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Wal-mart And Its Market Struct
Beginning of essay
In a world where most retailers are categorized as having a monopolistic competition market structure, Wal-Mart Stores Inc. appears to have an oligopoly market structure. Nevertheless, because there are far too many retailers to deal with, then they also have a monopolistic competition market stru ....
Middle of essay
.... the nation's leading retailers, but it appears that Wal-Mart may never be caught.
A prime example why they may never catch Wal-Mart is by looking at their sales volume over the years. In 1994, Wal-Mart sales volume exceeded the combined sales volume of Kmart and Sears, the number two and three retailers in the nation, respectively. By 1996, Wal-Mart sales volume exceeded the combined sales volume of Sears, Kmart, and Target. Wal-Mart's stranglehold on its competition has continued to grow .... |
| Number of words: 592 |
Approximate pages: 3 |
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