Reference no: EM132235324
Assignment
Answer the assigned questions completely and in narrative, third person format. The paper consist of 1300 WORDS. Also, include at least three (3) scholarly sources in your responses. Paper must be completed in APA format. NO PLAGIARISM!
1. Name one company that has failed/gone out of business in the past five years. What led to the failure of this company? How could the company have applied best practices in business strategy to avoid failure? Response should consider key concepts such as Industrial Organization (IO) Theory, Contingency Theory, Strategy and the Internet.
2. In a narrative format, discuss Wal-Mart from a strategic perspective. Discuss Wal-Mart'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 "real time. (300 words)
Case Analysis
3. 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 firm's growth? (300 words)
4. 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? (300 words)
Application
5. 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 survive-and thrive-now that Wal-Mart has come to town?(300 words)