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How can walmart offer such low prices and still make profit

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Reference no: EM132546817

In terms of general strategy, companies need to either:

  1. "Wow" the customer, thereby justifying higher prices; or,
  2. Be a low-price (and thus low cost) competitor.

Walmart has revolutionized the retail industry, and made many companies either shift strategic focus or close their doors. This discussion question is large in scope so as to spark interesting discussion. Your response will focus on one of the following:

Question 1: How can Walmart offer such low prices and still make large profits? Is everything they do completely ethical? What can other companies learn from this?

Reference no: EM132546817

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