MGT499 - Strategic Management Mod 1 Case Assignment Essay

MGT499 - Strategic Management Mod 1 Case Assignment - Essay Example82% of American households have made at least(prenominal) one purchase at Wal-Mart during an annum. Companys expansions are very aggressive where there is a new store opening every twenty-four hour period. However analyzing the growth and profitability trends over the years, there is a declining trend in terms of same store performance which is currently covered up by the aggressive new outlet openings. This paper aims to assess whether the caller-ups mission and objectives are soundly aligned with its stake holder needs that will al low-toned the long term sustaining of the companys success.Wal-Marts mission is Saving People Money so They Can Live Better This is the philosophy of the Wal-Mart founder Sam Walton who stated that If we work together, well lower the cost of living for everyonewell give the world an opportunity to see what its like to save and have a better life. This is the driving principle of the companys low cost-low price business model. The company claims that their core principles of 1) respect for the individuals, 2) Service to the customers and 3) Striving for goodness has been the cornerstones of their success as they move forward (Wal-Mart Stores Website 2008).While Wal-Mart has benefited from this business mission of offering every day low prices over the past decade, the trends indicate that the competition has intensified in the market and the competitors have streamlines their confess operations, benchmarking against Wal-Mart. They have managed to increase their internal efficiencies and cut back on cost structures, allowing them to bring their prices closer to Wal-Mart just now offer more value additions such as greater customer service, better product note and greater stores ambiance that has increased their appeal to the middle and upper income group strata. While the appeal of the low price offer has kept legions of low income customers loyal to the