Walmart’s Stakeholders: Analysis

Walmart’s Stakeholders: Analysis

Walmart’s stakeholders affect the strategic plans and directions of the company. Such stakeholders are individuals or teams which the business directly or indirectly affects. Hence, they develop impacts on the Walmart’s businesses to push corporation considering their goals and objectives. With the company’s large size and worldwide scope of activities, there are many stakeholders in Walmart. Thus, only a few stakeholders have the important effect on the corporation. For one to understand the dynamics of the interaction among the businesses and stake holder management should identify such stakeholders and its interests. Walmart utilizes such information to direct decisions in achieving the satisfactory management position in stakeholder leadership (Barnett, 2014).

Management decisions at the Walmart are based partly on the corporation’s stakeholders. Hence, company and the stakeholders affect each other.

Walmart’s Stakeholder Groups

Walmart’s stakeholders are grouped basing on their shared demands and interests. The stakeholder teams also have diverse stages of priority basing on the company’s policies and beliefs:

a. Investors

b. Customers

c. Employees

d. Suppliers

Investors are the stakeholder team or group with Walmart’s biggest priority. The suppliers have less priority. However, the entire stakeholder teams are used in the decision-making processes of the company’s. Prioritization of the stakeholders in Walmart’s is same for such of various businesses having investors always getting the highest priority (Dodds, 2015).

a. Investors

Investors are Stakeholders having top priorities in Walmart’s. They are always interested in the profits from the company. They need Walmart to acquire high profits that result to higher earnings per share or dividends. Moreover, investors are always interested in reducing the company’s operational costs. The lower costs of operation usually result in more profits for Walmart’s investors that are beneficial.

Walmart Company prioritizes the investors in their strategies. It is the major reasons why Walmart Company continues to reduce operation costs for instance through the reduction of wages. The theory recommends that the initial goal of business is to create profits. Hence, there can be no businesses at all. The company prioritizing investors like the main stakeholders, it simply requirements such theoretical primary goal of the businesses.

b. Customers

Customers are the second priority to Walmart. Customers are commonly included as the stakeholder group in