Financially strong company
A further comparison of a quarterly period between March 2007 and March 2008 reveal that the results surpass the expectation of the company owing to the continual strength of grocery, healthcare and entertainment business segments of the United States. The implication from the above figures is that Wall-Mart is a financially strong company and has very good potential of penetrating the global world markets (Schumacher & Simley, Wal-Mart Reports February Sales).
In concluding the analysis therefore it is important revisit the main themes which arise from the study. First the fact that Wal-Mart has enormous potential of dominating not just local but international market cannot be overemphasized. In fact, Wal-Mart is actually planning to venture into the financial market more so Wal-Mart Canada which is threatening to enter the low-cost credo into the industry of finance (Shaw, Wal-Mart files for Canadian banking licence).
The company has actually made an application for a banking license thereby reaching the levels of well known retailers like the Canada Tire, the Sears and the Loblaw (MarketWatch. Wal-Mart may be a mulling small-store strategy: report). At the same time, it has to be noted that despite the good potential of doing well that the company has, it has to be noted that it will not be a smooth sailing for the company. The industry is dominated by other similar companies which are equally doing well thus the company needs to be fully prepared as it plans to expand its operations.
Order custom essay Financially strong company with free plagiarism report
450+ experts on 30 subjects
Starting from 3 hours delivery
For instance the company needs to set up an aggressive campaign strategy aimed at increasing the public awareness for the products ands services of the company. Equally, there is need for the company to employ sound financial systems which will ensure that the company continues to accumulate its financial strength without engaging in any fraudulent activities or any other form of mismanagement (Dalrymple, Get Rich with Good Habits).
Work Cited
Dalrymple, Mary. Get Rich With Good Habits. E*Trade Financial, 2007 Frank, T. A. A Brief History of Wal-Mart, Washington Monthly, April 1st, 2006. Available at www. reclaimdemocracy. org/walmart/2006/history. php> accessed on 08-10-2008 MarketWatch. Wal-Mart may be a mulling small-store strategy: report, New York, 2007 Money & Co. Wal-Mart returns to darling status on Wall Street, Los Angeles Times, 2008
Cite this Page
Financially strong company. (2018, Mar 29). Retrieved from https://phdessay.com/financially-strong-company/
Run a free check or have your essay done for you
