...Wal-Mart: An Organizing Paper Wal-Mart: An Organizing Paper Lisa A. Long University of Phoenix MGT 330, Professor Stewart Edinger Wal-Mart: An Organizing Paper This is a time of organization. Capital arranges and consequently work must organize. Of the four functions of management organizing is vital in attaining the targets set by an organization and building the greatest use of the existing resources. Wal-Mart is one of the world’s leading merchants. It is important that there must be organization of work. A corporation that big has numerous stores, delivery networks, inventory, and staffs all over the world. The choice to make respectable use of those assets is very difficult, and one of the greatest significant conclusions to make. As an organization such as Wal-Mart produces, so does the complication of that choice. For Wal-Mart to succeed such a massive amount of resources and resources it should depend on the organizational structure to proficiently transport the organizing purpose. The second function of management is organizing, described as the method among which leaders coordinate and hire an organization’s human, tangible, and fiscal resources. For a business to be effective, it is vital to fully comprehend and use the organization function. The smallest error created by the management might...
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...Organizing Paper Organizing Paper When coming across the organization process of Wal-Mart, Sam Walton was the creator in 1962 in Rogers, Arkansas (Wal-Mart Corporate, 2012). The organizing process is described as the management function of pulling together and synchronizing human financial, physical information and other assets required to accomplish goals (Bateman & Snell, 2009). In 1972 discount sores such as Kmart expanded. Sam Walton at that point in time had 15 Wal-Mart stores and did not have the funds to increase the amount of stores, so he offered Wal-Mart stock to the New York Stock Exchange. For the reason of the large profit that toke place from the sales of stock, Wal-Mart was able to expand. By the 80s hit Wal-Mart had 276 stores Wal-Mart Corporate, 2012). Organizing contains numerous organizational resources, physical assets, knowledge, funds, and human resources. In this paper we will talk about human resources and monetary of Wal-Mart. Human Resources of Wal-Mart Managing and upholding of the human resources section is imperative while assessing how effective the organizing function is. “People are assets not commodities” (Bateman & Snell, 2009). The supervisors as well as the businesses have to work collectively to take into service the correct people for the occupation. Human resource management is in charge of recruiting, training, performance evaluations, rewards, labor relations, earnings, and benefits (Bateman & Snell, 2009). ...
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...Organizing Paper * * The organizing function of management has any question due to outline of this organization. The organization agrees with events, responsible and authority. Within these business managements arrange by the modern workers. Organizing also can add to the job that is set. The physical assets, monetary, human resources, knowledge and technology are cases to support the progress of the intuition of the organization. Wal-Mart is an example of an organization where knowledge and technology find an energetic responsibility within a function of management. The headquarters come together to assist the employee of the business. The regular customers who shop in department store are welcome. “Wal-Mart is nation’s top suppliers of consumer electronics “Wal-Mart, the world’s largest retailer…” (Wal-Mart chief pitches for 100% FDI, 2010) . Wal-Mart attempts to achievement to of Wal-Mart because it suggest value to the sponsor, business and consumers. The organizing function is significant to the achievement to of Wal-Mart because it engages in handling of the progress and the duties of each store. On some organization it is the manager’s concern of the job to be responsible with the dealing with the associate hiring new staff, and then inspiring the worker to operate more professionally. Characteristics of organizing are that it’s assembles like human resource with related services and organized the entire job basic need for success. The function...
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...MGT 330 Organizing Paper December 18, 2010 Kelly Wagner Organizing Paper Organizing is a function of management that Wal-Mart seems to utilize very well. The company always seems to attract people to the organization, specify job responsibilities, allocate resources, and create conditions so that people can work together (Bateman and Snell, 2009). These are all important organization factors to achieve in any business; and Wal-Mart does a terrific job. Having a company well organize will ensure that the company runs into little or no problems. When a complication does arise, the company will be well organized to handle the situation properly. Wal-Mart achieves utilizing these factors by separating the company into departments such as Human Resource department (HR) and accounting. The Human Resource department is responsible for ensuring the employees are properly trained, creating incentives to attract new employees and to keep the current employees. HR must ensure that all employees understand that a training course must be taken before the official hiring process can begin. HR creates creative ways to attract new employees to the store. The HR department at Wal-Mart offers bonus after so many consecutive days of working, paid holidays, paid vacations, etc. HR is hoping that these offers will entice new employees to want to work at Wal-Mart, and for current employees to want to stay at Wal-Mart (Anonymous, 2009). The HR department is also responsible for...
