Walmart: Scanning the External Environment Brenda Catron, Ashley May, Darrelle Pan, Elizabeth Patz, Bobbi Ready, Diana Velez & Hridya Warrier STR/581 March 23, 2015 Dan McFadden EXTERNAL ENVIRONMENTAL FACTORS Most Vital External Environmental Factors: REMOTE| Affects that are beyond control or influence INDUSTRY Businesses providing a similar product or service EXTERNAL OPERATING ENVIRONMENTS The acquisition and use of business resources EXTERNAL ENVIRONMENTAL FACTORS Most Vital External Environmental Factors: REMOTE| International Expansion, Generate New Revenues, Online Sales INDUSTRY Costco Wholesale Corp., Target Corp. and Big Lots, Inc. EXTERNAL OPERATING ENVIRONMENTS Numerical goals lead to stretched ethical boundaries (Tracy Morgan Lawsuit & Bribery Scandal) WALMART’S BEST GROWTH POSSIBILITIES Positive Statistics Rise in E-Commerce Revenues Stiff competition opens doors for numerous possibilities RESOURCES What is the difference between an Environmental Analysis and a Marketing Environment? http://smallbusiness.chron.com/difference-between-environmentalanalysis-marketing-environment-21535.html Walmart Investors Worry Plenty About Tracy Morgan Lawsuit http://www.forbes.com/sites/adamhartung/2014/07/15/walmartinvestors-worry-plenty-about-tracy-morgan-lawsuit/ Walmart Mexico Bribery Scandal http://www.forbes.com/sites/adamhartung/2012/04/26/walmartsmexican-bribery-scandal-will-sink-it-like-the-icerberg-sank-the-titanic/ Walmart's Wealth of Worldwide Outlets. June 2013. Statista. Retrieved from http://www.statista.com/chart/1230/walmarts-wealth-ofworldwide-outlets/ Wal-Mart Expects 30% Rise In E-Commerce Revenues This Year. June 2013. Forbes. Retrieved from http://www.forbes.com/sites/greatspeculations/2014/06/09/wal-martexpects-30-rise-in-e-commerce-revenues-this-year/ RESOURCES Walmart's latest venture: 'We want to be the #1 health care provider in the industry.' October, 2014. Advisory. Retrieved from http://www.advisory.com/daily-briefing/blog/2014/10/walmartslatest-venture Wal-Mart SWOT – Internal Strengths Large Market Share Strong Diverse Employee Base Wide Product Base Strong Brand Recognition ◦ Wal-Mart ◦ Sam’s Club ◦ Neighborhood Wal-Mart Financial Leverage ◦ Purchasing power ◦ Stakeholders Wal-mart SWOT – Internal Weakness SWOT Analysis WEAKNESSES STRENGHTS •This is an example text. •Go ahead and replace it with your own text. Market Share Wide Span of Products Employee Base Financial Leverage OPPORTUNITIES SW OT THREATS •This is an example text. •Go ahead and replace it with your own text. •This is an example text. •Go ahead and replace it with your own text. 1. 2. 3. Introduction SWOT Three 4. Four 5. Five 6. etc 19 References: Fortune 500 2014. (2014). Retrieved March 20, 2015, from Walmart Stores: http://fortune.com/fortune500/ Overview Financials. (2014, January). Retrieved March 20, 2015, from Wal-Mart Stores, Inc.: http://cobrands.hoovers.com.contentproxy.p hoenix.edu/company/WALMART_STORES_INC/rrjiff-1-1NJHW5.html (n.d.). Strategic Management: Planning for Domestic & Global Competition, 13th Edition. In Pearce. McGraw-Hill. References What is the difference between an Environmental Analysis and a Marketing Environment? http://smallbusiness.chron.com/difference-between-environmentalanalysis-marketing-environment-21535.html Walmart Investors Worry Plenty About Tracy Morgan Lawsuit http://www.forbes.com/sites/adamhartung/2014/07/15/walmartinvestors-worry-plenty-about-tracy-morgan-lawsuit/ Walmart Mexico Bribery Scandal http://www.forbes.com/sites/adamhartung/2012/04/26/walmartsmexican-bribery-scandal-will-sink-it-like-the-icerberg-sank-thetitanic/