Hello Wal-Mart Assignment
Hello Wal-Mart?
BUS: 644
Instructor: Hoskyns-Long
Renee Frempong
January 28, 2013
Location decisions represent a key part of the strategic planning process of virtually every organization. Organization uses a location decision analysis to determine on buying property based on a variety of reasoning. Corporations such as fast-food chains, supermarkets and retail stores see location analysis as a tool of marketing when looking to purchase property. (Stevenson 2011). Wal-Mart is one of the largest corporations in the world and has enjoyed success. Although many companies do welcome Wal-Mart to increase the revenue of the town, many of the residents in these small areas actually oppose the huge super store for reasons of the overcrowding of traffic, unmerited competition and the treatment of their employees. From the perspective of the small business owners in the town, the pros of having a huge corporation like Wal-Mart can actually create a new infrastructure around the new facility. Wal-Mart can bring customer traffic and the local businesses can also have new customers due to new Wal-Mart location. In addition, Wal-Mart can also have many suppliers that in turn move to the area to supply Wal-Mart products can also supply the local businesses in the area. Moreover, allow for more construction which includes residential homes as well as apartments can be generated, a better community, populate the town and generate revenue for the township. With the population of the town, in turn generates more revenue for the town since the city can heavily tax many in the community. Lastly, Wal-Mart can create an enormous amount of jobs for the community. The Cons that the local business would have are if they have the same sell of products that Wal-Mart sells then they will be driven out of business. These businesses have lower revenue than Wal-Mart since they sell their products at a cheaper rate. It is known to charge
BUS: 644
Instructor: Hoskyns-Long
Renee Frempong
January 28, 2013
Location decisions represent a key part of the strategic planning process of virtually every organization. Organization uses a location decision analysis to determine on buying property based on a variety of reasoning. Corporations such as fast-food chains, supermarkets and retail stores see location analysis as a tool of marketing when looking to purchase property. (Stevenson 2011). Wal-Mart is one of the largest corporations in the world and has enjoyed success. Although many companies do welcome Wal-Mart to increase the revenue of the town, many of the residents in these small areas actually oppose the huge super store for reasons of the overcrowding of traffic, unmerited competition and the treatment of their employees. From the perspective of the small business owners in the town, the pros of having a huge corporation like Wal-Mart can actually create a new infrastructure around the new facility. Wal-Mart can bring customer traffic and the local businesses can also have new customers due to new Wal-Mart location. In addition, Wal-Mart can also have many suppliers that in turn move to the area to supply Wal-Mart products can also supply the local businesses in the area. Moreover, allow for more construction which includes residential homes as well as apartments can be generated, a better community, populate the town and generate revenue for the township. With the population of the town, in turn generates more revenue for the town since the city can heavily tax many in the community. Lastly, Wal-Mart can create an enormous amount of jobs for the community. The Cons that the local business would have are if they have the same sell of products that Wal-Mart sells then they will be driven out of business. These businesses have lower revenue than Wal-Mart since they sell their products at a cheaper rate. It is known to charge
References: 1. Lambert, H (2008) 100 leading national advertisers: Wal-mart stores; warner-lambert co.; wendy 's international; whitman corp.; wm. wrigley jr. co. (2008). Advertising Age, 61(40), 114-114. Retrieved from http://search.proquest.com/docview/208282675?accountid=32521 2. Neumark et.al, (2008). Estimating wal-mart 's impacts in maryland: A test of identification strategies and endogeneity tests. Eastern Economic Journal, 34(1), 56-73. doi: http://dx.doi.org/10.1057/palgrave.eej.9050002 3. Stevenson, W.J. (2011). Operations management (11th ed). New York, NY: McGraw Hill/Irwin