Write 5 pages with APA style on Strategic Choice and Evaluation (Walmart). Most organizations desire to grow in order to thrive and not just to survive.
Realizing organizational growth however means different aspects to different organizations. However, the ultimate goal of many organizations is to make enough profits, revenue, so net profit and other financial data (Hiles, 2011). Other business owners tend to use sales figures, physical expansion, number of employees and other criteria in their judging organizational growth. Growing business are always making profits, fuel innovation, attract capital investment and provide positive work environments for their employees. With this in mind, this paper will generally identify some of the best value discipline for Wal-Mart. The paper will also identify Wal-Mart’s best generic strategy and grand strategy.
By 2006, Wal-Mart Stores Inc. was the largest retail organization not only in the U.S but also across the globe in terms of sales volumes. The franchise unit had more than 3,000 locations which included discount stores, company’s Supercenters and neighborhood Markets across the United States (Fishman, 2006). On the other hand, SAM’S CLUB unit boosts of at least 567 locations that included warehouse membership clubs. In general, Wal-Mart International had more than 2,285 locations in more than 10 countries (Fishman, 2006). Despite its sales volumes, the management had special concerns regarding the behavior of the organization’s stock. Wal-Mart’s stock had rapidly fallen. Even though Wal-Mart’s board of directors had continually raised dividends and repurchased stock, the company’s stock had failed to rise again. Alternatively, the organization needed a strong program, which would help in pre-empting some of its social critics (Fishman, 2006).