StudentShare
Contact Us
Sign In / Sign Up for FREE
Search
Go to advanced search...
Free

Wal-Mart Article - Essay Example

Comments (0) Cite this document
Summary
One of the difficulties Walmart faced were the high import rates that made it difficult for the retail to offer law prices for its goods as usual. Logistics problems because of poor infrastructure and…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER95.5% of users find it useful
Wal-Mart Article
Read TextPreview

Extract of sample "Wal-Mart Article"

Walmart’s Success The opening of Walmart in Mexico was ushered in with a number of drawbacks. One of the difficulties Walmart faced were the high import rates that made it difficult for the retail to offer law prices for its goods as usual. Logistics problems because of poor infrastructure and the culture clashes were among the problems encountered by Walmart. However, with the implementation of NAFTA, solutions to some of these problems were obtained. NAFTA reduced the tariffs on imported goods and this was a major boost to Walmart since it provided a level ground for Walmart to compete with the existing retailers.
Much of Walmart success in Mexico can be attributed to NAFTA. NAFTA solved the logistics problems that Walmart faced by improving infrastructure. This enabled Walmart to transport the goods and open up more stores across Mexico with much ease than before. The reduced import tariffs also encouraged importation of goods from other countries and this enabled Walmart to reduce the prices of their goods thereby attracting more customers. Walmart success in the region is also a result of Walmart’s high bargaining power, which enables it to obtain goods at a fair deal thus offering its customers much lower prices than other retail stores.
Walmart has been a threat to other retail stores in the region. As Walmart continues to reduce the prices of goods, other retail stores such as Comerci reduced the prices too to combat the completion. Comerci and other retail stores have also filed complain to Mexico’s federal competition commission to curb the unfair pricing. This kind of strategy can only be helpful to Comerci if price control bill is passed.
With the stiff competition from Walmart, other retailers need to come up with other new strategies to enable them remain in the market. The need for other retailers to improve on their bargaining skills is also of great importance, as it will enable the retailers reduce prices as Walmart. Opening production plants for some good may also help combat the competition Walmart brought in Mexico since this will enable the retailers obtain goods at rather reduced prices. Read More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Wal-Mart Article Essay Example | Topics and Well Written Essays - 250 words”, n.d.)
Retrieved from https://studentshare.org/management/1623268-wal-mart-article
(Wal-Mart Article Essay Example | Topics and Well Written Essays - 250 Words)
https://studentshare.org/management/1623268-wal-mart-article.
“Wal-Mart Article Essay Example | Topics and Well Written Essays - 250 Words”, n.d. https://studentshare.org/management/1623268-wal-mart-article.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Wal-Mart Article

The Most Current and Significant Business Activities and Decisions as Related to the Marketing Management Function: WalMart

...reasons why Chicago and three other destinations were picked to start up the new stores. In the words of the reporter, “Four more Walmart Express stores are planned for Chicago, along with three larger Walmart Market stores, which are more like traditional grocery stores, and two more Walmart supercenters” (Wohl, 2011). Such planning that was made for Chicago could clearly be linked to market research. Finally, there is the concept of market strategy whereby readers are told of how the company seeks to rise above the competition that already exists in the market. Course of Action in Article The Free Dictionary Online (2011) explains as course of action as “a possible plan open to an...
4 Pages(1000 words)Article

Walmart

...? Wal-Mart Number] Ever since the company was set up in 1962, Wal-Mart has strived to become one of the best in the business. Wal-Mart’s initial business strategy was based on three goals – customer service, operational excellence and respecting individuals/customers. These were the main values that the store has built up, over the past 4 decades. Wal-Mart’s strategy today is to provide high quality and branded products at the lowest price possible. The company makes this possible by eliminating the need of middlemen, thus reducing logistic costs. Wal-Mart purchases directly from the manufacturer. This coupled with the effective use of technology and warehousing strategies, Wal-Mart is able to provide its customers with quality... Wal-Mart...
3 Pages(750 words)Article

HR Current Event (workplace discrimination)

...against Wal-Mart on the grounds of workplace discrimination, the issue concerning sex-discrimination was found to be quite long stranded in the organizational operations, as per media reports. For instance, according to Shapiro in “Walmart Faces Long Battle on Sex Discrimination, Despite Supreme Court Ruling”, Wal-Mart has the largest number of cases registered against it on the grounds of gender biasness in the workplace. Hines in “Walmart Sex Discrimination Claims Filed by 2,000 Women” also provides clear information about the rising cases of employee discrimination in the workplace of Wal-Mart with adequate evidences to justify the claims. The report thus reveals that there have been more than 48...
3 Pages(750 words)Article

