develop its business strategies in order to allow it to grow even more than its competitors. On the other hand, as far as the BCG matrix is concerned, it goes deep within the organization itself to identify the few areas where the company is doing very well. This is very relevant to the area of strength and weakness of the organization. The only difference is that BCG Matrix focuses more on the internal aspects of an organization, something that allows it to determine which product or service lines it should focus on most and the sectors that are already doing well and may not need excessive investment . The BCG matrix can therefore be described as a very effective process of implementing business strategies for an organization. Please note: this is just an example. Get a custom paper from our expert writers now. Get a Custom Essay In conclusion, it can be said that regarding the decision making process for Wal-Mart, the second stage, the matching stage, can be described as the most vital one that helps in the decision making process. This allows the organization to have a very clear picture of where it actually stands in the competition and which business areas of the company are performing better. It is highly empirical to keep in mind that BCG Matrix is the one that best utilizes resources to reach a conclusion regarding internal affairs. Here we can see that the company is doing well in the international market, so there is a good opportunity for Wal-Mart to expand even more through globalization to increase its profit share. On the other hand, supercenters are the star of the organization that the company would like to maintain. It is the growing local market that the company may need to focus on as there is a great opportunity to increase the revenue share.

Topic > develop its business strategies in order to allow it to grow even more than its competitors. On the other hand, as far as the BCG matrix is concerned, it goes deep within the organization itself to identify the few areas where the company is doing very well. This is very relevant to the area of strength and weakness of the organization. The only difference is that BCG Matrix focuses more on the internal aspects of an organization, something that allows it to determine which product or service lines it should focus on most and the sectors that are already doing well and may not need excessive investment . The BCG matrix can therefore be described as a very effective process of implementing business strategies for an organization. Please note: this is just an example. Get a custom paper from our expert writers now. Get a Custom Essay In conclusion, it can be said that regarding the decision making process for Wal-Mart, the second stage, the matching stage, can be described as the most vital one that helps in the decision making process. This allows the organization to have a very clear picture of where it actually stands in the competition and which business areas of the company are performing better. It is highly empirical to keep in mind that BCG Matrix is the one that best utilizes resources to reach a conclusion regarding internal affairs. Here we can see that the company is doing well in the international market, so there is a good opportunity for Wal-Mart to expand even more through globalization to increase its profit share. On the other hand, supercenters are the star of the organization that the company would like to maintain. It is the growing local market that the company may need to focus on as there is a great opportunity to increase the revenue share.