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Foundations and Challenges in Strategic Management; Walmart

In a narrative format, discuss Walmart from a strategic perspective. Information concerning recent changes in the firms is readily available online and should be accessed. Strategic issues should be discussed in "real time." The solution is over 400 words and includes three references.

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In 2009, Walmart engaged in a strategic initiative that remains three years later: Save Money, Live Better (Murray). This "tag line" is prominent on the company's website, in print ads and even televised and/or radio commercials. The strategic perspective for this initiative is to ensure that Walmart is the price leader, offering name brands at a low cost and consumer value through their own private label at substantial savings over competitors. This is vital when competitors like Target and K-Mart exist. In August 2012, as the new school year is fast approaching, Walmart expands its strategic "motto" with "More school for your money" (Walmart). Name brand notebooks ...

Solution Summary

This narrative solution provides an analysis of strategic management and challenges faced by Walmart. The solution is over 400 words and contains three references.