effort of many hearts‚ hands and brains. First of all I would like to thank God who showered his blessing in every step of this profile and has given me this opportunity to conduct this industrial profiling. I am immensely grateful to Vishal mega mart Jalandhar-II for providing me this opportunity for bringing out my talent. Now my grateful thanks to my Mentor and Course Co-ordinator Mr. Manish Rajput who helped me a lot and guided me in every step related to this project. I also want to thank
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Introduction Since its establishment in 1962‚ Wal-Mart has grown to be one of the biggest conglomerates in the world. Inevitably‚ with the expansion of the company‚ the weight and number of social and ethical issues facing the company has increased. The key issues discussed in this particular case are: Wal-Mart’s and America community Small merchants and the community’s environment Barriers to domestic expansion Wal-Mart and its Opponents Wal-Mart’s Corporate Social Responsibility (CSR)
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Wal-Mart’s Foreign Expansion 1. Do you think Wal-Mart could translate its merchandising strategy wholesale to another country and succeed? If not‚ why not? Wal-Mart cannot translate its merchandising strategy wholesale to just any country. It has to be willing to adapt its strategy to the local culture and the local buying patterns‚ etc. For example‚ where Wal-Mart was successful (China and Mexico)‚ it adapted to meet the needs of the local shopper. In Mexico‚ Wal-Mart hired local managers
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company‚ Wal-Mart‚ Inc.‚ the German market was proving difficult to crack. By 2003‚ even after five years of having entered Germany‚ Wal-Mart was making losses of millions of dollars over the five-year period. When attempting to expand a business overseas there are several important areas that must be taken into account in order to give the business a fighting chance. Possibly the most important issue is to avoid ethnocentrism which is the "belief that one culture is superior to others". Wal-Mart failed
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Wal-Mart was able to succeed a respectable leadership in the retail industry because of its focus on the supply chain management‚ which is the active management of activities that will increase customer value and will gain a supportable competitive advantage‚ it focuses on the effort of the firm to create and produce a chain that is effective and efficient. The activities that the supply chain creates focuses on the product such as the development‚ tracking‚ production and the logistics ("What Is
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Wal-Mart‚ first opened in 1962 by Sam Walton in Rogers‚Arkansas‚ has become the largest retailer in the world‚ with almost 10000 store locations and approximately 2 million employees worldwide. Despite the death of Sam Walton in 1992‚ Wal-Mart continues to be successful‚ reaching record annual sales of $437 billion in 2012. Each week‚ over 100 million customers visit a Wal-Mart store. Wal-Mart Stores have stood at #1 position on Fortune ’s 500 and Global 500 lists for the year 2012 as CNN reports
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600 Abstract Wal-Mart’s well written vision/statement‚ strategies‚ and overall responsibilities that describe what the organization is all about and the overall success of Wal-Mart are all reasons as to why this organization is the number one retailer in the world. Wal-Mart opened its first store in 1962 in Rogers‚ Arkansas by Sam Walton. Wal-Mart is the largest retail corporation in the world. This organization runs large discount department stores and warehouses. Wal-Mart has gone from
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When I read the "Blue Ocean Strategy"‚ I think the Blue Ocean represents the unknown market space does not yet exist. Blue Ocean is characterized by new market boundaries‚ new demands‚ unpredictable high profit growth‚ without forming competition rules. Now be market conditions‚ market competition requires companies to implement the Blue Ocean strategy. market is in motion‚ the development of new industries and markets are always constantly developed‚ and today the number and type of industry and
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A Project report ON VISHAL MEGA MART AT KANPUR SUBMITTED TO SUBMITTED BY MR. MUNISH PARAMAR SUMIT KUMAR YADAV IAER’S PUNE INSTITUTE OF BUSINESS MANAGEMNET (APROVED BY AICTE MINISTRY OF HRD‚ GOVT.OF INDIA) PUNE 2013-2015 Declaration I Sumit Kumar Yadav hereby declare that this report is the record of authentic work carried out by me during the period from 24th December 2013 to 13th January 2014 and has not been submitted earlier to any university or institute
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Part one: Supermarket retail industry introduction Effective strategy is developed first by identifying and understanding the implications of the changing events in the business environment. Many of the events occurring currently have a wide international impact‚ and they may be seen to be influencing the results and responses of large supermarket retailers. The changes‚ or issues‚ that we see as important from a strategic planning perspective are:  The growth of global companies 
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