Buy custom -Mart Stores, Inc.: Strategies for Dominance in the New Millennium
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| Topic: |
Business
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| Number of pages / Number of words: |
3 / 735 |
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It is almost impossible to duplicate what Wal-Mart has to offer. Being a global retailer means that you are exposed to political problems in the countries that you operate in.
The cost of producing products tends to have fallen because of lower manufacturing costs and these costs have fallen due to outsourcing to low-cost regions of the World...
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This has lead to price competition. Intense price competition is a threat.
Recommendations:
Wal-Mart has to nurture the primary core competence that helped their growth: fulfilling customer needs with a wide spectrum of products at "everyday low prices". This competence is defined as set of skills and organization boundaries: Wal-Mart is a leader in channel management, inventory control, distribution and customer service...
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General points of the essay
-Mart Stores, Inc.: Strategies for Dominance in the New Millennium
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