Problem
In Activity No. 1 you read the concept about studying the tools used to study economics framework. Kindly look the Integrative Case 1.1 Wal-Mart. Kindly answer the following questions:
Industry and Strategy Analysis
• Apply Porter's five forces framework to the retail industry.
• How would you characterize the strategy of Walmart? How does Walmart create value for its customers? What critical risk and success factors must Walmart manage?