Schlairet IRN: 9020050249 MGT/521 Management The company that is listed as number one on the Fortune 500 list is Wal-Mart. This company has much strength that makes it very interesting for investment. Wal-Mart was founded by Sam Walton in the 1950’s and faced competition among many regional discount stores. In 1962 Wal-Mart officially began with its first store in Rogers‚ Arkansas. Wal-Mart now has over 600 discount stores in the United States and stores located in 28 countries. No matter the size of
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Financial Analysis of Wal-Mart By Submitted January 16‚ 2013 To Dr. Boniface Madu Fin504 Abstract: Wal-Mart is the biggest family owned business on the Fortune 500 list of publically traded companies. This paper will explain the overall financial health of Wal-Mart Stores‚ Inc. This company has profits in the billions. There will be a look into its current market sales and net profit as well as looking at the past few years (dating back to 2009). This paper will also look at the financial
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Company Introduction and Analysis Paper on Wal-Mart By: Team A ECONOMICS FOR BUSINESS I - ECO/360 June 13‚ 2005 Abstract Wal-Mart has grown to be one of the biggest corporations in the world‚ employing 1.3 million workers worldwide in 2003 in over 4‚300 stores with sales around $256 billion. They sell everything from clothing‚ tools‚ toys‚ electronic goods‚ appliances and groceries. A major force behind its success was the vision‚ enterprise and daring of its founder‚ Sam Walton
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Strategic Audit of a Corporation; An Analysis of Wal-Mart MBA 685 Written by: Michelle Ujene 1. Current Situation 1.1 Current Performance: Wal-Mart Stores Incorporated‚ or Wal-Mart as popularly known‚ is a publicly traded company. The company has continued to increase its sales income over the period of existence since 1962. Recent financial records revealed that net sales increased from $418.9Billion recorded in 2011 fiscal year to $443. 9 Billion in 2012 fiscal year‚ representing
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I have chosen Wal-Mart Stores Inc for my final paper topic selection they are also known as WMT on the New York Stock Exchange (NYSE) . I am intrigued with their success but also scared about how dependant I have become with my shopping at their stores. This store is not only a retail giant it is also retail bully that forces other stores to go out of business. Wal-Mart not only specializes in retail items such as clothing‚ jewelry‚ lawn‚ and garden they also have super stores that specialize in
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factors of Wal-Mart supermarket via Porter’s five forces model and using the results to give some accommodation and my personal suggestion for company’s future strategy. In 1962‚ the first discount store of Wal-Mart was founded by Sam Walton in America. Currently‚ it is the largest retailer and the third largest public company in the world. (Fortune Global 500‚ 2012). Wal-Mart Stores‚ Inc. has become an international company from 1991 when Sam’ Club opened in Mexico. After 20 years expanding‚ Wal-Mart
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Is Wal-Mart bad for the Economy? Wal-Mart is the largest employer in the United States‚ and the largest public corporation by revenue. While the argument can be made that the United States’ largest employer cannot possibly be bad for the economy‚ Wal-Mart’s habit of dominating markets and use of less-than-honest labor and business practices has contributed to the steady decline of the traditional American small business. Wal-Mart’s conundrum with the economy is that it provides premium services
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supermarket industry in the United States of America has grown enormously over the past few years. Wal-Mart is one of the leading supermarket organisation with a market share of 63.60%. Wal-Mart has other supermarket companies like Costco Corp and Supertarget competing for the increased consumer spending in the US. As a market leader Wal-Mart has competitive advantage over its competitors. One of the reasons behind Wal-Mart’s success is its better management controls. The company has great opportunities in
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rights of citizens. The Equal Employment Opportunity Commission (EEOC) is a regulatory agency that was created in response to the Civil Rights Movement. The EEOC protects individuals against discrimination of race‚ gender‚ sex‚ etc. in the workforce. Wal-Mart‚ one of the largest corporations in the United States‚ has had many complaints filed by the EEOC regarding discrimination in the workforce. The resolutions from these cases demonstrate the changes and effects a regulatory agency can impose by upholding
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apply the PEST analysis to the Wal-Marts case study. "The secret of successful retailing is to give your customers what they want. And really‚ if you think about it from your point of view as a customer‚ you want everything: a wide assortment of good-quality merchandise; the lowest possible prices; guaranteed satisfaction with what you buy; friendly‚ knowledgeable service; convenient hours; free parking; a pleasant shopping experience." - Sam Walton (1918-1992) Wal-Mart is the third largest company
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