Foundations & Current Challenges in Strategic Management
In a narrative format, discuss Wal-Mart from a strategic perspective. Discuss Wal-Martâ€™s strengths and weaknesses? Information concerning recent changes in the firms is readily available online and should be accessed. Strategic issues should be discussed in â€œreal time.
How has Wal-Mart grown from a small region chain to the largest discount retailer in the world? How has its strategy contributed to the firmâ€™s growth?
What challenges does Wal-Mart currently face at home and abroad in its attempt to maintain industry dominance? Is it feasible that Wal-Mart will fall from the top position in the next decade? Why or why not?
Suppose you are the manager of a small electronics store in a community of 10,000. Wal-Mart has just opened a store across the street? What changes would you make to surviveâ€”and thriveâ€”now that Wal-Mart has come to town?
Helpful tips and follow these guidlines please.
The case assignment for each unit can be found at the bottom of the â€œReadâ€ assignment, and is titled Real-Time Case. You will answer four essay questions per case. Each of your essays should be no less than 200 words and no more than 400 words long. Your case study assignments are divided into three parts: Summary, analysis, and application.
Summary. In your summary essay, please focus on recent changes/issues of strategic significance that you have found online. Identify the key facts and critical issues in terms of Strategic Management. Do not include any analysis in this summary essay; reserve all analyses for the two analysis essays. Remember to focus on “Real Time” strategic issues. This means about two-thirds of your essay should be focused on real time issues (within the past three months is best, but certainly not older than 12 months). Do not rely on a ready-made SWOT analysis. You need to write your own summary of primary sources.
Analysis. Your case analyses will be accomplished by answering two essay questions per case. Use appropriate citations to support your claims, but avoid repeating details that should have been part of your case summary (the first essay). Limit the use of direct quotations; paraphrase instead of quoting directly. Do not rely on a ready-made SWOT analysis. You need to perform your own analysis.
Application. In the application essay, you will apply strategic management concepts to specific situations. The essay questions require you to write what you would do in each situation; make sure you demonstrate the ability to integrate concepts you have learned in the course. Evaluation of each unit will be completed within one week of the specified deadline.
Discuss: Postings for the â€œDiscussâ€ assignment should each contain a minimum of a 120-word initial response. You should also post responses to at least TWO students in your class; responses should be a minimum of 60 words each. Please provide substantive responses; it is not acceptable to state simply that you agree, or that the classmateâ€™s initial response was good.