To what extent is Wal-Marts performance attributable to industry attractiveness and to what extent to competitive advantage? Wal-Mart is a company which operates in the service sector, more specifically in the Discount, Variety Stores/Retail industry. The companys superior performance is demonstrated through the fact that it was Americas largest company in 2002, and the reputation of the company is reflected in the opinion of Fortune who have identified Wal-Mart as one of the worlds most admired companies. In 2004 Wal-Mart had been hiring 1.4 million employees making it the largest corporation in the world. Wal-Marts share prices have also been stable at time of stock market volatility. There are several reasons behind Wal-Marts breathtaking results, most of them coming from the fact that Wal-Mart had been able to combine industry attractiveness with its competitive advantages
