Question 2 Please apply the PEST analysis to the Wal-Marts case study. "The secret of successful retailing is to give your customers what they want. And really‚ if you think about it from your point of view as a customer‚ you want everything: a wide assortment of good-quality merchandise; the lowest possible prices; guaranteed satisfaction with what you buy; friendly‚ knowledgeable service; convenient hours; free parking; a pleasant shopping experience." - Sam Walton (1918-1992) Wal-Mart is the
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one of job for this project (the job must be difference with the presentation assignment)‚ after that: 1. Arrange job description‚ job analysis and job specification 2. Specify the source to get the prospective candidate 3. Specify the selection tools for the candidate (like test‚ etc) 4. Arranges 5 questions for each types of question (situational interview‚ behavioral interview‚ job related interview and stress interview) I. Job Description‚ ‚ job analysis and job specification
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Wal-Mart SWOT analysis Internal factors: “S”= potential resource strengths and competitive capabilities • Is operating in 14 countries with 2‚980 stores. • It sells 40% of private brands which are produced through contracts with manufactures. • High customer satisfaction. • Offers non-stop shopping for their customers. • Satisfaction guaranteed programs promoting customer goodwill • Buy from local merchants when possible • Stock ownership and profit-sharing with employees • Marketing
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Walmart Strategic Management Are Wal-Marts stated Mission‚ vision‚ goals‚ and objective aligned with the needs of their stakeholders The mission statement of Wal-mart is very much clear and similar to what they actually do. “Wal-mart brings new and better stores with a different culture. No matter you are visiting a the store in your local market or any other part of the world one thing is for sure that customer are receiving low prices and genuine customer services
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Strengths State-of-the-art information system gives edge to the Wal-mart to control and monitor supplier relations and inventories more competently than its competitors; it ultimately gives Wal-mart a price advantage. According to the Global 500 and Fortune’s 500 lists‚ Wal-Mart Stores sustain its top position for two consecutive years. And it makes Wal-mart one of the largest company in the world. Wal-mart is the world’s largest retailer
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the largest chains‚ which operates in three large segments: The Walmart U.S.‚ the Walmart International‚ and the Sam’s Club. In this report we are focusing mainly on Walmart US. This latter is has a momentous presence in the retail industry‚ operating throughout the united states. “ The Walmart U.S segment includes the Company’s mass merchant concept under the Walmart or Wal-Mart brand‚ as well as walmart.com.” (Reuters‚ n.d) Walmart offers various lines of products and services including the following:
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MS 405 Assignment #3 1- In an experiment subjects are given between the two gambles: Gamble 1: A: $2500 with probability 0.33 $2400 with probability 0.66 $0 with probability 0.01 Gamble 2: C: $2500 with probability 0.33 $0 with probability 0.67 B: $2400 with certainty D: $2400 with probability 0.34 $0 with probability 0.67 Suppose that a person is an expected utility maximizer. Set the utility scale so that u($0) = 0 and u($2500)=1. Denote u($2400) by x. a) Which one would you prefer
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| | | | | | |[Wal-mart case analysis] | |Competitive advantage and competitive dynamics
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THEME AND THEOLOGY OF JOB In the story of Job‚ we learn from the very beginning that Job lost all his life stock‚ and lost all of his children. In response to this news‚ Job reacted with gut wrenching words‚ causing him to be very depressed. He was in a state of confusion and sorrow over what he believed was God’s personal attack on him. Job believes with all his heart that he did nothing to deserve this attack on his life (Job 9:15-23). Theses tragic events happen at the hand of Satan because
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9-704-027 REV: J U L Y 2 0 ‚ 2 0 0 4 G U N N A R TRUMBULL LOUISA GAY Wal-Mart in Europe "Never resist change.. . We have to be able to place a store or club side-by-side with the competition and beat them every time. " -David Glass‚ Director and Chairman of the Board‚ Wal-Mart1 "In Germany‚ we know how retail is spelled." - Holger Wenzel‚ Director‚ German Retail Federation Introduction "What are the 10 worst things we can do to fail?"2 This was how Lee Scott‚ CEO of Wal-Mart
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