Statement of Ethics Statement of Ethics Table of contents Using the Statement of Ethics The 3 Basic Beliefs and Guiding Principles Introduction Who is Covered What Law Applies Associate Responsibilities Additional Responsibilities for Management Associates Discipline for Violations 4 5 6 6 6 6 7 7 8 8 8 8 9 Leading with Integrity in Our Marketplace Fair Competition Intentional Dishonesty Financial Integrity Insider Trading Restrictive Trade Practices 19 19 19 20 20 21 Leading with
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INTRODUCTION Wal-Mart Stores‚ Inc.‚ the largest company in the world‚ has achieved leadership in the retail industry as a result of its efficient supply chain management practices. Setting record sales and earnings for fiscal year 2008‚ Wal-Mart’s total net sales were $374.5 billion‚ an 8.6 percent increase over the previous fiscal year and a record for any retailer. Wal-Mart’s mission to ‘save people money so they can live better’ has impacted more than 176 million consumers in thirteen
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Sears vs. Wal-Mart Questions Accompanying the Case Create a table and calculate the following ratios for the three years for both Sears and Wal-Mart: Current ratio‚ quick ratio‚ ‚ total assets turnover‚ fixed assets turnover‚ inventory turnover (using cost of good sold)‚ inventory turnover per day (days payable)‚ days sales outstanding‚ days payable outstanding‚ debt ratio‚ time-interest-earned‚ fixed charges coverage‚ return on sales‚ net operating profit after taxes ratio‚ return on total
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BARGAINING POWER OF SUPPLIERS The main items that Wal-Mart procures to pursue its operations can be classified into 3 main categories of merchandise‚ labor‚ and stores. Given the size of Wal-Mart’s operations and its focus on continuous cost improvement‚ none of these suppliers have significant bargaining power on Wal-Mart. When analyzed in detail: * Merchandises * As the biggest retailer in U.S. with up to 30% market share in some categories‚ Wal-Mart is the single biggest buyer for most of the
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Castro-Wright Vice Chairman‚ Wal-Mart Stores‚ Inc. M. Susan Chambers Executive Vice President‚ Global People Brian C. Cornell Executive Vice President‚ President and Chief Executive Officer‚ Sam’s Club 2 010 Financial Report 15 Five-Year Financial Summary 16 Management’s Discussion and Analysis of Financial Condition and Results of Operations 30 Consolidated Statements of Income 31 Consolidated Balance Sheets 32 Consolidated Statements of Shareholders’ Equity
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chose to analyze is Wal-Mart. The main sections of the annual report consist of revenue‚ balance sheet‚ and cash flows. Over the past year‚ Wal-Mart had a 2.19% price range over the last 100 days‚ and a 52 week high/low of 77.15-57.36. Their net sales were increased over the last year by 5.9%‚ leaving their net sales at $443‚854‚000. 2. Discuss the key factors that influenced the company’s financial performance during the year. During the fiscal year 2011-2012‚ Wal-Mart opened 612 new stores
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CASE #3 Wal-Mart on Trial on ’Predatory Pricing’ Charges ------------------------------------------------- Wal-Mart Stores Inc. and its pricing practices went on trial in an Arkansas courtroom‚ where three independent pharmacies are trying to prove that the nation’s largest retailer sold merchandise below its costs in an effort to drive competitors out of business. The retail druggists in Conway‚ Ark.‚ north of Little Rock‚ contend that their business suffered from Wal-Mart’s "predatory prices"
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"There are a lot of people who hate Wal-Mart. In the absence of data‚ they have a visceral reaction" (Neumark 1). Yet Walmart has strived to change that way americans think of walmart’s impact on the economy."According to economic consulting firm Global Insight‚ the existence of Wal-Mart in the United States and its effect on consumer prices results in an annual cost savings of $263 billion‚ or roughly $895 per person. The study also concluded that Wal-Mart created 210‚000 net new jobs last year
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600 Abstract Wal-Mart’s well written vision/statement‚ strategies‚ and overall responsibilities that describe what the organization is all about and the overall success of Wal-Mart are all reasons as to why this organization is the number one retailer in the world. Wal-Mart opened its first store in 1962 in Rogers‚ Arkansas by Sam Walton. Wal-Mart is the largest retail corporation in the world. This organization runs large discount department stores and warehouses. Wal-Mart has gone from
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JOHN RAY B. PAJARILLAGA 003 A. Mabini Street Amadeo‚ Cavite Tel. No. (632) 361-1234 Mobile No. (0918) 6973807 Email: jr_paj@yahoo.com Birthdate: 23 April 1994 ------------------------------------------------------------------------------------------------------------------ JOB OBJECTIVE To obtain a managerial assistant position in Brand Management that will further enhance my strategic and implementation skills. PROFESSIONAL EXPERIENCE 1. DEF Corporation Nov 2011 - Apr 2013 Associate
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