Preview

Walmart's Sustainable Core Competencies

Satisfactory Essays
Open Document
Open Document
155 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Walmart's Sustainable Core Competencies
According to VRIN analysis, Wal-Mart’s work environment and management disciplines are distinguishable. Although at the first view the company’s competencies sound temporary, these competencies form a sustainable core competency for Wal-Mart’s superior profitability. In order for a competing firm or a potential entrant to compete, it requires a very strong financial capability to invest in integrated technology of supply chain and superior logistics system. It is also very difficult for any company in the industry to achieve the large sales volume like Wal-Mart does to have such a bargaining power over suppliers. The structure of the company’s management and communication styles, operation autonomy inside Wal-Mart, and management team though
Continue Reading
View Writing Issues

You May Also Find These Documents Helpful

  • Better Essays

    Eco/365 Week 5 Final Paper Essay Example
    • 1511 Words
    • 6 Pages

    Eco/365 Week 5 Final Paper Essay Example

    The evolution of Wal-mart from the early 1960s to the present day has set a benchmark that few can achieve. Wal-mart executives have been successful nationally as well as globally. The knowledge and expertise in economics have made Wal-mart a global giant. The research completed is the final recommendations by the members of research team C and will address questions regarding global competition and issues of the organizations ability to expand or reduce current operations.…

    • 1511 Words
    • 6 Pages
    Better Essays
    Read More
  • Powerful Essays

    Organizational imapact OI/361
    • 1185 Words
    • 5 Pages

    Organizational imapact OI/361

    Tong, C. H., & Lee, T.(2006). Exploring the cornerstones of Wal-Marts success and competitiveness. Competitiveness Review, 16(2143-149). ProQuest…

    • 1185 Words
    • 5 Pages
    Powerful Essays
    Read More
  • Better Essays

    Mgt 498 Environmental Scan Wk4
    • 1301 Words
    • 6 Pages

    Mgt 498 Environmental Scan Wk4

    Every organization is usually surrounded by factors within and outside which affect its performance. These factors fall within the internal environment and the external environment. Wal-Mart is one such organization that has a set of internal factors which influence its operations. The corporate structure of Wal-Mart is seen to affect operations. Even though it is a public corporation, the majority of the stock is held by the Walton family which creates a lot of involvement from the family members. The family has much influence on the top level management of the organization. In the same way, the centralization of the organization in Arkansas is usually seen to be a major concern with respect to management as it creates challenges in control. The organization has a strong corporate culture which has greatly enhanced its success across the world (Chiron, 2012).…

    • 1301 Words
    • 6 Pages
    Better Essays
    Read More
  • Good Essays

    Wal-Mart Economic Indicators
    • 1203 Words
    • 5 Pages

    Wal-Mart Economic Indicators

    Although Wal-Mart is a very successful company, there are still many areas of improvement they need to consider. The problem a lot of companies make is that once they reach a certain revenue dollar amount they feel they have arrived. Although having increasing revenues consistently is key to success, there are many other factors that measure a company’s success.…

    • 1203 Words
    • 5 Pages
    Good Essays
    Read More
  • Better Essays

    Competitive Strategies and Government Policies Paper on Wal-Mart
    • 1894 Words
    • 8 Pages

    Competitive Strategies and Government Policies Paper on Wal-Mart

    Wal-Mart is a giant of the retailing industry yet is not immune to the pressures of globalized trade, supply, and competition. Wal-Mart’s profit sustainability is always ‘in doubt’ unless it continues to fight off various competitive conglomerates or large size retailers such as Amazon and Target. Mergers on the scale of Wal-Mart are rare yet the marketplace shifts based on the continued expansion of physical and online retailers like Amazon and Amazon’s many partner/provider organizations. To stay ahead of the various operational and governmental threats, Wal-Mart’s focus is on maintaining their low cost…

    • 1894 Words
    • 8 Pages
    Better Essays
    Read More
  • Satisfactory Essays

