Walmart essentially has a foul image to most consumers, and that thus creates a negative stigma regarding working there.
Recommended Corporate Strategy
Based on all the intelligence gathered on Walmart the most vital corporate strategy it needs to engage in would be one which works hard to change its image. As already established, Walmart is essentially neck and neck with its major competitors on a price-based aspect; one could argue that the element which really deters people from shopping there is knowing that it doesn't treat its employees well. Many people view Walmart as a cold, unfeeling corporation that would rather line the pockets of its executives than give the people who do the really back-breaking work, a livable wage. In this era of the Internet, when information is readily at people's fingertips, and more and more shoppers are becoming educated, Walmart cannot afford to engage in such unpalatable business practices. Walmart needs to aggressively, pay its employees better, and change its image by donating to schools, human rights and relief organizations in the U.S. And abroad.
References
Wal Mart Organizational Analysis WalMart Stores (NYSE: WMT) is the worlds leading mass merchandiser with global supply chain partners and a logistics network that rivals United Parcel Service and Federal Express. The market structure of the global mass merchandising industry continues to favor those retailers who have deep expertise in logistics, supply chain, pricing and vendor management (Zhu, Singh, Manuszak, 2009). WalMart excels on all of these dimensions, which provides international
Walmart Internal An Internal Analysis of the Wal-Mart Corporation The Wal-Mart Corporation is among the most successful, recognizable and notorious brand names. The chain of retail stores is associated with low prices, convenient one-stop shopping and geographically permeating accessibility. However, the retail chain is also frequently associated with a poor record on labor rights, negative performance in environmental categories, destructive community orientation, abuse of human rights in its developing sphere production operations,
Critically assess any additional logistics strategy approaches that could have been used to develop existing logistics capabilities. The company initially failed to adopt flexible strategic approaches to its logistical needs in its international operations based on longstanding corporate practices and an ingrained organizational culture. According to Canals, "Marks & Spencer's growth was based upon the values and policies that had served it so well for so many years. Its achievements were
Walmart's Comprehensive Management Plan: Walmart is a public multinational corporation based in America that deals with chains of large discount department and warehouse stores. Based on the ratings by Forbes Global 2000 list, Walmart is considered as the 18th largest public corporation across the globe and the largest when rated by revenue. In addition to being the largest company in the world, Walmart is the biggest private employer across the globe
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Strategic Management The concept of strategic management is one that is highly important to organizations around the world (David, 2009). It involves taking a look at the top management of a company and the resources that management team is using on behalf of the company's owners and in order to show a specific level of performance. The mission, vision, and objectives of the organization must be examined, and it is necessary
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