Impact of Government Regulations on Walmart - Report

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Added on 2020-01-07

Impact of Government Regulations on Walmart - Report

Added on 2020-01-07

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Impact of Government Regulations on Walmart - Report_1

TABLE OF CONTENTSIntroduction .....................................................................................................................................3Impact of PESTEL factors and competitors behaviour on Walmart ..............................................3Introduction .................................................................................................................................3Conclusion ..................................................................................................................................4Recommendation.........................................................................................................................4Strategic tool to explain Walmart....................................................................................................4Critical analysis of the use of Pestle framework..........................................................................5Research into Walmart's annual report .......................................................................................6How Walmart should response back to changing business environment........................................6Recommendations........................................................................................................................7Conclusion ......................................................................................................................................7References........................................................................................................................................82

Impact of Government Regulations on Walmart - Report_2

INTRODUCTION In the current scenario, business strategies play very important role in growth and successof any organization. Further it can be defined as the action plan developed by companies toachieve their aim and objectives (Casadesus-Masanell and Ricart, 2010). The present report isbased on Walmart which is among the fortune 500 organizations that are operating in UK.Established in the year 1962, Walmart is an American based multinational retail corporationwhich consist of chain of grocery stores, hypermarkets and discount departmental stores(Walmart UK, 2016). This report explains impact of government regulations, interest rates anddemographics factors on Walmart. Other than this, it covers various aspects of businessstrategies associated with the organization.IMPACT OF PESTEL FACTORS AND COMPETITORS BEHAVIOUR ON WALMART Introduction Business enterprise gets affected by various kind of changes which happen in thebusiness environment where it operates (Richardson, 2008). Being a global retailer, Walmart isrequired to identify various factors that are affecting its operations and activities. Further on thebasis of this identification, appropriate strategies are required to be developed by the retailer.This will help Walmart to lower down the negative impact of environmental changes. PESTEL factors consist of various environmental factors such as political, social,economical, technological, environmental and legal which affects the operations of anorganization. Any kind of change in the regulations of government encourages Walmart tochange its existing plans and policies. In the last three years, UK government has become morestrict in terms of labour and employment related law. The interest rates of 0.5% has helpedWalmart to carry out all its operations smoothly. Along with this, the changing rates of incometax has also affected the sales and profits of Walmart. In the year 2014, the economy of UK grewwith the rate of 2.6% which has increased sales of the organization (UK Economic OutlookMarch 2015: Summary report, 2015). Social factors such as increasing income level and healthylifestyle has provided Walmart with adequate opportunities with regards to growth anddevelopment. In last three years, technological up-gradations has helped the organization in3

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Impact of Government Regulations on Walmart - Report