    Local Business Bus/210
    • 319 Words
    • 2 Pages

    Local Business Bus/210

    The first component of Wal-Mart is business commerce. Business commerce is when Wal-Mart exchange good and services with other businesses. For example, Wal-Mart has a hair salon service; I love to get my hair done every other week. Also, many Wal-Marts provide banking services and some fast food services. Wal-Mart has stock trades also. Another main component of Wal-Mart is business occupation. Business occupation is the acquired set of specialized skills and abilities that allows Wal-Mart to create valuable goods and services. When my husband started at Wal-Mart he had to undergo several trainings to ensure that he understands the business and also that he provides customers with excellent services. Wal-Mart provides thorough training to its employees so that they can keep the customers coming back. Customers always value great customer service. I think this is one way Wal-Mart remains ahead of its competitors. The last main component of Wal-Mart is business organization. Business organization is the system of task and authority relationship which coordinates and controls the interactions between people so that they work toward a common goal. Wal-Mart’s common goal is to provide low prices. They try to provide lower prices than their competitors. They are about saving their customers money. They have reduced the costs of their retail and other products in the store. There are many Wal-Marts around the world and they provide the same services in all of them. I love Wal-Mart and I agree that they have prices lower than many other retailers. I definitely agree with their slogan, it is so true. “Save money, Live better”.…

    • 319 Words
    • 2 Pages
    Satisfactory Essays
    Read More
  • Best Essays

    Buss499Assignment5
    • 2940 Words
    • 12 Pages

    Buss499Assignment5

    Wal-Mart has held the title of leading retailer in the world for over two decades. With its cost leadership strategy they have for the most part gone unchallenged by other retailers such as Sears, K-Mart, and JCPenny in the United States but have still failed to take a larger portion of the market share in the global economy. It has its operation in more than 27 countries under 69 different banners with 2.2 million associates worldwide (Walmart Corporate, 2012). This paper will analyze the macro and micro conditions of Wal-Mart using a SWOT analysis and the Porter Five Forces Model and will suggest the opportunities to increase competitiveness and profitability. This paper will also include a communication plan along with the corporate governance mechanism and its effectiveness in the operations of Wal-Mart.…

    • 2940 Words
    • 12 Pages
    Best Essays
    Read More
  • Powerful Essays

    Gm586 Unit 4
    • 1359 Words
    • 6 Pages

    Gm586 Unit 4

    Wal-Mart has three competencies that has helped to build it to become the retail giant it is: excellence in how it operates, customer satisfaction, and supplier product relations. Wal-Mart’s CEO understands to continue having a successful retail business it is important to “coordinate a complex information management and distribution network and to efficiently manage supplier relationships” (Bender, Howell, Lavin, and Torgerson, 2001, p.…

    • 1359 Words
    • 6 Pages
    Powerful Essays
    Read More
  • Good Essays

    Mara 466 Wal-Mart
    • 832 Words
    • 4 Pages

    Mara 466 Wal-Mart

    In the modern era of business operations the store founded by the Walton family in Bentonville Arkansas has grown into the largest company in the world. From its small beginnings it has grown into the behemoth of the retail industry and defined the new way of doing business worldwide. Wal-Mart’s continued success can be contributed to their business plan, distribution system, HR management, product diversity, price, and negotiating power with manufacturers. They have essentially written their own playbook on how to maximize the profitability of every store, every product and every worker.…

    • 832 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Why Is Walmart Bad For The Economy
    • 853 Words
    • 4 Pages

    Why Is Walmart Bad For The Economy

    Wal-Mart’s conundrum with the economy is that it provides premium services and goods at a price well below that of any competitor. The size and scope of the company’s operations allows for them to put pressure on the companies that produce these goods. Wal-Mart often uses outsourced labor and imported goods as a means…

    • 853 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Walmart’s Challenge in the General Environment
    • 323 Words
    • 2 Pages

    Walmart’s Challenge in the General Environment

    Walmart is dealing with different problems and blunders in its international expansion. The nation’s largest private employer faces challenges in every sector of the environment. Recently the corporation that had been entirely nonunion was jolted by a victory of organized labor on their premises. February 17, 2000 brought the United Food & Commercial Workers union to triumph in the first union election at a U.S. Walmart store. Although it initially involved only eleven meat cutters in Jacksonville, Texas, and the company challenged the election results, the impact of the external human resources sector is being felt within the organization. The weight on Walmart’s bottom line could be significant over time because currently Walmart pays an average $9.63 an hour, or 47% less than at unionized grocery chains. Other elections may follow, at the same time additional effects from the environment are felt. For example, the previous year, the same union began scoring victories in the political environment against Walmart superstores by working with other unions, urban-sprawl opponents, and even other grocery stores; initiatives were for passing bills such as the one in California prohibiting new retail stores larger than 100,000 square feet from using more than 15,000 square feet for non-taxable items such as groceries. Not all such efforts are immediately successful; for example, the bill passed by California’s legislature was later vetoed by the governor. Nevertheless, the impact of the general environment on the giant retailer is clear, and the potential effect is huge. Walmart’s 720 superstores already account for 27% of revenue, and with 300 more superstores scheduled to open in two years, the company knows it must pay close attention to its environment.…

