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Management Principles Assignment PDF

   

Added on  2021-12-07

7 Pages697 Words46 Views
Business Development
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Running head: MANAGEMENT PRINCIPLES
Management Principles
Name of Student
Name of University
Author Note
Management Principles Assignment PDF_1

1MANAGEMENT PRINCIPLES
Table of Contents
Illustration of Value chain of Walmart......................................................................................2
SWOT analysis of Walmart.......................................................................................................3
Porter’s five-force analysis of Walmart.....................................................................................4
Reference....................................................................................................................................6
Management Principles Assignment PDF_2

2MANAGEMENT PRINCIPLES
Illustration of Value chain of Walmart
The value chain analysis of Walmart can be conducted by taking into consideration
the important elements of the concept.
Secondary activities
Firm infrastructure: The firm infrastructure is high with the existence of 2485
Walmart stores all over the world (Walmart.com, 2018).
Human resource management: Employees are provided with competitive wages and
benefits. Walmart also has a comprehensive recruitment programme that helps it to continue
and develop its business.
Technological development: Advanced technology links every activity of Walmart
with its supply chain with the effective use of e-business and electronic data interchange.
Procurement: A good relationship with the suppliers allows Walmart to keep a low
cost of material with the intake of standard products as mentioned in the supplier’s code
(Walmart.com, 2018).
Primary activities
Inbound logistics: Suppliers are the key stakeholders that provide success for
Walmart. The financial influence and firm size helps Walmart to negotiate with the suppliers
in terms of setting low prices.
Operations: The operations of Walmart are spread across 28 countries and the recent
growth of retail markets has helped Walmart in its development as well (Walmart.com,
2018).
Management Principles Assignment PDF_3

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