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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
4 / 1087 |
Essay's paper body
"Low cost leadership helps the firm above average returns in the
industry despite strong competitive forces" (Porter, 1980). Traces of cost leadership are
noticeable in the value chain. Wal-Mart saves costs by holding stocks for less than 48
hours in its inventory. Wal-Mart is known to negotiate with suppliers for the lowest cost
of the product without any frills and marketing expenses which adds to the cost later...
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Wal-Mart saves costs by holding stocks for less than 48
hours in its inventory. Wal-Mart is known to negotiate with suppliers for the lowest cost
of the product without any frills and marketing expenses which adds to the cost later.
Wal-Mart's purchase by the truckload saves costs again by bulk purchasing...
Essay fragment
General points of the essay
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