Who is able to complete this assignment? - Management
Walmart Case Study
[WLO: 3] [CLOs: 2, 3, 5]
Prior to this assignment, review Chapter 12: Global Marketing Channels and Physical Distribution and analyze Case 12-2: Can Walmart Crack the Retail Code in India? carefully. Review the Intro and Company Profile sections in the Walmart Case Study (Links to an external site.) interactive.
Your assignment has two parts. Part A will be based on a case in Chapter 12, and Part B will be built upon your Final Paper (attached below labeled Walmart Analysis) about Walmart from your BUS621: Leadership and Teamwork course. In fact, the purpose is for you to analyzed Walmart from different angles: leadership style, marketing strategies and tactics, HR, Financial aspects, etc. so by the end of your MBA program you have completed Walmart’s big-picture puzzle.
Introduction
Walmart today is a global retail giant. According to Carbonara (2018) in the recommended resource Walmart, Amazon Top World’s Largest Retail Companies (Links to an external site.) article, Walmart is the world’s largest retail company with continued plans for global growth. There are many competitors, one of which is Amazon. How will Walmart continue to be a global giant in the years to come? To maintain the market leader position Walmart will be required to continually look for ways to outgrow its global competitors (Carbonara, 2018).
To understand Walmart and where it is today and what tomorrow holds, it is important to understand the company’s foundation. “Sam Walton opened his first five-and-dime in 1950. His vision was to keep prices as low as possible” (Wilbert, 2018, para. 1). Walton opened the first Walmart in the early 1960s in Rogers, AR (Wilbert, 2018, para. 2). One thing that has and will always remain a key component for all Walmart stores is to keep expenses low. There has always been a mentality behind the vision of Walton to demand that employees always keep costs to a bare minimum (Wilbert, 2018, para. 3). On average, “Walmart saves a typical American family of four about $2500 a year. That’s about what a family of four gets from the government in food stamps. That makes Walmart a major antipoverty force in the United States” (Kestenbaum, 2017, para. 3). Another factor to consider when thinking about Walmart is that “since 1990, the global rate of poverty has been cut by two-thirds. That’s the sharpest decline in human poverty in all of history, more than one billion people have been lifted out of poverty during that period and Walmart is a major force in that effect” (Kestenbaum, 2017, para. 3).
Today, Walmart has grown considerably and continues to expand. Just to get an idea of how large this retail giant is, consider the following:
Walmart employs 1.6 million people.
Walmart has 6,200 retail outlets. In contrast, Home Depot has 2,040. (Wilbert, 2018, para. 4)
One might question, “What does Walmart do to continue to be successful and keep costs to a minimum?” There are several things that this retail giant has incorporated into the operations. First, “Walmart became the first major retailer to demand manufacturers use radio frequency identification technology (RFID). The technology uses radio frequencies to transmit data stored on small tags attached to pallets or individual products. As explained in the recommended resource How Wal-Mart Works (Links to an external site.), RFID tags hold significantly more data than bar codes” (Wilbert, 2018, para. 6). For information on how RFIDs and radio waves work, you may like to review the articles How RFID Works (Links to an external site.) and How Radio Works (Links to an external site.). You may also be interested in reviewing the Is Walmart Good or Bad for America? The Question May Be Outdated (Links to an external site.) article which explains another interesting fact, which is that “Walmart is the single most important pipeline distributing wealth from rich countries to poor countries” (Kestenbaum, 2017, para. 3).
One concern pertaining to Walmart is how employees are treated. It is well known that Walmart not only pays low wages, but their practices have impacted how their suppliers manage production costs while sacrificing the safety of their labor force (Kestenbaum, 2017). Walmart tends to hire mostly part-time workers (Kestenbaum, 2017). Some may even say that Walmart “pays their workers poverty wages” (Kestenbaum, 2017, para. 4). There have long been ethical concerns about how Walmart operates and manages its employees.
Case Study Assignment
Throughout your MBA program you will cover various subjects as they relate to business. You will initially have an opportunity in BUS621 Leadership and Teamwork to create and build your own Walmart in a new global location. Your choices for location include Peru, New Zealand, Philippines, Egypt, Czech Republic, and United Arab Emirates. As you progress through each course in the program you will build upon your case study of Walmart.
The purpose of this Walmart Case Study is to give you an opportunity to apply the subject matter from each course in the MBA program to an ongoing strategic development. The knowledge gained from the case study in each course will be cumulative. The knowledge will assist you in demonstrating your ability to conduct critical analysis and decision making across a wide range of subjects throughout the MBA program.
Methodology
The case study is based upon past and current information about Walmart and the country of destination. You will select a country to develop your case and will use the same country in each course of the MBA program.
