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GDP ( Gross Domestic Product ) Notes
These are an overall grasp of what GDP is and all the different types of things that affect it, how it works, similar measures as well and so on. If you need a Quick set of notes to help you grasp the idea of GDP than these are the notes for you!
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Wal-Mart, founded in 1962 by Sam Walton, is the World’s Largest Retailer. In 2009 its sales amounted to $405 Billion (Appendix 1), by contrast its closest competitor Carrefour’s sales were $120 Billion (Appendix 1). Wal-mart is known for its aggressive pricing strategies that attract thousands of customers into stores around the world with the slogan: “Everyday low prices”. In terms of Porter’s generic strategies, Wal-Mart has a broad scope and adopts a COST LEADERSHIP STRATEGY, in the mass market.
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