Source Evaluation Essay Example | Topics and Well Written Essays - 750 words - 6

Source Evaluation - Essay ExampleEssentials of strategical Management is a comprehensive summary of the book Strategic Management An Integrated Approach written by the same authors. The book follows a structure that is also used in the larger adaptation in order to assist learners in the identification and the emphasis of key concepts in more brief and updated slipway. The presentation of text in this book is founded on real world practices as well as contemporary thinking and features an increased importance on the concept of business shapes as a way of life of perceiving the issues of competitive advantage. The book also features progressive research, a newer strategic management theory as well as a hand-on approach that allows the reader to explore the main themes in management such as corporate performance, technology as well as business ethics among others. Additionally, it also it also includes a high quality case program that examines companies of different sizes domes tically and globally so that readers may bring home the bacon an experience as they put chapter concepts into practical events in a number of occurrences.Charles Hill and Gareth Jones consider Wal-Marts business model as being based on purchasing goods from suppliers at the lowest range realizable and then reselling the same products to its customers at profitable prices that are as low as possible (120). The company has come up with strategies that have enabled it to position in a manner that keeps operating be at the minimum in order to ensure that customers get the lowest prices on a effortless basis with continuous price rollbacks. From inception, the company has been using strategies that increase its efficiency in various ways including ensuring low product differentiation as well as targeting mass markets. Wal-Marts business model that is based on discounts for its retail customers is founded on the idea that low costs will result in lower prices.After identify ways of