DATE OF SUBMISSION : 13TH MARCH 2013
SUMBITTED TO : INOKA GUNARATHNE
SUMBITTED TO : INOKA GUNARATHNE
NAME : KIRUTHIKA VIGNESWARAN
BATCH NO.45
ICBT CITY CAMPUS
NAME : KIRUTHIKA VIGNESWARAN
BATCH NO.45
ICBT CITY CAMPUS
BUSINESS STRATEGY
BUSINESS STRATEGY
BTEC EDEXCEL HND DIPLOMA IN BUSINESS (MANAGEMENT & HUMAN RESOURCES)
OFFERED BY INTERNATIONAL COLLEGE OF BUSINESS AND TEACHNOLOGY
BTEC EDEXCEL HND DIPLOMA IN BUSINESS (MANAGEMENT & HUMAN RESOURCES)
OFFERED BY INTERNATIONAL COLLEGE OF BUSINESS AND TEACHNOLOGY
Introduction
The location of the first Wal-Mart in the Fortune Global 500 for the year of 2.001 to 02 turnover of 219.81 billion dollars (see Table I). Wal-Mart is the largest company in the retail in the world. The company was much larger than its competitors in the United States - Sears Roebuck, Kmart, JC Penney and Nordstrom combined.
In 2002, Wal-Mart operates more than 3,500 discount stores, Supercenters and Sam's Clubs in United States and over 1,170 stores in major countries around the world. The company also sells products online via the website, www.walmart.com. Wal-Mart is one of the largest private employers in the world, with the use of force about 1.28 million.
The founder, Sam Walton (Walton) has always focused on improving sales continue to reduce costs, adopting efficient distribution and management systems and logistics innovative information (IT). According to analysts, Wal-Mart has been able to achieve a leading position in the distribution, following effective management of the supply chain practices. Captain Vernon L. Beatty, Deputy Commander, Defense Supply Center, Columbus, Ohio, said: "The management of the supply chain are the inputs move right to the right customer at the right time more effectively. Nobody does it better than Wal-Mart. '
TASK 01 * Strategic terminology in relation to Wal-Mart is highlighting the Mission, vision,