Explain What Walmart Views to Be a Substitution Threat and Why

question 41

Essay

Explain what Walmart views to be a substitution threat and why?

---

Definitions:

Corporate Level

Corporate level refers to the highest layer of strategic decision-making in an organization that affects the entire company.

Functional Level

The operational level in an organization where specific, routine tasks and procedures are carried out, essential to the execution of organizational strategies.

Strategy

A plan of action or policy designed to achieve a major or overall aim.

CEO

Chief Executive Officer, the highest-ranking executive in a company, responsible for major corporate decisions and overall management.