Problem: Using Wal-Mart, prepare a paper in which you describe the relationship between strategic planning and financial planning.
A. Describe a strategic planning initiative for Wal-Mart and identify a strategic initiative discussed in Wal-Mart's annual report, which can be found on www.walmartstores.com. and on the attached file.
B. Describe how this intiative will impact the organization's financial planning.
1) How will Wal-Mart's initiative impact costs?
2) How will Wal-Mart's initiative impact sales?
C. Describe the risks associated with the initiative and the financial impact that these risks may have.