Walmart's Latest E-Commerce Strategy In The Business?

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While Walmart has seen success in their On-line expansion it is still small potatoes compared to their in store sales. Walmart has grown to be the largest brick and mortar retailer in the world. A key challenge is not sacrificing the success of their retail stores to compete in the E-commerce market. However, with more people doing their shopping online and Amazon's push into brick-and-mortar with Whole Foods, Wal-Mart faces a major risk. Driving more customers to pick up online orders in stores is a key piece to its new strategy. If a customer is going to Walmart to pick up an online order, that customer can buy groceries or that household item while he or she is there, instead of at one of Wal-Mart's competitors (Levy,2017). Risk mitigation planning is the process of developing options and actions to enhance opportunities and reduce threats to project objectives Mitigation of risk is a part of the discipline of risk management. …show more content…

Continual improvement drives an organization to be both analytical and creative in finding ways to become more competitive and more effective at meeting stakeholder expectations. Reference: Levy, A. (2017). Wal-Mart's Latest E-Commerce Strategy Is a Big Risk. The Motley Fool. Retrieved from: https://www.fool.com/investing/2017/11/14/wal-marts-latest-e-commerce-strategy-is-a-big-risk.aspx Levi, Daniel. Group Dynamics for Teams. Sage Publications, Inc., 2001. Sandilands, T. (2017). Examples of a Mitigation Plan. Chron. Retrieved from: http://smallbusiness.chron.com/examples-mitigation-plan-24507.html Yohn, D. (2017). Walmart Won’t Stay on Top If Its Strategy Is “Copy Amazon” Harvard Business Review. Retrieved from: https://hbr.org/2017/03/walmart-wont-stay-on-top-if-its-strategy-is-copy-amazon WHAT IS TOTAL QUALITY MANAGEMENT (TQM)? (2017). ASQ. Author unknown. Retrieved from:

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