This puts incredible pressure on the top executives at Wal-Mart to push for continuously rapid growth rate in order to preserve the market value of the company.
Wal-Mart's core business is of discounting general merchandise and food in the US but a glance at the US sales in Exhibit 1 shows stagnant sales of traditional discount stores in the 90s and declining number of stores... displayed 300 characters
Custom written essay
All essays are written from scratch by professional writers according to your instructions and delivered to your email on time. Prices start from $10.99/page
Your research paper is written by certified writers
Your requirements and targets are always met
You are able to control the progress of your writing assignment
You get a chance to become an excellent student!
Get a price guote
Industry expectations are at about 10% rate over the next ten years, which is not enough to sustain aggressive growth.
Wal-Mart needs new venues to grow or as CEO Lee Scott put it: "Our long-term strategy is to be where we're not".
In the 80s the core business was largely driven by innovations that created operational efficiencies, such as UPS scanning and point-of-sale systems... displayed 300 characters
