Wal-Mart: Introduction To Walmart

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Wal-Mart
Introduction of Wal-Mart

Wal-Mart is the largest discount retailer in the world. the company started out as a small chain of stores in rural towns. The store chain was founded by Samuel Walton in 1962 and currently is one of the largest employers in the United States. The stores has been criticized for running smaller “mom and pop” stores out of business with its extremely low prices. Some of the stores are considered Super Wal-Marts and they typically provide a grocery store and automotive repair shop for customers.
Main body/findings
Description of Organization
Wal-Mart Stores, Inc is an American public corporation that runs a chain of large discount department stores and a chain of warehouse stores. In 2010 it was the …show more content…

Legal
Wal-Mart makes sure that it follows the different laws of a country where they are doing their transaction. The company doesn’t want to risk their client’s welfare and company image by breaching local and international laws Wal-Mart makes sure that the in the country where they are doing transactions in will have a legal basis and will be sanctioned by local or international legal organizations.

7. Market Competition
Wal-Mart is offering low price, low cost operations as well as their operational efficiency; Wal-Mart tops the list of retailers worldwide. While some retailers such as Dollar General offering a low price initiative with comparable low price offerings as Wal-Mart, Wal-Mart is still the leader in the retail market.
8. Bargaining power of Buyers
The bargaining power of buyers highly influences Wal-Mart. Company is trying its best to keeps its prices low for the products and services they are providing. When the products are similar then the buyer will compare the price among suppliers which increases the competition and lead to lower prices and profits. Wal -Mart offers a wide range of products with the strategy of “Every Day Low Price” that appeal to large audience.

9. Bargaining power of

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