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

A WalMart Monopoly - Case Study Example

Comments (0) Cite this document
Summary
Wal-Mart is one of the biggest corporations in the world, with more than 5000 stores worldwide. The group is the largest employer in the United States. Wal-Mart is also synonymous with lower prices. The chain has been constantly studied for its impact on the local economies…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.2% of users find it useful
A WalMart Monopoly
Read TextPreview

Extract of sample "A WalMart Monopoly"

Download file to see previous pages Growth accelerated by takeovers and buyouts of other retail chains also fuel the power of the corporation to grow bigger. The study analyses three articles on Wal-Mart to assess their role in various economic scenarios.
The author contends that a rural community where Wal-Mart has entered has had adverse effects. Wal-Mart is another stage in a long process where the retailers business has shifted from the local stores. Sears catalog was one, increased prevalence of the automobile giving access to local towns was another. The shopping malls changed the way America shopped. In the 1960s discount supermarkets made their entry, including among them Wal-Mart. Wal-Mart's strategy was to open a large store in a small town, within easy distance of its distribution centers. It took them 30 years to go national. The author has studied Wal-Mart and its impact extensively to devise strategies for his clients, Iowa retailers. The study has spanned 34 towns in Iowa, all of which has had a Wal-Mart store for at least 10 years. General merchandise stores in towns with no Wal-Mart suffered immediately when Wal-Mart opened. It is generally believed that people in towns with no Wal-Mart traveled out to towns that did. The effect has also been seen on eating and drinking places, which had been more frequented in Wal-Mart towns. Home furnishing sales in non Wal-Mart towns declined. The study has also unearthed that stores carrying similar lines as merchandise stocked in Wal-Mart, probably loses sales. Apparel sales in other stores fell by around 28% in the year in which Wal-Mart opened in a town. Retailers in Smaller towns with less than 5000 population lost most when a Wal-Mart opened. Vermont state officials had tried to keep Wal-Mart away to protect its small traders, but found that the entire sales shifted to New Hampshire and New York where Wal-Mart opened. The author concludes that loss of retail trade for small stores has accelerated in the past two decades. The author then proceeds to suggest a few ways in which retailers can coexist with Wal-Mart. They include stocking merchandise lines, which Wal-Mart does not handle, handle complementary merchandise, go for upscale merchandise etc. A better customer profiling, extended working hours, no hassle return policy etc, special order capability which large discount supermarkets don't possess etc are essential.
Summary of Article # 2
Author: Hallsworth, Alan and Evers, David
Topic: The steady advance of Wal Mart across Europe and changing government attitudes towards planning and competition.
Source: Environment and Planning C: Government and Policy 2002, Volume 20, pages 297-309
Date 2002
The authors focus on retail internationalization and the ability of EU states and their regulatory mechanism to handle the same. Since 1994, the Wal-Mart format has been creating a systemic change in the retail environments of a number of countries. Planning regulations in many countries are at odds with other policy developers who look forward to encourage competition in order to develop national competitiveness. Netherlands had a tight policy against big box development, but consequent policy decisions could make the market a ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“A WalMart Monopoly Case Study Example | Topics and Well Written Essays - 2000 words”, n.d.)
A WalMart Monopoly Case Study Example | Topics and Well Written Essays - 2000 words. Retrieved from https://studentshare.org/miscellaneous/1534103-a-walmart-monopoly
(A WalMart Monopoly Case Study Example | Topics and Well Written Essays - 2000 Words)
A WalMart Monopoly Case Study Example | Topics and Well Written Essays - 2000 Words. https://studentshare.org/miscellaneous/1534103-a-walmart-monopoly.
“A WalMart Monopoly Case Study Example | Topics and Well Written Essays - 2000 Words”, n.d. https://studentshare.org/miscellaneous/1534103-a-walmart-monopoly.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF A WalMart Monopoly

Walmart

...? Management at Walmart December 14, Table of Contents: 3 Introduction 4 Role of innovation in sustaining business success and growth 4-5 Role of employee empowerment in fostering a positive workplace environment 5-6 Importance of analyzing effects of management practices on the workforce 6-7 Role of open communication to improve organizational commitment 7 Importance of training employees and developing their talents 8 Importance of sharing growth plans and management strategies 8-9 Comparison with other large retail stores- Why Walmart is better? 9-10 Conclusion 11 Works cited 12-13 Abstract This research paper aims at reviewing the literature to contemplate the leadership and management strategies of Walmart as it is consistently ranked...
10 Pages(2500 words)Research Paper

