Market Trends for Wal-Mart

commercialize trends refer to the general movement of an investment food product store (wiseGeek, 2009). In every aspect of the any business, foodstuff trends are authorized and should be evaluated to help with paint initiatives. Wal-Mart, Inc.?s senior executives al downhearted help to make key decisions on challenges ahead or key issues facing the companying on a short and semipermanent basis. For this week?s team paper, food market trends leave behind be reviewed in the areas of market structure, new-made companies entering the market, prices, technology, and productivity. Furthermore, additional trends will be reviewed as it relates to approach structure, price elasticity of demand, competitors, lend and demand, and impact of government regulations. Market StructureWal-Mart, being the leader in retail, has strategized during this season to maximize win for its store, contingent upon its competitors? strategy. As (Colander, 2008) explains how organizations in an oligo poly market reacts, ?If my competitors act hotshot way, I?ll do X, just if they act another way, I?ll do Y? (p. 289). For example, in reaction to its competitors? advertising and to understand that it remains ahead of this market trend, Wal-Mart kicked get rid of its ?Pre after(prenominal) approval? sales on November 21, by pass amongst 42% to 60% savings off its already low prices (Wal-Mart 2009a). According to its website, ?U.S.

Shoppers who want to get a jump trigger this weekend can find set in diversion they would expect to see after Thanksgiving Day. We will unfold to deliver amazing savings on popular items, and to do so often.? As retailers continue to make out with al l(prenominal) other for business, shoppers w! ill continue to reap the benefits. partake of peeled CompaniesAs new companies enter the market on a world-wide level, keeping prices low will be a key aspect. Although Wal-Mart?s focus is keeping consumers happy by offering low everyday prices (Wal-Mart... If you want to get a large essay, order it on our website: OrderEssay.net

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