Where did all the small businesses go?
The purpose of this assignment is to analyze Wal-Mart and find out their strength, weaknesses, threats and opportunities. We will identify the company’s issues by looking at internal and external factors that influences the corporation.
In the analyzing part we have made an SWOT analysis to identify Wal-Mart’s strength, weaknesses, opportunities and threats to get better overview of the company. In general we can say that Wal-Mart’s strength is their ability to recognize what their customer needs are by offering low prices on all their products. We have also made Porte’s five forces …show more content…
Today Wal-Mart stores are the largest retail chain in the world. Wal-Mart Stores, Inc. is not only the largest retailer in the world, it is now also ranks as the largest corporation in the world. Wal-Mart operates over 6,000 stores in the US and 13 international markets including the UK, Canada, Japan, Mexico, Brazil and China. It also retails products through its online site. The company is headquartered in Bentonville, Arkansas and employs 1,800,000 people.
Wal-Mart is the leading employer of people of color in the United States. More than 125,000 African Americans and more than 74,000 Latinos work at Wal-Mart and Sam's Club store's nationwide. Two Latinos sit on the board of directors along with two women out of 15 board members. Only one woman serves as an executive officer of the company. Full-time employees are eligible for benefits, but the health insurance package is so expensive that less than half opt to buy it. Another benefit for employees is the option to buy company stock at a discount. Wal-Mart matches 15 percent of the first $1800 in stocks purchased. Yet most workers can not afford to buy the stock. In fact, not one in 50 workers have amassed as much as $50,000 through the stock-ownership pension plan. Voting power for these stocks remains with Wal-Mart management.
The company recorded revenues of $315,654 million during the fiscal year ended