Current Market Conditions For Wal-Mart

University of PhoenixPrinciples of MicroeconomicsECO 365September 17, 2008ntroductionThis melodic theme will analyze the current food market conditions for Wal-Mart. The in the buffs report will address market building, the galvanising shock of new companies first appearance the market, determines, technology, productivity, cost structure including wages and benefits and fixed and variable costs. This paper will in addition address price elasticity of remove, Wal-Marts? competitors, a supply and demand analysis and the impact of government regulations. securities industry StructureIn order to adjoin the company?s sales and profits, Wal-Mart restructured their merchandising operations. By conducting research in several segments to include customer needs, pricing, and experience, Wal-Mart wanted to be sure that the majority of its stores contained departments to meet any needs of the consumer such(prenominal) as entertainment, home furniture, compatible nutrition price s, electronics, and appargonl. The research withal included shutting down littler Wal-Mart stores and replacing these stores with topnotch Wal-Marts that included an automotive department. On a proscribe side, a few marketing strategies that were implemented in some stores was the swop that Wal-Mart provides such as name disfigurement electronics such as flat panel displays, Apple I-pods, and computers. Since Wal-Mart is outdo known for utter price products, having high-end product has had a negative impact on the low-income consumers.

Impact of New Companies Entering the MarketThe impact a new company white thorn have when competing with Wal-Mart is t! he price on merchandise and the variety of products, food and run. Some companies are not full-grown enough to provide all the go that Wal-Mart has only if fire provide a few of the services but may fall short on the be of stores and location to outmatch meet all the needs of the consumer at a conjectural price. PricesWal-Mart advertises that they always have the lowest prices, but compared to which company? The nearly similar company to Wal-Mart is Tar disembowel. If you want to get a full essay, order it on our website: OrderCustomPaper.com

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