Review the attached financials for Walmart. As you might imagine, Walmart is considered to employ a Cost Advantage Business Level Strategy. What evidence can you find in their financials that might support this fact?  

Answer the following questions as you think about the evidence you have found to indicate Walmart's strategic focus:

1). What is Walmart's Net Income Margin (Net Income/Total Revenues) for 2019?

2). What is the S&P 500's average Net Income Margin for 2019?

3). What is their Operating Income Margin (Operating Income/Total Revenues) for 2020?

4). What is the main expense or cost causing Walmart's Operating Income Margin to be what it is?

5). Share your insights into what primarily makes a Cost Advantage Business Level strategy work for Walmart?

 

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C.20549 FORM 10-K | Annual rep ortp ursuant to section 13 or 15(a)of the Securities Exchange Act of 1934 For the fiscal ye ar ended Jamuary 31, 2020, or O Transition report pursuant to section 13 or 15(d) of the Securities Exchange Actof 1934 Commissi on file mumber 001-6991. Walmart WALMART INC. (Exact name ofregistrant as sp ecified in its charter) DE 71-0415188 (State or other juris diction of incorporation or organization) IRS Employer Idextification No.) 702 S.W. 8th Street Bento nv ille, AR 72716 (Address of principal executive offices) (Zip Code) Registrant's telep hone number, including area code:(479) 273-4000 Securities register ed pur suant to Section 12(b) of the Act: Title of each class Trading Symbol(s) Name of each exchange onwhich egistered CommonStock, par value $0.10 per share WMT NYSE 1.900% Notes Due 2022 WMT22 NYSE 2.550% N otes Due 2026 WMT26 NYSE Securities register ed pursuant to Section12(g of the Act: None Indicate by che ck mark if the registrant is a well-known seasonedissuer, as defined in Rule 405 of the Securities Act. Yes E No O Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(a of the Ex change Act. Yes O No E