Post 2(due 04 Dec 2018)Introduce industry analysisUndertake a competitive analysis using Porter’s 5 forces model. You should pay attention tothe purpose of this analysis, the inter- connectedness of...

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Post 2(due 04 Dec 2018)Introduce industry analysisUndertake a competitive analysis using Porter’s 5 forces model. You should pay attention tothe purpose of this analysis, the inter- connectedness of different aspects of the competitiveforces, and their overall impact on the industry and the organisation selected in terms of maindriving forces in the competitive environment.Draw your conclusions based on your five-force analysis.

Critically evaluate the key issues that strategic analysis plays in a business or organisation thatyou are familiar with.

You are required to make journal posts. Each post should be 500 words (+/-10%)Use a mini reportformat for each post. An executive summary is notrequired.Sources should be acknowledged in-text and a reference list (not included in the length) should be posted at the end. Appendices can be included.
Answered Same DayNov 29, 2020MGT510Charles Sturt University

Answer To: Post 2(due 04 Dec 2018)Introduce industry analysisUndertake a competitive analysis using Porter’s 5...

Soumi answered on Dec 01 2020
163 Votes
Running Head: STRATEGIC MANAGEMENT    1
STRATEGIC MANAGEMENT        2
    
POST 2— INTRODUCE INDUSTRY ANALYSIS
Table of Contents
Introductio
n    3
Porters 5 Force Analysis of Walmart    3
Purpose of Porters 5 Force Analysis    3
Inter-Connectedness of Different Aspects of Competitive Forces    3
Overall Impact of the 5 Forces on Walmart and its Industry    4
Conclusion    4
References    5
Introduction
Walmart is an American retail giant that operates a chain of discount department stores, grocery stores and hypermarkets. It has establishment all across the globe and operate across various location and different culture. Walmart is known for its low price and large variety policy. Porter’s five forces analysis is an integral tool for analysing the external competition faced by an organisation. It is a simple yet a very powerful tool for competitors’ analysis. It is used by managers across the globe to identify the impact of the competitors on the organisation.
Porters 5 Force Analysis of Walmart
Purpose of Porters 5 Force Analysis
The purpose of Porter’s five forces analysis of Walmart is to assess the impact of competition on Walmart. In addition to that, according to the perspective of Brea‐Solis, Casadesus‐Masanell and Grifell‐Tatje (2015), the strategies framed by Walmart to deal with such competition and the effectiveness of...
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