Walmart Economic Development Quarterly

Question: Describe about the Report of Walmart for the Economic Development Quarterly. Answer: Stakeholder analysis of Wal-Mart Stakeholders are the persons who are directly and indirectly responsible for the up gradation as well as degradation of any organization. They help the organizations to implement the correct and required strategies for the betterment of that particular organization. Being one of the most successful and renowned multinational company, Wal-Mart has many stakeholders, though only some of the stakeholders have the actual influence on the business of the company. The prime stakeholders of the company are based on the interest they share. They even contains different levels of priority. The main stakeholders of the Wal-Mart company are, Investors Customers Employees Suppliers Each of the stakeholders has their own importance and value to the organization as a whole. Each of them also has some certain task and responsibility to perform. Being a well settled multinational company Wal-Mart is capable of managing their stakeholders in such a manner that they are turning beneficial for the company as a whole (Persky and Merriman, 2012). Issues of the stakeholders Stakeholders are a vast aspect of any organization, which means it is quite clear that many issues occur regarding the stakeholders of any organization which should always be prevented for the betterment of the company. For Wal-Mart Company, there are many issues regarding the stakeholder, such as the refusal of the investors, negative feedback from the customers, disobedience and bad performance by the employees and refusal of the suppliers. To prevent these kinds of issues the management of the company must be more conscious. If all the mentioned issues are prevented by proper strategies the company would surely be able to improve their business as well as profit (Roberts and Berg, 2012). References Persky, J. and Merriman, D. (2012). Focus Issue: WalMart.Economic Development Quarterly, 26(4), pp.283-284. Roberts, B. and Berg, N. (2012).Walmart. London: Kogan Page.