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Topic: |
Business
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Number of pages / Number of words: |
7 / 1950 |
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Every corporation wants to succeed and profit, but in order to do so planning has to be implemented and maintained. A major way that Wal-Mart keeps an advantage over the competition is due to two important focuses on planning: the first is retaining current customers and obtaining new ones and the second reason is bringing in enough of the right products to keep those customers coming back to shop at the stores...
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The increase in apparel was not the only decision Wal-Mart made to keep customers and increase profits, the retail powerhouse also decided to concentrate on the improvement of stores that were behind in sales instead of just building newer stores (Bowers, 2006). Improving store's quality as well as the quality and quantity of products has enabled Wal-Martâs stocks to rise (Bowers, 2006)...
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