Wal-Mart Stores, Inc.

Executive Summary

The paper is an in depth study of Wal-Mart and its business practices. Wal-Mart is the world's largest company, the largest private employer in the world, the eighth buyer of Chinese products (to Russia and the United Kingdom). Wal-Mart is one of the most famous and well known retail stores of the world. It continues to display innovation in marketing strategies. It is the largest distribution network, representing 67.2% of sales in fiscal 2006. However, to be successful in business, they also need to give prime importance in understanding the greater impact of their business all over the world. Wal-Mart being an oligopoly continues to open up more stores in US and worldwide through using up the strategic pricing.

Executive Summary2

Introduction5

Historical Background5

Activity6

Mission6

Respect for the Individual6

Customer service6

Achieving excellence7

Vision7

What We Do7

Economic Opportunity7

Use Of Generic Strategy Model For Analysis Of Competitor Activity And Charting Of Future Growth8

1.Resource allocation:9

2.Adapting the environment:9

3.Internal coordination of all departments and divisions:9

Their Impact and Management Practices10

Low Price Strategy10

SWOT Analysis11

Social Factors11

Economic Factors11

Technological Factors11

Legal Factors12

Internal Analysis12

Strengths Of The Company12

Store Locations12

Weaknesses Of The Company13

Analysis of the forces14

Competitors14

Potential Entrants14

Customers and Their Bargaining Power14

Suppliers and Their Bargaining Power15

Performance Evaluation of Walmart15

Analyzing People, Organization and Technology- Success Factor & Current Issue16

Inspirational Leader16

Macroeconomic Forecast of Economic Indicators17

Recommended Growth Strategies17

Strategic Direction18

Wal-Mart Stores, Inc.

Introduction

Wal-Mart is the world's largest company, the largest private employer in the world, the eighth buyer of Chinese products (to Russia and the United Kingdom). The turnover of the Wal-Mart exceeds the GDP of Switzerland, its IT budget greater than that of NASA, the financial wealth of the heirs of Sam Walton that is the founder is two times higher than Bill Rates but behind these superlatives lies the story of a very unique company in Arkansas that, in the space of 40 years, has revolutionized the old Fordist models of work organization and largely reconfigured friend reports producers and retailers the entire U.S. economy. The success and political influence of this giant company allow it to redraw the city plans to determine the real minimum wage, to break unions, to define the contours of popular culture to influence capital flows in world, and maintain what amounts to diplomatic relations with dozens of countries (Thorelli, 1996). While the margin of man moving works of governments remains limited, Wal-Mart now seems to have more influence than any institution, not only on whole sectors of American social and industrial policy, but also on the model of life and global consumption, extremist and family owned.

Historical Background

Wal-Mart Stores United States Retailing American Company, one of the world's largest retailers. The company's headquarters is located in Bentonville, Arkansas. The company moved into first place in the Fortune Global. The history of the company started back in 1962. It was created by Sam Walton (Walton) and because of it is by far the largest operator of retail trade networks that operate around the world.

Activity

Activity of the company Wal-Mart Stores covers the following objects: the supermarkets and hypermarkets and small shops, and even web-retail ...