WAL-MART VS K-MART: A COMPARISON OF TWO BUSINESS STRATEGIES By Jason Ramirez Management & Strategy Wal-Mart and K-Mart are two of the largest and most successful retail outlets in the country. Both retailers have been around for fifty years and made their success out of low cost retailing. In 1990 Wal-Mart surpassed K-Mart as the largest retail outlet in the country. In this paper I will discuss the strategies being used by both firms‚ the success/failures of these strategies and
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Derek Moore 9/13/12 GEB3356‚ Omanwa Minicase: “The globalization of Walmart” As the world’s largest retail store in the world‚ Walmart wants to be in every market that they can be prosperous in. They know they rule the United States market‚ so why not try to expand overseas and dominate those markets as well. Now that they have reached limits on expansion here in the U.S.‚ the next step was to test the water in other nations. As they began to go international‚ there were many critics saying they
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structure‚ Wal-Mart Stores Inc. appears to have an oligopoly market structure. Nevertheless‚ because there are far too many retailers to deal with‚ then they also have a monopolistic competition market structure. Regardless‚ Wal-Mart would rather have it this way because it has not hurt them at all by having competition. When Wal-Mart Stores Inc. opened its doors to their first discount store in 1962‚ Sam Walton had no idea his business would take off like it has to this day. The reason for Wal-Mart’s
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Wal-Mart’s exponential buying power is forcing smaller‚ local rivals out of business and is driving factories out of America. This results in job loss and the destruction of established business communities stunting the economic development of the retail sector. According to Smith’s “Inquiry into the Nature and Causes of the Wealth of the Nations” (1776)‚ free competition is the only regulator that allows the individual’s pursuit of self interest to be directed towards the total benefit of society
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Alfie(ZHEN) Zhang Wal-Mart Case study Background Sustainability standards for supplier Wal-Mart disclosed its sustainability standard to all Wal-Mart suppliers in the world in 2008. It requires Wal-Mart Supplier take more environmental and social responsibilities. To do so‚ in order to maintain its competitive quality image of Wal-Mart products. With growth slows down in U.S‚ Wal-Mart focus on expansion in the world‚ especially in China. Executive Summery Wal-Mart Company Strategy “Save
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history of Wal-Mart and it will glance at the management style and Ethics of Wal-Mart towards it internal and external customers. Wal-Mart Ethical and Management Style Wal-Mart is not only the largest retail company but it is the largest company in the world. It is bigger than Home Depot‚ Target‚ Costco‚ Kroger‚ Sears and Kmart combined. The only competitor that might be considered to be Wal-Mart biggest and closest rival is Target‚ but it is still small in comparison. Wal-Mart succeeded
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Strategic Management Assignment 8 1. Do Wal Mart and K Mart exploit any merger and acquisition in recent 5-10 years? Merger &Acquisition | Wal Mart | K Mart | Acquisition | -Bempreco: This company has been acquiesced by Wal mart. Bempreco is a retail chain in northeastern Brazil with 118 units (hypermarkets‚ supermarkets and mini markets). The acquisition gives Wal-Mart Brazil its first stores in the Northeast market. -Seiyu GK: is a Japanese group of supermarkets‚ shopping centers
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Wal-Mart: Good or Bad? The largest corporation in America with $378‚799 million in revenues and employing 2‚055‚000 employees‚ Wal-Mart has become one of the greatest success stories in American history‚ but also one of the most controversial stories since Standard Oil (Fortune). But with all big business comes critics. Today’s critics suggest Wal-Mart unfairly uses it power of size‚ which is goliath‚ to exploit employees and impoverish nations‚ ruin competition‚ and place undue pressure on the
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Executive Summary The following case will analyze the Wal-Mart China’s Sustainability efforts. Wal-Mart China is in the begging stages of becoming sustainable‚ in an ecological sense‚ and faces some key issues. First the case will provide background information on Wal-Mart Global and Wal-Mart China to ensure the reader is aware of the circumstances. Then the case will analyze Wal-Mart China based on the 4Rs‚ recycling‚ resource‚ regulations‚ and reputation‚ described in Operations Management by
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“Outsourcing‚ China and Wal-Mart” Wal-Mart‚ an American corporation boasting “Everyday Low Prices” has expanded and outsourced to include the employment of foreign labor and suppliers to meet their corporation’s demands. In doing this‚ there are several benefits to utilizing cheap Chinese labor. By using Chinese factory labor‚ the Wal-Mart Corporation is able to provide goods at low prices‚ increasing their appeal to the consumer. Also‚ by using cheap labor in other countries‚ Wal-Mart expands their corporation
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