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An Evaluation on Target Corporation and Wal-Mart Stores, 2002.
An in-depth comparison of two corporations: Target and Wal-Mart.
4,520 words (approx. 18.1 pages), 8 sources, $ 117.95
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Abstract
This paper examines the large store discount general merchandise market through the comparison of Target Corporation and Wal-Mart Stores. The paper is packed with facts and statistic on the corporations? investments, bank loans and markets. The paper's author asks the question of which company is best to invest in and who is the better employer. This paper is written in outline format with a clear and direct method of presenting information.
Table of Contents
The Large-Store Discount General Merchandise Market
Investment Decisions
Lending Decisions
Employer
Overview Of Target Corporation and Wal-Mart Stores, Inc
Investment Decisions
Employment
Appendix
Bibliography
From the Paper
"Outline
1. The companies being analyzed are Target Corporation and Wal-Mart Stores, Inc. They are general merchandise retailers. They compete in the large-store general merchandise market, especially in the discount store segment and the US geographic market.
1.1. Target Corporation?s Store Brands in multiple formats are Target, Super Target, Mervyn?s, Marshall Field?s, Target Direct and Target Visa. Target operates 1409 stores in 47 states in the United States and is currently the No.3 discount retailer in the US market.
1.2. Wal-Mart Stores, Inc has several Store Brands: Wal-Mart currently operates 2295 Wal-Mart Discount Stores; 1521 Supercenters; 564 Sam?s Clubs and 34 Neighbourhood Markets in 9 countries outside the US - Argentina; Brazil; Canada; China; Germany; South Korea; Mexico; Puerto Rico; United Kingdom. Wal-Mart is today the world?s largest retailer (and company measured by revenue) and occupies the No.1 position in the US General Merchandise Retail Market."
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Globalization and the Wal-Mart Corporation, 2007.
This paper offers a case study and SWOT analysis of the Wal-Mart Corporation, focusing on global growth.
1,744 words (approx. 7.0 pages), 4 sources, MLA, $ 56.95
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Abstract
In this article, the writer examines the operations of the Wal-Mart Corporation. The writer claims that Wal-Mart faces its most serious challenge to growth in confronting the need to expand globally. The writer points out that to date, Wal-Mart's domestic growth has continued nearly unabated due to the company's ability to translate the economics of globalization in manufacturing and trade to their advantage in retailing. The writer notes that while the U.S. market is the primary sales catalyst of growth, global growth has been elusive and tough for Wal-Mart to attain. In this paper, the writer explores the issue of global growth of the Wal-Mart Corporation.
Outline:
Wal-Mart Case Study
Options and Alternatives
Recommendations
SWOT Analysis - Wal-Mart Corporation
Strengths Weaknesses
Opportunities
Threats
References
From the Paper
"Wal-Mart's store base, which according to the case study numbered 4,300 stores in 2001, attracting 100 million visitors per week in the U.S. alone is a sizeable platform from which a multitude of retail businesses could be launched. The decisions to go into do-it-yourself home repair and challenge Home Depot, or into high-end electronics to compete with Best Buy, pet products, groceries or higher end merchandise to compete with Costco and other big-box retailers, called this term due to their selling of durable goods right from the warehouse floor, are all attractive growth strategies. There is also the strategy of refurbishing stores and adding in mid-priced clothing and apparel for men and women with a designer label, a comparable strategy to what Target is doing with Isaac Mizrahi and Mossimo for example. All these are branding and selling strategies and it's critical to not overlook the operational issues of the company as well including their supply chain and focus on relentlessly cutting costs through highly effective strategies for managing suppliers. All the above issues are exacerbated and turn into major challenges however when put into the context of the European and Asian cultures Wal-Mart needs to migrate and succeed in to continue growing."
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The Wal-Mart Corporation, 2004.
An insight into the history, strategy, and innovations of the Wal-Mart Corporation.
3,817 words (approx. 15.3 pages), 8 sources, MLA, $ 104.95
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Abstract
This paper discusses Wal-Mart?s history, innovative business principles, and its use of information technology to gain a competitive advantage. It also examines strategies such as geographic location, inventory management, operations, hub and spoke distribution network, culture, and analyzes the research and development of Wal-Mart?s computer system. Also included are conclusions as to why it is considered one of the world?s most innovative companies and how Wal-Mart uses R&D money to make the company more successful and one of the world's leading discount retail stores.
