WalmartStrategic Plan Part 1: OverviewGrand Canyon University: MGT-660 (StrategicManagement)01/04/2019
Walmart Inc.•“Walmart Inc. is an American multinational retail corporation that operates a chain ofhypermarkets, discount department stores, and grocery stores. Headquartered inBentonville, Arkansas, the company was founded by Sam Walton in 1962 andincorporated on October 31, 1969. It also owns and operates Sam's Club retailwarehouses. As of January 31, 2019, Walmart has 11,348 stores and clubs in 27countries (Walmart, n.d.)”.Strategic Plan•A strategic plan generally go through bunch of strategic planning like an organizationalmanagement activities which is used to select topmost preferences, concentrate on powerand capitals, reinforce actions, make sure that workforces and other shareholders areoperational to corporate objectives, create contract about proposed results/outcomes, andmeasure and regulate the organization's way in response to a fluctuatingatmosphere. Formerly strategic plan is practice as a manuscript to interconnect with thesubdivision employees to achieve the organization goals, the activities desirable to attainthose goals and every other serious essentials established through the planning process.
Market EntryMarket entry strategy is related to the activities associated with bringing a