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Running Head: WALMART ANALYSIS 1

Walmart Analysis

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WALMART ANALYSIS 2

Walmart Analysis

Walmart Stores offers a variety of goods and services namely retail goods, pharmaceutical

products, photo services and financial services. The nature of goods offered by Walmart Stores

varies based on the products and services. The retail goods offered by the firm are considered

durable as they can stay for long periods without becoming meaningless (Smith, 2015). Also, the

firm offers luxurious products like jewelry which are only bought for luxury purposes. Walmart

also offers entertainment services like movies and music of various kinds to satisfy the diverse

market offered by the customers who have different preferences, tastes and needs. Walmart

Stores is a multidimensional type of business as it deals in a variety of products and services.

External factors that promoted the success of the business are the following: First, Walmart

Stores is an economically stable firm which makes them to achieve most of their intended goals.

Due to the financial stability of the firm, they are able to improve on their products and serve

their clients in the most efficient way. Walmart always establishes the economic situation of the

country where it wants to set up the business in order determine the suitability of the country

(Mole, 2017). For instance, in the United States where Walmart dominates the market, the

economy is steadily is steadily growing which has led to the success of the business.

The other external factor that has contributed to the success of the firm is social

considerations. Walmart in its strategies ensures it offers only the products that are acceptable by

the society it operates in. The firm studies the social practices of the customers which helps them

determine the products and services to offer. Walmart also ensures they develop a better

relationship with the society where they have a branch by participating in social activities

making the firm to socially acceptable by the people.

WALMART ANALYSIS 3

Primary stakeholders of Walmart can influence the organization’s financial performance in the

following ways. First, if the stakeholders develop better relationships with financial institutions,

the firm would be offered loans at affordable rates which can help the firm to improve on its

products and the general financial performance. On the other hand, if the primary stakeholders

do not seek for financial aid, the firm may have difficulties in the running of day to day activities

as a result of poor financial performance.

Second, in the event the primary stakeholders have poor planning strategies, the financial

performance would be poor. When finance is poorly managed due to inefficient planning by the

stakeholders, the financial performance of the firm would be considerably low. Poor financial

performance may lead to poor delivery of services to the customers and this is likely to scare the

clients away.

Third, the primary stakeholders should develop good relationships with suppliers. When the

stakeholders are able to get to favorable terms with the suppliers, then the suppliers can be able

to offer some of the goods and services to the firm on credit. The firm is therefore in a position to

service its customers continuously as the products are available (Tsang, 2015). Also, the

suppliers are able to offer goods and services at great discounts which ensures the firm accrues

more profit improving its financial performance.

Fourth, may also influence the financial performance of the firm by employing skilled

workers. If the primary stakeholders employ skilled and knowledgeable workers, the firm is able

to achieve maximum service delivery to their customers and efficient ways of doing tasks. The

overall advantage of the latter is that the financial performance of the firm is improved.

WALMART ANALYSIS 4

The primary stakeholders can also get into partnerships with other firms to help improve the

financial position. Partnerships allows for combined efforts and especially in the contribution of

finances. With partnerships more capital is available for use hence increased financial

performance.

The controversial corporate social responsibility associated with Walmart is that it struggles to

overcome its environmental criticism. Walmart is deemed as one of the stores that emits large

amounts of carbon dioxide to the environment (Grayson, 2017). Environmental organizations

have always had issues with the firm based on the pollution levels on the environment.

WALMART ANALYSIS 5

References

Grayson, D., & Hodges, A. (2017). Corporate social opportunity!: Seven steps to make corporate

social responsibility work for your business. Routledge.

Mole, K., North, D., & Baldock, R. (2017). Which SMEs seek external support? Business

characteristics, management behaviour and external influences in a contingency

approach. Environment and Planning C: Politics and Space, 35(3), 476-499.

Su, W., & Tsang, E. W. (2015). Product diversification and financial performance: The

moderating role of secondary stakeholders. Academy of management journal, 58(4),

1128-1148.

Smith, L., Ng, S. W., & Popkin, B. M. (2015). Can A Food Retailer-Based Healthier Foods

Initiative Improve The Nutrient Profile Of US Packaged Food Purchases? A Case Study

Of Walmart, 2000-2013. Health affairs (Project Hope), 34(11), 1869.

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