Portfolio Project management Term Paper Example | Topics and Well Written Essays - 3750 words

Portfolio Project management - bourn Paper ExampleThe products of Wal-Mart are differentiated according to various ranges. Wal-Mart generally applies the combination of differentiation and live leadership that is Wal-Mart emphasizes on providing various products and services with better quality by charging a price that is little as compared to its competitors. Wal-Mart has also been able to enter into its international market by the adoption of multinational stage business strategy. The prime reason of success of Wal-Mart is that it believes on focusing and developing the strategy of the single business which refers to as focusing and prioritizing on 95% of revenue that is generated from the grocery business. Wal-Mart generally adopts and formulates economies of scale for gaining cost advantages over its competitors. Wal-Mart has designed its products and services in such a way that it provides the customers to save money and also to live a better and proper life. Wal-Mart mainly consist of selling the products and merchandise such as by mail, interject or through online.Wal-Mart allowed the company to achieve an efficient and large scale supply chain it has its let low cost brands such as the great value. Wal-Mart has designed a unique cost organize which allows and facilitates Wal-Mart to charge low and fewer prices from its customers and achieving high and effective competitive advantages. Wal-Mart has adopted a strategy by charging a low price and providing a good quality of products.Wal-Mart generally uses the aggregate forecast for look into and monitoring the trends of customer purchase for each and every store. Wal-Mart is capable of maintaining inventory at a reduce level and meeting the demand of the customer. The decrease or reduction in the level of inventory lead lead to the decrease in the floor plan and minatory the expense of interest and also lowering the cost of carrying and providing a wide diversity of products that is displayed o n the shelves of the store that is