IndexIndustryWeaknessesOpportunitiesThreatsRecommendationMany of us are familiar with Wal-Mart stores known for selling a variety of products at a lower price. This retail store operates worldwide even expanding its business to third world countries like Nicaragua. The power of saving doesn't stop there; Walmart Inc. is expanding its subsidiaries in other developed countries while saving money. This retail-based company has influenced and continues to influence our economy. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay In this paper, Wal-Mart companies will be evaluated based on the company's Strengths, Weaknesses, Opportunities, and Threats (SWOT). The following assessment is based on detailed and credible resources. Industry Through advanced technology in recycling and product recovery, it has been an important factor in helping save the planet. Using new recovery and recycling techniques for products such as plastic, metals, paper, cardboard, glass, batteries and electronics are important products, this retail giant is working to save the world by doing its part. According to the Society of Plastics Engineers, Inc. “more than 1,800 companies in North America are involved in post-consumer plastic recycling, triple the number of just a few years ago.” This is a bold move taken by Wal-Mart so far to save the planet. Not to mention recycling the products themselves. Wal-Mart Inc. has told its suppliers to do the same. Kroger CO. is one of the vendors that has launched a significant effort, pushing consumers to recycle products after use. Strengths Throughout the United States and around the world Wal-Mart is known for providing more products at lower costs. The power to save 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 daily. For example, they sell groceries, household appliances, car parts and many other goods. These are all that consumers need or continue to use throughout the day. Walmart is the only company with a mission to improve consumers' lives by allowing them to save money and spend it on other things they love to do. Another significant strength seen by Wal-Mart is that they provide different types of goods. For example, they provide grocery, health and wellness, electronics department, clothing section, home categories and auto 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 plan execution. Wal-Mart Inc. has found that listening and communicating with its customers is critical to achieving company goals. Marketing programs such as “everyday low prices, daily low costs, rollbacks, savings hunt, and Walmart pickup” are most of the programs used to keep costs low in this company. Unless the company communicates effectively with consumers by sending their goods and services or obtaining feedback, listening to them and responding to their comments is important. Weaknesses Currently, Wal-Mart is facing criticism from the left and right regarding the way in which the employees and benefits they receive from the company have been treated. Among various controversies, deviation from federal and state minimum wages was one of them. Exploiting employers didn't do the company any good, but it hurt the company's brand. Opportunities Technologies allow us to communicate,.
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