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Walmart

When one thinks of Wal-Mart, one can not help put think of globalization. Wal-Mart stores exist almost everywhere. With more than 5,700 stores worldwide, including the United States, one can see that globalization is a major key to business success for the Wal-Mart Corporation. With its leading competitors being U.S. based corporations in order to get the edge, globalization would be necessary. This move would widen the company’s customer base. “As of January 31, 2008, there were 971 Wal-Mart Discount Stores in the United States.” (en.wikipedia.org 2008) More than 10 stores exist in the greater Jacksonville area alone. A major part of the globalization comes from not only expansion of the business all over the world, but also from getting the bulk of the company’s products that it sells to consumers. The company benefits in the long run when it gets the products it sells from oversees suppliers than from within the United States and offer them at lower price that its competitors.
Wal-Mart offers a wide range of technology to their customers. The question at hand is how could Wal-Mart use technology to stay at the pinnacle of its success. The company is now starting to employ a new form of technology called radio frequency information or RFID for short. This technology helps the company tracks the goods that are shipped to and from its stores. This helps regulate the company’s inventory by cutting down counterfeiting and reducing theft. The decision to use this type of technology is possibly motivated by intrinsic factors such as companywide theft A bit of planning comes into play when making a decision about importing this new type of technology. Things to consider would be the cost of then new technology and how it would affect Wal-Mart financially and how the decision to use this technology would help keep the company dominant in its competitive market.

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