Walmart

...? 25th November Walmart Company overview Walmart Stores is a US based retail company that deals with various products in the local and international market. Being the largest retail shop in the world, Walmart has acquired a competitive edge in the market based on its quality brands that are not only demanded in the US market but also in the foreign countries. Having being established in 1962 by Sam Walton, the company has more that 8,500 stores located in 55 countries. Based on its large customer bases and wide market segment, the firm has maintained a large number of employees who stands at approximately 2 million. Walmart headquarters are based in Arkansas, US. Under the leadership of Robson Walton and Mike Duke, the chairman...
8 Pages(2000 words)Research Paper

Monopoly

...? Monopoly Table of Contents Table of Contents 2 Introduction 3 Body 3 Characteristics of Monopoly 3 Merits of monopoly 4 Demerits of Monopoly 6 Conclusion 8 References 9 Introduction Monopoly is the Greek term meaning alone or single. This term exists when a specific enterprise is the only sole provider of a particular commodity. In a market setting, monopolies a thus characterized by a lack of economic competition (McKenzie& Lee, 2008). This is when, in a company’s production of goods and services, they face little if any viable substitute goods. A monopoly is a single seller in an economic setting whereby the company rises to gain monopoly with accruing the power to exclude competitors or raise prices of their commodities hence the term...
8 Pages(2000 words)Term Paper

Monopoly

... Monopoly In the economic context, there are different types of interaction. Monopoly is included in the types of interaction occurring in the local and global market. It is the corresponding scenario wherein a certain industry or market has a single or sole participant defined as the seller or the provider of the product or service. Monopoly can be considered as one of the goals of a company due to the fact that it can be equated to control in the market. There are different prerequisites that can determine monopoly in a particular market. One is the presence of a single producer in the said market. Another is the absence of any other company with products or services that can be compared to that offered by the monopolist...
7 Pages(1750 words)Essay

Walmart

...Hard Rock Café Table of Contents 10 Decisions of Operations Management for Hard Rock Café 3 The Productivity of the Kitchen Staff and Wait Staff at Hard Rock Café 5 References 6 10 Decisions of Operations Management for Hard Rock Café Hard Rock Café is a globally renowned brand. It has been successful due to its efficient and effective management strategies (Hard Rock Cafe International Inc, 2011). They have been efficient enough in menu engineering through which they have developed varieties of products. Though the products differ in other parts of the world, the level of service is same all over the world. There are different levels of training program that assists the management to serve best quality service. For this purpose...
2 Pages(500 words)Essay

Monopoly

...Economists group industries into four distinct market structures (pure competition, pure monopoly, monopolistic competition and oligopoly) to understand how price and output are determined and to assess the efficiency or inefficiency in the many product markets in the economy (McConnell and Brue, p.179). This paper will present and examine the case of De Beers Diamond Jewellers as a monopoly in the diamond industry. For centuries, India and Brazil were the only producers of diamond and up to the mid-1800 the world supply of diamonds was so scarce that even monarchs and noblemen found it hard to hold them. It was unthinkable to make diamonds available to the general public. However, supply increased rapidly in 1867 when diamonds were...
4 Pages(1000 words)Essay

Walmart

... Case for management at Wal-Mart Introduction Wal-Mart is a regional retail cooperation that has recently developed to become one of the largest companies in sales, in the United States. Sam Walton created Wal-Mart in 1962. Even though it displayed a successful record in its development over the years, it has experienced various hurdles that proved a difficulty for its maturity to a stable state (Wal-Mart Stores 17). This can be shown by some other discount retailing firms that together with Wal-Mart started within that same period. For example, the Kmart which was started by the Kresge corporation, Target started by Dayton Hudson and the Wool co initiated by F.W Woolworth. With the domestic location of its stores, Wal-Mart growth...
2 Pages(500 words)Case Study

