SWOT Analysis: Wal-Mart
Introduction
SWOT analysis is one the study commenced by an organization to detect its internal strengths and weaknesses, as well as its external opportunities and threats. Going forward, SWOT analysis gives way for an organization to ascertain the fact concerning the organization position on both the its current situation and future situation. For an organization to succeed and overcome its competitors, examining the strength, weakness, opportunities, threats. Of its internal and external could be one of the tipping point to either succeed of surrender to competitors. In this paper SWOT analysis is going be use to establish the cause and effect of Walmart.
Environmental Analysis
There is numerous factor that could affect the appreciation
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According to Wal-Mart Stores, Inc. SWOT Analysis. (2016) “Wal-Mart is the largest retailer in the world. The company was featured among the top three largest corporations in the US, as well as among the top three world 's largest corporations in the rankings released by a business magazine in 2015”. The growth rate, poverty rate and employment rate, inflation rate and income distribution also affect the growth strategy of Wal-Mart in a significant way. Wal-Mart and other retail chains are also affected by these changes of economic recession
External
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Has a strong foundation for growth as the US market continue to resurrect. Big box retailing diminishes market patronage Ability for employees to rise As cultural diversity increases the more difficult getting all customers want. Demand for organic food is on the increase
Technology Speed up associate and customer transactions Avoidance of risk due to hacker’s interference Easy access of buying stuff online Easier site accessibility to other competitors. Customer like to transact business online nowadays
Structure New division will excel due to a well thought out strategic plan Any unforeseen circumstance to impede progress. Massive progress in all aspect Short cut of employees is worrying Companies with a good design structure likely to have more patronage
How well the organization adapts to change
Change is unavoidable in every organizations, therefore the needs to embraced. Wal-Mart has had its share of difficulties when it comes to embracing change in a unit. Though, in my understanding, Wal-Mart made the best interchange in trying to consider change in the different practical
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