Provide a little background on the two companies, but more than anything i want you to focus
Question:
Provide a little background on the two companies, but more than anything i want you to focus greatly on what each does to generate competitive advantage.
What are the changing factors in the external environment (customers, suppliers, economic, demographic, social, legal, technological, etc.)? Perform an assessment of the retail industry by providing a "porter's five forces analysis." how much profit potential does the industry have and what are the "critical factors" or key objectives that successful retailers must focus upon?
Perform a financial comparison between Wal-Mart and Amazon. use the ratios evaluations you find by analysts on the internet. Where does Wal-Mart hold the upper hand vs. where does Amazon have better performance? Where do each face challenges?
Most importantly, if you were advising the CEO and top management of each firm, tell me specifically what you would do to greatly improve areas of weakness and take advantage of areas of strength or potential strength. What major initiatives would you institute and why? it may look like a lot but it's not.
Strategic Management Text and Cases
ISBN: 978-1259196553
7th edition
Authors: Gregory Dess, Tom Lumpkin, Alan Eisner, Gerry McNamara