Walmart Business Analysis

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Wal-Mart Business Analysis III Cheryl Horvat MGT521 May 21, 2012 Brian Fansler Preface In any organization, strategy management is the key to its success. There are many theories in this area but without a proper strategy and implementation, it is difficult to survive no matter the industry or size company. Wal-Mart is the largest retail company in the world (Data Monitor, 2011. Wal-Mart is the #1 Fortune 500 Company two years running and named America’s Biggest Company (CNN, 2012). Wal-Mart is successful not only because it makes sound strategic management decisions but also for its innovative implementation of those strategic decisions. The rapid growth strategy is a major factor in the continued growth in the demand for the company's products because the company's reputation of the lowest prices precedes its entry into new markets. The future also looks bright for Wal-Mart, especially if it can strike a comfortable balance between increasing its profits and recognizing its social and ethical responsibilities. Especially, because many in retail see Wal-Mart as a corporate bully that destroys communities and lacks in workers equality rights. This three part business analysis on Wal-Mart has dissected the successful strategy. Part one was a SWOT analysis emphasizing the company's strengths weaknesses, opportunities, and threats. Part two was a strong financial analysis of Wal-Mart. This paper, part three, is a close look at the company's strategies and tactics it has used and should use in its future for the changing market place. There is a section on organization strategy, operational strategy, economic trends, and HR roles. Organizational strategy Wal-Mart strives on two strategies consisting of Focus Strategy and cost leadership ("Strategic Management: A Case Study Of Wal-Mart Inc.," 2009). The Focus strategy is described as concentrating on

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