Walmart

...Wal-Mart: Porter’s five Forces Threats of Substitute Products or Services Substitutes of products and services in the porter’s model refer to those that are offered by the counterparts in the same industry (Porter, 1980). In fact, a threat can exist when these substitutes influences the demand of a company products leading to a change in prices for the substitutes product. Therefore, this can contribute to effects such as reduced profit margins due to adjustment of prices to cope with the competition. In this case, the substitute products and services influences the price elasticity of other products in the market, whereby there are those that are readily available; thus, increasing the elasticity of demand given that customers... Porter’s...
2 Pages(500 words)Term Paper

Walmart

...Wal-Mart Affiliation a) Wal-Mart outlets in China would use spot markets in the foreign exchange in various ways. The spotmarket could be used in the immediate physical delivery of specified commodity or it could be concerned with a forward market. In the case of a forward market, the delivery of Wal-Mart’s specified commodities would be made at a later date. Forward transactions would consist of contracts for exchanging the Chinese Yuan for the US Dollar at the specified future date (Mehrling, 2005). b) Wal-Mart might utilize the international money market when it is establishing other Wal-Mart stores in Asia through various ways. First, Wal-Mart would connect to the values international money market and foreign exchange... Affiliation a)...
1 Pages(250 words)Essay

Walmart

...WALMART al Affiliation) Business level strategy used in Walmart Walmart uses low-cost strategy in its operations as it is mainly concerned with offering consumers value for their money and through the activities, they focus on managerial energy and attention on doing every possibility to lower the cost of the organization. The strategies that Walmart have used in lowering the cost and offering value for consumers are through activities such as putting pressure on workers to work overtime without compensating them. The work increases the goods that are supplied to consumers to meet their demand but there is reduction in the cost of production as overtime is not compensated (Roberts & Berg, 2012). The business also pays the immigrant workers...
2 Pages(500 words)Assignment

What Are The Main Causes that Lead to Monopoly

...The inhabitants of the planet live in a world in which market structures determine the behavior of the economic activity of society. There are four market structures: perfect competition, monopolistic behavior, oligopoly, and monopoly. A monopoly is a market structure in which one firm makes up the entire market (Colander, 2004, p.264). If one firm controls the marketplace it means competition is non existent. In such a market structure the firm has control over the output produced or the price point of the product or service being rendered. The most common industry in which monopoly takes place is in the public utility industry. This paper analyzes monopoly by emphasizing in the factors that lead to manifestation of monopoly...
7 Pages(1750 words)Assignment

Debate on Unionization of the Walmart

It was the real beginning of the success story. He was successful in running the store. When the period of the agreement expired he started a new franchisee in Arkansas and he named the store as “Waltons Five and Dime”. There he applied the technique of selling more by reducing the price of the products which resulted in revenue increase. In the year 1962 Walton opened the first-ever Walmart store in Arkansas. Walmart stores were also called as Walmart discount Stores. In five years he opened other 23 Walmart stores in Arkansas. In 1968 Walton opened Walmart stores in other places in America like Sikeston, Claremore Oklahoma, and Missouri. Walmart got incorporated in the year 1969 and after a couple of years, it regist...
7 Pages(1750 words)Case Study

Imperfect Markets - Oligopoly and Monopoly

...3 Short Essays Submitted By: XXXX Number: XXXX XXXX of XXXX Number of words: (2225 Excluding Bibliography) Question 1: The majority of markets fall under the realm of imperfect competition, namely monopolistic, oligopoly and monopoly. Compare any two of them by referring to their assumptions, market conditions and strategies and give a few examples. Answer: (584 words) Oligopoly: Oligopoly is a market structure where the market consists of a few firms. This is mainly to allow for the barriers to be erected and so that there is a barrier for entry of new firms and competition. The various products that are provided by firms in this type of markets are either differentiated or undifferentiated. There are two major factors...
9 Pages(2250 words)Assignment

Types and Drawbacks of Monopoly

... Microeconomics-Monopoly Introduction Monopoly is a hot debated topic in microeconomics because of the wide impacts it can contribute to the economy of a country. It is a condition in which only a single firm controls the entire market without having much competitions for their goods or services. Monopoly may be a ploy usually big organizations are utilizing in order to reduce competition from small firms. In monopolistic markets, it is difficult for small firms to survive because of the immense financial capabilities and other resources of the firm which controls the market. The big organizations may have always huge financial resources which they will utilize to destroy the small firms. The main advantage of a monopolistic firm...
6 Pages(1500 words)Term Paper

