Wal-Mart Mission, Vision and Primary Stakeholders

Strategic Management Vision Mission Assignment help On Wal-Mart: Wal-Mart  Mission, Vision and Primary Stakeholders Assignment Help Wal-Mart is the leading retailer in the world with its cost leadership strategy. It has its operation in more than 27 countries under 69 different banners with 2.2 million associates worldwide.

Impact of Mission,

Vision and Primary Stakeholders: The mission statement of Wal-Mart is, “we save money of people, so they can live better.” This mission statement reflects the focus of Wal-Mart towards reducing the cost of its products and services continuously and to achieve the leading position in the retail industry (Walmart Corporate, 2012.

The vision of the organization is also to increase the living standard of people by providing them quality products at lower cost, which increased its customer base and facilitated it as the market leader in retail industry. The mission helps the employees to work together and consequently keeping the cost lower for people, which increased the preference of Wal-Mart’s products and services among customers. The management of the organization also includes the flexible and supportive polities, which encourages the employees to provide their best efforts, which also helped the organization to achieve the success. At the same time, management of Wal-Mart is also focused on lowering of its cost on continuous basis, so that it could obtain a large customer base, which facilitates success for the firm. The employees and management both pursue for the decline in cost of living of people by adopting new and advanced tactics and strategies to reduce the cost of its products and services. It has also made the long-term contracts with suppliers, which has reduced its overall cost and has facilitated a significant contribution in the success of the firm by increasing customer satisfaction through providing them quality products at demand.

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