Internal Analysis of Wal-Mart (Analyzing Resources)8
Financial Resources8
Human Resources9
Physical Resources10
Intellectual or Intangible Resources10
Wal-Mart's PEST Analysis10
Political Influences10
Economic Influences11
Social Influences11
Technological Influences11
Key learning11
Porter's Five Forces For Wal-Mart Inc12
Threats from competitors (Medium pressure)12
Rivalry Among Developed Companies (Medium Pressure)12
Buyers Bargaining Power (Low Pressure)13
Suppliers Bargaining Power (Low To Medium Pressure)13
Bargaining Power Of Substitute Products (Low Pressure)13
The complementors (Low pressure)14
SWOT Analysis of Wal-Mart Inc15
Value Chain Analysis Of Wal-Mart Inc16
Inbound Logistics16
Operations16
Outbound Logistics17
Marketing and Sales17
Infrastructure17
Human Resource Management18
Technology Development18
Procurement18
Strategies of Wal-Mart19
Cost leadership19
Differentiation19
Focus20
Wal-Mart Translation Strategy20
Competitive Advantage Of Wal-Mart21
Conclusion And Recommendation22
Summary23
Analysis of Wal-Mart
Introduction
In the study of Porter (2002), it is stated that the main cause of the problem positions in the deficiency of characterizing between strategies and the effectiveness of the operations. The mission for quality, efficiency and speed has a consequence in the tools and techniques of the management, benchmarking of the management of the total quality, competition on the basis of time, outsourcing, re-engineering, partnering, and the management change. The strategy management is the main source of success for organizations. The numbers of theories are based on the suppositions that it is not easy for any one industry to endure irrespective of the size of the industry without proper planning and strategy. With the help of effective “strategic planning and implementation”, the major organizations have recognized themselves in the industry. The retail industry is also emerging with the passage of time, and the number of outlets and businesses are expanding in this industry with the proper strategic management of the organizations. Wal-Mart, which is US based organization of retail industry, recognized as the gigantic in the industry of retail and become the enormous corporation in the globe which is dealing with almost all of the products of apparels, F7B, etc. Wal-Mart is not just the biggest enterprise in the globe but also the leading organization in the worlds' history (Fishman, 2006).
The given paper is divided into different parts and gives the results related to the effectiveness of the Wal-Mart and what are the competencies of the Wal-Mart which are making it the leading company of the industry. The details of the retail industry, competitive strategies of Wal-Mart and its key components, different strategies, environmental analysis, and other performances of the company are discussed in this proposal.
Problem Statement
The most appropriate way to define the problems which are facing by the Wal-Mart is the deficiency of become capable to or presently not executing their own proposed motto that the 'customers are for all time right'. Even though, consumers are not all the time on the right point, authorities at Wal-Mart enterprise should treated individuals, public, audience, employees and customers with admiration and respect. Here, we are focusing on the effectiveness of the Wal-Mart that how the company is advantageously treating its stakeholder and attain and maintaining its competitive advantage in the retail industry.