Wal-Mart Research Paper Example | Topics and Well Written Essays - 1750 words - 1

Wal-Mart - Research Paper ExampleSam Walton believed that impressive profits in any(prenominal) business do not source from charging superior prices on goods and services, but from making high sales volume. Samuel Walton believed that he could only make smart profits if he did a lot of sales of his merchandise. For this reason, Samuel Walton contumacious to reduce the prices of his merchandise below the securities industry margin, which eventually played the most critical role in attracting many customers. With many customers, the rate of stock turn over in the Wal-Mart depots increased thereby resulting to high profit margins. The success of Wal-Mart stores should act as reflective mirror to any investor in the chain store industry. Wal-Marts success lines up with various economic and social benefits as well as disconfirming implications in the line of economy, social and environmental arenas.Wal-Mart stores have worked towards eliminating monopolistic complacency in the Amer ican market by inducing high level of contention. Wal-Mart is known for its tendency to reduce handlers of its products to the shelves, a strategy achieved through the identification of viable vendors who inspect the stocks in the stores and in the shelves and organize for supply when necessary. The strategy has helped Wal-Mart stores in undercut costs, transferring the advantages transfers to the customers who eventually end up buying goods at low prices (Bargdahl 14). The reduction of prices charged on the final exam products by Wal-Mart has attracted many consumers to the Wal-Mart stores, an event that has seen decline in performance of the other competitors. Owing to the high competition from Wal-Mart, other market operators have been forced to lower their prices thus the benefit to the consumers.According to Bergdahl, Wal-Mart stores adopted advance technology of loading and offloading, which applies the use of conveyor belts (41). Wal-Mart has therefore employed thousands o f people who operate the