MGT 488 Week 1-Internal Risk Assessment
Internal Risk Assessment
MGT/488
Al Funderburk
Internal Risk Assessment
Wal-Mart operates throughout the world in various segments including super centers, neighborhood markets, discount stores, and the Wal-Mart website. Wal-Mart was founded by Sam Walton in 1962 and the headquarters is in the United States. Wal-Mart operates in the retail industry and offers products at low prices through its discount super stores and neighborhood markets. Wal-Mart’s net sales for the 2010 fiscal year were approximately $405 billion, a 1% increase from 2009 (Walmart Annual Report, 2010, p. 15). Wal-Mart also experienced 5.1% increase in operating profit from $22,798 million in 2009 to $23,950 million in 2010 (Walmart Annual Report, 2010, p. 15). Further, net profits increased from 7% from $13,400 million in 2009 to $14, 335 million in 2010 (Walmart Annual report, 2010, p. 30). Although the financial reports illustrate much strength for the company, weaknesses are prevalent within the corporation as well
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