Sunday, May 17, 2020
Walmart Business Analysis Essay - 1588 Words
Wal-Mart Business Analysis For the final group project we chose to complete a management analysis on Wal-Mart. Covered in this paper are the issues of productivity, hiring practices, corporate social responsibility and culture, diversity and affirmative action, the use of information technology, leadership, teamwork, and managing ethics. Productivity is very important to any successful business. Wal-Mart has increased its productivity through many different advances. Business analysts have long admired Wal-Marts logistics management, even though the public recognizes them for their low discounted prices. Wal-Mart has always been resourceful at moving and stocking goods, building its stores as branches around distribution center hubs.â⬠¦show more contentâ⬠¦Wal-Mart employs 1.6 million Associates in the United States alone and the majority of store associates work full-time, which is well above 20 to 40 percent found in the retail industry today (Wal-Mart Facts, 2006). Wal-Mart promotes from within the store and over seventy-six percent of the store management started in hourly positions (Wal-Mart Facts, 2006). According to Business Week, 2003, a sales associate earned an average of $8.23 an hour for annual wage of $13,861.00. In 2003 the poverty line for a family of three was $15,260.00 (wakeup, 2006). It s eems that Wal-Mart has to promote within to keep the moral up. If the promotion is not there, employees will only stay for the so-called benefits or until another job comes their way. In the areas of corporate responsibility and culture, the results of the analysis were bittersweet. Wal-Mart violated the Clean Water Act in 9 states in October 2004 they were sued for $3 million to make changes to their building codes (The real, 2005). But on a positive note, according to Business Respect, Wal-Mart pledges major focus on the environment targeting the ultimate use of renewable energy sources and producing zero waste through their doubling the fuel efficiency of the truck fleet within the 10 years (Business Respect, 2005). Wal-Mart stores founder Sam Walton learned of a technique used in factories in South Korea that involved calisthenics and a company cheer that motivated theShow MoreRelatedWalmart Business Analysis Essay1507 Words à |à 7 Pagesfinal group project we chose to complete a management analysis on Wal-Mart. Covered in this paper are the issues of productivity, hiring practices, corporate social responsibility and culture, diversity and affirmative act ion, the use of information technology, leadership, teamwork, and managing ethics. Productivity is very important to any successful business. Wal-Mart has increased its productivity through many different advances. Business analysts have long admired Wal-Marts logistics managementRead MoreWalmart Stores Incorporated: Business Analysis and Recommendations3252 Words à |à 13 Pagesdepartmental store chain. Having business operations in 27 countries with 69 different brand names, Wal-Mart is able to serve a huge number of customers per day. Wal-Mart is the fastest growing and the most successful retail brand in the world. The factors which make it the strongest brand in its industry include large customer base, sound financial strength, strong brand image, and huge supply chain network. 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As analysts look at companies such as Walmart, Target, Amazon, they notice how these very large databases are beneficial in the success of these companies. The EmergeRead MoreWalmart The Master Strategizes : Walmart1744 Words à |à 7 PagesWalmart the Master Strategizes Walmart has always been considered a powerhouse in the retail business world. It is encouraging to read the story about how Walmart started as a small store in one location but now Walmart has grown to over 11,000 stores worldwide. There is no mistaking that Walmart has shown itself to be a business that has grown to the ranks of empire among retail. With net earnings of more than $482 billion and a staff of more than 2.2million associates worldwide (Walmart, 2016)Read MoreAnalysis Of Walmart Stock Prices Over A Two Year Period1653 Words à |à 7 Pagesresearch paper aims to forecast Walmart stock prices over a two year period. 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Here we focus on the five aspects to analysis the environment of retail
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