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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.
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