Should Marks & Spencer enter the Algerian market?

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Cross Cultural Perspectives in International Business

ANGLIA POLYTECHNIC UNIVERSITY

Semester 1, 2004/2005

Assignment for:

Cross Cultural Perspectives in International Business

(Module Code: CPH1002C, Level 3)

Should Marks & Spencer enter the Algerian market?

               

Writers:

Aurelia Rouabah (SID: 0407315/1)

Birgit Striebel (SID: 0113405/1)

Man Yi Rita Ke (SID: 0114086/2)

Sina Poeck (SID: 0409268/1)

Table of contents:

Introduction

I/ Marks & Spencer – History and Philosophy

II/The British Culture

  1. General information
  2. British Eating Culture
  3. British Business Culture/Behaviour

3-1/ British Culture in general

3-2/ Working in the UK

3-3/ Doing Business in the UK

III/The Algerian Culture

  1. Economical outlook: Algeria

1-1/The Arabic market

1-2/ North Africa and the EU

1-3/ Ongoing Economics Reforms

        2) People

                2-1/Population

                2-2/ Religion

                ► Contracts

                ► Relationship and Communication

                ► Business meeting

                ► Prayers

                ► Friday prayer

                ► Holidays

                ► Socializing

                ► Working hours

                ► Touch/ Personal/Space

                ► Eating habits

3) Clothes

►In public

►In Business

Conclusion

Recommendation

References

Bibliography

INTRODUCTION

International companies enter foreign markets generally for two reasons, either they want to increase their profits or they want to keep up with their competitors. But before stepping into a new market, the companies have to consider the foreign market, especially the foreign culture. Not until they have adopted their strategy to the country, they can be successful.      

Marks & Spencer would like to enter the Algerian market and open a shop in the capital of Algeria, in Algiers. But before carrying out this project, they have to research the Algerian culture and market. As their consultants, we compared the British with the Algerian culture to find out, if Marks & Spencer can be successful in Algeria. In the following report you can read our results and our recommendation, if they should open a shop in Algeria or not.

I/History and Philosophy of Marks & Spencer

Marks & Spencer - a very well-known shopping place in England. In 1894, Michael marks formed a partnership with Tom Spencer to run the business. 1901, a new warehouse and head office opened at Derby Street, Manchester and now they have over 370 stores located throughout the UK, In additional, the company has 150 stores worldwide, including over 130 franchise businesses operating in 28 countries.

The success of Marks & Spencer is not only because they provide good quality of product. They also provide good services, innovation and trust. In additionally, they launch the ethnical products to reach the demand of our customers who come from the multi culture.

Since 1884 until now, within 120 years, their store was ranked the top retailer and one of the top companies UK. And now their services are included, the clothes and accessories for women, men and kids; home accessories and furniture; gifts and flowers; food and wine etc…… moreover web site is also provided: . Customers can order or see their products on the internet in any time, hence to benefit to our global market.

Ethical Trading:

In Marks & Spencer, they are acting responsibly to their customers and they are trying to ensure a good working condition for everyone involved in producing, wherever in the world. They also have their own Ethical Trading Initiative ‘Base Code’ to make sure the following points happen.

  • Employment is freely chosen
  • Freedom of association and the right to collective
  • Bargaining are respected
  • Working conditions are safe and hygienic
  • Child labour shall not be used
  • Living wages are paid
  • Working hours are not excessive
  • No discrimination is practised
  • Regular employment is provided
  • No harsh or inhumane treatment is allowed
Join now!

II/The British culture

1) General information

Great Britain (England, Scotland and Wales) is in north-west Europe and is an island country.

Official Language: English

Main Religion: Christianity

Business dressing: formal suit with dark colour  

2) British Eating Culture

Eating habit:

Traditional British cuisine is substantial, yet simple and wholesome. We have long believed in four meals a day. British cuisine has always been multicultural, a pot pourri of eclectic styles. For example: there are many distinct ethnic cuisines ...

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