Organizational Skills

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(growth concentration): 66 Advantages (growth diversification): 67 Disadvantages (growth diversification): 68 RETRENCHMENT 69 STABILITY STRATEGY 70 COMPETITIVE STRATEGIES 70 DIFFERENTIATION 71 FOCUS 71 IMPLEMENTATION 72 CONCLUSIONS 75 BIBLIOGRAPHY 77 APPENDIX 82 Table of Figures FIGURE 1 - INVENTORY TURNOVER 52 FIGURE 2 - CURRENT RATIO 53 FIGURE 3 - DEBT / EQUITY RATIO 55 FIGURE 4 - NET PROFIT MARGIN 57 FIGURE 5 - RETURN ON ASSETS 58 The Retail Drugstore Industry Introduction Knowing the importance of a strategic vision, every company undertakes a complete analysis periodically. In order to create a strategic plan the parties involved must know every aspect of the industry and the company at hand. The purpose of this paper is to describe and analyze the retail drugstore industry and then focus on Walgreens, the industry leader in terms of sales. As part of the in-depth analysis of Walgreens, its major competitors will also be described and analyzed. The retail drugstore ...

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increased the variety of their retail product offerings. The sale of cosmetics, along with health and beauty aids, has become an important profit generator for retail drugstores. Many are now also positioning themselves to compete with convenience stores by offering snack food items, beverages, and staple items. The move to stand-alone stores located on major roads with ample, close-in parking has been an important factor contributing to convenience. Customers: As indicated by the type of competition seen in the retail drugstore industry, the target market is very broad. The target market for prescription drugs includes almost nearly all peoples. Currently, the most frequent users ...

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