Walmart Economic Forces Essay

1287 Words Mar 26th, 2012 6 Pages
Introduction: Wal-Mart is sitting at number one on the Global Fortune 500 list. Sam Walton would never have thought that his creation of Wal-Mart in 1962 would lead to a global dynasty. By 1972 Wal-Mart went public which gave an infusion of money and capital for Mr. Walton that gave them 276 stores by 1980. In the mid 80's Wal-Mart expanded to having member only warehouse stores, Sam's Club. From there Wal-Mart opened supercenters that included full grocery and 36 departments of regular merchandise. By the end of the 1980's there were 1,402 stores and 123 Sam's Clubs (Wal-Mart corporate 2012).
Recent and Current Operations: Wal-Mart is one of the most successful retailers in the world (Wal-Mart corporate 2012). Currently, there
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Political forces is considered to be those that are those that effect decisions made by a business. In the case of Wal-Mart, they pride on being 100 percent operated by renewable energy, have zero waste, and sell products that sustain the people and the environment (Wal-Mart, 2012). Wal-Mart executives work with local governments worldwide to maintain programs and know the laws, both current and upcoming, that effect the operations. In the United States, Wal-Mart started working with the government to provide affordable prescriptions. This began in 2006 and has spread like wild fire. Wal-Mart must continue to look at programs such as this to stay active positively in communities.

SWOT Analysis: Like any business, Wal-Mart has to continually assess their strengths, weaknesses, opportunities, and threats in order to continue to be competitive. Awareness by the executives to what is happening locally and globally will further the expansion of Wal-Mart.

Predicting, Planning, Adjusting: Wal-Mart is one of the top 10 largest corporations. Wal-Mart must predict what is needed and wanted in communities. Executives have to be able to see the needs like in Brazil. Wal-Mart has gone in and created social retailing school and provide skills and services in
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