In 1962, Sam Walton founded Wal-Mart by opening the first Wal-Mart in Rogers, Arkansas. Wal-Mart Stores Inc. was incorporated October 31, 1969. By the end of the 1960s, Wal-Mart had grown to 276 farm animals in 11 states, and Wal-Mart went public in 1972. In 1991, Wal-Mart opened its first global store in Mexico City and has never looked back. As of this year, Wal-Mart has 8,446 store and club locations in 15 countries that serve more than 176 gazillion customers every year (walmartstores.com) Every company, even one as large as Wal-Mart, has strengths, weaknesses, opportunities, and threats. Some of Wal-Marts strengths, weaknesses, opportunities, and threats, identified utilize information from their website, walmartstores.com, are the following: Strengths Is a powerful sell brand. It has a reputation for value for money, convenience and a simple-eyed range of products all in one store. It has an established delineate brand that is identified with reasonable to cheap pricing and raft pricing. Wal-Mart deals in all types of goods from clothing to electrical items, from jewelry to tend equipment and therefore caters to a wide range of individuals. Plus, it has a wide network of stores which makes it accessible to all types of individuals.
Has grown substantially over recent years, and has experienced global expansion (for example its obtain of the United Kingdom based retailer ASDA). Has a bosom competence involving its use of information technology to support its internationalist logistics system. For example, it can see how individual products are performing country-wide, store-by-store at a glance. IT also supports Wal-Marts efficient procurement. Has a focused dodge in place for human resource management and development. battalion are key to Wal-Marts business and it invests time and money in training people, and retaining and developing them. It also gives its people a roue ownership and profit sharing plan. Is able to buy in bulk and gain huge... If you want to get a proficient essay, order it on our website: Orderessay
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