Walmart
Date Submitted: 09/10/2006 05:55:25
Category: / Entertainment / Movies & Film
Length: 3 pages (866 words)
Category: / Entertainment / Movies & Film
Length: 3 pages (866 words)
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.
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