    • 323 Words
    • 2 Pages
    Good Essays
    Read More
  • Good Essays

    Internal and External Factors of Wal-Mart.
    • 1213 Words
    • 4 Pages

    Internal and External Factors of Wal-Mart.

    "Wal-Mart is the essential retailer, in a way no other retailer is," says Gib Caret, a partner at Bain and Company, who is leading a yearlong study of how to do business with Wal-Mart. "Our clients cannot row without finding a way to be successful with Wal-Mart." It is a known fact that this retailer continually strives for improvement on all levels of its merchandise and expects no less from its suppliers. They demand quality at cheap prices and if these demands are not met then…

    • 1213 Words
    • 4 Pages
    Good Essays
    Read More
  • Good Essays

    Walmart Research Paper
    • 504 Words
    • 3 Pages

    Walmart Research Paper

    The United States is a home to many influential multinational corporations, and the largest of them is Wal-Mart Stores Inc. Wal-Mart is an American public multinational corporation which owns chains of large discount department stores and warehouse stores. The Company was founded by Sam Walton in 1962, and today, it has over 8,500 stores in 15 countries. The company is so successful that it was the world’s largest public corporation in 2010 by revenue. Wal-Mart’s success can be accounted by its low price that distinguishes the company from other retailers. Although the low price makes the consumers happy, it has hurt other businesses greatly.…

    • 504 Words
    • 3 Pages
    Good Essays
    Read More
  • Good Essays

    Financial Reporting Problem
    • 626 Words
    • 3 Pages

    Financial Reporting Problem

    Wal-Mart faces many challenging while conducting daily operations. It is imperative for Wal-Mart’s upper management to have the most current and accurate information about their primary competitors. Wal-Mart is a giant in the merchandising market and it is hard to believe that there are corporations that challenge them. The primary competitors for Wal-Mart are Cost Co Wholesale, Target, Sears Holding, Dollar General, and eBay. Those corporations force Wal-Mart to constantly evolve in order to stay competitive. Each of the corporations above has certain strengths and focus on a select type of customers. Wal-Mart has the ability to stay competitive in several markets and target multiple types of customers. They conduct operations online, internationally, and continuously provide low cost to consumers. The massive amount of sales and services that Wal-Mart performs makes it a necessity to audit them occasionally. An audit provides the corporation with an abundance of knowledge. It will provide an organization with the information needed to…

    • 626 Words
    • 3 Pages
    Good Essays
    Read More
  • Powerful Essays

    Wal-Mart Value Creation
    • 4791 Words
    • 20 Pages

    Wal-Mart Value Creation

    The key facts in this case analysis are analyzing Wal-Mart’s weaknesses according to Shahzad Trading & Consulting FZE SWOT & TOWS statements conducted on Wal-Mart and arguing against their theory of Wal-Mart’s Business Strategy. In stating the problem or opportunity that this consulting firm’s case presents with their evaluation of weaknesses regarding Wal-Mart, in being that “Wal-Mart is the World’s largest grocery retailer and control of its empire” despite its information technological advantages, could leave it’s company weak in some areas due to the huge span of control (Shahzad Trading & Consulting Firm, 2007, p. 5) the consulting firms brief statement of the problem is that since Wal-Mart sells products across many sectors, for instance, clothing, food, and stationary products, Wal-Mart may not have the flexibility of some of its more focused competitors. The consulting firm further contended that although, Wal-Mart is global, they do not have sufficient presence in many other countries Worldwide (Shahzad Trading & Consulting Firm, 2007).…

    • 4791 Words
    • 20 Pages
    Powerful Essays
    Read More

Related Topics