Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Scenario Analysis: Walmart is looking beyond retail for future growth. Please analyse the article below and compile your response against the questions given below. Link

Scenario Analysis:

Walmart is looking beyond retail for future growth. Please analyse the article below and compile your response against the questions given below.

Link to article : https://www.cnbc.com/2021/02/18/why-an-emboldened-walmart-is-looking-to-beyond-retail-for-future-growth.html.

PDF copy of the article is also uploaded on iLearn along with assignment as a separate file labled (why Walmart is looking beyond retail for growth)

Questions:

  • How is the strategy to grow beyond retail is aligned to Walmart's global strategy (tips : research about walmart's global strategy/outlook and compile your response, pls feel free to assume where you can find information, you can think of topics like diversification, globalization etc. that we discussed in class)

  • What innovation and/or inventive tactics would you recommend for Walmart when they look to grow beyond retail (hint : how to differentiate from competition) and what kind of internal/external analysis would you recommend for Walmart (note : just outline the tools and you do not need to make an analysis, you can review other document I have attached herewith as well)

  • How this strategy of going beyond retail will help Walmart compete against Amazon (hint : I am looking for up to 3 points only for this)

  • Please outline your recommendations (no specific area) for Walmart's CEO for their goal on expanding beyond retail (this can be anything from what we learned in class)

Brief, Bullet points, Concise.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Macroeconomics

Authors: Glenn Hubbard, Anthony Patrick O Brien

9th Edition

0138102494, 9780138102494

Students also viewed these General Management questions

Question

Explain the need for and importance of co-ordination?

Answered: 1 week ago

Question

Explain the contribution of Peter F. Drucker to Management .

Answered: 1 week ago

Question

What is meant by organisational theory ?

Answered: 1 week ago

Question

What is meant by decentralisation of authority ?

Answered: 1 week ago