State two examples of business segments and explain why these would be feasible business segments. You can use examples from your work or pick a publicly held company and describe the segments that company may have.
Walmart (Domestic based) U.S. segment: It consists of retail stores and digital retail operations in the United States.
Walmart International (Foreign) segment: It consists of operations outside of the U.S. and involves retail, wholesale, and others in other countries of the world.
Factors which makes them feasible:
· Market segments are feasible because it is single business or collection of related businesses which offer scope for independent planning.
· And each segment will have its own distinct set of competitors which helps to compete with them in achieving target returns.
· Each segment (SBU) will have CEO who is responsible for strategic planning and profit performance of segment.
· All these factors makes them feasible segments.
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