Selected Company : Walmart 1. Develop and explain a recommended corporate strate

Question

Selected Company : Walmart

1. Develop and explain a recommended corporate strategy for the selected company. What competitive strengths does this strategy exploit? How is the strategy different from the current strategy? What are the risks associated with the new strategy and its chances for successful implementation? If the current strategy is considered to be the best alternative, carefully and thoroughly discuss and explain why?

2. For the selected company, develop and explain a recommended financing strategy. How much additional financing is needed? What should be the sources(s) of that new financing and why? Estimate the costs of the new financing? If the current financing strategy is considered to be the best alternative, carefully and thoroughly discuss and explain why?

Explanation / Answer

Answer:1

Wal-Mart Organization: Wal-Mart Inc. is an American multinational retail organization that operates a chain of hypermarket stores, discount department stores and grocery stores.

Recommended corporate strategy Wal-Mart : The corporate strategy for the Wal-mart business is to drive its energy and resources in the long term goal of the organization by exploring latest technology in the business processes.

Competitive strengths this strategy exploit : the competitive strength this strategy provides to the Wal-Mart business is that it will have latest technology in business process, this technology will advances the business ahead in the competition.

How is the strategy different from the current strategy: The current strategy is not fully focus on the embrace of technology, but recommended technology fully focus on embrace the benefits of the technology for better, cheaper and faster business results.

Risks associated with the new strategy and its chances for successful implementation: The risk associated with new technology and its successful implementation are that the new technology may have cost impacts for the business in initial time and they organization may lacks in the availability of skill sets for the easy implementations of the new technology in the business processes.

If the current strategy is considered to be the best alternative: the current technology can be considered the best alternative, but the problem is that the current strategy does not have competitive advantage to the business over the longer period of the business. Thus the current strategy may end up in low competitive business for the Wal-Mart business. So in order to have better competitive advantage in long run for the business the recommended strategy is preferred.

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