In Activity No. 1 you read the concept about studying the tools used to study economics framework. Kindly look the Integrative Case 1.1 Walmart. Kindly answer the following questions: Industry and Strategy Analysis

1. Apply Porter's five forces framework to the retail industry.

2. How would you characterize the strategy of Walmart? How does Walmart create value for its customers? What critical risk and success factors must Walmart manage?