Essay on Case Study for Family Dollar Stores

820 Words 4 Pages

The purpose of this case study is to identify and present the factors that contribute to Family Dollar’s success through quantitative measures of internal data, external data, and common sense assumptions. The study consists of several parts, each with a distinctive purpose: • Mission Statement – provides a description of what Family Dollar seeks to accomplish on a day-to-day basis and sets the standard for quantitative performance measures. • External Factor Evaluation (EFE) Matrix – outlines the opportunities and threats that could affect the company and rates Family Dollar’s current performance in addressing those factors. • Competitive Profile Matrix – outlines the success factors that are critical
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|0.12 |3 |0.36 |
|Median household income decreased by 2.3 percent over the past year.1 |0.10 |4 |0.40 |
|Montana, Washington, Oregon, and California represent opportunities for expansion. |0.09 |3 |0.27 |
|Middle-class people are now more prone to shop at discounters. |0.08 |3 |0.24 |
|Commercial real estate prices are down by 13% over the past year.2 |0.07 |4 |0.28 |
|New technologies may reduce operating costs throughout the supply chain. |0.07 |4 |0.28 |
|The value of the dollar continues to

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