University of PhoenixPrinciples of MicroeconomicsECO 365September 17, 2008ntroductionThis melodic theme will analyze the current commercialise conditions for Wal-Mart. The vernals report will address market bodily structure, 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 any case address price elasticity of pray, Wal-Marts? competitors, a supply and demand analysis and the impact of government regulations. securities industry StructureIn order to extend the company?s sales and profits, Wal-Mart restructured their merchandising operations. By conducting enquiry 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 as entertainment, home furniture, compatible nutrition prices, electro nics, and appargonl. The research in any case 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 mathematical product 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 first gear price products, having high-end merchandise has had a negative impact on the low-income consumers.
Impact of New Companies Entering the MarketThe impact a new company whitethorn have when competin! g with Wal-Mart is the price on merchandise and the variety of products, food and run. Some companies are not enceinte enough to provide all the go that Wal-Mart has only if keister provide a few of the services but may fall short on the be of stores and location to high hat meet all the needs of the consumer at a rational price. PricesWal-Mart advertises that they always have the lowest prices, but compared to which company? The some 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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