DATA ANALYSIS OF WAL-MART STORES‚ INC COMPANY BACKGROUND Wal-Mart initially began its operations in 1945‚ when Sam Walton leased a ‘Ben Franklin’ franchise variety store in Newport‚ Arkansas. After relocating to Rogers‚ Arkansas in the early 1950s‚ Sam Walton’s ‘Ben Franklin’ became ‘Walton’s 5 & 10’. By 1962‚ Walton found himself the chain owner of 11 different Walton’s stores across Arkansas. He then decided to rename the chain ‘Wal-Mart’‚ after himself. On October 31‚ 1969‚ after further
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sociological perspective that I chose to write about is known as the conflict theory‚ which is a theory that was developed by Karl Marx in order to illustrate how the issue of having conflict and stress within society influence the rate of change among that society. The conflict theory is composed of three assumptions known as competition‚ structural inequality‚ and social change. Competition assumes that society is in a state of indefinite conflict due to competition for limited resources‚ such
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Generally‚ the video provided another side of the giant corporation in retail industry – Wal-Mart‚ which is not as good as may people used to think. The video has several interviews with former employees‚ small business owners‚ and footage of Wal-Mart executives to prove its point of view that Wal-Mart underpay its employees which is also the interesting point of the movie when the directors do not have to say much‚ they let the insiders say their ideas and thoughts in order to come up with the conclusion
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Conflict Theory The modern society is a kind of an organization that consists of individual participants and social groups. These groups are engaged in a constant struggle the primary objective of which is to maximize individual profits of people and social groups. The struggle for maximizing the profits has become the main feature of modern capitalist society. The situation like this inevitably leads to conflict. The conflict theory has a long history of development. Initially‚ the conflict
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Conflict theories are perspectives in social science that emphasize the social‚ political or material inequality of a social group‚ that critique the broad socio-political system‚ or that otherwise detract from structural functionalism and ideological conservativism. Conflict theories draw attention to power differentials‚ such as class conflict‚ and generally contrast historically dominant ideologies. It is therefore a macro level analysis of society. Karl Marx is the father of the social conflict
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Comparing the financial performance between Wal-Mart and Amazon by the metrics : Return on Equity Ratio(ROE): This ratio demonstrates how efficiently the business is utilizing and deploying the equity‚ either invested in the business or generated by the business‚ to generate profits. ROE= Net income/ avg shahloder equity ROE in Wal-Mart stores is: 2.726840403 A ration of 272.6% would show the business is earning $2.73 in pretax or operating profit for each $1of equity employed in the business
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at the theories of social change. There is no one way of looking at the effects of sociological change so I will be looking and explaining at two theories‚ namely the conflict theory by Karl Marx and Darendhoff and the second theory called the socio-psychological theory by theorists McClelland‚ Hagen and Weber. “Social change is the significant alteration of social structure and cultural patterns through time (Harper‚ 1993:04)”. Harper (1993:05) goes on to explain that Conflict theory The conflict
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In 1962‚ Wal-Mart opened their first store in Rogers‚ Arkansas. In 1970‚ Wal-Mart’s first distribution center and home office in Bentonville‚ Ark. open and Wal-Mart went public on the New York Stock Exchange. Just nine years from that‚ Wal-Mart’s annual sales exceeded one billion dollars. In 1988‚ Wal-Mart super centers opened across the country. In a merely three years from that‚ Wal-Mart opened their own store in Mexico City‚ Mexico; making Wal-Mart an international corporation. Not even sixty
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SEARS VS. WAL-MART Table Content Background Analysis------------------------------------------------ 3 Financial Ratio analysis--------------------------------------------- 4 Weighted Average Cost of Capital (WACC)--------------------- 12 Working Capital Management--------------------------------------20 Dividend Policy and Tax Treatment------------------------------- 23 Conclusion------------------------------------------------------------24 Background Analysis Wal-Mart Wal-Mart Stores‚
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Afterwards‚ these leaders were asked to step down after accusations of lying about the Company’s financila crisis. Under the leadership of President Julian C. Day‚ who was promoted to Chief Executive Officer in January 2003‚ the Company achieved several important objectives during its fast-track reorganization. The Company’s accomplishments
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