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An Analysis of Walmart Based on Its Internal and External Environment
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Abstract
In the contemporary global landscape of international trade, an increasing number of trade organizations have emerged, with Walmart prominently positioned among them. This article delves into a comprehensive exploration of Walmart's business and market dynamics, elucidating its trading strategies with a nuanced examination of profit methodologies, both external and internal environments, and the attendant risks intrinsic to its operations. In navigating the intricate terrain of international trade, Walmart confronts a spectrum of challenges. Effectively engaging in global commerce necessitates a keen focus on establishing a robust and adaptable supply chain network, a nuanced comprehension of local market exigencies, diligent adherence to regulatory frameworks, and an adept negotiation of cultural disparities. Furthermore, companies must actively discharge social responsibilities in the contemporary business milieu, aligning their practices with ethical imperatives. Within this multifaceted context, technological innovation emerges as a pivotal lever that Walmart strategically deploys to augment its competitive edge. Leveraging technological advancements is instrumental in heightening efficiency, reducing operational costs, and fortifying market positioning. This article contends that Walmart's sustained success in international trade hinges on a holistic approach that seamlessly integrates supply chain resilience, cultural acumen, regulatory compliance, and technological innovation. As Walmart navigates the intricate landscape of global commerce, its ability to harmonize these diverse elements contributes not only to its competitiveness but also to its stature as a global trade entity.
Keywords
Walmart, Internal and External Environment, Risk Assessment
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Cite this article
Zhang,W. (2024). An Analysis of Walmart Based on Its Internal and External Environment. Advances in Economics, Management and Political Sciences,77,142-147.
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Volume title: Proceedings of the 3rd International Conference on Business and Policy Studies
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