Compare Growth Strategies between Wal-Mart and McDonald’s
Wal-Mart’s strategies are similar with McDonald’s during the early 2000. It seeks to dominate the industry by opening new stores not only in the United States but even in Asia and European countries. It also adopts an aggressive strategy and focuses on becoming bigger. In its more than 40 years of corporate existence Wal-Mart has accomplished so many things and controlled 20% of dry grocery, 29% of nonfood grocery, 30% of health and beauty and 45% of general merchandise sales. (Anthony Bianco, 2007) Recently, however, its growth has slowed down compared to the past years.
(Anthony Bianco, 2007). On the other hand, McDonald’s has learned from its past mistakes. It no longer seeks to become bigger but it seeks to become better. Conclusion Based on the strategic choices McDonald’s has made in the past years and its ability to innovate and adjust to the needs of its customers, McDonald’s will continue to become a success in the business. It knows how to take advantage of its strength and remains firm to its commitment to provide the best service to its customers.
It has recently entered into the coffee business and collided head on with an established brand and won the battle. While
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