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Compose a 1000 words essay on Walmart VS. Target. Needs to be plagiarism free!An ancient business analyst, Fernandez, in his publication once depicted that business and humankind are inseparable (98).
Compose a 1000 words essay on Walmart VS. Target. Needs to be plagiarism free!
An ancient business analyst, Fernandez, in his publication once depicted that business and humankind are inseparable (98). This shows that the success of business entities and that of humankind are dependant of each other. With the increasing need to sustain human need, numerous business entities have been put in place. The quality and manner of delivery of the products determine the success the organizations realize. It is arguable that human needs are better satisfied when there is free entry and exit into the market. This increases competition, lowering the product’s prices and ensuring better services and service delivery (Chapman 15). In the competition of big box retailers, it is hard for two different firms such as Wal-Mart and Target to achieve the same kind of success in their operation.
The first factor that makes Wal Mart to be rated above target is that Wal-Mart provides locally grown products, products that provide energy efficiently, and policies of innovative internal recycling (Kipple, et. al. 174). This has made the company dominate in the market. However, it does not have fair policies for its workers and the wage rate hourly of $10.76 is arguably not impressive. The number of employees at Wal-Mart is around 2.1 million. This proves that the progress of the company is very evident (Murphy 57). Further, the company has expanded to 15 countries with 8,100 retail units. This means that the firm has won a bigger market share than Target. The average revenue recorded by the firm totals $405.6 billion annually. The annual revenue is the commonly used determinant of the company’s success. This means that the firm is successful. From Schwartz Ariel’s article, Sustainability Faceoff: Walmart vs. Target, the number of employees in Target is approximately 351,000, which is relatively lower than Wal-Mart. In the entire United States, the firm has initiated stores in 48 states, bringing the retail units to 1,684 stores. This
