Portfolio Assignment Part 1 Diploma Working in business Semester 1 March 30‚ 2013 Teacher name: Erin Barclay Student ID: 8558019 Student name: CHEN Yang Student prefer name: Summer The professional definition of intrapersonal effectiveness was “Understanding yourself (and your goals‚ strengths‚ weaknesses‚ style‚ biases) and improving self-management skills‚ such as time management and stress management”(De Janasz‚ Wood‚ Gottschalk‚ Dowd & Schneider‚ 2006‚ p.3). In this portfolio I will
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Question #1: Do you feel that the company has dealt with each of these issues effectively? Justify. Answer: Wal-Mart has faced several quandaries in its efforts towards continuous domestic and international development. One issue which this company had to deal with was facing protesters who did not want Wal-Mart to be built near their home. These people were fighting against Wal-Mart because of the fear that this large corporation could in fact force smaller local stores out of business. Protesting
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Background and Central Problem Myspace.com is a SNS (social networking service) website which was founded in 2003. It was once the most visited social networking site in the world‚ and in June 2006 surpassed Google as the most visited website in the United States. It has been operating well with all its good features of music‚ games‚ videos and pop culture until early in 2008‚ when it was overtaken by Facebook in the number of unique worldwide visitors‚ and was surpassed in the number of unique
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Abstract Wal-Mart was founded in 1962 by Sam Walton in Rodgers Arkansas. Over the years‚ the chain stores have not only grown to be the leading retail shops in the U.S. but the world at large. According to Porter’s Cost Leadership Strategy approach‚ the only way a company will be successful using this strategy is if it is able to operate at a lower cost than its competitors. Wal-Mart has proven this theory because it has been successful by lowering its operating costs at all the chain levels and
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Soren Kristian Toubro. Both of them were strongly committed to developing India ’s engineering capabilities to meet the demands of industry. Beginning with the import of machinery from Europe‚ L&T rapidly took on engineering and construction assignments of increasing sophistication. Today‚ the company sets global engineering benchmarks in terms of scale and complexity. Early Days ;) In 1938‚ Henning Holck-Larsen and Soren Kristian Toubro decided to forgo the comforts of working in Europe
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Wal-Mart Retail Business Analysis Retail markets are increasingly competitive and retailers are continuously looking for ways to make their products different. Wal-Mart is the retail leader in providing discounts to customers. In 1962 a man named Sam Walton opened his first Wal-Mart store in Roger‚ Arkansas. Due to his business practices‚ good strategies and implementation‚ Wal-Mart remains the world’s largest discounted retailer (Maier‚ M. 2005). Wal-Mart’s marketing strategies are based
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Chain Analysis: Excellent use of value chain activities. • Inbound Logistics: One of the most important reasons for Wal-Mart’s success has been its inbound logistics. Wal-Mart pioneered the development of a hub-and-spoke distribution system. Its central distribution warehouses are strategically located to serve clusters of Wal-Mart stores which lead to minimized shipping times. • Operations: Hand-held scanners allow Wal-Mart to monitor its inventory in real-time. This helps Wal-Mart reduce
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the organization to implement a solution. Wal-Mart organizational structure is a strict masterpiece of detailed task and reporting. This allows Wal-Mart motivate‚ control‚ and coordinate employees to achieved one common goal. Wal-Mart has up to eight basic organizational structure types. Wal-Mart has a distinctive way of pulling the components into one structured outline to expose the necessary relationships. The composer helps the structure for Wal-Mart management look for the most effective way
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Strengths · Wal-Mart is the #1 retailer in the world and was ranked #1 in sales by Fortune magazine. · Wal-Mart has grown into a large global corporation by acquiring large retail competitors in international markets. · Wal-Mart has brand recognition. It has high value in terms of convenience‚ product mix‚ and quality for money‚ and customer service. · Wal-Mart donates large amounts of capital to several charity organizations. · Wal-Mart is a leader in channel management‚ inventory control
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案例三：沃尔玛(Wal-Mart)SWOT分析 优势Strengths. • 沃尔玛是著名的零售业品牌，它以物美价廉、货物繁多和一站式购物而闻名。 • 沃尔玛的销售额在近年内有明显增长‚并且在全球化的范围内进行扩张.(例如‚它收购了英国的零售商ASDA) • 沃尔玛的一个核心竞争力是由先进的信息技术所支持的国际化物流系统.例如‚ 在该系统支持下‚每一件商品在全国范围内的每一间卖场的运输、销售、储存等物流信息都可以清晰地看到。信息技术同时也加强了沃尔玛高效的采购过程。 • 沃尔玛的一个焦点战略是人力资源的开发和管理。优秀的人才是沃尔玛在商业上成功的关键因素，为此沃尔玛投入时间和金钱对优秀员工进行培训并建立忠诚度。 劣势Weaknesses • 沃尔玛建立了世界上最大的食品零售帝国。尽管它在信息技术上拥有优势，但因为其巨大的业务拓展，这可能导致对某些领域的控制力不够强。 • 因为沃尔玛的商品涵盖了服装、食品等多个部门，它可能在适应性上比起更加专注于某一领域的竞争对手存在劣势。 • 该公司是全球化的，但是目前只开拓了少数几个国家的市场。
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