Outline
Introduction
Executive Summary
History
The Wal-Mart Culture
Sam Walton?s Three Basic Beliefs
Helping People Make a Difference
Sam?s Rules For Building a Business
Use of Information Technology
Geographic Location
Inventory Management Strategy
Operations Strategy
Hub and Spoke Distribution Network
Vendor Relations
Culture
Research and Development
Conclusion
From the Paper
"Wal-Mart uses a new 2004 system to track container shipments, monitor inventory, expenses, and other pertinent data through the company?s Intranet, accessible from every store. A password encryption system was developed and implemented to secure the database information, and Associates share the data according to their security. The database tracts each inventory item at each store and the inventory data is shared with Wal-Mart?s buyers and suppliers. This use of information technology has produced efficiency in ordering the proper level of products as demand increases or decreases."
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The Wal-Mart Corporation, 2004.
This paper discusses the negative effect of Wal-Mart's ?price-rollback? strategies on the U.S. economy.
910 words (approx. 3.6 pages), 4 sources, APA, $ 32.95
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Abstract
This paper explains that Wal-Mart, in the search for cheaper goods, aggressively pushes its suppliers to cut wholesale cost, causing factory jobs to move from one poverty-stricken nation to another and failing to meet the labor standards set by human and labor rights activists and yet attained by other prominent companies. The author points out that, although Wal-Mart provides job opportunity, lower prices, and quality of products, it has a negative effect on a community because the smaller retail companies and companies that provide employee benefits can not compete with its prices. The paper states that the only hope that this economic community can recover from the ?Wal-Mart effect? is in the negotiation of benefits for Wal-Mart workers and better treatment of its 'third-world? employees.
Table of Contents
Statement of Thesis
Introduction
Negative Effect: Violations of Human and Worker Rights and Unfair Labor Practices
Positive Effects of Wal-Mart: Job Opportunity, Lower Prices, Quality of Products
Conclusion
From the Paper
"In other reports, Wal-Mart managers being pressured by the Main Office of Wal-Mart in Bentonville in terms of labor costs, were found guilty by an Oregon jury for coercing employees whose numbers were in the hundreds, to work overtime hours without receiving pay. Due to having been ridiculed in a broadcast of the company's report via in-house satellites the managers also were found guilty of tampering with time cards and bullying employees to work without clocking in. The report stated that although Wal-Mart had settled the cases in Oregon and Mexico there were still 40 plus cases coming up for trial against the company."
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Target and Wal-Mart, 2003.
A comparison of the Target and Wal-Mart corporations including retail strategies and a financial analysis.
1,147 words (approx. 4.6 pages), 3 sources, MLA, $ 39.95
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Abstract
This paper examines how the retail industry continues to grow at a rapid rate and how along with this growth comes greater competition. It looks how among the large number of retail companies, the Wal-Mart and Target Corporations continue to grow at a greater rate than most of the competition. It discusses the success of these publicly traded companies and provides an overview of each one?s history, financial results and stock information.
From the Paper
"Although the Target Corporation (Target) was introduced to consumers in 1962, the history of Target was actually established in 1902 by George Dayton. Mr. Dayton opened his first store in 1902 under the name of ?Goodfellows? in Minneapolis, Minnesota. Mr. Dayton changed the store?s name in 1903 to ?Dayton Dry Goods Company? and then again seven years later to ?The Dayton Company? (The Company). In 1971, the company merged with the J.L. Hudson Company, which became The Dayton Hudson Corporation (DHC). Target Corporation began to offer stock to the public in 1967. After the purchase of Mervyn?s in 1978, DHC became the seventh largest retailer in the United States. In 1984, DHC formed Dayton Hudson Department Store Company. In 1995, Target Stores was first in the industry to open a discount credit card store and at the same time opened its first Super Store."
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Wal-Mart and Target, 2002.
Compares and contrasts these two retail giants.
2,956 words (approx. 11.8 pages), 12 sources, APA, $ 87.95
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Abstract
This paper compares and contrasts two of the leading discount department store chains, Wal-Mart Stores, Inc. and Target Corporation. A brief history of each is discussed, as well as the four ?P?s? of marketing: product, place, price, and promotion, and shows how each company has used these concepts to become successful. In conclusion, the paper uses a SWOT analysis to highlight the strengths, weaknesses, opportunities, and threats for each company and determines which is truly the leader in the industry.
Table of Contents:
Abstract
Executive Summary
Situation Analysis
Competitive Forces (Product and Place)
Economic Forces (Pricing and Promotion)
Technology Forces
Social and Cultural Forces
SWOT Analyses
Final Summary/Conclusion
References
From the Paper
"Promotion happens to be one of the most obvious differences in the two companies. Wal-Mart?s televised advertisements often feature actual customers shopping, talking about how they?re able to purchase more at Wal-Mart thanks to the low pricing or the smiley face bouncing around knocking the pricing down on items throughout the store. This promotion is obviously targeting the cost-conscience shoppers, families, older couples, and those who put savings as a priority.
