Running head: WALMARTS SUCCESS STRATEGIESWalmarts Success StrategiesStudents nameInstitutional affiliationDate1WALMARTS SUCCESS STRATEGIES2Walmart Inc. Vision, Mission, and ObjectivesWalmart Inc. is an international corporation providing food and other products in majorparts of the world, with headquarters in the United States. The company has a vision of being thecustomer's destination of saving money regardless of how they intend to shop. Recently, Walmartadopted mission in which it prioritizes saving customer's money by facilitating better livingstandard has come to effect with exceedingly good returns. The company prides itself on itsobjective, providing safe, affordable food, and other products to its customers throughout the world(Ferguson, 2019).Walmart Inc. core competencies and strategiesAs a way of strategizing to maximize overall profitability, the organization has, over time,developed and implemented certain policies to enhance its success and to remain competitively.The core competencies here refer to the particular measures and strategies that are uniquely usedby the company as a competition tool. Cost generic strategy is one of such tools employed by theorganization. It is a strategy where the company minimizes the use of finances and maximizesprofits. It, therefore, means that for every process in the company, it is executed with the minimalpossible amounts of money with a highly anticipated yield of benefits. Besides, ...
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