In: Economics
List all possible Stakeholder groups (be specific in identifying each group) for these companies
AMAZON and WALMART
Briefly compare their business models. Considering that they are direct competitors (in many products), how are their models similar and how are they different?
How does the difference in business models affect stakeholder groups (if at all)?
Walmart is a company of discount retailing which operates the
the retail store and supercenters warehouse clubs websites and many
more. It has more than 11400 retail units among 27 different
countries and e-commerce websites all over 11 countries. Walmart is
the world's one of the largest retailer and employer. It works
profitably and also has growth. Walmart brings stores together.
Walmart bring stores together along with logistic network and
capability is of e-commerce for empowerment of the customers to the
shop anytime.
Amazon is the world's biggest retailer online.it has a diversify
product categories all over the world.Amazon maintains the
inventory and also sells its products directly to the customers
online and also provides platform to the third party retailers.
Amazon has also the facility of prime subscription.
Both Amazon and Walmart involve in retail business. Both sale
products to the customers.Amazon is totally online based where as
Walmart involves both direct physical selling and e-commerce based
business.