Target, on the other hand, uses a lot of co-branding advertisements often focusing more on the products they carry then their own stores. Many of their campaigns are not even recognizable as Target advertisements until the very end of the commercial, when the familiar logo comes on screen. These hip and slick commercials target the younger consumers who are looking for a certain image and those who are brand conscience."
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The Low Prices of Wal-Mart, 2008.
This paper explains why there is typically a great public outcry surrounding every new Wal-Mart store and yet every recently opened Wal-Mart is usually filled with shoppers.
1,235 words (approx. 4.9 pages), 1 source, MLA, $ 42.95
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Abstract
This paper discusses why the very people who disdain Wal-Mart shoppers and the idea of Wal-Mart in general, will often find themselves shopping at Wal-Mart, taking advantage of its famously advertised low, low prices, all of the time. The paper relates that, although the goods and the shopping experience itself often seem faceless and standardized at Wal-Mart, the lure of low prices is hard to avoid. The paper contends, however, that while it may seem as if the Wal-Mart juggernaut of success is nearly unstoppable, this is not exactly the case. The paper then highlights some of Wal-Mart's failures and concludes that Wal-Mart's success is not inevitable, even in America, but to ensure that Wal-Mart does not take over America, Americans must rethink the way they view their social responsibilities as consumers, the ways they shop, and how they buy goods.
From the Paper
"The areas where Wal-Mart has failed to prosper in the United States tend to be urban locations, where people see shopping as a communal experience, such as in New York City, where people can easily walk from shop to shop, from the florist's to a cheese shop. Wal-Mart provides brand-name, standardized goods that many consumers rely upon, but are often not especially unique. This is why women who might go to Wal-Mart for diapers and paper towels, which have very little resonance or social cache in terms of brand loyalty, but may go to other stores for clothing, fragrance and toiletries.
"However, although the goods and the shopping experience itself often seem faceless and standardized at Wal-Mart, the lure of low prices is hard to avoid. Paying less for paper napkins frees up consumer dollars to pay for higher-end items elsewhere, like lattes at Starbucks, or other luxury goods. In the suburbs, where consumers have little access to public transportation, the ability to do one-stop shopping for low-price goods makes up for the lack of ambiance at Wal-Mart and a lack of a personal connection with the sellers and owners of the establishment."
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Case Analysis of Wal-Mart, 2008.
A competetive analysis intended to evaluate the Target as a competitor of Wal-Mart.
4,740 words (approx. 19.0 pages), 11 sources, APA, $ 121.95
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Abstract
This paper presents a competitive analysis that thoroughly evaluates Target as a competitor of Wal-Mart. The paper focuses specifically on the areas of depth of assortment, brand variety and appeal, dispersion of brands across a pricing spectrum, consistency of inventory, pricing (both execution and optimization), and overall rating of performance. The paper concludes with key recommendations for Wal-Mart at a tactical level from a product, pricing, and distribution standpoint. Graphs, tables, and charts are included with the paper.
Outline:
Current Situation
Company Overview
Competitor Analysis
Performance of the Company & Organization
Assessment of Current Marketing Operations
Strategic Marketing Issues
Tactical Marketing Issues
From the Paper
"Due to the breadth of businesses that Wal-mart is in, including the many different retail and service lines, the company has an abundance of competitors. The majorities are smaller, regionally focused, and as a result there is a high level of fragmentation throughout their base of competitors. Contrary to this fragmentation however is the emergence of Target in the U.S., Canada and Mexico as the most dominant competitor in the mass merchandising arena. The intent of this competitive analysis is to thoroughly evaluate Target as a competitor of Wal-Mart, specifically in the areas of depth of assortment, brand variety and appeal, dispersion of brands across a pricing spectrum, consistency of inventory, pricing (both execution and optimization), and overall rating of performance. Figure 1, Key Attribute Summary, highlights the ratings given to each company, across the years 2005 and 2006 by investment and equity analysts. "
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Wal-Mart and Supply Chain Management, 2007.
This paper describes Wal-Mart's supply chain operations , including their strategies for warehouse management and their commitment to collaborative advanced planning and scheduling.
