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Sunday, April 21, 2019

Research Proposal Approach Essay Example | Topics and Well Written Essays - 500 words

Research Proposal Approach - stress ExampleThe formulation of organizations strategic plan does not necessarily mean it is pursue strategic alignment (Akpan, 2007). Therefore, this airfield seeks to align Walmarts strategic plan with its operations.Strategic alignment in this study means the alignment of companys goals with internal and outside factors to earn competitive advantages. The heading of this strategic alignment is to enhance Walmarts business operation and it plan. It will make the goals clear, flexible, attainable, and in furrow with the overall companys objectives. This study will attempt to align Wal-Marts mission, vision, and people strategies and esteem statements with the proposed strategic plan. Walmarts mission is Save money, live better and its vision is respect for the individuals service to our customer and striving for excellence (Walmart, 2015). Also, there are value statements such as Everyday Low Prices (EDLP) (Walmart, 2015).This study will start b y defining Wal-Mart because it will be the focus of the strategic plan. It is a utility(prenominal) research. The secondary research draws heavily on available data (Akpan, 2007). There are two types of teaching that are needed for the purpose of strategic planning. The study requires internal milieu data and external environment data. The Wal-Marts internal environment entails factors and characteristics that indicate its strengths and weaknesses. The sources that will generate this information include companys financial statements and reviews, and employees views from previous studies. Employees views are important because they will make the study not to disconnect the schema and operational reality.The external environment entails factors and characteristics that indicate Wal-Marts opportunities and threats. The sources of that will generate data and information for external environment analysis are statistical studies academic institutions, trade

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