You will be responsible for gathering as much information as needed that will help you with determining the course of action that Walmart should pursue in the company’s quest to growth and to meeting the needs of international markets.
Part A: Read Case 12.1: Can Walmart Crack the Retail Code in India? and answer the following questions:
Summarize some of the elements in India’s political, economic, and cultural environments that can impact the market opportunity.
Explain some of the obstacles facing Walmart and other foreign retailers in India.
Review Figure 12-4 (Global Marketing). Explain which quadrant of the matrix applies most directly to India. Provide your rationale.
Part B: In your BUS621: Leadership and Teamwork course, you selected a country for Walmart to expand to, and you also analyzed the nine dimensions of the culture and the leadership models and skills that would apply to your selected country (Use only the country in the paper attached below). In this assignment, you will work and build on your previous Walmart work, and develop some place strategies as Walmart expands on its global marketing activities to the country of your choice. Address the following points for the country (Use only the country in the paper attached below):
Summarize some of the elements in your selected country’s political, economic, and cultural environments that can impact the market opportunity for Walmart expansion.
Based on your environmental review and referring to Figure 12-4, discuss what market expansion strategy you would suggest for Walmart in your selected country.
You learned that channels create utility for customers (place utility, form utility, time utility, and information utility) that can be leverages as a source of competitive advantage. Analyze each of these utilities that Walmart may be creating in the country of your choice, and explain which one can potentially work as a competitive advantage for Walmart considering its target market and their needs, wants, and preferences in your selected country.
Considering the growth of global online retailers like Amazon.com, Aliexpress.com, Target.com, and eBay.com as competitors of Walmart.com, and based on the factors you evaluated in Part A (Attached below labeled Global Marketing Plan 2), formulate a SWOT analysis for Walmart.com in your selected country. *** You must use the one in the paper****
The Walmart Case Study paper
Must be three to five double-spaced pages in length (not including title and references pages and formatted according to APA style.
Must include a separate title page with the following:
Title of paper (The Walmart Case Study Paper)
Student’s name (Markis Edwards)
Course name and number (BUS 622)
Instructor’s name (Dr. Lorraine Cigainero)
Date submitted (March 29, 2021)
Must use at least two scholarly sources for each environment topic in addition to the course text. This is a total of three sources. Course text: Keegan, W. J., & Green, M. C. (2020). Global marketing (10th ed.). Retrieved from https://www.vitalsource.com
Must document any information used from sources in APA format.
Must include a separate references page that is formatted according to APA style.Edwards 1
Samsung: Global Marketing Plan Part 1
Markis Edwards
BUS 622
Dr.
Lorraine Cigainero
March 15, 2021
Abstract
Corporate organization adapt to remain competitive within the market, the advancement in technology, effects of globalization, and population have made several companies expand their operations to mature marketplaces while other have chosen to do so with internal markets. This document reviews Samsungs internal environment and identifies a country where it can expand its operations based on the identified factors.
Executive Summary
There are various strategies that corporate organizations adapt to remain competitive and to thrive in the market. The advancement in technology, effects of globalization, and population have forced many companies to expand their operations to mature marketplaces while others have expanded their operations to international markets. According to the last Forbes news, companies that open their needs where their opponents have not opened have more significant power. Through global expansion, a company can make its brand awareness durable before its competitors do. The global expansion also creates the firms image and builds an excellent reputation for future operations worldwide (Anwar, 2017).
Samsung: Global Marketing Plan
There are reports that companies with more global outlets control a large customer base and are also well established in the market. In the United States, top companies with robust brand loyalty and enormous profit, such as Apple, Samsung, Netflix, PayPal, etc., are globally known for their vigorous branches. The process of global expansion also involves analyzing environmental factors such as political, economic, social, technological, and legislative factors of a company (Keegan & Green, 2020). This paper will analyze Samsungs internal environment and identify a country where it can expand its operations based on the identified factors.
Background information about Samsung
Samsung is one of the leading electronic companies globally. It is located in South Korea. Samsung products include memory chips, digital media devices, appliances, semiconductors, and integrated systems. Samsung has been in existence for over 80 years, and currently, it controls over $4 billion net worth with over 2000 display centers in over 400 countries. According to the companys previous report, over 80 of its profit is obtained from overseas countries, with the U.S., Russia, U.K., China, Germany, and France being its primary target market (Gumparthi & Deb, 2019). However, the company has also expanded in Africa, and Australia and today, the companys brand is prevalent in all continents. Samsung contributes to over 50\% of South Korean export. Besides, Samsung contributes to over 20\% of South Korea GDP. Samsung currently has more than 5000 workers; Samsung has received several international awards, including the best company in empowering employeesRunning head: WALMART ANALYSIS Edwards 1
WALMART ANALYSIS Edwards 2
Walmart Analysis
Markis Edwards
Business 621
Dr. Salvatore Ferraro
March 1, 2021
Part A: Leadership
Wal-Mart is an international retail corporation that is in the United States. The company operates a chain of grocery stores, hypermarkets as well as discounted stores. It is one of the most competitive stores in the united states. This corporation ventured into business in 1962, and it took little time to dominate the United States retail market. In this analysis, cultural leadership, beneficial leadership, and a thorough global study will be conducted in reviewing one of the world’s largest corporations, Walmart.
