Sunday, May 5, 2019
Introduction to business Assignment Example | Topics and Well Written Essays - 500 words
Introduction to business - Assignment ExampleOne of the key ch tout ensembleenges which it report lately is the resistance to its expansion in the urban areas. While the butt in is striving to gain grocery store in the urban areas, it is facing many challenges and oppositions by companies, the government and also prominent individuals. The main originator as to why the store if facing so much resistance is due to its size and its take for over the mart. Wal-Mart can enter different markets in different countries through acquisitions, formation of joint ventures or even establishment of its own stores (Roberts & Berg, 192). Therefore, it poses a threat to the small scale businesses in the urban market. With Wal-Mart in the urban markets, many businesses fear that they may not be able to maintain the same market size as before. This is because being a self-aggrandising store, it can acquire items at cheap cost and thus, charge cheap prices. On the other hand, the government resist s Wal-Marts extension to the urban because the store is large and could pose a competition to the government parastatals.Over the past years, study shows that Wal-Mart has been able to maintain magnificent relations with different kinds of people. The store reported that all these nifty relationships between its buyers and all other institutions that it dealt with all arose out of trust (Soderquist, 165). It is through this building of trust that Wal-Mart was able to win the approval of zoning commissions and committees. The managers of the store also reported that they also won the approval through being a staunch and snarled citizen in the United States of America. This was mainly through participation in the charitable giving and general warmth of the communities (Soderquist, 190). Thus, the management of Wal-Mart changed its operations from entirely profit oriented goals to both service oriented and profit oriented objectives. A manager of the Store recently reported that the store creates a
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