Walmart Is It The Dependent Variable For Our Model

Variables Walmart revenue: This is the dependent variable for our model. It is the variable that we tried to explain using the independent variables discussed below. Competition: There are few direct competitors of Walmart like Costco. This is because most companies cannot beat the price that Walmart offers its consumers. As a big box retailer, Walmart uses its size coupled with effective supply chain management to acquire its supplies at a highly discounted price. This enables to charge very little for its consumer goods, thereby attracting a lot of consumers. Nevertheless, stores like Costco are able to compete with Walmart. The more customers Walmart loses to Costco, the lower its revenue. Therefore, we expect a negative relationship between competition and revenue. Consumer debt: When consumers have high levels of debt, they cut back on their spending in order to pay off their debt. This can positively or negatively impact the revenue company depending on its product or service. 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