2,277 words (approx. 9.1 pages), 12 sources, APA, $ 70.95
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Abstract
This paper describes the strategic activities of Wal-Mart. The Wal-Mart supply chain organization is defined. The author also highlights the importance of Wal-Mart's warehouses and their commitment to collaborative advanced planning and scheduling. Also presented are logistical operations. A comparison is provided showing Wal-Mart's performance relative to other global leaders in this area. A cost/benefit analysis of the Wal-Mart supply chain is included as a basis for suggesting further improvements. Finally, Wal-Mart's' ethical considerations in streamlining their supply chain are explored.
Introducing Wal-Mart
How Wal-Mart Is Defining Supply Chain Best Practice
Ethics and Wal-Mart
Supply Chain Recommendations for Wal-Mart
References
From the Paper
"At the heart of Wal-Mart's supply chain today is the need for translate the many approaches manufacturers have of producing, selling and delivering products versus the significantly different processes that mass merchandisers need to be successful. Bridging this gap of communication and making transactions as efficient as possible, in effect creating what many industry experts call a lean supply chain, is Wal-Marts' ultimate goal. Underscoring this point during a recent AMR Research conference Gary Maxwell, Senior Vice President of Merchandise Replenishment, stated that "the top priority of the Wal-Mart supply chain operations is to bridge the gap between suppliers and retailers' approaches to doing business,"(Weston, Garf, 2005). Mr. Maxwell continued during the conference to outline the key goals and objectives for Wal-Mart's supply chain strategy in the near term. Wal-Marts' supply chain objectives are grouped into a focus into the three areas of efficiency, education and electronic enablement of transactions."
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Wal-Mart, 2008.
A look at how competitive advantage for Wal-Mart can help sustain its position in discount retailing.
1,172 words (approx. 4.7 pages), 8 sources, APA, $ 40.95
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Abstract
This paper discusses how for the retail chain Wal-Mart, the need for continuing to perfect its supply chain has a much more strategic role in their core businesses than does the pricing strategies the firm relies on. The paper then proceeds to show how the Wal-Mart supply chain is going to continually underscore its leadership position in discount retailing. To accomplish this, the Wal-Mart supply chain organization is defined including its current accomplishments and challenges. Specifically the corporate-wide roles of Wal-Marts' supply chain operations are discussed, including their strategies regarding Radio Frequency Identification (RFID) implementations in warehouses worldwide and their commitment to collaborative advanced planning and scheduling. A cost/benefit analysis of the Wal-Mart supply chain is included as a basis for suggesting further improvements. Finally, Wal-Mart's' ethical considerations with streamlining their supply chain are explored.
Outline:
Introducing Wal-Mart
Wal-Mart's Supply Chain Today
How Wal-Mart Is Defining Supply Chain Best Practices
From the Paper
"As the largest mass merchandiser in the world, Wal-Mart's work in supply chain execution, research, and policies defines best practices for the broader high volume retailing industry worldwide. Wal-Mart is comprised of three operating segments including the Wal-Mart stores, Sam's Club and the International Stores. The typical Wal-Mart discount store as 50 departments or more and a few are offering groceries in addition to apparel, fabrics, stationery and books, shoes, house wares, hardware, electronics, home furnishings, small appliances, automotive accessories, gardening accessories, sporting goods, toys, and pet food. Wal-Mart moved into the SuperCenter retailing concept in the 1990s and has at this point 1,700 of these SuperCenters worldwide. These SuperCenters range in size from slightly over 90,000 square feet to 260,000 square feet. These are substantially larger than its normal stores, ranging in size from 90,000 square feet to 261,000 square feet. Wal-Mart also runs smaller stores called Neighborhood Markets in Alabama, Arkansas, Florida, Kansas, Kentucky, Mississippi, Oklahoma, Tennessee, Texas, and Utah. "
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Wal-Mart Stores, Inc., 2007.
A case study analysis and strategic audit of Wal-Mart Inc., including an external factor analysis summary (EXFAS), an internal factor analysis summary (IFAS), and a strategic factor analysis summary (SFAS).
4,400 words (approx. 17.6 pages), 4 sources, MLA, $ 115.95
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Abstract
This paper presents a case study regarding marketing strategies for Wal-Mart. It looks at the strategies that Wal-Mart pursued to maintain its growth and marketing leadership position. It also looks at the factors that a firm should consider in the development of its marketing strategy. It discusses the importance of changes in the external environment to an organization like Wal-Mart. Finally, it reviews Wal-Mart's financial performance and draws conclusions about the financial future of the firm. The paper also presents a current strategic analysis for Wal-Mart, in point form.
