Foundations and Current Challenges in Strategic Management

In a narrative format, discuss these firms from a strategic perspective. Information concerning recent changes in the firms is readily available online and should be accessed. Strategic issues should be discussed in "real time."

1. How has Wal-Mart grown from a small region chain to the largest discount retailer in the world? How has its strategy contributed to the firm's growth?

2. What challenges does Wal-Mart currently face at home and abroad in its attempt to maintain industry dominance? Is it feasible that Wal-Mart will fall from the top position in the next decade? Why or why not?

3. Suppose you are the manager of a small electronics store in a community of 10,000. Wal-Mart has just opened a store across the street. What changes would you make to survive?and thrive?now that Wal-Mart has come to town?