The above mentioned Five Forces
Analysis clearly shows that competition in the retail market is high and
Walmart has to come up with great strategic options to stay ahead in the
competition. They have to keep coming with an aggressive and proactive strategy
so that they can get competitive advantages, and compete well. The objective
for their hunger project is to gain good repute in the market and stay ahead in
the competition from their competitors by asserting their mission of
participating in corporate social responsibility activities.
The project campaign launched by
the company is named as “Fight Hunger - Spark Change”. It is a campaign, which
is nationwide and the company will be working together with five suppliers in
this regard. The company has a commitment to pay around $3m to the organization
named “Feeding America”, which is also fighting huger problem in United States.
With this help, the company will be able to feed people with approximately 75m
meals. The company is also going to play positive part in spreading awareness
about hunger problem so that people are also persuaded to take actions in this regard.
The company is sparking change by asking people to buy products from Walmart,
which can help to provide food for needy and hungry people. Moreover, they are
doing itself by donating huge amount to food banks off Feeding America, and joining
hand with various suppliers to provide free meals (Walmart 2016)
References of Walmart’s
Fighting Hunger Project
Walmart. 2016. Walmart Launches “Fight Hunger.
Spark Change.” Campaign, Encouraging the Public to Take Action Against Hunger
in Three Simple Ways. Accessed December 11, 2018. https://news.walmart.com/news-archive/2016/03/28/walmart-launches-fight-hunger-spark-change-campaign-encouraging-the-public-to-take-action-against-hunger-in-three-simple-ways.