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| Topic: |
History
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| Number of pages / Number of words: |
6 / 1583 |
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"It has to do with our desire to exceed customers expectations every hour of every day." This philosophy was widely recognized as Fortune magazine recently ranked Walmart second as the Most Admired Company in the World. Forbes magazine named Walmart in 1989 Retailer of the Decade. Walmart policy of deep discounting, brand recognition and continued expansion makes Walmart a strength to be reckoned with...
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Walmart policy of deep discounting, brand recognition and continued expansion makes Walmart a strength to be reckoned with. The management strategy combined with customer loyalty,employee support,technology,and suppliers assures Walmart place on top.
Deep discounting is a great asset to Walmart. Sam Walton believed that deep discounting and lowering the markup would result in profit increased by volume of sales...
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