Purchase Solution

Wal-Mart Management

Not what you're looking for?

Ask Custom Question

part 1-

Please visit the Wal-Mart site, and identify their mission and vision, as well as their major stakeholders. (Please note that the stakeholders aren't just the shareholders. The stakeholders include everyone who is affected by the success or failure of the company.)

Please analyze how Wal-Mart represents and advances the goals of its stakeholders.

part 2-

We focus analyses of the external macro-environment, both industry, and global.

External analysis enables companies to identify threats and opportunities. Threats are conditions that preclude companies from functioning and making profits. Opportunities are conditions which enable companies to make profits.

Let us continue with Wal-Mart. Discuss the external environment for Wal-Mart, at all levels, to include the global and industry-level macro-environment

part 3-

we focus on Internal Analysis and SWOT analysis.

In week one, briefly assess the internal environment at Wal-Mart. Do not try to analyze the whole internal organization.

In week two, integrate the end result of an internal and external analysis is the identification of the company's strengths, weaknesses, opportunities, and threats. This is known as the SWOT analysis. It is very important for a company to assess its strengths so that it can use them to fight threats and take advantage of opportunities. Similarly, the company must recognize and work to shore up its weaknesses so that opportunities are not missed and threats are less likely to put the company at risk.

I am not expecting you to complete the full SWOT. Try to fully assess just one internal strength or weakness, and explain how it impacts an external opportunity or threat.

part 4-

analyze Wal-Mart's strategic choices at the business, functional, corporate and global levels. Choose one strategic choice, and identify which level it addresses. Later on in the discussion, consider whether the strategic choices are in sync with their generic strategy

part 5-

In order to implement a strategic choice, organizations use structures, control systems, HR policies, culture. Let us revisit Wal-Mart and analyze how they implement the strategies they currently pursue. Again, choose one implementation tactic, identify whether it concerns structure, controls, HR, or culture and whether or not you think it positively supports their strategy at the proper level.

Purchase this Solution

Solution Summary

Wal-Mart is discussed in great detail in this solution.

Solution Preview

part 1-

Please visit the Wal-Mart site, and identify their mission and vision, as well as their major stakeholders. (Please note that the stakeholders aren't just the shareholders. The stakeholders include everyone who is affected by the success or failure of the company.)
The mission and the purpose statement (value statement) of Wal-Mart is that we save people money so that they can live better. The purpose is that "if we work together, we'll lower the cost of living for every one... we'll give the world an opportunity to see what it's like to save and have a better life.
The major shareholders of Wal-Mart are its shareholders, its employees, its management, its suppliers, and customers.
Please analyze how Wal-Mart represents and advances the goals of its stakeholders.
Wal-Mart represents and advances the goals of its shareholders by earning a reasonable profit for them as well as conserving the capital with the company. In addition, Wal-Mart represents and advances the goals of its employees by paying them fair wages, giving good benefits, and good working conditions. In addition, Wal-Mart represents its employees by taking care of their needs and not discriminating against a particular group. It represents the interests of the management by setting them challenging targets and paying them compensation commensurate with their work. Wal-Mart represents and advances the goals of suppliers by paying them fair prices for their products and providing them a market for their goods. . Wal-Mart represents and advances the goals of customers by providing them goods and products at reasonable prices.
part 2-
We focus analyses of the external macro-environment, both industry, and global.
External analysis enables companies to identify threats and opportunities. Threats are conditions that preclude companies from functioning and making profits. Opportunities are conditions which enable companies to make profits.
Let us continue with Wal-Mart. Discuss the external environment for Wal-Mart, at all levels, to include the global and industry-level macro-environment
Wal-Mart faces a mixed macro environment. There are opportunities as well as threat. In the retail industry the employment laws are moderate and lifting of trade restrictions increases the opportunities for growth. There is political stability both on the industry level as well as on the global level. On the global level environmental laws and regulations are becoming important. These may impact the ...

Purchase this Solution


Free BrainMass Quizzes
Business Ethics Awareness Strategy

This quiz is designed to assess your current ability for determining the characteristics of ethical behavior. It is essential that leaders, managers, and employees are able to distinguish between positive and negative ethical behavior. The quicker you assess a person's ethical tendency, the awareness empowers you to develop a strategy on how to interact with them.

Introduction to Finance

This quiz test introductory finance topics.

Six Sigma for Process Improvement

A high level understanding of Six Sigma and what it is all about. This just gives you a glimpse of Six Sigma which entails more in-depth knowledge of processes and techniques.

Academic Reading and Writing: Critical Thinking

Importance of Critical Thinking

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.