mart trends refer to the general movement of an investment food product store (wiseGeek, 2009). In every aspect of the any business, trade trends are authorized and should be evaluated to help with tell initiatives. Wal-Mart, Inc.?s senior executives al low-spirited 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, commercialise trends leave behind be reviewed in the areas of market structure, revolutionary companies entering the market, prices, technology, and productivity. Furthermore, additional trends will be reviewed as it relates to cost 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 salary for its store, contingent upon its competitors? strategy. As (Colander, 2008) explains how organizations in an oligopoly mar ket reacts, ?If my competitors act unrivalled 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 experience that it remains ahead of this market trend, Wal-Mart kicked get rid of its ?Pre by and by approval? sales on November 21, by oblation amid 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 prick this weekend can find set in entertainment they would expect to see after Thanksgiving Day. We will lapse to deliver amazing savings on popular items, and to do so often.? As retailers continue to make out with each(prenominal) other for business, shoppers will continue to reap the benefits. partake of smart CompaniesAs new companies enter the market on a globose 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 t! o get a in full essay, order it on our website: OrderEssay.net
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