Wednesday, June 19, 2019
Walmart VS. Target Research Paper Example | Topics and Well Written Essays - 1000 words
Walmart VS. Target - Research Paper ExampleAn ancient chore analyst, Fernandez, in his publication once depicted that stage business and humankind are inseparable (98). This shows that the success of business entities and that of humankind are dependant of each other. With the increasing need to sustain human need, numerous business entities have been put in place. The quality and manner of delivery of the products determine the success the organizations realize. It is arguable that human needs are better satisfied when in that location is free entry and exit into the market. This increases competition, louring the products prices and ensuring better services and service delivery (Chapman 15). In the competition of big box retailers, it is punishing for two different firms such as Wal-Mart and Target to achieve the same kind of success in their operation.The first factor that makes Wal Mart to be rated higher up target is that Wal-Mart provides locally grown products, products that provide energy efficiently, and policies of innovative internal recycling (Kipple, et. al. 174). This has made the company dominate in the market. However, it does not have bewitching policies for its workers and the wage rate hourly of $10.76 is arguably not impressive. The number of employees at Wal-Mart is around 2.1 million. This proves that the progress of the company is very evident (Murphy 57). Further, the company has expanded to 15 countries with 8,100 retail units. This means that the firm has won a bigger market share than Target. The average revenue recorded by the firm totals $405.6 billion yearlyly. The annual revenue is the commonly used determinant of the companys success. This means that the firm is successful. From Schwartz Ariels article, Sustainability Faceoff Walmart vs. Target, the number of employees in Target is approximately 351,000, which is relatively lower than Wal-Mart. In the entire United States, the firm has initiated stores in 48 states, bringi ng the retail units to 1,684 stores. This
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