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Walmart Assessment: Strategies, Environment, Stakeholders, and Recommendations

   

Added on  2022-11-13

11 Pages2166 Words335 Views
RUNNING HEAD: WALMART ASSESMENT
Introduction to Management
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WALMART ASSESMENT 1
Contents
Summary..........................................................................................................................................2
Strategies for SWOT usage.............................................................................................................2
Environmental Constraints..............................................................................................................3
Internal environment....................................................................................................................3
External Environment and its analysis.........................................................................................4
Stakeholders.....................................................................................................................................5
Organizational Structure and Design...............................................................................................6
Organizational chart.....................................................................................................................6
Organization structure..................................................................................................................7
Motivating Employees.....................................................................................................................7
Recommendation.............................................................................................................................7
Control and Recommendation.........................................................................................................8
Bibliography....................................................................................................................................9

WALMART ASSESMENT 2
Summary
The previous research report was prepared on ‘Walmart’. It is a recognized American
retail stores offering wide variety of products including groceries, home decor and electronics.
Additionally, it also serves the consumers through online channels and from its website. Its
customer base was middle and upper class consumers as it offers wide variety of products
differing in price. Its mission was ‘saving people money’ whereas its core value is to provide the
customer with low priced product so they can save money and live better. The vision of the
company is to be an appropriate destination that enables the potential customers in cost saving
regardless of the product shopping.
Walmart Corporate Level Strategies includes enhancing its profit by offering better
product quality, sustainability in the exiting market rather than expanding and investing in the
new country. Moreover, it is focusing on the recruitment of skilled human resource and
developing trainings to improve the efficiency of exiting employees in the Walmart. Its Business
Level Strategies includes giving high competition to the other retailors by adopting cost
leadership strategy. Lastly, it also includes the strength, weakness opportunities and threats of the
company in the environment.
The analysis report deals with formulating strategies for the SWOT done previously. It
also includes determining the environmental constraints, stakeholders and organizational
structure of the Walmart. Moreover, it also comprises of the usage of motivation theory for
enhancing employee motivation with suitable recommendations.
Strategies for SWOT usage
1. ‘Walmart’ recognized brand name in the international environment would help the
company to establish its retail stores in other countries. It will save the marketing cost of
the company to a huge extent.
2. The better economies of scale would further help the company to overcome from the
emerging new competitor in the market.

WALMART ASSESMENT 3
3. It was assed that Walmart has a reliable Information System as it perform the functions of
monitoring order and managing sales. Thus, it can be help in minimizing the need of the
human resource in the company.
4. The availability of selling diversified products would help the company in inviting the
other brands product in its retail stores. Additionally, it removes the dependence on one
major supplier.
The ‘Weakness’ of low morale employees and poor retail store atmosphere can be
overcome by developing monthly reward based activities for the staff and customers in the retail
stores. The ‘Opportunity’ of emerging in developed countries can be availed by establishing its
services in online channels of the host country. The ‘Threat’ of change in customer preference
can be overcome by assuring the regular customers with the product quality. It should also
develop a scheme of ‘Product exchange’ for customers facing issue with the product quality.
Additionally, the risk of competition can be ignored by offering the customers with the timely
discounts and product schemes.
Environmental Constraints
Internal environment
Figure1: Walmart Employee Review

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