Thursday, December 5, 2019
Problems facing by Walmart-Free-Samples-Myassignmenthelp.com
Question: Discuss about the Walmart Business Organization. Answer: Introduction Wal-Mart is the American cosmopolitan retailing business corporation, which is operating as the chain of departmental stores giving discounts, grocery store and hypermarkets. The headquarters of this business organization is in Bentonville, Arkansas. Sam Walton established the Company in the year 1962. The focus was on the selling of the products at a low price for getting the higher amount of sale at a low profit boundary. The organization operates in four respective divisions (Mun Yazdanifard, 2012). This Company offers the different retail format options with the help of the divisions, which comprise of the discount giving departmental stores, grocery stores, attire stores and many more. The company provides products that range from electronics, movies, furniture and home appliances, sports goods, grocery supplies, toys and health and beauty products (Corporate.walmart.com., 2017). Discussion Problems in Walmart The stores of Walmart lack hygiene and sanitation. There is an unnecessary shrinkage of the availability of the stocks and the shelves at the supermarkets are not restocked fast enough. The layout and the design of the store compromise the convenience of the consumer. The business organization allows the consumers to order their groceries on the online platform for the picking up and delivery from the store. However, these digital services require integration with the substantial stores (Guruprasad, 2013). The retailers have to improve the side businesses that cause traffic. The Company promises to provide products at a low price for getting the higher amount of sale at a low profit boundary. Nevertheless, the price of the products and the services are not always low as the competitors. The brand has to offer a wider range of the product collection for the merchandizes in general, provision of fresh groceries and produce and private label for them. The business organization has to fo cus on the customer service. These are causing the lowering of the sales and affecting productivity. The business of the Company is under the pressure due to the deflation of the main product ranges. The shoppers at Walmart are cash strapped. There has been a change in the shopping habits of the consumers (Corporate.walmart.com., 2017). Solutions The business organization has come up with solutions to solve these issues. During the holiday season, the employees of the Company will engage in making the stores clean and be well merchandized. The Company has to implement few changes for fixing the issue of the unnecessary shrinkage of the availability of the stocks. The Company should plan for the provision of online services to its consumers. The company has to have a mindset to build a scalable profit driven business with driving of the additional traffic in their stores (Rani, 2013). The company should provide products at a lower price for getting the higher amount of sale. The company should provide the consumers with a variety of the products to choose from so that the consumers respond. The Company has to focus on the customer services so that they get feedback and reviews from the consumers. Conclusion Thereby, there has been the discussion of the Walmart business organization and the problems that this organization is facing. There is a brief discussion about the solutions for the problems and how the company can use them in an effective manner References Corporate.walmart.com. (2017).Walmart Corporate - We save people money so they can live better..Corporate.walmart.com. Retrieved 5 September 2017, from https://corporate.walmart.com/ Guruprasad, M. L. (2013) DYNAMISM IN INTERNATIONAL BUSINESS ECOSYSTEM A STUDY ON WALMART. Mun, L. Y., Yazdanifard, R. (2012). Walmart success in Mexico, Canada and China: global expansion, strategies, entry modes, threats and opportunities. Rani, E. (2013). Supermarkets Vs Small kirana stores.IOSR Journal of Business and Management,10(1), 1-
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