Strategic Group Analysis Strategic groups are those groups of companies within an industry that pursue the same sort of strategies. Wal-Mart not so long ago, pioneered the usage of radio frequency identification technology, popularly known as RFID, and demanded the producers for its usage.
The increased trend of automation in business strategies is certainly a great opportunity for the expanding the business for the international recognized companies like Wal-Mart which has its stores in different parts of the world.
There are restrictions on foreign direct investment in multi-brand retail in certain countries, like India.
Apart from appreciation and acceptance, Wal-Mart has also faced criticism on certain issues. However, the after effects of recession and global economic slowdown do not present desirable scenario for its business.
Therefore, this technological renaissance has explored many new avenues as opportunities for the goods selling companies like Wal-Mart. The international business landscape is characterized by different political structures and differing governance models.
It includes environmental and ecological factors. Rivalry among existing players: Kmart failed to match the customer satisfaction standards of Wal-Mart Turner It many cases, multinational corporations venture into a foreign market with a less developed legal structure and set operations as a way of avoiding stringent laws in their home nations.
For new entrants, there are high entry barriers because Wal-Mart has access to established distribution channels and latest technology Kneer These factors affect demand for the products and services offered by the company and its overall profitability.
Likewise, good intra-governmental relationships are also a source of opportunity for the global companies like Wal-Mart with a lot of competitors.
Moreover, the company can adjust its strategies to exploit increasing consumer demand in cities and surrounding areas.
It has over 8, retail outlets under 55 different banners in 15 countries. Therefore, it would translate into loss of business for Wal-Mart as it cannot open stores in every nook and corner.
Political Wal-Mart is currently operating across the globe and in its operations, it has to adhere to rules and regulations set by a host country. Technological innovation helps improve efficiency in business. Further, as private brands are high-quality low price alternatives to national brands, they have greater demand.
These brands also aim to go ahead with fresh functional set ups.This is the detailed PESTLE/PESTLE Analysis of Wal-Mart which elaborate the external factors impacting the retail Company and Industry; Political, Economical, Social, Technological, Environmental and Legal.
A PESTEL/PESTLE analysis of Walmart Past 3 years have been great for the retail sector. Color has returned to the global economy and with it consumer confidence has also returned.
Bythis sector is expected to have grown to the size of $28 trillion. Walmart is the king of physical retail. However, competitive pressure on [ ]. PESTEL is a strategic analytical tool and the acronym stands for political, economic, social, technological, environmental and legal factors.
Walmart PESTEL analysis involves the analysis of potential impact of these factors on the bottom line and long-term growth prospects.
pestle analysis of wal-mart stores, inc. POLITICAL: Wal-Mart¶s response to the hurricane was lauded even by its critics: it donated more than $20 million worth of merchandise, including food formeals, and it promised jobs for all of its displaced workers.4/4(1).
PESTLE ANALYSIS OF WAL-MART STORES, Inc. POLITICAL: Wal-Mart¶s response to the hurricane was lauded even by its critics: it donated more than $20 million worth of merchandise, including food formeals, and it promised jobs for all of its displaced workers.4/4(1).
WalMart is an international store that offers working families with products they require at prices which they can afford. In each of their worldwide markets, they make use of their strengths as a worldwide corporation to meet the regional needs of their consumers, and offer assistance for their communities.Download