Chapter 3, Problem 14CSQ

Explanation of Solution

Comparison of Wal-Mart and Amazon business model along with their business strategy:

• Walmart has built its empire in the form of stores but it is now being forced to introduce with the online shopping based on the success that is obtained with the Amazon Internet shopping.
• Amazon much concentrates towards the business through the corporate resources that is present but does not have a traditional brick and motor store.
• Amazon attracts much of its customer and new customers by providing low price shipping through its prime annual subscription. The shipping cost is comparatively lower than the Walmart’s. The shipping charge is $3 to $4 per packing whereas Walmart charges $5 to $7 per shipping...