Outline:
Case Abstract
Marketing Strategies
Wal-Mart's External Environment
Wal-Mart's Financial Performance
Wal-Mart as a Predator
Strategic Audit
Current Situation
Corporate Governance
External Environment
Internal Environment
Analysis of Strategic Factors
Strategic Alternatives and Recommended Strategy
Implementation
Evaluation and Control
EFAS, IFAS and SFAS Exhibits
IFAS, EFAS and SFAS Exhibits
SFAS, EFAS and IFAS Exhibits
From the Paper
"Wal-Mart's management faced significant challenges in 2006 - challenges that could significantly affect the achievement of its growth objectives. The company was being condemned for business practices ranging from low pay and stingy health care benefits to exporting jobs and destroying small businesses. Wal-Mart was also the subject of litigation, including a class action discrimination suit. The company's second highest executive had been forced to leave the company after being convicted of fraud and tax evasion. In addition, filmmaker Robert Greenwald premiered a scathing documentary in 2005 titled, Wal-Mart: The High Cost of Low Prices."
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Wal-Mart, 2005.
This paper examines the controversial question: Is Wal-Mart's everyday low pricing policy detrimental to the economy?
6,855 words (approx. 27.4 pages), 18 sources, APA, $ 155.95
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Abstract
This paper explains that the giant retailer Wal-Mart's achievement of a long-term every day low-pricing strategy, which gives it a competitive advantage over other retailers, creates the perception of Wal-Mart as a threat to communities and the general economy. The author draws three positions from the literature regarding this controversy: (1) Wal-Mart's everyday low-pricing strategy is detrimental to the economy; (2) Wal-Mart's everyday low-pricing strategy is NOT detrimental to the economy but rather is merely a current dominating force in the historical evolution of the retail industry and (3) there are both costs and benefits to the economy as a result of Wal-Mart's every day low-pricing strategy. The paper concludes that, from an economical standpoint, Wal-Mart is not necessarily detrimental to the economy but rather is a force of change, which will continue as competitors move in and consumer demand shifts.
Table of Contents
Introduction
Analysis
Key Managerial Economic Ideas
Claims against Wal-Mart
Publication 1
Publication 2
Publication 3
Rejecting Claims against Wal-Mart
Publication 1
Publication 2
Publication 3
Perspectives
The Entrepreneur
The Small Businessperson
The Corporate Retail Manager
Evaluation
Comparing and Contrasting Publications
Faulty Reasoning
From the Paper
"Fishman (2003) comes from the supplier's side writing about those who have been detrimentally affected by Wal-Mart. Fishman is against Wal-Mart outsourcing overseas which have increased U.S. unemployment in the manufacturing sector. He blames this on Wal-Mart's "relentless push to bring every day low prices" and its enormity that allows Wal-Mart to be able to do this, and that we are "shopping ourselves out of jobs". In contrast, Anderson (2004) perceives that Wal-Mart is good for communities as it allows residents to buy more goods due to lower prices with the benefit of having a larger variety of items to choose from than before, and time saved by being able to shop at one store for all goods ("one roof"). This makes the consumer better off than before Wal-Mart moved into their community. Anderson believes that small businesses are not forced to close but rather, consumers choose to shop elsewhere."
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Target Corporation, 2002.
An overview of the structure and business workings of Target Corporation.
900 words (approx. 3.6 pages), 1 source, $ 35.95
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Abstract
This paper reports on the Target Corporation, its business structure, growth, assets, revenues and other data embodied in its Annual Report and on its website.
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Target Corporation, 2002.
An analysis of the Target corporation.
650 words (approx. 2.6 pages), 3 sources, $ 26.95
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Abstract
This paper provides an analysis of the external environment of the Target corporation and discusses the remote, industry and operating environment categories.
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Wal-Mart Innovation, 2004.
A brief history of Wal-Mart and analysis of the research and developments of Wal-Mart?s computer system.
1,136 words (approx. 4.5 pages), 2 sources, MLA, $ 39.95
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Abstract
This paper discusses how the Wal-Mart retail chain has proven itself in every domain into which it has stepped. It explores the strategies of how Wal-Mart has used research and development money to turn itself into one of the world?s leading discount retail stores. It also looks at how Wal-Mart has proven itself globally and developmentally and how it will continue to be the leader of technology in the low-cost and mass markets, exactly what it has always done best.
From the Paper
"During the past 20 years, Wal-Mart has grown to immense proportions. The entire conglomeration of Wal-Mart stores consists of retail stores, both national and international, websites, and other acquisitions and partnerships which have contributed to its global success story. In order to maintain the international rate of success which Wal-Mart has created for itself, the company must be bold, aggressive, and on the forefront of all technology. The area of research and development is a key function within Wal-Mart for the opportunities which it creates for the company?s future."
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