Quoc Vo GM 105 Short Assignment #1 09/09/2014 Wal-Mart Case The retail industry is dominated by few retail giants‚ with Wal-Mart competing in several retail categories. Wal-Mart competes against Kmart and Target in general merchandise retailing; against Costco in the warehouse club segment; and other Safeway in the supermarket retailing. Competition among retailers centers on pricing‚ store location‚ variations in store format and merchandise mix‚ store size‚ shopping atmosphere‚ and image
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Q2. Give arguments to support the statement that Wal-Mart has achieved very good strategic fit between its competitive and supply chain strategies. Wal-Mart Stores‚ Inc. is an American public corporation that runs a chain of large‚ discount department stores. It is the world’s largest public corporation by revenue and is founded by Sam Walton in 1962. It is the largest private employer in the world and the fourth largest utility or commercial employer. Wal-Mart works on the principle of maximization
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Wal-Mart Effect Josh Hanshaw 20th Century Innovation Dr. Bowles March 10th‚ 2012 Q1) How did Wal-Mart grow its Pharmacy business? Who did they learn from? Give specifics. In 1981 Clarence Archer was hired by Wal-Mart. He was a 48 year old previous pharmacist and current pharmacy manager at Kroger’s. His job was to take one of Walton’s secondary projects‚ Dot Discount Drugs‚ and make it a permanent fixture of Wal-Mart. When Archer joined up Wal-Mart had 300 stores‚ 16 pharmacies and space
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Strengths State-of-the-art information system gives edge to the Wal-mart to control and monitor supplier relations and inventories more competently than its competitors; it ultimately gives Wal-mart a price advantage. According to the Global 500 and Fortune’s 500 lists‚ Wal-Mart Stores sustain its top position for two consecutive years. And it makes Wal-mart one of the largest company in the world. Wal-mart is the world’s largest retailer
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ease of use and the hygiene” aspects can be considered in the statement. 2) Martha’s main target segment is the women but she should have been more specific and details. The global economy is changing and many women are working professionals‚ the house-wife segment is shrinking. The target could have been a broad category targeting people who are spinsters‚ working and house wives etc. Other target segments would be even the work places and factories. Targeting and marketing to families with
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Wal-Mart. The underlying problem or fundamental issue is the cost-based competition that Wal-Mart intensified through its obsession for cost minimization. In a way‚ Wal-Mart commenced and intensified price wars. Wal-Mart achieved sales less than its target so that it cut back prices during the holiday season and other occasions on various items including back to school products. By decreasing its price‚ Wal-Mart intended to draw more customers to make more purchases and enable the company to achieve
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management‚ membership only for SAM’S Club. c) opportunities- consumers want ease of shopping / internet shopping is growing / elderly population growing / environment conscious consumers d) threats- being number one means that you are the target of competition / being global retailer means that you are exposed to political problems in the countries that you operate in / regulation of Wal-Mart pharmacies a) Threat of new entrants- entry barriers are relatively high due to Wal-Mart
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what sleep they could before clearing houses for the rest of the night. Something about this mission wouldn’t allow anyone to get any sleep. I kept going over the steps that I had to take to lead my platoon into the village. I wanted to get to the target house as quickly as possible and get security established to allow 1st squad to flow right in and clear the
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can be seen as an efficient company in means of its supply chain management. As a start‚ Wal-Mart’s core strategy is based on its leadership in the cost domain where it tries to decrease its costs as much as possible compared to its competitors. It targets a wide range of customers by providing high volume-low cost products. Through the ability to power its cost drivers‚ Wal-Mart leads its competitors in means of cost and persistently tries as much as possible to saturate these costs in the supply chain
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Mission Statement: Level 1 Founded in 1962‚ Wal-Mart has continued to uphold its mission statement of “Save Money. Live Better.” Wal-Mart shows commitment and appreciation to its customers by valuing them through everyday low prices. Customers can trust Wal-Mart because of their low price guarantee. Building a relationship with customers is an essential part of Wal-Mart’s mission because it allows them to meet their customers’ expectations and provide superior customer service. In return of the
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