What Are the Issues Affecting Walmart in Its External Environmental?

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What Are the Issues Affecting Walmart in Its External Environmental?

By | November 2010
Page 1 of 5
Walmart
Now that Wal-Mart has conquered the US, can it conquer the world? AsWal-Mart Worldshows, the corporation is certainly trying. For a number of years, Wal-Mart has been the largest company in the United States. Now, though, it is the largest company in the world. Its global labor practices and outsourcing strategies represent for many what contemporary economic globalization is all about. But Wal-Mart is not standing still, and is opening up stores everywhere. From Germany to Beijing to Mexico City to Tokyo, more than a billion shoppers can now hunt for bargains at a Wal-Mart superstore.Wal-Mart Worldis the first book to look at this incredibly important phenomenon in global perspective, with chapters that range from its growth in the US and impact on labor relations here to its fortunes overseas. How Wal-Mart manages this transition in the near future will play a significant role in the determining the character of the global economy.Wal-Mart World'simpressively broad scope makes itnecessary reading for anyone interested in the global impact of this economic colossus.( Stanley D. Brunn) What is the walmart main objective

Issues affecting walmart in external environment
Most successful business start-ups are owned by believers and proponents of good strategic management, a regimented 7-stage discipline involving vision and mission development, external assessment, internal assessment, long-term objective setting, strategy identification and selection, strategy implementation, and performance evaluation. Well-meaning strategic management practitioners consider five (5) key external forces in doing the external assessment exercise, and these are political, economic, social, technological (PEST), and competitive factors. The scope of external assessment embraces the analysis of opportunities and threats impacting a certain industry or business. The following discusses the key factors covered by an external assessment: 1. Political Factors

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