Wal-Mart measures to sustain its recent performance and defend against competitive (and other) threats
Title: Wal-Mart measures to sustain its recent performance and defend against competitive (and other) threats
Category: /Business & Economy
Details: Words: 723 | Pages: 3 (approximately 235 words/page)
Wal-Mart measures to sustain its recent performance and defend against competitive (and other) threats
Category: /Business & Economy
Details: Words: 723 | Pages: 3 (approximately 235 words/page)
Wal-Mart is the world's largest retailer and one of the most successful companies in the world that does not insulate them from future problems or new challenges. Each problem will need to be addressed by the company or else future growth may be affected. With the passing of the founder, Sam Walton, many people question the company's ability to carry on Sam's legacy that guided the company to success. The company has a reputation for
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this type of growth in the future, the company must adhere to its aggressive expansion strategy. Opening new stores in densely populated areas, locating stores in contiguous areas, and expanding into new countries will help future growth.
However, the company must not let itself become consumed with the need to grow, as this could become detrimental to the company. Careful consideration is needed for every new store location, which is the responsibility of Wal-Mart management.