The application of game theory in business is a natural, as it serves to answer the central question “What are my opponents thinking and what is their next move?” Chess masters know how to think a few moves ahead, and …
Walmart is a retail Goliath. The company operates:
11,000 stores in 27 countries,
E-commerce websites in 10 countries,
630 U.S. Sam’s Club warehouse stores,
And grocery stores through 3,267 Supercenters and 322 Neighborhood Markets.
Enter the dollar store. It doesn’t look like much from the …
Organizational leaders are often so focused on handling the many surface-level problems they must deal with, that they lose sight of the big picture. Yet, by taking a more expansive view one can gain true control of a market.
This …
