Saturday, October 19, 2019
Intro to business Assignment Example | Topics and Well Written Essays - 500 words - 2
Intro to business - Assignment Example This has pushed away the desire of many willing to work at the stores. Moreover, in most cases, most people in urban areas are liberals who probably target the nearby shops where stuff goes for just about as cheaply compared to the Wal-Mart stores. This has contributed immensely to retrenchment of the Wal-Mart stores. As an expedient solution to the food desert problem, exertions have been made to finally make it possible the entry of Wal-Mart to lucrative urban markets from which it has long been excluded (Roberts and Berg 160). Wal-Martââ¬â¢s corporate management team has over the past decades toiled inside its ââ¬ËBentonville Bubbleââ¬â¢ in order to win the approval of zoning commissions and committees. This entails focusing on the operational efficiency, the growth of the company and its subsequent profits. However, this has proved not efficient enough and the company has widened its sights, built networks of employees, government agencies, nonprofits and suppliers to ââ¬Ëgreenââ¬â¢ its supply chain. By seeking the approval of zoning commissions and committees, Wal-Mart will be in a position to increase its profitability. In order for the company to excel, it has cultivated closer relationships with its suppliers that have immensely contributed to initiatives. Moreover, Wal-Mart has gone further to build bridges between environmental nonprofit organizations and suppliers (Roberts and Berg 149). Most importantly, relying on external network collaborates such as the NGOââ¬â¢s has allowed the company to accomplish most of its objectives devoid of major investments since suppliers tend to absorb most of the costs of certification. Arguably, retailers often face a fast-expanding, multi-pattern competitive set that deprive them the opportunity to realize where they are heading. Wal-Mart as one of the leading companies in terms of sales may face quite a range of challenges once it runs significantly smaller stores. Change in technology and use
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