Research Paper Word Count: 1274 How successful can a company become before it is an economic danger for our country? That is the question a lot of Americans have begun to ask about the massive super store Wal-Mart. In a struggling American economy Wal-Mart thrives while smaller companies struggle and some even go bankrupt. There is always going to be companies that make it while others don’t, but when do American citizens need to step in and draw the line when one mega company like Wal-Mart becomes too powerful? With Wal-Mart using materials from other countries while its growing and expanding everyday it knocks out smaller businesses everywhere, which in turn hurts the economy and is literally a growing Monopoly in America, which we cannot
If he relocates one of the stores he could also lose customers as well. The internal weakness include not wanting to hire outside of his family and the timing if he relocated one of his stores which he could lose current and potential customers due to the opening of West 9. He is not sure of his ability of running two stores either . External perspectives The characteristics of this industry are that with similar companies that are larger it greatly affects smaller companies with the cheaper prices that these companies can offer to customers. The firm’s strategy for differentiation is to be able to provide exceptional customer service by react quickly to competition
New technology has changed the Pyrmont community, because it is able to open up new jobs, but also causes decline in jobs that are already there. Such as in the 1980s when the large freight industry was moved out of Pyrmont, due to the improvement of cargo ships, which enable more stocks to be transported, but could no longer fit in the docks of Pyrmont. These caused thousands of residents to leave Pyrmont in search of jobs that were lost at the docks, with thousands of men gone, businesses around Pyrmont quickly followed, as they made no money were they were. The development of transport has also changed Pyrmont, with more frequent services, many people living outside Pyrmont are still able to work there, getting there either by train, bus, taxis or car. New technology also changes work patterns in Pyrmont.
One of the first businesses he enters is that of Colin Buttwell, the Autotrader. Colin’s shop seems to be showing signs of anxiety due to bigger stores opening up nearby and also a decrease in profit, which is a result of fewer customers. Although Colin could do more to attract new
Lastly, I will talk about the Sports centre. The local residents find the sports centre to look daunting and expensive as John Cooksley, the head coach, mentions ‘They want to play, they look in and they’re like oh that looks like a private club, it looks expensive, but it’s actually not so it’s, we needs to somehow break the boundaries’(‘Making Social Lives on City Road’, scene 7). People from poorer backgrounds feel excluded from this facility creating an economic inequality. The sports centre needs to be advertised better so that people from all types of financial backgrounds know about the
Helen Pearce Page 1 27/10/2013 Describe some of the inequalities on City Road I noticed many inequalities on city road. The one that stood out the most to me was the local shop owner, Colin Butwell with is news agents. He describes how long the business has been in his family and how big brand name companies’ like Tesco’s and Spar have affected his business and others around. He tells us that the spar opened 25years ago but didn’t really affect him, but the Tesco’s opening two blocks from him has significant impact on his shop. He also speaks about not many children buying toys from his shop, as they don’t play with the toys that he used to play with as a child.
These displays and advertisements really makes people want to come in and check out the deals that they have seen on those advertisements, so Target really drags people into their stores. Dissimilar form Wal-Mart, Target has no cheaper label to sell costumers the same individual features like the “Great Value” label, so that make Target more expensive than Wal-Mart. In Target if you find something cheaper than in their stores they will not make override it to make it the same price. The similarities between Wal-Mart and Target is that they both huge and powerful corporation stores. There are about 1,591 Target stores in the country, and about 9,600 Wal-Mart stores In the United States.
Beauty sells products; that’s the argument that Marshal Cohen uses to justify this opinion about the hiring protocol at many retail stores. Cohen believes that by hiring better looking people, stores are able to promote their products and increase sales. It is understandable why companies make these selections, but people should not accept all of the discrimination as typical. By hiring only “good-looking” people, retail stores are showing prejudice and discriminating. Companies should open up their criteria for hiring to apply to more people and make the selection process revolve around hard-work and ability not looks.
Few people saw the profit margin potential in selling such homely goods at discount and massive volume. But Stemberg (Owner of Staples In) was convinced and hired an investment banker to help raise money. Romney eventually heard Stenberg’s pitch, and he and his partners dug into Stemberg’s projections. They called lawyers, accountants and scores of business owners in the Boston area to query them on how much they spent on supplies and whether they’d be willing to shop at large new store. The partners initially concluded that Stemberg was overestimating the market.
Some of the local shops have been passed down through generations and a shop with such a large market chain attached to it has put many local businesses out of pocket. However, when looking at Prince of Wales Road, it caters for a different group of people. Up and down the road there are insurance