MGT 488 Week 1 Walmart - 16173

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Price: $12.00
  • From: Finance,
  • Posted on: Tue 02 Apr, 2013
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MGT 488 Week 1 Walmart

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Wal-Mart the largest employer in the US and the company is from one of the few places in which man or women can get employed without a college education in a decent job. Wal-Mart also has the second largest sales in the world. This large number of sales is due to the aggressive growing strategy of the corporation .They added 425 stores in 2003 all over the world. The increase in the customers rapidly urged the company to open 4000 more stores. They added 48 million square feet of retail space. You can also assume the reason for their large number of sales is that they have stores all over the world. They are having 1,350 discount stores with the growing numbers in future. One of Wal-Mart’s competitive advantages is their marvelous logistics system. They are able to ship merchandise from any of their distribution centers. Even they have their own distribution center for their online orders. In general technology is an unbelievable strength that to improve their company Wal-Mart is also able to invest. The web site has increased the number of sales. Even though Wal-Mart has been criticized for their low wages, they are actually doing a lot of good for lower income people. They can save a family about $1,000 a year with their low prices (“Wal-Mart Storm” 3). Wal-Mart can leave many competitors behind. They can reduce prices on certain products, such as toys, by thirty percent in order to gain more sales. Wal-Mart has even been able to serve higher income customers when they open store in more urb