Economics

Running Head : NameUniversityCourseTutorDateK-Mart and Wal-Mart are 2 leading original-rate trades in the United States of which two of them have opened range of a function of stores in most parts of the United States offering some(prenominal)(prenominal) sell store operate and besides the grocery services . twain of them have in any case opened their separate branches internationally . For archetype Wal-Mart has branches in Mexico , United Kingdom , Japan , genus Argentina , brazil , Canada and Puerto anti-racketeering law , While K-Mart has their international stores in Puerto Rico , Australia and the new Zealand . Both are therefore rivals and they are competing both domestically and internationally to win more customers and increase the make for their products (Featherstone , 2006 , January /FebruaryBetween the cardinal enterprises , Wal-mart has the greatest profit potential . This is because Wal-Mart s management is rattling such(prenominal) innovative . Their innovativeness has helped them improve the efficiency of the various stores . Wal-mart employees are in addition trained so as to enable them handle stress types of duties . The idea of super centers which was introduced by Wal-Mart has increased the growth of their stores signifi masstly . Wal-Mart has also increased the demand for their products due to their mission of merchandising timbre products at a lower cost . by from that , the telephoner has a fast and most efficient dissemination constitution . Wal-Mart has also invested so much in the training railway locomotive room . They were infact the setoff retail store company to substitute to the new engineering . Wal-Mart also motivates its employees and they focus much on emphasizing the needs of the customer requirementsThe two enterprises have both reached th e maturity of their businesses This is becau! se they both have a larger dole out of customers in the market as compared to some other upcoming supermarkets . They both have large economies of scale and they can try potent competition to other small upcoming supermarkets .

The need for market share in the international level edge that the companies can be able to handle any considerate of hug nationally and internationallyHard technology employ by the two companiesWal-Mart fitted the technology much faster than its competitors and the company was one of the first to use computers in monitoring the inventory . The espousal of computers came as early as 1969 . Other technolog ies that was adopted by Wal-Mart reckon bar codes which was adopted in 1980 , EDI which was adopted in 1985 and was employ to improve coordination between the company and suppliers . There was also the acceptance of wireless scanning guns in the late 1980sK-Mart on the other hand was plugged for many years and their adoption to the technology was faced with problems . The information flow between the retailers and the stores was very minimize and created a lot of problems that led the retailer to remain approve . But it later adopted technology which includes the introduction of freeze scanners self-scan systems and hand-held computers which was used in tracking the inventory (Kay , 1995Soft technologies usedWal-Mart s managerial system is superb . The managerial innovation of the various sectors in...If you essential to get a full essay, order it on our website: BestEssayCheap.com

If you want to get a full essay, visit o ur page: cheap essay