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Wal-mart And Its Market Struct
Part 1 of Paper
....re, Wal-Mart Stores Inc. appears to have an oligopoly market structure. Nevertheless, because there are far too many retailers to deal with, then they also have a monopolistic competition market structure. Regardless, Wal-Mart would rather have it this way because it has not hurt them at all by having competition.
.... Part 2 of Paper
....mple strategy worked; one store would cater to several different towns.
In less than three decades of existence, Wal-Mart grew from a single small discount store in Rogers, Arkansas, to the largest retailer in the nation. This title was previously held by Sears Roebuck and Co., but during the early 1990's they were surpassed by Wal-Mart and Kmart. Sears has since regained the number two spot as the nation's leading retailers, but it appears that Wal-Mart may never be caught.
A prime example.... |
| Number of words: 592 - Approximate pages: 3 |
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