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This is a short summary of the paper
Wal-mart And Its Market Struct

Start of Term Paper
In a world where most retailers are categorized as having a monopolistic competition market structure, Wal-Mart Stores Inc. appears to have an oligopoly market structure. Nevertheless, because there are far too many retailers to deal with, the ....

Middle of Term Paper
... a powerful force in the retail business. This business ecosystem may be similar to what other retailers may use, such as Kmart, but Wal-Mart did not follow the norm by opening stores in the suburbs where the money was. Wal-Mart decided that it was in their best interest to stay put in rural and small-town markets. They felt that the people from the suburbs would come to them, which is exactly what ended up happening. Their simple 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 ...

Number of Words: 592 Approximate Pages: 3

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