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social.studies@tjc


Monday, April 30, 2007



Oh Thank Heaven for 7-Eleven
Do you know what does this icon stand for? Yes, it is 7-Elven! We really need to give our thanks to globalisation while we are buying our food in a 7-Eleven store.
7-Eleven is an international conglomerate which operates the largest chain of convenience stores in the world. It has become more and more popular among all of us these days. Their orange, red, green and trademarks night in the city of flashing signs, it has become a social phenomenon. They benefit our country’s economy and our lives to a large extent.
The company was founded in Oak Cliff, Texas, USA, in 1927, and started to use the 7-Eleven name in 1946. Due to the effect of globalisation, 7-eleven has already had a network of 31,625 convenience stores all around the world.
7-eleven has created a lot of jobs all over the world which helps to solve serve unemployment problems in the society. 7-Eleven has over 31,500 employees in 2004. The requirement for a job in 7-eleven stores is not high. Thus, people who are not high educated can apply for the job.
7-Eleven quickly expand their stores around the world recent years. There is a market for 7-eleven in over twenty countries, for example, Australia, Canada, China, Japan, Singapore and so on. Globalisation creates a larger market for 7-Eleven to develop other than just develop in a small and limited market in one country. Therefore, 7-Eleven will have a greater earning potential while it can develop more stores all around the world.
On November 9th, 2006, 7-Eleven signed to be the major sponsor of Dallas Mavericks for next three seasons. Globalisation allows greater and better chances of cooperating with international companies. Thus, globalisation can also help to improve the relationships between countries.
In conclusion, I as an economic expert, I recommend globalisation to all countries as it has already brought us so many benefits.

posted by Zhang Lin


ended entry at
12:01 PM


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