Wednesday, October 16, 2019
Fortune 500 Company Analysis Essay Example | Topics and Well Written Essays - 750 words
Fortune 500 Company Analysis - Essay Example Fortune 500 Company Analysis Wal-Mart Corporation is the biggest global retailer and by the end of January 2010, the company had amassed more than $400 billion in revenues, $24 billion in operating income, and operate 8,500 stores with approximately 1 billion square feet of space (Datamonitor: Wal-Mart Stores, Inc. 2010). Through low prices and development, Wal-Mart grew from their Arkansas roots to a global market leader. Wal-Mart is the largest firm in the global general merchandise stores sector, creating a 31.5% share of the sector's worth. Despite considerable opposition in the retail setting, Wal-Mart became a global leader by providing discounted price products to their customers. Wal-Mart manages three business divisions in the general merchandise industry: Wal-Mart, Sam's Club, and the international segment. Internet revenues are also an essential input to Wal-Martââ¬â¢s achievement and the companyââ¬â¢s Internet activities will continue to be a part of the future syne rgies of their business plan. Wal-Martââ¬â¢s huge merchandise offerings and the wide blend of goods make it possible to differentiate them from the competition. Wal-Mart supplies branded and private label merchandise in several categories including groceries, recreation, electronics, apparel, wellbeing, interior design, and monetary services.
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