...Wal- Mart Jose Vasquez MGT 230 MAY 20, 2014 Melanie Behunin Wal- Mart In a variety of business environments around the world, four management functions are usually found. The four functions of management are planning, organizing, leading, and controlling. Planning occurs within these functions of a business, and it helps to deliver strategic value. Organizing will build a dynamic organization and leading will mobilize people. Controlling is part of learning and changing as the organization grows. All four functions of management are the key concept to effective management. Internal and external factors influence the decision-making process that affects management. The competitive landscape is constantly changing; therefore, managers must consider people and businesses around the world. These are used from top-level management to frontline or organizational management. Globalization, technology, innovation, diversity and ethics are factors that affect these business functions. One can examine almost any organization and find this to be true. Wal-Mart is one of the leading retail organizations in the world whose management functions are affected by these factors. Opening its doors in Rogers, Arkansas, Wal-Mart started a profitable business in 1962. The founder, Sam Walton, could never have envisioned where his company would be in the present. Earning approximately $30,000 in 1962, Wal-Mart has evolved into a multi-billion dollar company earning over $15 billion in 2011...
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...INTRODUCTION After review of the business plan and processes of Dick’s Sporting Goods, there is room for improvement in their Information Technology. As a high-end sports retailer, they have many products and services available for customers. Three systems that can be improved are the scheduling system, coupon accessibility for customers and store-to-store communication. The background and explanation of these systems will help to understand how new systems can be implemented and what benefits they will give the company as a whole. BACKGROUND Dick’s Sporting Goods is a full-line sporting goods store founded by Dick Stack in 1948. He was a young adult that started working at an Army surplus store in New York. Dick presented a list of products and business ideas to the owner to improve the business, and the owner shot him down. Dick’s grandmother decided to help Dick open his own store and gave him the money to build the store himself. He built a bait-and -tackle shop and by 1958 expanded his products into what is more known today as products located in Dick’s sporting goods stores. Currently, Dick’s Sporting Goods is a sports retail and services company that offers the finest quality for its products at competitive prices. In stores all over the country, they offer a variety of brand name sporting goods equipment, footwear, apparel, and lodge products. They also offer services such as, bike repair, glove steaming, golf club repair, and CO2 refills. As well as their accessibility...
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...Employee Portfolio: Motivation Action Plan * Determine the motivational strategy or strategies that would likely be most appropriate for each of your three employees on basis of their individual characteristics. Indicate how you would leverage their employee evaluations to motivate each of the three employees. Describe one or more of the motivational theories and explain how the theories connect to each of your selected motivational strategies. Team Member Name | Summary of Individual Characteristics | Motivational Strategy and Action Plan | Relevant Theory | Robert | He is aware of others feelings as well as his own, he is also happy with his current work environment. | For Robert job enlargement could be a wonderful direction as he has shown in his survey an interest in growth and taking more of a leadership role. | The Benziger Theory ties well with him because it talks about knowing peoples needs help them to develop the best possible work style. | Ed | In touch with his feelings and others around him, is currently happy with his current work environment and position. | One of the best ways to keep Ed motivated is to use entrepreneurship. By doing this it will allow him to develop new ideas and help him not be afraid to share and implement them. | The Benziger Theory works here because it helps people to know what they need more of and can allow us to see what the suggested strategy theory is that works. | Stephanie | In touch with her feelings but is not...
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...MGT 521 WEEK 2 To purchase this visit here: http://www.activitymode.com/product/mgt-521-week-2/ Contact us at: SUPPORT@ACTIVITYMODE.COM MGT 521 WEEK 2 week 2 complete 1- Complete the Effective Research and Writing at University of Phoenix Module. Save a screen shot of the completion screen as a Microsoft Word document on your computer once you finish the module. Click the Assignment Files tab to submit your assignment 2- Navigate to the My Career Plan in Phoenix Career Services. Complete the Career Plan Building Activity: Work Culture Preferences. Note. Access to Career Plan Building Activity: Work Culture Preferences is only available after you complete the Career Plan Building Activity: Competencies. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Work Culture Preferences and Competencies. Reflect on your results. How can knowing your ideal work culture help you in developing strategic and operational plans to achieve organizational goals? Which competencies are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis? How do your competencies relate to the essential competencies for conducting a SWOT analysis? Click the Assignment Files tab to submit your assignment. 3- You have decided to pursue an MBA degree either to further your career, start a new career, or achieve a personal goal. In this program, you will study the functional areas of business. ...
