In today’s competitive world of retail consumers are spending less money due to the economy. Even though some businesses have gone out of business Wal-Mart is a company which has the endurance and stamina to out sell other retail stores. This essay will focus on Wal-Mart’s company overview and current and future market conditions. Additionally, will be discussed the team’s final recommendations for price and production. Finally, this essay will address if the Wal-Mart should continue expand, invest in new plants, and merge. First, for discussion is the company overview.
Company Overview
      Sam Walton the founder of Wal-Mart has a goal for customers to save money in order to live a better lifestyle. Now 40 years later and operations in 14 markets the company continues to deliver the same promise to its customers worldwide just as Sam Walton had envisioned. Millions of customers shop worldwide every week at Wal-Mart and its associated clubs. The company aims to sell the best quality of merchandise for the lowest prices. Additionally, the company strives to provide supercenters globally in order to save customers time and money by combining a full grocery department and general merchandise under the same roof Wal-Mart, 2009). For example, hair salons, automotive centers, vision centers, photography studios, nail salons, and a pharmacy to name a few.   Wal-Mart employs 1.8 million people globally with a majority of its employees holding full-time positions. Additionally, the company offers 18 different healthcare plans which have considerable lower rates than most companies. Furthermore, the company offers healthcare plans to its part-time associates. In an independent study Wal-Mart saves the average household $2,300 annually. Finally, the store was named retailer of the century and operates more than 3,800 facilities in America and more than 2,600 in other countries (Wal-Mart, 2006).
Current Market Conditions
Current Market Structure
      Wal-Mart current...