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| Topic: |
Business
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| Number of pages / Number of words: |
12 / 3338 |
Essay's paper body
Wal-Mart has consistently outperformed itself every year since 2001, after experiencing an 8.6% growth from 2007 to 2008, as well as becoming the largest retailer in Canada and Mexico, Wal-Mart is position to continue their market dominance in the future (Anonymous 2008).
The strategy employed by Wal-Mart to become the largest retailer in the world was one of bringing low prices to consumers in rural areas...
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They took advantage of new technologies to increase efficiency and control costs. Wal-Mart was an early adopter of using retail scanners at checkout points to immediately track and record items as they sold, keeping shelves stocked at lower prices for the consumer. Their growth coupled with the right timing lead to an expansion that created an inventory control system and state of the art facilities...
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