Walmart
Title: Walmart
Category: /Entertainment/Movies & Film
Details: Words: 866 | Pages: 3 (approximately 235 words/page)
Walmart
Category: /Entertainment/Movies & Film
Details: Words: 866 | Pages: 3 (approximately 235 words/page)
Mission:
To provide everyday low-prices on their products as well as a customer friendly store environment with a strong emphasis on customer satisfaction.
Objectives:
To grow at double digit rates for the foreseeable future and propel Wal-Mart's revenues past $500billion by 2010.
Current Strategy
Porter's Generic Competitive Strategies
Competitive Advantage
*Wal-Mart was widely seen by consumers by being the lowest priced general merchandise retailer in the market. Prices of its grocery items were 8-27% below other
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more productive then supermarkets.
Threats
Pressure to meet analysts' expectations
<Tab/>*The consistently strong position which Wal-Mart hold may appear to offer little room for growth, thus looking less than appealing as a growth stock.
Competition
<Tab/>*The diversity of Wal-Mart store formats also means that they have to compete with different stores that are mostly national or regional chains. Wal-Mart also competes for new store sites.