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...A++PAPER;http://www.homeworkproviders.com/shop/mgt-521-week-2/ MGT 521 WEEK 2 week 2 complete 1- Complete the Effective Research and Writing at University of Phoenix Module. Save a screen shot of the completion screen as a Microsoft Word document on your computer once you finish the module. Click the Assignment Files tab to submit your assignment 2- Navigate to the My Career Plan in Phoenix Career Services. Complete the Career Plan Building Activity: Work Culture Preferences. Note. Access to Career Plan Building Activity: Work Culture Preferences is only available after you complete the Career Plan Building Activity: Competencies. Write a paper of no more than 350 words discussing the results of your Career Plan Building Activity: Work Culture Preferences and Competencies. Reflect on your results. How can knowing your ideal work culture help you in developing strategic and operational plans to achieve organizational goals? Which competencies are essential to conducting a strengths, weaknesses, opportunities, and threats (SWOT) analysis? How do your competencies relate to the essential competencies for conducting a SWOT analysis? Click the Assignment Files tab to submit your assignment. 3- You have decided to pursue an MBA degree either to further your career, start a new career, or achieve a personal goal. In this program, you will study the functional areas of business. Use the MBA Overview and Effective Research and Writing...
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...Dear John, When starting your business there are several thing that you will have to examine. The first thing you must do is make a decision on what product or service you will provide. Ask yourself a few questions. Is the product or service that I am offering beneficial to the consumer’s livelihood? Will the product or service that I am offering be viewed as a need or a want? Is this product or service innovative enough to compete with my competitors? While going through this process keep in mind that you will have to decide what market you want to target and sell in. Also be mindful the strategy you will take to sell your product or service . Another step when starting your business is to raise or have enough capital to get the business running. The financial status of your business is the catalyst to your success. It is important to understand how much capital your business will need to operate. Having the correct calculation is vital and because the margin of error is small, miscalculations can be a big issue that will be to deal with later once the business is up and running. In order to avoid a financial crisis, determine your break-even point for your product or service and use a cash budget. These tools will give you the information you need to be successful with your capital. John, don’t be afraid of risk taking because that is a part of entrepreneurship. Understand that businesses fail for many reasons. Those reasons could include the acceptance of a new product...
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...To overcome the generation gap of employees Nationwide went on a marketing campaign to hire more millennials within management. When it comes to companies hiring new management, they will do this one of two ways. These two methods refer to the type of change a company can use, continuous or discontinuous change. But first we need to look at what these types of changes are and how they can relate to Nationwide Life Insurance's possible new approach to hiring new management. Continuous change by definition are changes that are expected and understood by the company. When looking at the Nationwide example, continuous changes are the ones that they have been doing for years. These are the hiring of the same types of managers like they have in years past. But since it's been proposed to hire a different breed of managers this kind of change is not the appropriate one for this example. Discontinuous change is a sudden change that goes outside of the traditional norm of the company's direction. These types of changes threaten traditional authority or power structure because it drastically alters the way things are currently done or have been done for years. Looking at Nationwide's proposed change of hiring managers who know the technical side of the job, this is the kind of change they should be using. Any recent hiring of managers at Nationwide Life Insurance has been ones that have no background of life insurance. These types managers can be good leaders but with no knowledge...
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...University of Phoenix Material Employee Portfolio Complete one matrix for each employee. Employee name: Jessica |Self Assessment |Results Summary |Strengths |Weaknesses | |How Satisfied Am I |Jessica scored 68 which is below |Jessica works well with others and |Jessica feels that she is not | |with My Job? |the average which ranges from 74 to|independently, she is confident in |compensated well for her position, | | |76 |knowing her job |she doesn’t feel like she is | | | | |allowed to do things freely and is | | | | |unhappy with the amount of hours | | | | |she receives. | |Am I Engaged? |Jessica scored 19 with the range |Jessica’s strength is her |Jessica does not give her all we | | |between 9 and 45. It does not |perseverance in all that she does. |disengaged from her job and she is | | |appear that she is fully engaged in| |easily distracted from outside | | |her new position...
