Discussion for Intro to Business
Part 1
Find a recent article or video describing the competition between two or more businesses. Post a link to the article or video in the discussion thread and describe in 2-5 sentences on the following:
1. The competing businesses and the products they sell
2. Which company you believe is winning the competition and why
Part 2
Read a post by one of your peers and comment in 2-5 sentences on 1 of the following:
1.Your experience with the products being sold by the competing businesses they discuss
THE POST FROM PEER :
https://www.investopedia.com/articles/active-trading/070715/target-vs-walmart-whos-winning-big-box-war.asp
The article is about Walmart and Targets competition against each other. The both sell products from beauty and clothes to food and electronics. Between these 2 companies it's very hard to decide which company is winning over the other. But I would have to say Walmart is winning, because even though is gross and net profit is a bit lower than targets because of their lowest price possible policy. It also has many more stores around the US and other countries which it gives it a better chance of selling more products and making more money, putting it ahead of the competition.