Microsoft Monopoly

...Word Count excluding Bibliography: 2136 Topic: Does Microsoft have monopoly power in the market(s) for personal computer operating system? If yes, did Microsoft maintain this power by using anticompetitive practices? Introduction The name Microsoft was probably coined from microcomputer software and refers to a worldwide corporation that primarily started as a personal computer (PC) software development corporation for IBM-and-compatible microcomputers (Meese, 1999). Published information further indicates that the corporation was incepted sometime in 1975 before incorporation in 1981. It is at this time when the integrated company developed “a command user interface (CUI) operating system (OS) called Disk Operating System (DOS...
8 Pages(2000 words)Term Paper

The Impact of Customers Tastes Changing on WALMART

...1. How are s’ tastes changing in the retailers industry? What impact do these changes have on WALMART? s’ tastes are changing from time to time not only in retail industry but also in almost every industry. So, a business should be aware of the ever changing consumer tastes and behaviors to be successful in the long run. Consumers have been demanding more varieties and convenience in recent years and the retailers have to present more brands and ready-to-eat products in food retailer industry. (Kinsey) Changing demographic data such as growing population, ethnic diversity, income, percentage of single parents and percentage of people living in metropolitan triggers four prospects—more food for growing population, more easy-to-prepare foods...
12 Pages(3000 words)Assignment

The Aspects of Monopoly

On the other hand, pure competition is characterized by a large number of small competitors. The small competitors normally have no market control thus it only acts as an ideal market structure that sets standards for good results in the future.
A firm that is under pure competition may sell as much as it wishes with the current market price as long as it can produce at its original cost. However, the firm may achieve monopoly status due to economies of scale, government decree and resource ownership (Tucker 228).
The emergence of a monopolistic firm is normally influenced by economies of scale and decreased average cost. When a firm finds itself in a monopoly position, its average cost has to reduce overtime thus sellin...
7 Pages(1750 words)Term Paper

Walmart Expansion to Ukiah, California

... Walmart Expansion – Ukiah, California Introduction The project addresses Walmart store which is currently located on the northeast of airport Park Boulevard and the commerce drive in Airport Industrial Park. This project focuses on the expansion and modification of this business venture. Moreover, it seeks to expand its outdoor space in the within the Airport Industrial Park. The current Walmart store was allowed to be operational or rather approved and awarded a development permit by the city of Ukiah’s authorities. Its current site covers 13.44 acre with approximately 109,030 square foot occupied by Walmart store including parking space, loading and the general landscape. The entire business is however immediately bordered by a gas...
6 Pages(1500 words)Assignment

Critical Analysis of Walmart

In fact, they have to learn the prevailing forces in their industry, allowing them to analyze the best move as possible that they could take in order to survive in a tough competition. These are some of the best moves that they need to put into the account in order to compete and create novel acts to create something new, be innovative to think of possibilities and ensure their market growth. This is clearly evident in the case of Wal-Mart, a company that is known as the scale brand. Prior to obtaining this brand success for this firm, there are specific moves that it clearly employed. This is the most interesting point that the work at hand emphasizes in great detail. There are relevant theories that could support this claim and...
8 Pages(2000 words)Case Study

Operational Challenges and Ethical Issues Faced by Walmart Inc

...Operational Challenges and Ethical Issues Faced by Walmart IncBackground Information Wal-Mart Stores Inc. also known as the Wal-Mart is one of the largest American Multi-National retail companies that operates an array of retail stores within the United States of America. Moreover, it runs various discount stores as well as warehouse stores in the United States of America (Fishman 2013). A recent research that was published by the Fortune Magazine indicated that the Company is currently among the largest public cooperation that have been successful over the last ten years. The Company is owned on Family-based Mode of ownership, with an approximate share of 50%. It was founded in 1962, by Sam Walton, an American Entrepreneur. However, its...
7 Pages(1750 words)Case Study
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 Case Study on topic A WalMart Monopoly for FREE!

Contact Us