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...to the contents that are within their food choices they would see that those food items were really really bad for them and if a person constantly consumed bad foods on an everyday basis that those foods can also cause them to have high blood pressure, diabetes and even heart conditions. Although it is bad to consume these foods on a daily basis, the body will still need some bad carbs to function. In addition, physical fitness is something that everyone should also incorporate into their lives. Physical fitness and a proper diet will ensure that people live longer and remain healthy so that they can enjoy long full lives. For someone who has not exercise in a while it would be best if they start off with a thirty minute three time a week routine in order to build uo strength and endurance. If an individual incorporates these two things into their lives it will be guaranteed that they will protect themselves from high blood pressure, heart diseases, and even some cancers. Therefore it is extremely important to make sure that you take care of...
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...Internal and External Factors Paper Wal-Mart is a not only a retail business but an organization that everyone has either heard about or shopped at. As a leading organization, Wal-Mart has employed a total 2.2 million associates around the world, with only 1.3 million hired with in the U.S. (Wal-Mart Stores, Inc., 2014). There are several internal and external factors that affect the four functions of management. As Wal-Mart continues to strive towards success, globalization, technology, innovation, diversity, and ethics are all factors that affect Wal-Mart being one of the largest organizations in the world. Internal Factors Such is the case for every organization that wants to continue to expand and remain lucrative; the core of that company is their management. Management has four very important functions which keep their business and their employees afloat and those are planning, organizing, leading, and controlling. This format that management follows is no different when it comes to Wal-Mart. Wal-Mart is a company that continues to expand at a rapid pace due to the low prices, large availability of items, various services offered, and the customer experience when they come to the store. Inevitably, just like any other company, they will have some internal and external factors which may make certain situations on the job tougher. Examples of internal factors which could affect the job duties of a manager would be employees who do not want to work or are unmotivated...
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...MGT 380 WEEK 2 DQ 1&2 A+ Graded Tutorial Available At: http://hwsoloutions.com/?product=mgt-380-week-2-dq-12 Visit Our website: http://hwsoloutions.com/ Product Description MGT 380 Week 2 DQ 1&2, 1- Transformational leaders have great influence on their followers. In fact, that is one of behaviors of transformational leadership. According to our textbook, “Transformational leaders influence, inspire, move, and literally transform followers to achieve organizational goals beyond their self-interests (Burns, 1978), thus initiating and bringing about positive change,” (Weiss, 2011, p.51). There are four behaviors of transformational leadership. They are idealized influence, inspirational motivation, intellectual stimulation, and individualized consideration. Idealized influence is the charisma that can inspire followers, (Weiss, 2011). They will want to be like their leader filled with charm and will likely follow him/her because of that charm. Inspirational motivation is exactly what it sounds like. The leader will be able to inspire their followers toward completion of goals. Intellectual stimulation excites followers by pushing them to think outside of the norm. According to our textbook, “Intellectual stimulation can include such leadership behaviors and practices as brainstorming, challenging the beliefs and norms of the group to innovate and be creative, promoting critical thinking and problem solving to make the organization better, and persuading and...
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...MGT 434 Week 1 DQ 2 To Buy This material Click below link http://www.uoptutors.com/MGT-434/MGT-434-Week–DQ-2 You are the office manager of a small sales company. There are formally three employees with the company: the owner, the receptionist and you. The company hires part time sales reps who sign a contract stating that they are independent contractors. They are supposed to go door to door and make prepared sales pitches for people to purchase the product. There are required to obtain signatures to contracts and to drop of the contracts with initial deposits at the company’s office each Monday. Twice a month they meet at the local Starbucks to discuss sales, new product lines and other issues with the owner and the other sales reps. You get a letter and a telephone call from your State Department of Labor, wanting to examine the employee and sales rep files on the various individuals The owner has gone away to whale watch off the New England Coast and has told you not to call him, even in an emergency. You try to call him but you cannot reach him. How do you handle the issue of the audit and what do you say about the sales reps? On the same day as the audit is occurring, one of the sales reps calls you on his cell phone to report that he cannot make the weekly sales meeting and to give you his sales figures. As he is doing such, he hits a person crossing the street. Several weeks alter, he tells you that he has the lowest amount of car insurance and wants to know whether...
