Nobody downloaded yet

Wal-mart's Philanthropic Efforts - Essay Example

Comments (0) Cite this document
Wal-mart’s Philanthropic Efforts Introduction The philanthropic effort of Wal-mart is revealed through its global mission, “We save people money so they can live better.” Wal-mart’s core competencies are in line with its ability to provide low-priced products with high quality (Wal-mart, 2011; Wal-mart, 2010; Wal-mart, 2009; Wal-mart, 2008)…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER94.1% of users find it useful
Wal-marts Philanthropic Efforts
Read TextPreview

Extract of sample "Wal-mart's Philanthropic Efforts"

Download file to see previous pages For example, a smart buyer who would want to buy more out of her single dollar can actually meet this need at Wal-mart. It has got all, if not many, for every customer who would want to find more value for their money in today’s highly challenging economy. The main objective of this paper is to examine the philanthropic efforts of Wal-mart and how they are strategically aligned with its core competencies. Wal-mart emphasizes two important philanthropic points in its mission. Save people money There are many ways how an individual can save his or her money. However, Wal-mart emphasizes that each consumer can save their money with its various product and service offerings. For Wal-mart, saving money is associated with a low-priced product. Common sense suggests that money could substantially buy more if the products’ prices are remarkably low. In line with this, Wal-mart ensures that people can still attend to their other priorities by providing or offering those products that of substantial lower prices. For example, a particular consumer who is in a budget requires products that are substantially low in price so that there may still be left for other spending. This means that a one-kilo sugar needs not be too expensive so that there is still a way to buy coffee, milk, and others. However, Wal-mart also emphasizes that saving money is also associated with providing the best quality that customers can rely on. It ensures that customers can really make out the best of its offerings. This means that customers will still enjoy fresh and healthy fruits such as oranges, apples and others. Providing quality to each of its product offering would mean a lot to its consumers, so Wal-mart sees to it that by providing a higher quality it does not only entices people but build up trust among them. So here are the most important points of saving people money, it basically builds up the trust of consumers towards Wal-mart’s product and service offerings. This in return is strongly aligned with its core competencies (Wal-mart, 2011; Wal-mart, 2010; Wal-mart, 2009; Wal-mart, 2008). Living better To live a better life is another good promise of Wal-mart for its consumers. This is just the result of providing the best and competitive prices of its products for its customers. Wal-mart ensures that people can receive more, but above this is to allow them save even more. Product chain management Perhaps, one may wonder why Wal-mart can remarkably offer lower prices for its offerings. The answer lies on its product-chain management. For many years, its core competencies are rooted in here. It can offer lower prices for goods and other related products because it substantially cut back expenses that may be passed on to the final price of the product. In order to ensure that the market or retail price of the product is low, its strategy is to provide great effort on its product chain management (Wal-mart, 2011; Wal-mart, 2010; Wal-mart, 2009; Wal-mart, 2008). This is remarkably the root of Wal-mart’s core competencies. If it has to be analyzed, the company does not only look forward to how it can stand a cut above the other in its industry, but its aim is to help people save their money so as they could live a better life. Conclusion It is clear that Wal-mart is significantly trying to be a cut above the other in its industry by cultivating its core competencies through its low-price strategy for its product offer ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Wal-mart's Philanthropic Efforts Essay Example | Topics and Well Written Essays - 750 words”, n.d.)
Retrieved from
(Wal-mart'S Philanthropic Efforts Essay Example | Topics and Well Written Essays - 750 Words)
“Wal-mart'S Philanthropic Efforts Essay Example | Topics and Well Written Essays - 750 Words”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Wal-mart's Philanthropic Efforts


...suppliers to save costs (Ghemawat, Bradley & Mark, 2004). These are firm-specific advantages and they should think in terms of long-term relationship with their suppliers instead of squeezing them at every point (Rugman, Waters & Dossett, 2005). They also need to re-evaluate their low-cost strategy and benchmark their strategy against those of competitors (Evans. n.d.). They must consider the effect of five forces in their business’s competitive environment. Even with suppliers, Wal-mart has been accused of exploitation as they are known to squeeze their suppliers. Their purchase strategy too needs to be changed as they have not made efforts to build long-term relationship with their...
11 Pages(2750 words)Assignment


...?Evaluation Essay on Wal-Mart Introduction: The Wal-Mart has shown the art of retailing. The global retail giant came up with the concept of selling mass products in a discounted rate to the customers. The main concept was to sell in high volume with low price so the volume of the profit goes high. However, this paper will try to evaluate the success of Wal-Mart which is indeed the market leader in the retail industry, and it will prove the supremacy of the organization with personal experiences and supportive facts. Personal viewpoints and some observations about Wal-Mart: The base of this argument can be put as the undisputed crowd pulling ability and growing footfalls in Wal-Mart. There are many other retails stores... are there and they...
3 Pages(750 words)Essay


