Global Fortune 500 company and summarize its history conduct a SWOT analysis for Walmart Company

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Business Finance

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In this Assignment, you will select a Global Fortune 500 company (it cannot be a company you work for) that operates in the United States and in other nations around the world. Make sure it is one you are interested in and has plenty of good sources of information available.

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Attached.

1

Running head: WALMART

Walmart Company
Institution:
Date:

WALMART

2

Walmart is a retail company that operates internationally. As an American multinational
company, the firm operates on hypermarkets, grocery, and departmental stores. The firm has its
headquarters in Bentonville, Arkansas. According to Global Fortune 500 in the year 2016,
Walmart company is the largest firm in the world in terms of revenue. The company continues to
grow in all spheres, and it is expected to increase its revenue in the coming years. This paper,
therefore, seeks to explore the history, political, social and economic forces affecting the
company, financial performance and SWOT analysis of the firm as well as factors needed to
predict, plan and alter the future of the retail company for the better.
Sam Walton is known as the founder of the company in the year 1962. In the year 1945,
Walton bought a branch of the Ben Franklin stores which was then under the Butler brothers.
Walton did this with the aim of selling his products at a lower price to have a higher volume of
sales while at the same time getting a small amount of profit. In actuality, his vision was to create
customer loyalty and build a firm that was to operate and meet the needs of the society of all
classes at large. In his first five years, he made an increase in revenue despite the challenges
which he faced in the first years. After some period, the lease for the location expired, and
Walton opened a new store which was located at Bentonville (Farris, Farris, Shames, Shames,
Mitchell & Mitchell, 2017). Within the first five years, the firm expanded to 24 stores in entire
Arkansas. It is during the year 1968 that the firm opened its first store outside Arkansas. As such,
stores were opened in Oklahoma, Claremore, Missouri, and Sikeston.
The year 1969 saw the company incorporated as Wal-Mart, Inc. this resulted in the
change of the name into Wal-Mart Stores, Inc. in 1970. By this time, the company had 38 stores
with 1500 workers. Its first home office and a distribution center were then opened in
Bentonville. The company was selling stock at this particular period as ...


Anonymous
Awesome! Perfect study aid.

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