Decision making and problem solving
Document preview:
The paper finalizes by giving interventions to deal with these crises. During the past five years, Wal-Mart attempt to maintain its growth has been met with numerous setbacks and challenges (Wooten & James, 2014). Firstly, its main competitors including Costco and Target stores are prospering while Wal-Mart remains constant. This implies that in future, these retailers might overtake Wal-Mart and lead to its downfall. Again, Wal-Mart has continuously received complaints from the customers regarding poor customer services. In the future, Wal-Mart it is still expected that Wal-Mart will continue to face more critics from its opponents. Moreover, competition is also likely to get stiffer and thus decline in Wal-Mart’s revenues. In addition, due to fear of the rising global financial crisis, the company is expected to close numerous stores and dismiss some of its employees (Jacquet et al.Considering the crisis Wal-Mart is facing, there is a great need to come up with interventions to help ...
Decision making and problem solving
This might be interesting
Can’t find the right project?
Our experts can help you get one from scratch.
Sign Up Studybay