Wal-Mart

Essay specific features

 

Issue:

Business

 

Written by:

David R

 

Date added:

May 30, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

9 / 2343

 

Was viewed:

8171 times

 

Rating of current essay:

 
Essay content:

If we offered prices as good or better than stores in cities that were four hours by car, people could shop at home." This key strategic choice of location was completely different from what competitors had done and gave WalMart a first mover advantage in markets that had not previously been served by discount retailers...
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A second key strategic feature is WalMart's inventory management strategy. From the onset, WalMart has been a leader in implementing new and cost effective methods to manage inventory. Merchandise is tailored to local market demand via "traiting" where a product's movements are indexed over a thousand store and market traits...
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