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The largest retail chain is Wal - Mart with $ 4 4 6 billion in revenues for the fiscal year ended January 3 1 ,

The largest retail chain is Wal-Mart with $446 billion in revenues for the fiscal year ended January 31,2012. Wal-Marts strategy of always low prices means that it must strive for competitive advantage in its overall cost structure. In particular it works with suppliers to assure that it can always buy at a lower cost than its major direct competitors. What impacts the competition can have on Wal-Marts advantage?
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Competitors can overcome Wal-Marts advantage if they develop technology that is more cost effective or find ways to reduce costs in one or more areas of operations.
Competitors can make Wal-Mart stay ahead of its competitors in next hundreds of years.
Competitors can never overcome Wal-Marts advantage regardless they develop technology.
Competitors cannot overcome Wal-Marts advantage even if they develop technology that is more cost effective or find ways to reduce costs in one or more areas of operations.
none of these.

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