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Essay / Swot Rating of Wal-Mart Companies
Table of ContentsIndustryStrengthsWeaknessesOpportunitiesThreatsRecommendationMany of us are familiar with Wal-Mart stores known for selling a variety of products at a lower cost. This retail store operates worldwide and is growing its business even in third world countries like Nicaragua. The power of saving doesn't stop there; Walmart Inc. is expanding its branches to other developed countries, saving money. This retail company has influenced and continues to influence our economy. Say no to plagiarism. Get a tailor-made essay on “Why Violent Video Games Should Not Be Banned”? Get an Original Essay In this article, Wal-Mart companies will be evaluated based on their strengths, weaknesses, opportunities, and threats (SWOT). The following assessment is based on articulated and credible resources. IndustryThanks to advanced technology in recycling and product recovery, it has been an important factor in helping to save the planet. Using new techniques for recovering and recycling products like plastics, metals, paper, cardboard, glass, batteries and electronics, this retail giant is working to save the world by doing his part. According to the Society of Plastics Engineers, Inc., "more than 1,800 companies in North America are involved in post-consumer plastics recycling, three times more than just a few years ago." This is a bold move by Wal-Mart so far in order to save the planet. Not to mention recycling the products themselves, Wal-Mart Inc. has asked its suppliers to do the same. Kroger CO. is one of the suppliers that has launched a major effort, encouraging consumers to recycle products after use. Strengths In the United States and around the world, Wal-Mart is known for providing more products at lower costs. The power of saving more money in a family allows their industry to grow more and more every year. Wal-Mart is praised for providing a wide range of products that are used every day. For example, they sell groceries, appliances, auto parts, and many other products. It's everything consumers need or continue to use throughout their day. Walmart is the only company whose mission is to improve consumers' lives by allowing them to save money and spend it on other things they love to do. Another important advantage of Wal-Mart is that it provides different types of products. For example, they provide grocery, health and wellness products, electronics department, clothing section, home categories and automotive equipment are some of the products sold by Wal-Mart . Additionally, Wal-Mart focuses and listens to consumers. Unbeatable pricing continues with strategic planning and execution of plans. Wal-Mart Inc. has discovered that listening and communicating with its customers is essential to achieving company goals. Marketing programs such as "everyday low prices, everyday low prices, throwbacks, savings collector and Walmart pickup" are most of the programs used to keep costs low in this business. Unless the company communicates effectively with consumers, either by sending them their products and services or by obtaining feedback, it is important to listen to them and respond to their comments. WeaknessesCurrently, Wal-Mart is facing criticism from the left and right regarding the way employees have been treated as well. the benefits they receive from..