¡@¡@The retailing industry has prospered in the last decade in Asia. For example, empirical evidence to date suggests that between 1997 and 2002 the number of stores for the top 30 international grocery retailers in Asia grew by 51 per cent. The market size of Asian retailing industry increased by 30 per cent from 2001 to 2006 and another 10 per cent growth is expected before the year end of 2010. The above statistical evidence is an indication that retailing industry in Asia is expanding rapidly and that it has become an important industry to reckon.
¡@¡@The above realization has necessitated the crafting of this proposal with the intention to hold ¡§The 2008 Competition and Workshop of Pan-Asian Retailing Simulation Game¡¨. Such a retailing simulation game competition is expected to enhance Asian students' understanding of the industry and motivate them to take up the challenge to exploit the windows of opportunity available in the Asian retailing industry. Furthermore, by participating in the competition, Asian students will gain practical experience as they are exposed to the realities of what goes on in the retail industry. In addition, the competition will afford students from all over Asia an opportunity for international exposure, interaction, as well as stimulating them to develop social and future business networks. In a nutshell, the practical application of theory learnt by Asian students in this Pan-Asian Retailing Simulation Game will make the competition intriguing and hence benefiting the participants tremendously. |
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