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This report will summarize Sinotec’s expansion in terms of its effect on its 2002 sales distribution in the four major markets—Asia Pacific, Europe, North America and South America.Before the expansion, in 2001, the American stores have 44 % of Sinotec’s worldwide turnover followed by Europe with 26% whereas South-America and Asian stores account for only 30% of the sales. After the expansion in 2002, it is expected that the share of the global turnover held by American stores will diminish to 33 % whose expansion is offset by the more dramatic increase in the number of stores in Asian, European and South-American markets. Asian Pacific stores will have 3% more of the sales, European stores 4 %, and South-American stores 4 %.In conclusion, the opening of more stores in maior markets outside North America will increase theft share of the global turnover of Sinotec. Along with the expansion in numbers of stores, sales will increase noticeably in these markets.
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