some businesses are set up solely to perform specific services for customers Other businesses offer value- added services, which are activities performed to support the sale of a product or other service Convenience o Means making some activity easier or more comfortable, and is a major reason why people shop on the internet o Customers…
businesses look for advantages over their competition Some of these advantages are temporary, part of the continual back- and forth activity that occurs among competitors i.e. Pepsi and Coke Sustainable Competitive Advantages o Sustainable competitive advantages are methods by which a business holds on to its customers, in spite of the competition o Developing a…
Wal-Mart has been apart of our lives for over 50 years, becoming a dominant force in the retailing sector. There are several disputes amongst economists about whether Wal-Mart has a positive or negative influence on our economy and society, many criticizing the Wal-Mart Corporation for its negative and careless approach to becoming the powerhouse it…