Last Updated 24 Jul 2020

Compare Growth Strategies between Wal-Mart and McDonald’s

Words 308 (2 pages)
Views 196

Wal-Mart’s strategies are similar to McDonald’s during 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. Recently, however, its growth has slowed down compared to the past years.

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 the public continues to search for a healthier alternative to their food choices McDonald’s has come up with a healthier alternative. For these reasons, McDonald’s will continue to succeed and grow as a business organization.

Reference

Order custom essay Compare Growth Strategies between Wal-Mart and McDonald’s with free plagiarism report

GET ORIGINAL PAPER
  1. Arndt, Michael."Knock Knock, It’s Your Big Mac".BusinessWeek. Retrieved 28 May 2009 from http://www.Businessweek.com/magazine/content/07_30/b4043062.
  2. Bergen, Kathy. “Franchisees attack McDonald's for the overexpanding chain. Chicago Tribune. 1997. Retrieved 28 November 2008, from http://www.mcspotlight.org/media/press/chictrib_22may97.
  3. Bianco, Anthony. Wal-Mart’s Midlife Crisis. BusinessWeek. 2008. Retrieved 28 May 2008, from http://www. Businessweek. com/magazine/content/07_18/b4032001. McDonald’s Corp.: Historical Prices.Yahoo Finance.
  4. Retrieved 28 May 2009 from http://finance. yahoo. com/q/hp? s=MCD

This essay was written by a fellow student. You can use it as an example when writing your own essay or use it as a source, but you need cite it.

Get professional help and free up your time for more important courses

Starting from 3 hours delivery 450+ experts on 30 subjects
get essay help 124  experts online

Did you know that we have over 70,000 essays on 3,000 topics in our database?

Cite this page

Explore how the human body functions as one unit in harmony in order to life

Compare Growth Strategies between Wal-Mart and McDonald’s. (2018, Feb 04). Retrieved from https://phdessay.com/compare-growth-strategies-between-wal-mart-and-mcdonalds/

Don't let plagiarism ruin your grade

Run a free check or have your essay done for you

We use cookies to give you the best experience possible. By continuing we’ll assume you’re on board with our cookie policy

Save time and let our verified experts help you.

Hire writer