A few years later, the company in 1992 expanded its services to Mexico, the first venture in an international market. This was the beginning of a long journey as the company would soon open many other stores with more than six thousand and three hundred stores globally. However, it is imperative to state that although the company became very successful, various countries did not go their way, and the company ended up losing business in these markets. Japan, South Korea, and Germany are but some examples of the few needs that the company was never successful. The primary reason for the failures in these respective countries is the lack of a clear understanding of the cultural habits of the consumers in these regions and the approach of managing the human resource in the host countries.
We can appreciate that failure is that people can learn lessons and use the lessons learned to come back even more vital. I will therefore show the various ways that this corporation can be successful as they go about with their expansion in the overseas market. In this case, I will expand in the New Zealand market and the leadership approach that can be applied. The significance of leadership competencies in the New Zealand market, the cultural leadership and practices that could help it succeed here, and its analysis.
Leadership approach
New Zeeland is one of the countries known for its individualistic culture as it emphasizes individual rights and achievements. This, therefore, means that the two most important leadership styles that can be utilized in this corporation are democratic leadership and the transformational style of leadership.
Transformational leadership is a style of leadership that brings everyone on board in making crucial decisions. This type of leadership is very significant because it boosts morale and self-efficacy in the places of work. This is known for its downward influence tactics that significantly impact the performance ratings, organization influence, promotability, and job effectiveness. These leaders will use incentives to motivate the workforce to do their best (Ho COURSE TEXT: Chapter 12 Cited: Keegan, W. J., & Green, M. C. (2020).
Global marketing
(10th ed.). Retrieved from https://www.vitalsource.com
2 Global Marketing Channels and Physical Distribution
Learning Objectives
12-1 Identify and compare the basic structure options for consumer channels and industrial channels.
12-2 List the guidelines companies should follow when establishing channels and working with intermediaries in global markets.
12-3 Describe the different categories of retail operations that are found in various parts of the world.
12-4 Compare and contrast the six major international transportation modes and explain how they vary in terms of reliability, accessibility, and other performance metrics.
Case 12-1 Welcome to the World of Fast Fashion
The world of global fast-fashion is like a three-way horse race. Spain’s Inditex SA is the parent company of specialty retailer Zara; Sweden is home to Hennes & Mauritz AB, better known to shoppers as H&M; and Uniqlo is the flagship brand of Japan’s Fast Retailing.
Part of the appeal of fast fashion is the low prices. Also attractive is the speed at which inventories are replenished and updated with affordable versions of the latest runway trends from the world’s fashion capitals. The need for speed is fueled in part by social media. A key element for some fast-fashion brands is sourcing clothing from countries with low-cost labor in Asia and elsewhere. In Cambodia, for example, more than 400 garment factories are registered exporters.
However, some industry observers note that low prices actually carry high social and environmental costs. Chasing the latest trends means that shoppers often discard inexpensive garments after wearing them just a few times. This leads to a consumer mindset that clothing purchases are disposable, rather than long-term investments. Critics assert that unwanted clothing often ends up in landfills, and that the fast-fashion trend is not sustainable (see Exhibit 12-1).
Exhibit 12-1
Some critics assert that the fast fashion trend contributes to overproduction and a “throw-away” mentality. The result is vast quantities of discarded clothing as well as deadstock (out-of-season garments and unused textiles). This Saks Fifth Avenue window display by Vetements was designed to call attention to the problem.
For years, Tadashi Yanai, the founder of the Uniqlo (“Unique Clothing”) chain, pursued a business model that differentiated his company from its European rivals. Uniqlo’s focus was on everyday basics and a new-product development process that relied heavily on innovative materials.
Inditex is the world’s largest fashion retailer, with more than 7,000 stores in 92 countries. In addition to Zara, its brands include Bershka, Pull & Bear, and Massimo Dutti. The company does not advertise, and its motto is “The company doesn’t speak; the customer speaks for the company.” Unlike some of its competitors, Inditex keeps nearly two-thirds of it
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