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...MGT 434 Week 2 DQ 3 To Buy This material Click below link http://www.uoptutors.com/MGT-434/MGT-434-Week-2-DQ-3 You are the Assistant General Manager of a restaurant. It has a staff of 30 people, 15 of whom are wait staff, 5 are cooks. 3 are busers and the rest are ancillary staff, including bartenders, dish washers shift managers and ancillary staff,including a host. One day you hear through the grape vine that the host, who is a 55 year old Iranian male, has approached several busers, who are female high school students, and asked them to come over to his apartment to watch classic movies. He has also told several of the girls that they have faces pretty enough to kiss. Two of the girls have told one of the shift managers, you also have learned, about his conduct. You also learn that the shift manager told the girls to tell him that they have boyfriends, who will beat him up if he continues in such a posture. At the same time, you learn that the head cook likes to “clown around” in the kitchen, dirty dance with the dish washers and has smacked some of the wait staff on their butts. All of which he has said was just clean fun in order to make the workplace a fun place in which to work. The owner of the restaurant has had a problem with one of the busers, who has a “time and attendance”issue. She fires the individual, who then files a complaint with the EEOC. How do you handle all of these issues, especially since there was no handbook and no formal posted policy on such...
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...MGT 434 Week 3 DQ 2 To Buy This material Click below link http://www.uoptutors.com/MGT-434/MGT-434-Week-3-DQ-2 You are the Office Manager of a consulting firm, which occupies a four story building in a suburban office park. One day Steve, who is in charge of photocopying, comes to you to tell you about a problem. He has had a diagnosed history of Anxiety NOS. He has recently seen his therapist, who recommended that he make use of a service dog to pet and comfort him during his anxiety attacks. These attacks often occur during the work day and are caused by the stress of deadlines. He owns a teacup Chihuahua, named Poochie Pie. She will be used as the service animal to assist him when these attacks occur. He promises that Poochie Pie is a good dog, will be kept in her carry cage during the day and will be walked at appropriate times. His shop is on the ground floor in the rear of the building. Carla, who is an admin on the top floor of the building, hears that Steve will be bringing Poochie Pie to work. As a three year old, she was bitten by a dog and ever since then has a morbid fear of dogs. She has begun posting negative comments about Steve and Poochie Pie on the Internet and on her Facebook page. You have never read such but several other employees have told you about her comments. How do you deal with these issues? For more Assignments visit:...
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...MGT 434 Week 5 DQ 2 To Buy This material Click below link http://www.uoptutors.com/MGT-434/MGT-434-Week-5-DQ-2 You are a Regional Assistant Vice President in charge of Sales of a national company. While at a baseball game with some colleagues, one of your coworkers, who is also a comparable Regional Assistant Vice President and is 48 years of age, tells you, when you offer to buy him a beer, that he is a recovering alcoholic, has been involved with AA for ten years and has been drink free for nine of those years. He asks that you keep this information in confidence, since he did not disclose this information to the company at the time of his hire. Several months later, you are told that you are up for consideration to become National Vice President of Sales. You are also told that your only competition is the other Regional Assistant Vice President, who shared that he was a recovering alcoholic. You truly want this position and know that it requires a lot of travel and client entertainment. You are somewhat friendly with one of the H/R Vice Presidents. Do you mention to that person in passing that your competitor told you that he had a drinking problem, knowing full well that release of this type of information would be the kiss of death to his candidacy (in light of the requirement for extensive travel and heavy client social/ interaction). Why or Why not? Please support your answer with legal reasoning. For more Assignments visit:...
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