STR 581 Alabama A & M University Week 2 Walmart Strategic Plan Research Paper

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STR 581

Alabama A & M University

STR

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Assignment Content

  1. In this course, you will be analyzing an existing strategic plan based on the information you have learned throughout the coursework in your MBA program.
    Research and select a sample strategic plan in an industry with which you are familiar or interested. Be sure it includes the various components of a typical strategic plan. Reference Figure 1.1 “Identifying a Company’s Strategy—What to Look For” in Ch. 1 of your text. This is your opportunity to create your own company - be an entrepreneur!!!!
    Identify in 350 to 525 words what the plan does well, in addition to areas for improvement.
    Discuss whether the plan:
    • Clearly states where the organization is going and how it will get there
    • Evaluates the organization’s external and internal environments
    • Includes a people plan and addresses achievement of a diverse workforce
    • Includes corporate social responsibility and environmental sustainability

    Submit the plan and its citation to your faculty member for approval. This will be used in Wks 4 and 5 of the course.
    Resources
    RubricWk 2 - Apply: Strategic Plan Research (10 points)1. Introduction and company description 20% of total grade2. SWOT analysis diagram 10% of total grade3. Internal factors evaluation 23% of total grade4. External factors evaluation 22% of total grade5. Conclusion and competitive advantage evaluation 20% of total grade6. Critical thinking 2% of total grade7. Mechanics and grammar (SYNTAX) 2% of total grade8. Information literacy (REFERENCES) 1% of total grade

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1

Strategic Plan Research

Student’s Name
Institutional Affiliation
Course
Professor’s name
Date

2
Strategic Plan Research
In operating a business, a strategic plan is a fundamental document that communicates
the institutional goals and the actions required to accomplish the goals and objectives of the
company. Thompsom, Peteraf, Strickland, and Gamble (2020), pointed out that an institutional
strategy maps out where a company is heading through the establishment of the strategic and
financial target, including an outline of the primary business model, competitive move, and the
approaches that a company lays down to attain the desired outcome. For this strategic plan
research, the selected company is Walmart Inc., one of the multinational retail corporations
operating hypermarkets, grocery stores, and discount department stores across the U.S and
globally.
Walmart Strategic Plan
Walmart’s Inc.’s future goals include promoting environmental sustainability that the
company intends to achieve through zero-emission by 2040. The strategic plan focuses on
protecting, managing, and restoring over 50 million acres of land and using 100% renewable
energy by 2035. Wa...


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