Assignment 5 Swot Analysis

Company Analysis – Wal-MartIntroductionWal-Mart is the leading retailer in the world with its cost leadership strategy. It has its operation in more than 27 countries under 69 different banners with 2.2 million associates worldwide (Walmart Corporation, 2012). This paper will analyze the SWOT and porter five force model for Wal-Mart and also provides the suggestions for increasing the profitability and competitiveness. After this, it would also present a communication plan with the mechanism of corporate governance that helps the organization to hold its business strategies effectively. Impacts of Mission, Vision and StakeholdersMission Statement: Wal-Mart’s mission statement is “we save money of people, so they can live better.” This statement directly focuses over the reduction in products and services cost continuously that also helps the organization to get the leading position in the retail industry (Walmart Corporation, 2012). It helps the employees for working together and also assist the consequently keeping the cost lower for people, which increased the preference of Wal-Mart’s products and services among customers. Vision Statement: The vision of the organization also describes the function of the organization that works to increase customers’ living standards and also provides quality products to the customers