Management Essay Example | Topics and Well Written Essays - 250 words - 5

focusing - Essay ExampleAnd, of course, they have an advantage in that they atomic number 18 known for offering the lowest prices around.Although a very successful corporation, Walmart does have some weaknesses and challenges. One weakness is that because they have expanded into so numerous different areas they may lose out to competitors who are more narrowly foc utilize and specialized. They also further have a presence in relatively few countries in addition to the U.S.Yet the feature that Walmart doesnt have a dominant presence in other countries means that the opportunity to perplex a larger presence in these countries still exists. So even though Walmart is large, there are still opportunities for expansion.One threat to Walmart is that being number one means that you always have a target on your back, so to speak. There will always be competition and price wars with Walmart two locally and globally. Amazon.com, for example, poses a threat to Walmart because they are kno wn for having the lowest prices around as well. Also, the gap that Walmart used to have on cheap manufacturing is closing and other stores are now able to manufacture for little as well (Marketingteacher.com, 2010).After researching these sources the best strategy for Walmart in the future is to continue to be the low-cost and low-price leader and continue to expand globally. They should also continue to form strategic alliances locally and internationally as they have done so with companies like Stanley Works and America Online (Walmart,