Wal-Mart and Business Strategy
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Discuss the standout features of Wal-Mart's approaches to managing operations.
Discuss the attributes you find impressive about Wal-Mart's policies and procedures, and use of best practices.
Discuss how Wal-Mart's emphasize continuous improvement and the use of rewards and incentives.
- Assess how the constant bashing of Wal-Mart by the media impacted Wal-Mart's ability to operate effectively in the communities where its stores operated and how management's choice to ignore the problem exacerbated it.
- Evaluate Wal-Mart's shift in strategy from "just saving money" to "saving money to live better" and the impact to Wal-Mart suppliers, customers, and employees. Suggest whether or not this shift aligns with the company's values and how any gaps should be addressed.
- Recommend a strategy for Wal-Mart to leverage its cost-efficient operations business model worldwide, leading to financial stability and a desirable return on investment to shareholders.
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The constant bashing of Walmart by the media impacted Walmart's ability to operate effectively in the communities where stores operated by making the general public in those areas much more reluctant to view Walmart in a positive light. This may have prevented many of them from patronizing this organization. In addition, the continuous media bashing had also led some communities to resist the building of Walmart stores in their areas, and this also led to a great number of individuals in those communities being reluctant to seek employment at the Walmart stores in those communities as well. The fact that management initially ignored the ...
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