Economics

Running Head : NameUniversityCourseTutorDateK-Mart and Wal-Mart are two leading super trades in the United States of which both of them have opened chain of stores in most parts of the United States offering both sell store services and besides the grocery services . twain of them have also opened their separate branches internationally . For archetype Wal-Mart has branches in Mexico , United Kingdom , Japan , Argentina , brazil , Canada and Puerto Rico , 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 demand 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 very such(prenominal) innovative . Their innovativeness has helped them improve the efficiency of the various stores . Wal-mart employees are also trained so as to enable them handle variant 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 quality products at a lower cost . by from that , the company has a fast and most efficient dissemination system . Wal-Mart has also invested so much in the training engine room . They were infact the setoff retail store company to vary to the new technology . Wal-Mart also motivates its employees and they focus much on emphasizing the needs of the customer requirementsThe two enterprises have both reached the maturity of their businesses This is because they both have a larger dole out of customers in the market as compared to other upcoming supermarkets . They both have large economies of scale and they can provide potent competition to other small upcoming supermarkets .

The quest for market share in the international level demonstrate that the companies can be able to handle any kind 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 technologies that was adopted by Wal-Mart involve bar codes which was adopted in 1980 , EDI which was adopted in 1985 and was used to improve coordination between the company and suppliers . There was also the adoption 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 diminish and created a lot of problems that led the retailer to remain back . But it later adopted technology which includes the introduction of halt 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 exigency to get a full essay, order it on our website: Ordercustompaper.com

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