One of the large factors in Walmart’s external environment that would have an effect on operations would be the economy. Right now the economy is facing another recession, inflation has increased and unemployment rates have decreased. In the general environment, Walmart has to ensure that managers and associates adhere to policies and procedures to ensure that customers receive products and services through a low-cost strategy that has ensured the success of the organization for many years.
How does Walmart address large issues such as the economy in its strategies?