DOLLAR GENERAL FIRM REPORT
Table of Contents
ANALYZING THE INDUSTRY5
UNDERSTANDING DOLLARS GENERAL'S BUSINESS STRATEGY6
DISCOVERING COMPETITIVE ADVANTAGE7
CONTRASTING SMALL AND LARGE FIRMS9
ADVANTAGES OF THE TINY FIRM9
DISADVANTAGES OF THE LITTLE FIRM9
TRYING TO THE FUTURE10
Appendices Stand of Items
APPENDIX A вЂ“ PORTER'S FIVE FORCESвЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦... вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦.. I APPENDIX B вЂ“ PORTER'S GENERIC STRATEGIESвЂ¦. вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦. Versus APPENDIX C вЂ“ STAKEHOLDER'S ANALYSISвЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦. вЂ¦вЂ¦VII APPENDIX D вЂ“ WORLDWIDE BUSINESSвЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦. X APPENDIX Elizabeth вЂ“ SWOT ANALYSISвЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦XII APPENDIX F вЂ“ MISвЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦.. XV APPENDIX G вЂ“ ITEM COMPARISON CHARTвЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦... XIX APPENDIX H вЂ“ INDUSTRY EXAMINATION CHARTвЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦. XXI APPENDIX My spouse and i вЂ“ MISSION STATEMENTSвЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦XXIV APPENDIX J вЂ“ STORE POSITION MAPSвЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦. XXVI APPENDIX T вЂ“ 2004 VALUE RANGE REPORTвЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦. XXIX APPENDIX L вЂ“ BUSINESS LAW CONSIDERATIONSвЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦вЂ¦. XXXI
The purpose of this report should be to determine whether Dollar Basic (DG) has got the right technique to maintain a sustainable competitive advantage inside its market. Also, the report can discuss how small organizations, such as DG, are able to take on larger companies, such as Wal-Mart. In this statement, recommendations are given to guideline DG in obtaining a eco friendly competitive benefit in the price cut retail sector.
Analyzing the Industry
The first step to understanding a company should be to examine their industry. There are four key areas to consider the moment analyzing a market. These include:
How that these several factors interrelate determine how well a business will do in the particular industry. Understanding Dollar General's Business Technique
Every small business a strategy to direct it towards achieving a competitive benefits within its industry. DG's current business strategy is growth. A few growth pursuits include:
Clearly, simply by continuing to pay attention to these expansion initiatives, DG can continue to further increase the profits and success on the market. DG's growth strategy provides it with a competitive advantage more than its rivals, who are not expanding perfectly rate. Checking out Competitive Benefit
DG includes a current competitive advantage within just its sector. DG keeps this benefits through a exclusive cost-efficient way. This cheap structure is usually apparent through low inventories, low advertising costs, and placement of retailers in countryside areas. Nevertheless profitable in the short-run, its current advantage is certainly not sustainable. It is not sustainable because of:
вЂўrivals' similar competitive strategies
вЂўlow barriers of entry into the market
вЂўthe lack of a difference strategy
The moment examining competitive advantage, also, it is important to consider the market and take into account the existing competition against larger businesses.
Comparing Minor and major Firms
Tiny firms frequently find it difficult to compete with larger businesses. Though there are some disadvantages DG will never be in a position to overcome because of its size, small firms possess advantages more than their greater counterparts.
In order for a small organization, such as DG, to contend with larger businesses, there are many solutions.
Trying to the Future
There are numerous ways that DG can improve profitability and success. A number of which include:
вЂўrepositioning itself available in the market
вЂўenhancing customer satisfaction
вЂўpromoting the 50th Wedding anniversary
By taking these recommendations into...