Case 6.1 Psychological Testing at Dayton Hudson This case is based on psychological testing for prospective employees at a Target store located in California‚ during 1989. The test in question is a combination of two standard tests given to applicants in public safety positions such as a prison guard. Once the test is complete the consulting psychologists rate the job seeker on the following traits: emotional stability‚ interpersonal style‚ addiction potential‚ dependability‚ and rule following
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considerable capital expenditures are devoted to the continued expansion of this concept. Target Stores were first launched in 1962 as a chain of discount merchandising stores by the Dayton Corporation‚ an operator of department stores. In 1969‚ Dayton merged with the J.L. Hudson Company to become Dayton-Hudson. The company would go on to acquire the Marshall Fields and Mervyn’s department stores but
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Chief Executive Officer and President of Target Brands‚ Inc. Mr. Steinhafel has been the Chairman of Target Corp. since February 1‚ 2009 and its Chief Executive Officer since May 01‚ 2008 and President since August 1999. Mr. Steinhafel has gained meaningful leadership experience and retail knowledge. Target Corporation‚ originally the Dayton Dry Goods Company and later the Dayton Hudson Corporation‚ is an American retailing company‚ founded in 1902 and headquartered in Minneapolis‚ Minnesota. It
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Dayton decides to explore the growing Midwest markets. After many years in banking and real estate‚ Dayton decides Minneapolis offers the strongest opportunities for growth. He purchases land on Nicollet Avenue and forms the Dayton Dry Goods Company–today‚ known as Target Corporation. He became a partner in Goodfellow ’s Dry Goods Company‚ the fourth largest department store in Minneapolis‚ Minn. The following year‚ showing greater involvement‚ Dayton took sole ownership of
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Cited: Apgar‚ Sally‚ "Dayton Hudson at Crossroads: CEO Ulrich Still Struggling to Jump-Start Mervyn ’s Stores‚" Minneapolis Star-Tribune‚ July 23‚ 1995‚ p. 1A. Berner‚ Robert‚ "Dayton Hudson ’s Once-Fashionable Stores Tread Water‚" Wall Street Journal‚ August 1‚ 1996‚ p. B4. Borden‚ Mark‚ "Shoppers Love Target‚ but Shareholders Are Seeing Red‚" Fortune‚ September
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(Target Corporation Company‚ n.d.). Its founder George D Dayton‚ a banker and real estate investor became a partner in Goodfellows Dry Goods Company‚ the fourth largest department store in Minneapolis‚ Minnesota. The following year desiring greater involvement‚ Dayton takes sole ownership of the store and becomes the first President of the newly named Dayton Dry Goods Company. (Through the Years‚ n.d.). In 1881‚ native New Yorker George D. Dayton decides to explore the growing Midwest markets. After
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guests‚ technology solutions‚ or even the future design of the company. The first Target store was founded and created in 1932 in Roseville‚ Minnesota by George Dayton. Originally created to be a discounted merchandising company‚ Target surpassed all doubters expectations when it began to offer common stock‚ and 1969‚ merging with J.L. Hudson and for the first time‚ Target revenues topped $1 billion dollars. Today Target is the second discount retailer in the country‚ trailing its main competitor Wal-Mart
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………………………………………………………….. 6. References ………………………………………………………….. Introduction The company that we know today as Target was founded under the name of Dayton Dry Goods Company in Minneapolis‚ Minn.‚ in the year 1902 by Mr. George Dayton. Mr. Dayton stay active in the store management until his death in 1938‚ when his son and grandson took over of the Dayton Dry Goods Company
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internationally‚ and had made over 312 billion dollars. As you can see the Wal-Mart empire has grown monumentally. To move into this segment of the market would be tough. The first Target store was also opened in 1962. It was started under the Dayton Hudson Corporation. As you can see the Target corporation has a decorated past as well. Target now has 1‚300 stores in 47 states. The store count itself is still a lot less than Wal-mart. For every one Target store‚ there is three Wal-Marts. To put
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Corporations keep various types of financial records and it is the responsibility of managers to make sure that the records are maintained and resolved at the end of the fiscal year. Most company has shareholders that want a year-end account on how the company has done and with a projection of what the company is capable of doing in the future. The shareholders have a vested interest and want to be kept informed on how the company is doing financially. Financial records for major corporations are
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