In: Operations Management
NEED ANSWER ASAP / ANSWER NEVER USED BEFORE, COMPLETELY NEW ANSWER PLEASE
Choose an existing product or service and write a one-page summary that answers the following four questions of that product or service
ANSWER THROUGHLY 1-2 pages *** IN PARAGRAPGH FORM PLEASE NOT BULLET POINTS
COPY AND PASTE Answer in paragraphs, and no picture attachment please.
NEEDS TO BE AN ORIGINAL SOURCE ANSWER NEVER USED BEFORE
***NEEDS TO BE AN ORIGINAL SOURCE PLEASE***
Economies of scale: Walmart follows cost leadership business strategy enabled by the economies of scale
Access to online channels of distribution: walmart online sales channel contributes to the level of cost-efficiency of retail operations
Government policy. Government policies can limit or prevent new competitors
Customer loyalty and brand identification:through the long relationship with customers brings customer loyalty and brand identification
Poor oraganisation support: leads to get away from competitive advantage
Wal-Mart’s strategy of discount price : enabled the company to gain greater control of the retail industry over rivals
5.Value proposition of walmart is its commitment to save people money by providing goods and service at low price. Walmart achieved the values by creating efficient supply chain management and effective channel of distribution from wholesaler to retailer