Sunday, February 2, 2020
Walmart. Final project Lab Report Example | Topics and Well Written Essays - 1250 words
Walmart. Final project - Lab Report Example SWOT analysis refers to the evaluation of an organization strengths, weaknesses, opportunities, and threats. A SWOT analysis offers an insight into an organization management strategy and the potential for success. Wal-Mart is an international company that provides home-based products at affordable prices. The company utilizes its strength in each of the market distributed worldwide, to meet the demands of their international and regional consumers. This paper seeks to provide a strategic insight of the company and a detailed SWOT analysis. Wal-Mart is a large wholesale distributor in the world that can afford modern construction technologies. For instance, during the year 2011, the company was ranked position one by Fortune 500 (Morse & Glassman, 30-40). Its operations are distributed worldwide and there is no worthy rival. Owing to its large influence on the market, Wal-Mart has the potential to replicate its best architectural techniques in all its stalls across the world (Roberts & Berg, 40). Wal-Mart uses variety of construction materials such as red bricks, steel-iron alloys, and coagulated tiles. In addition, it can suit its construction model with its retail products that cover cuts across different categories including apparels, domestic wares, and grocery. Wal-Martââ¬â¢s dominant position allows it to benefit from high sales volume. In general, Wal-Martââ¬â¢s strength includes international operations, scale of operations, wide range of products and cost leadership strategy (Hicks, 20-25). Wal-Mart is large supplier of domestic products and operates vast centers that require large construction space. This acts as a disadvantage as the company limit cannot expand beyond urban areas due to space. Research has shown that Wal-Mart has experienced loss in its store sales for the last eight years due to limited space (Kneer, 24). As such, Wal-Mart is required to develop new stores to accommodate fully its strengths concentrated in urban areas. This is
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