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Sagot :
Answer:
The 3 important assets that Walmart can be used to remain competitive with Amazon have been listed below.
Explanation:
Driven by the increasing utilization of internet shopping, retail chains, together with Walmart, were concerned about its business model. However, as Walmart is still in a safe stance and has been for some moment, it could be said that this same corporation does have some methodologies to encourage Amazon, its biggest throughout the world corporation.
- Walmart seems to have the biggest independent water channel transportation system.
- It would have the fastest-growing traditional retail stores across the U.S. Just because of this, this has become a density.
- Also, this same strategy will enhance the percentage of warehouses and therefore a retail distribution channel.
The three key assets that Walmart can leverage (build on) to compete with Amazon and other online retailers are:
- Employee: Making a good and large investment of time, training and money in educating, developing and managing its employees will give them a good advantage over Amazon
- Their chains of stores: Walmart believes that their over 40,000 chains of stores as one of their key asset. the improvement of the interior and exterior of the stores, coordination and management will be a good advantage also.
- Walmart’s e-commerce: This is a major key asset of Walmat. Developing their e-commerce strategy to the best-in-class e-commerce and linking it with the assets of the retail organization can take them higher.
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