Impact Of Issuing Debt On Shareholders

...A. IMPACT OF ISSUING DEBT ON SHAREHOLDERS The directors hold different views of the impact of issuing debt on the firm’s shareholders. Some had heard about “homemade leverage” and would not be convinced. This is Modigliani and Miller (1958)’s famous MM proposition I, which states that capital structure decision is irrelevant, i.e., the value of the levered firm is equal to the value of the unlevered firm. Otherwise, investors can invest in the firm with the lower value by creating “homemade leverage”. However, the directors should be aware that this proposition was developed with a number of assumptions, some of which are unrealistic in the real world. As some of the directors felt, the tax shelter offered by debt is never considered... IMPACT OF...
18 Pages(4500 words)Essay

Happiness 2

10 Pages(2500 words)Essay

Literature assignment about change management and flexibility

...technological changes can bring great changes in the operations of businesses (Hayes 2010:72). Tapping technological innovation and to optimize the advantages from social media is significant for an organization to respond to change. For instance, Walmart employs social media to understand its customers’ preferences, to comprehend what they want and trying to know of what trends are. Walmart is engaged in tracking the shoppers’ spending pattern to redesign its customer focus and to enhance their performance by understanding the depth of their customer knowledge. To maintain its competitiveness, Walmart is responding to change that is happening else it would go out of business (Dawson &...
9 Pages(2250 words)Article

Walmart lawsuite versus TABC

... Wal-Mart lawsuit versus TABC The Wal-Mart stores are fighting to be able to sell liquor in Texas stores. The bars that are in Austin are one of the very few places that allowed selling liquor in Texas. Wal-Mart stores have filed a federal lawsuit against the licensing board Texas Alcoholic Beverage Commission. Now, people in Texas can go into 546 Wal-Mart and Sam’s Club outlets to buy beer and wine, but cannot purchase hard liquor (Kieler 1). There is a long-standing law in Texas that forbids the sale of hard liquor in Wal-Mart. In their federal lawsuit, Wal-Mart in their argument state that the law violates the Equal Protection, the Commerce Clause and Comity Clause of the United States Constitution. They want the violation... Wal-Mart...
2 Pages(500 words)Article

New technology in the workforce

...in differentiating themselves from other businesses and will help in gaining customer confidence and loyalty. Furthermore, this will allow businesses to meet the needs of different customers at the same time which they fail to do in the present day business operations. Article 3 The article titled as “How Walmart Could Solve Its Inventory Problem And Improve Earnings” has been authored by Paula Rossenblum and in this article the author focuses on how Walmart can solve its various supply chain related problems by implementing RFID technology (Rosenblum, 2014). The author states that Walmart has previously tried to incorporate the RFID technology in its supply chain management but has...
4 Pages(1000 words)Article

Social Economic Development and the Human Resources Management

...management strategies. Firms are using corporate social responsibilities in order to increase the welfare of human resources. Knowledge development, training, educational system developments are the major part of the CSR. Infrastructural development and technological up gradation are crucial part of the social development (Reinert, 2004). It helps the firms in increasing the productivity and employees engagement. Appraisal, effective compensation, value added provisions, and environmental sustainable strategies are crucial responsibilities of HR managers of the globalised firms like Ford, Microsoft, Nike, Puma, Walmart, Tesco and Adidas (Abdelgalil & Cohen, 2007). It has been observed that majority of developed...
7 Pages(1750 words)Article

Why Human Resource Is Dead

...for several years already but now that the conversation around the future of work has taken center stage, I’ve seen this transition accelerate dramatically. It might sound superficial, after all, simply calling the same function something else doesn’t mean anything will change. However, the way we refer to something and how we speak about something really does make a difference. Consider Cisco’s recent change of their Chief Human Resources Officer Francine Katsoudas to Chief People Officer. Many other examples of this change exist at companies all over the world, here are a few: Laszlo Bock is SVP of People Operations at Google, Susan Chambers is EVP of the Global People Division at Walmart, Pat Wadors is the SVP of the...
2 Pages(500 words)Article
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Wal-Mart Article for FREE!

Contact Us