Question
I need a reply with at least 100 words, including a direct question (see below) How could the organization create more value for its stakeholders?
I need a reply with at least 100 words, including a direct question (see below)
How could the organization create more value for its stakeholders?
Hello class,
For this week's forum topic I decided to go with Walmart since most people are familiar with this major organization.
As we all know, Walmart is a major American retail store that has expanded internationally to eight total countries across the globe. Walmart has done a tremendous job in adding value for its stakeholders as its success speaks for itself and Walmart stores can now be found everywhere across the United States and other countries. As of now, there are stores in Africa, Mexico, Chile, China, India, Central America, Canada, and obviously in the United States where it was founded. Since they have become so successful with their global expansion, the best way to create more value for its stakeholders is to continue to expand globally. Out of the four future freight flows that Walmart should focus on in my personal opinion should be the one world order. This is because of the continuous increase of global trade and limited resources to do it. Walmart has proven itself to be capable of finding the suppliers that it needs to deal with global supply chain needs during the Pandemic. Because of their success during the supply chain crisis that the COVID-19 Pandemic caused, people around the world view them as reliable. In order to remain prepared for the one world order future flow, Walmart should continue its global expansion to provide accessibility of resources to people in all corners of the world. Also, the more they expand the more access to resources they will have.
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