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1. What are the three key assets that Walmart can leverage (build on) to compete with Amazon and other online retailers

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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