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
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a. Introduction of Company. b. Objective of Walmart. c. History of Establishment. d. Mission and Vision. e. Service Provided f. Internal Organization Environment * Target Market * Market Segmentation – Demographic * Potential Market Area * Store Format * SWOT Analysis g. Recommendation. h. Conclusion. i. Bibliography. j. Appendices 1.0 Introduction of Company Walmart is the largest retail store in the US. It has over 3
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biggest retailer “Walmart gives to customers since they started business back in early 1940. Low price has always been Walmart strategy. Since their early days‚ they claimed “We Sell for Less” as their tagline. Later on‚ “Always Low Prices. Always” displayed alongside with Walmart logo. The biggest challenge for them is to keep the price down with good product quality. Why does Walmart important for American economy and beyond? According to the figures from Charles Fishman’s book The Walmart Effect‚ more
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It’s Good Business: Robert Solomon In “It’s Good Business”‚ Robert Solomon‚ a philosophy professor at University of Texas‚ explores the fundamentals and significance of practicing good business ethics in decision making. He tackles the correlation between understanding ethics and doing a better job‚ and the direct implications of not taking the value of right moral into account. In addition‚ he explicates the myth of amoral business. Lastly‚ he presents the three C’s of Business ethics and the eight
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“It’s good business‚” Robert Solomon 1) What is the author’s main point? What are they claiming and trying to convince you of? a) In this article‚ the author is explaining to his audiences why learning business ethics is crucial to success in business and why occasional seminars are needed to remind ourselves “What it has to do with their jobs” and “Understanding ethics may help them do their job better”. 2) What main reasons does the author offer in support of the main point? Are these good reasons
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andcompetitive rivalry as they relate to the India retail sector. The report will then offer alternativesfor the Wal-Mart company. These alternatives would include not progressing forward withinIndia‚ chose a global market with less regulation‚ focus business to become s specialized retailer and collaborating with a different company other then Bharti to expand in the Indian retail sector.The analysis will close with recommendations to focus changes on the culture‚ consumer behavior‚ collaborating with
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accepted norm is between 1.5 and 3 for healthy businesses. As we can see from the aforementioned table‚ Wal-Mart’s current ratio in 2004 was 0.91 and in 2005 was 0.90. This is way below the industry average‚ hence it is safe to assume that it is not in good financial health at that point in time. Further‚ the Quick ratio in 2004 was 0.21‚ in 2005 was 0.21 and the cash ratio in 2004 was 0.14‚ for 2005 was 0.13. Financial Leverage Ratio: Financial Leverage ratios | | 2004 | 2005 | Total debt
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communication in an online business such as eBay differ from those in a traditional business? Explain. No‚ I feel that with the online business you would get more communication with the customers than with a traditional business. I feel this way because if a traditional business’ customer has a problem with something‚ then they would have to go through the proper channels to get something done about what the certain issue is that they want to have corrected. If the online business customer has a problem
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companies that have famous organizational cultures‚ including Lincoln Electric and Southwest Airlines. Other companies with famous cultures are IBM‚ Hewlett-Packard‚ Goldman Sachs‚ and Starbucks. Companies with infamous cultures that are now out of business were Enron and Arthur Anderson. Consider the case of Wal-Mart‚ one of the most famous organizational cultures of all time. Wal-Mart created its organizational culture around the image of its founder‚ Sam Walton‚ a small town merchant who became
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of NAFTA affected Wal-Mart’s success in Mexico? Free trade zone: Wal-Mart encountered a problem that its imports charges on many of the goods from America. Thus prevent Wal-Mart from being able to offer its “Every Day Low Prices”. After the implementation of NAFTA‚ Mexico‚ U.S and Canada become free trade zone. Wal-Mart can reduce the tariffs on American goods sold to Mexico from 10 percent to 3percent. That can decrease their cost for the products. Solve logistical problem: The transportation
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