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Essay / develop its business strategies in a way that allows it to grow even more in the face of competition. On the other hand, when it comes to the BCG matrix, it goes deep into the organization itself in order to identify the few sectors where the company is doing very well. This is very relevant to the area of strengths and weaknesses of the organization. The only difference is that BCG Matrix focuses more on the internal aspects of an organization, allowing it to determine which product lines or services it should focus more on and which sectors are already doing well and do not require further development. excessive investments. The BCG Matrix can therefore be described as a very effective process of implementing business strategies for an organization. Keep in mind: this is just a sample. Get a personalized article from our expert writers now. Get a Custom Essay In conclusion, it can be said that when it comes to decision making for Wal-Mart, the second stage, the matching stage, can be described as the most vital one which facilitates the decision making process . This allows the organization to have a very clear idea of where it really stands compared to the competition and which areas of the business are performing the best. It is very empirical to keep in mind that BCG Matrix is the one that best utilizes resources to reach a conclusion regarding internal affairs. Here we can see that the company is doing well in the international market. So there is a good opportunity for Wal-Mart to expand further through globalization to increase its profit share. On the other hand, supercenters are the star of the organization that the company wants to keep. It is the growing neighborhood market that the company may need to focus on, as there are great opportunities to increase revenue share..
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