The company I chose to conduct my BCG Matrix on was Wal-Mart‚ because this company has become one of the largest and most successful companies within the United States. Wal-Mart started out as a small retail business in 1962 in Rogers‚ Arkansas by Sam Walton. Today Wal-Mart has more than 10‚000 stores in more than twenty eight different countries. In 2012 Wal-Mart gained revenue of $421‚849 million dollars‚ which was an increase of 3.4% from the previous year. (www.topics.nytimes.com>Business>Companies
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Wal-Mart Walmart 2 Wal-Mart is the largest corporation by revenue‚ according to the 2010‚ Fortune Global 500. Of course the current economic conditions are affecting Wall-Mart‚ so the best way to respond is by having a strategy. In this case‚ the goal of the strategy is to maximize future revenues for Wal-Mart. The mixed result provided by the economic indicators point out that is really important that Wal-Mart keeps at the top of their principles the Every Day Low Price. The US nation is
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reports we can conclude that Wal-Mart operates its stores as mass discount retailers‚ carrying between 60‚000 and 90‚000 different merchandise items in each store. Wal-Mart purchases more than $22 billion in merchandise‚ turning its inventory over as often as 4.5 times per year. Sam Club carries between 3‚500 and 5‚000 different merchandise items‚ acquiring more than $2.6 billion in merchandise. Wal Marts operations grew from 2003 to 2005. For example‚ the number of Wal-Mart stores increased and the
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Walker Wilsey-Cleveland Eng. 100 2 November 2012 Evaluating and Engaging Wal-Mart Argument Wal-Mart has made American living more affordable. The company provides more jobs and supplies consumers with cheap merchandise. Over the years Wal-Mart has become a big topic of discussion. Author Steve Malanga exonerates the benefits of Wal-Mart. In Steve Malanga’s essay‚ “The War on Wal-Mart‚” Malanga discusses how Wal-Mart has produced many jobs‚ made shopping equitable for low income families‚ and
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Companies selected are Wal-Mart and Target. Both companies have their financial year ended in January. Income Statement of the Target is showing gross margin but there is no such break up in Wal-Mart income statement. Income Statement of the Wal-Mart is showing directly operating income. Both companies have cost of goods sold over 70% of their revenue for the recent year. Wal-Mart has two sources of revenue while Target has only one source. Operating income of the Wal-Mart has decreased during the
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impact of Wal-Mart on the local economy” Article Summary “The impact of Wal-Mart on the local economy” is an article based in a film released in 2005 called Wal-Mart: The High Cost of Low Prices. This article summarizes how Wal-Mart poor employment practices affect the local economy many ways in the United States with a great amount of controversy. According to statistics a typical Wal-Mart store hires anywhere from 150 to 350 new people but is estimated that more than half of Wal-Mart’s employees
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Case Analysis: Wal-Mart Stores I believe Wal-Mart uses the growth strategy the most out of the corporate strategies. They are constantly seeking to increase their business by expanding into new products and markets. Wal-Mart also shows a forward vertical integration. 2) a) strengths- one stop shopping / strong community involvement / leads industry in information technology. b) weaknesses- no formal mission statement‚ few women and minorities in top management‚ membership
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The retail giant Wal-Mart is based in Bentonville‚ Arkansas and it was founded by the late Sam Walton (1918 – 1992). In the mid 60s Sam Walton was looking at technology to use IBM mainframes to store inventory data (Wallgum‚ p.1‚ 2010). “Wal-Mart Stores Inc. built an inventory and supply chain management system that changed the face of business” (Helen‚ p. 38‚ 2002). Beginning his career in the mid 40s Sam Walton knew the importance of meeting customer’s needs and this ideology remains today. According
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Management Planning Paper - Wal-Mart In today’s global market‚ corporations must have a plan if they are to be successful. Throughout this planning process management must approach this procedure in a conscious and systematic way. Deciding what to do and how to do it are the important steps that must be followed in this planning process. This article will provide examples of these and other ethical issues Wal-Mart has had to overcome. Basic Planning Process Six steps make up basic planning process
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In this case the ethical dilemma that face Wal-Mart is in fact the managers and owners of Wal-Mart are not responsible about their workers and employees in the company. They don’t care about taking the views of its worker whether the new technologies and the new developed method they apply are good and suitable for them or not. The only thing that they consider and take care of is profit and increasing the income and revenues. Although‚ taking the views of employees and make them happy and pleased
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