The Story of Wall-Mart Success Research Paper Example | Topics and Well Written Essays - 1750 words

The Story of Wall-Mart Success - Research Paper Example The company in order to position itself as the lowest cost retailer had to adopt many strategies that even include effectively managing their operating costs so that they do not have to compromise on the profit margins. The company is not only the largest retailer across the globe but is also the biggest employer and has a large base of employees.  The company in order to position itself as the lowest cost retailer had to adopt many strategies that even include effectively managing their operating costs so that they do not have to compromise on the profit margins. The company is not only the largest retailer across the globe but is also the biggest employer and has a large base of employees.  Reasons behind Wal-Mart behind the best in the retail industry   Wal-Mart has been able to prove itself as one of the largest retailers across the globe. The company has been able to maintain an image of a retailer that offers the best of cheapest products in comparison to all the other pl ayers in the retail industry. The company has set its mark as the only retail chain that has not only been successful in the home country but has also been able to set high standards in the international markets. The company achieves the rank of being best retailer not only through its low-cost products but also through the customer service that it offers to its customers. The company maintains a team of well-trained professionals and they are divided into various departments so that there is a smooth flow of operations. The company has also achieved the image of being the most attractive employer in the retail industry. To be best in a particular industry can be analyzed through the revenue margins and the profit levels that are achieved by a company in comparison to other players in the market. Wal-Mart is known to be the best in the retail sector as its revenue margins have always grown down the line. The company is the topmost retailer across the globe in terms of revenue (Fishm an 113).The other factor that states that the company is the best in the retail sector is that it has been able to maintain a steady growth down the years and unlike other competitors has not seen any kind of turmoil in its business operations. Also, the company operates across various regions and offers a wide range of products, and the company even imports different kinds of consumer goods and electronics in the United States. The wide range of activities that the company performs also has been well supported by its association with all the local communities which has proved that the company is socially responsible. The company performs all kinds of activities may that be getting associated with all form of environmental concern issue or may that be extending their support and help to the weaker sections of the company.