According to the Strategic Focus about Wal-Mart, the only way that Wal-Mart's competitors can survive is to further reduce their low-cost position.

Name: According to the Strategic Focus about Wal-Mart, the only way that Wal-Mart's competitors can survive is to further reduce their low-cost position.
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Reducing costs is one strategy, but competitors can also focus on differentiating their products, improving customer service, or targeting niche markets to survive against Wal-Mart.

According to the Strategic Focus About Wal-Mart, the Only Way