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Wal-Mart succeeds in the United States simply by selling branded products at low cost. But that doesn't explain it all. Following is an analysis of Wal-Mart's competitive strategy.1 Purchasing
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In market leadership the firm must work at maintaining its position, having got there through, say, cost advantage or innovation, by being very responsive to market needs. We saw in the case of Argentina's beef and Brazil's frozen concentrated orange juice that success was built on:
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