hours from 7am to 11pm. With its growing demand it is now open 24/7.
*Global sale of 7 eleven is $82,500,000,000
*Us units-8770
*Percent franchised-96%
*US franchised units- 7,008
*Total international franchise- 5,222
*Total sale growth-1.2%
* % International units-86%
*International Unit-53, 035
- The statistical graph is shown below to show the changes in the sale of the company from 2012- 2016.
b. The statiscal chart shows the number of franchise stores of 7 eleven worldwide as per the data of 2015. Some interesting fact is that they had 477 stores at that time in Singapore. The SWOT analysis is conducted so that we may work in the best way possible regarding of our strength and weakness.
STRENGTH-
1. Overall bank equity
2. Maintaining quality of products.
3. Convient location.
4. Meeting the demand of the consumer .
WEAKNESS-
1. High franchise means more trained staffs required.
2. High rental costs.
OPPORTUNITIES -
1. Tie ups with top branded companies.
2. Variety of products with maintained quality.
3. Continue in market expansion and development.
THREAT
1. Supermarket providing service of 24/7. It may sometimes be risky.
2. Security.
3. Online deliveries may also be risky.