...and evaluate the cause of low sales. This would further enable Wal-mart to sit down with the partners and determine how to enhance sales. The value of RFID technology also depends upon the type of product involved. It would help to know how long the perishable goods have been in the supply chain. It can also help tag the response to new products introduced while also preventing theft. However, all their efforts did not fetch the desired results as the public was wary of privacy concerns. Chances of abuse of information from tracking the product tags were high. While the Wal-mart stores could items in the stores in the US, they could not kill the tags at...
3 Pages(750 words)Essay

Sustainability Efforts in Wal-Mart

...? Sustainability Efforts in Wal-Mart Sustainability Efforts in Wal-Mart Introduction An organization’s long term sustainability depends on the effective performance of four major functions including planning, organizing, leading, and controlling. A firm, regardless of the industry it belongs, has to design long-term and short-term strategies to pace with the changing business environment. Strategic efforts taken in this regard can be termed as sustainability efforts. This paper will explore the sustainability efforts of the Wal-Mart, an American...
6 Pages(1500 words)Research Paper


... Wal-Mart Wal-Mart's humble beginnings started out in the 1940's as a variety store franchise In Bentonville, Arkansas. Wal-Mart's founder, Sam Walton Ben Franklin stores were a chain of variety stores owned by Butler Brothers, a regional retailer. Among, included in the Butler Brothers franchises included variety stores such as the Ben Franklins and a chain of department stores known as the Federated Stores. (Wal-Mart) On October 31, 1969 Wal-Mart was established as a corporation under the name Wal-Mart Stores, Inc. Very soon after in 1970, this was followed by the opening of Wal-Mart's business headquarters in Bentonville, Arkansas and the opening Wal-Mart's very first distribution center. (Wal-Mart) Currently, Wal-Mart operates... as the...
4 Pages(1000 words)Case Study

Wal mart

...Wal-Mart Question On the basis of the understanding of the case, it can be d that there is very less possibility of Wal-Mart to win the case that was sued against the company by its women employees. As per the court documents are concerned, Wal-Mart’s employee strength is over one million, out of which two-third are women but it has been found that only one-third of its managerial positions has been accounted by the women (Sournar, 2007). With reference to a case of sex discrimination against U.S. Information Agency by more than 1000 women who were refused employment on the basis of gender discrimination in the year of 2000 which was...
1 Pages(250 words)Essay


...Wal Mart Competitors’ home, supplier, and partner countries 2) and supplier bypass 3) Political, legal and regulatory climate Competitor Country features: Walmart’s business models centers around the everyday low price model. Its supply strategy in its home country was to build stores in remote locations where other stores were not available, thereby creating markets and adequate sales volumes to generate economies of scale from them. It is a discount store outlet, focused on marketing brand names for lower prices. Similar stores such as Woolco and Kmart were not as successful as WalMart, because the latter had some unique operating principles which worked to its benefit. After four decades of operation, Woolco outlets have... Mart...
2 Pages(500 words)Essay


...Marketing Strategy Marketing Strategy Wal-Mart is a store that was created with the intention of providing daily household goods that a typical family requires. It provides a broad range of merchandise with its emphasis being on the brand products and the low prices they have. For the company to achieve all this, it had to use unique marketing strategies. It started out with advertising just like the other members of the industry who were using the newspapers but later changed when the results were dismal (Soderquist, 2005). It abandoned the strategy of advertising in the newspapers because of the inconsistency involved with it and took to using the television. The competitors were using television...
2 Pages(500 words)Research Paper


...Establishment of a Wal-Mart store in a small town: effects on the community Introduction The establishment of superstores in small towns has become a common trend worldwide. Such strategy is often considered as appropriate for reaching new markets, a fact that can lead to the significant increase of these firms’ existing customer base. Still, in practice these initiatives have caused severe turbulences in local markets. The use of this strategy by a well-known megastore, Wal-Mart, is explored in this paper. The efforts of Wal-Mart to establish a store in a small town need to be reviewed as they can be related to a series...
3 Pages(750 words)Research Paper

Wal mart

... Walmart Financial Analysis Social Responsibility. There are two perspectives as to whom organizations are socially responsible: the shareholder model and the stakeholder model. a. Which model to do you think applies to Walmart? Explain why. I think Walmart uses both models because it has a diversified range of stores across the globe that are under a team of managers, and utilizes all opportunities in the market. b According to the model you subscribed to Walmart under 4a, who do you think gains the most from Wal-Marts business model? Again, explain why. Opening of new stores, adoption of new technological measures, using a combination of technologies to enhance performance, increasing product volume and store manager incentive...
1 Pages(250 words)Assignment
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Wal-mart's Philanthropic Efforts for FREE!

Contact Us