Question

During this time of Pandemic, many businesses did not have contingencies for this type of risk. Please identify if Walmart has done a good job or a poor job managing risk. Please make recommendations the company can use in the future to improve or continue to grow.

Answer 1

Every business has a Disaster plans.But not at so big that they can shut for months .But Walmart do a great job and provide a better experience and facilities in tough times.It doing its job on a super level.

There are the accompanying recommendations for the company:

- The company should discover a purchaser who can either rebuild or put cash into the company with the goal that it can resuscitate first.

- The company ought not be possessed by a board of trustees as there are four flying gatherings having 205 stake each. The administration ought to be in the hands of the Walmart so as to settle on better choice for possibilities.

- The company ought to consistently guarantee some money related resources which are fluid so as to maintain a strategic distance from last second frustrations of credit from government specialists or different organizations.

- Analysis of appropriate cost structure and putting forth attempts to diminish that and monitoring it.

- Also continually keeping up holds for possibilities.

- The company should deal with the representatives working at the ground level .

- The company can take the greater part of its business online as it can do as such. It will permit the representatives to appreciate adaptability.

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