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Wal-Mart Strategic management vision: external opportunities

1) How well Wal-Mart has done in seizing upon external opportunities, and handled outside threats?

2) Has Wal-Mart's attempts to realize the mission and vision through dealing with exogenous threats and external opportunities that arise really worked?

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Wal-Mart is the largest retail company throughout the world, with over 971 discount stores, 2447 supercentres, 132 neighbourhood markets and 591 Sam's club s in the US. The company is spread over the 14 countries and employees almost over 2.1 million people. The company has made enormous revenue of over $378,799 million for the year end January 2008.

The company's revenue has increased by 8.6% over the previous year and the profits increased by over 7.3% over 2007. Being the largest retailing company worldwide, the company faces a lot of competition from across retailers both locally and globally. The revenue made by the company is primarily from US (Money Central, 2008).

Wal-Mart's Mission:
"To give ordinary folk the chance to buy the same thing as rich people"
Wal-Mart's Vision:
"To become the world leaders in retailing"

Below are the threats faced by the Wal-Mart:- Intense Competition: Being the best within the industry the company faces a lot of competition both locally as well as globally. The company faces a lot of competition from the major competitors like Tesco, Carrefour, Target, Sears, and a number of other local companies. Wal-Mart competes with a number of different companies which operate speciality stores, internet based retailers, catalogue retailers, wholesale clubs, and a number of other operating companies. The competition faced is very intense. This intense competition can directly affect the company's revenues and profitability. Resistance and Opposition from ...

Solution Summary

The solution provides a complete discussion of WalMart and how the company has worked on using its strengths to seize the opportunities and improve. Details of how the company faces the threats has also been provided. On the whole the paper contains, 891 words, referenced and cited with 5 references.