Access over 20 million homework & study documents

Dollar General

Content type
User Generated
Subject
Management
Type
Homework
Rating
Showing Page:
1/7
DOLLAR GENERAL 1
Dollar General
Students Name
University Affiliation

Sign up to view the full document!

lock_open Sign Up
Showing Page:
2/7
DOLLAR GENERAL 2
Dollar General is known as the biggest dollar store chain found in the United States. The
company is at the forefront of innovations in the dollar store sector. Dollar General is leads line
in when it comes to consumer-enabling technology, the company is at the top. To add on the
company pioneered the unveiling of a fully-functional suite of native mobile applications for
Android and iOS. Dollar General Company is ranked among the top three companies that have
so far been able to give competition to Wal-Mart in matters of sales and revenue. The year 2006
and 2007 were the best season for the company. At this time the company made its mark when it
doubled its revenue up to the amount of $9.2 billion dollars to add to the fact that they opened
about a thousand different stores in most states. The strategy of cost advantage is credited for the
enormous success of The Dollar General Company. By being able to reduce it variable and fixed
costs, the company has been able to increase its profits. Better technology, improved store
management and good merchandising are the methods that have been used to bring more profit
to the company. Despite the evidenced successes and achievements, the company still faces
challenges in provision of products and services in the international market. The paper is
therefore going to discuss Dollar General Key challenges and available solution to these
challenges.
One of the challenges the company faces is of being able to devise new ways of
competing with other major companies. Dollar General Company desire to move beyond their
current niche in order to increase and expand their market base. By encouraging innovation the
company ensures progress. Such a move will necessitate them to be able to compete with big
stores like Wal-Mart. in order to ensure that they maintain relevance in the current market, the
company is tasked with coming up with new and unique ideas. Also they ought to offer better
alternatives for products in the market as compared to what other companies are offering.

Sign up to view the full document!

lock_open Sign Up
Showing Page:
3/7

Sign up to view the full document!

lock_open Sign Up
End of Preview - Want to read all 7 pages?
Access Now
Unformatted Attachment Preview
1 DOLLAR GENERAL Dollar General Students Name University Affiliation DOLLAR GENERAL 2 Dollar General is known as the biggest dollar store chain found in the United States. The company is at the forefront of innovations in the dollar store sector. Dollar General is leads line in when it comes to consumer-enabling technology, the company is at the top. To add on the company pioneered the unveiling of a fully-functional suite of native mobile applications for Android and iOS. Dollar General Company is ranked among the top three companies that have so far been able to give competition to Wal-Mart in matters of sales and revenue. The year 2006 and 2007 were the best season for the company. At this time the company made its mark when it doubled its revenue up to the amount of $9.2 billion dollars to add to the fact that they opened about a thousand different stores in most states. The strategy of cost advantage is credited for the enormous success of The Dollar General Company. By being able to reduce it variable and fixed costs, the company has been able to increase its profits. Better technology, improved store management and good merchandising are the methods that have been used to bring more profit to the company. Despite the evidenced successes and achievements, the company still faces challenges in provision of products and services in the international market. The paper is therefore going to discuss Dollar General Key challenges and available solution to these challeng ...
Purchase document to see full attachment
User generated content is uploaded by users for the purposes of learning and should be used following Studypool's honor code & terms of service.

Anonymous
This is great! Exactly what I wanted.

Studypool
4.7
Trustpilot
4.5
Sitejabber
4.4