How can Wal-Mart use its strengths in order to take advantage of opportunities in the environment? How can it strengthen weaknesses and avoid threats in the environment? Can it continue to grow?
? I need help in performing an Internal Analysis at Wal-Mart, identifying its Weaknesses and Strengths.
? Then Identify Opportunities and Threats in the External Environment.
? Perform a SWOT analysis at Wal-Mart!
How can Wal-Mart use its strengths in order to take advantage of opportunities in the environment?
Wal-Mart can use its strengths in order to take advantage of opportunities in the environment. Currently, the opportunities are the present economic downturn has reduced the incomes of people that want to shop at discount stores and get bargains, this is an excellent opportunity for Wal-Mart, the current state of the economy has opened opportunities for Wal-Mart to source its supplies at even lower prices enabling it to offer even better bargains to its customers. The current economy has thrown out of business several large retailers. This has provided Wal-Mart an opportunity to grow its customer base. As price increases have stalled and the prices are declining, Wal-Mart gets the opportunity of offering even greater discounts to its customers.
What are the strengths of Wal-Mart? Its formidable reputation for providing value for money is its greatest strength. This strength will help Wal-Mart to attract more customers during the present situation were disposable incomes are falling. Wal-Mart has the strength of size and global expansion. The current economic situation enables it to source its products at even lower prices because of its size. Wal-Mart has the strength of a powerful human resources management policy. This system will gain in an environment where the rate of unemployment is rising. The company has the strength of using information technology for supporting international procurement and sourcing. This strength will help it grab excellent international opportunities of low cost procurement.
How can it strengthen weaknesses and avoid threats in the ...
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