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...Organization Paper MGT 330 The organization that I have chosen is Wal-Mart. Wal-Mart is the world leader in retail sales. The corporation holds assets globally that including internal stores, inventory, delivery chains, and employees. Wal-Mart currently are located in 44 countries world wide, has more than 100,000 associates, more than 12,000 stores, and currently holds 2,276 of these stores outside of the United States alone. Because of the large size of this company Wal-Mart have to consider their resources. The management decides on how to conduct business. The procedures that managers use to coordinate and put to work their resources (financial, corporal, and human resources) are known as the organizing function of management (Organizing Function of Management, 2009). This is a very important task because the entire business as well as the employees and customers are affected by these decisions. Poor organizational decisions could result in lost revenue, decreased productivity, increased expenses, and loss of customers. This is why management must be organized and thorough in every area of this process. The global distribution of Wal-Mart’s resources means that the organization function becomes increasingly difficult. As a result, the corporation’s management has to use extreme care in completing the organizing function and must be certain the decisions it makes create efficient and effective...
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...Internal and External Factors Paper Luis Molina MGT/230 November 13, 2013 University of Phoenix Internal and External Factors Paper There are several internal and external factors affecting the functions of logistics planning. These you must have all the factors in mind, as they can have a huge impact on the productivity of organizations. The common four functions of management involve organizing, planning, controlling, and leading; the evaluation process of the internal and external factors that the organization will face that can be a risk for the management of the company. As a company you have to determine a set of problems and limitations, list of the factors that affect the implementation of the management plan. Developing the environmental assessment helps the understanding of the internal and external processes that will influence the success rate of organizations. The main purpose for environmental assessment is for the company or organization to be able to identify and analyze the major trends, forces and phenomena that have a potential impact on the implementation of strategies. Indeed environmental assessment helps to prepare the organization to acclimate to environmental changes and take advantage of opportunities and minimize the adverse effects of hazards. Once the environmental assessment is completed, is analyzed to prioritize the problems, limitations and assumptions that could influence the planning function of management. The assessment of external...
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...Organizing Paper Roberta Willis Management Theory, Practice and Application (MGT/230) August 26, 2013 One function of management that any company must focus on is being organized. Wal-Mart is one company that comes to mind when I think of a large corporation that organized. The management function within a corporation such as Wal-Mart is normally one that not only has responsibility, produces unlimited effort as well as carries the authority given. When the company is able to run successfully without issues arising, there is no doubt that the company is well organized. Somewhere along the line if there was a problem to arise they are well organized and prepared to handle any issues they are faced with. Wal-Mart is one very dominant business in today’s society. They operate over 7,000 stores across the United States including warehouses, supercenters as well as Sam’s Clubs in Canada and Mexico. Wal-Mart was created in Rogers, Arkansas in 1962 (Wal-Mart Corporate, 2013). According to the organization process the functions of management are pulling together and combining human finances, physical information and other assets are required in order to accomplish goals ( Bateman & Snell, 2009). Sam Walton ran into a financial burden in 1972, where he did not have the money to invest in other stores. In order to overcome, he invested into the New York stock exchange. He then made a large enough profit to then expand. Wal-Mart had then opened 276 stores within the 80’s (Wal-Mart...
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...MGT/230 August 21, 2013 Professor Chris Pahl Internal and External Factors The internal and external fact of functions affects management every day. It is the performance that an organization or company within itself could turn out positive or negative. This also pertains to the outside world, where the factors can be beyond the control of the organization in positive or negative situations. The concepts in management implements the four functions needed for the core requirement in management. Planning is the foundation base which all others areas are built. There may be sudden strategies required to be implemented during a crisis. Depending on the conditions, a company may have to alter its course of action regarding certain goals. Organizing is the second function of management that is affected if resources beforehand are not organized. Leading or directing is the third function affected in management, it helps control and supervise the actions of the staff. The leading managers whether positive or negative the internal and external outcome, have to be sensitive and inspirational on a personal basis. Controlling is the last of the functions performance that is affected by the factors. Control is also dynamic in nature as the management can anticipate future problems. When it comes to globalization, internal and external factor affects various segments of a business, company branding, employee capabilities, and consumer and market analysis. A global economy opens new markets...
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...Wal-Mart Unethical Business Practices - Business Research Paper Wal-Mart, the big giant, the place where a lot of people usually do their shopping for the low prices and the variety of products was founded by Sam Walton. Walton was an entrepreneur with an innovative vision, started his own company and made it into the leader in discount retailing that it is today. In fact, Wal-Mart is considered to be the biggest company in the U.S. and it has stores worldwide. According to PBS, “Wal-Mart employs more people than any other company in the United States outside of the Federal government, yet the majority of its employees with children live below the poverty line.”(www.pbs.org) In addition, Wal-Mart likes to portray itself as a seller of U.S. manufactured goods but in reality the company has products on its shelves made in foreign countries and at questionable workshops. It would seem that Wal-Mart encourages “made in the USA” but it really encourages products made outside the. Corporate Watch: Walmart [pic] In the past 10 years, Wal-Mart has grown to become the largest retailer in the world. As America's largest employer and most successful company, Wal-Mart has tremendous influence. However, the company's business practices have negative impacted its employees throughout the country. Wal-Mart has let American workers down by lowering wages and forcing good paying American jobs overseas. Its leaders have chosen to cut costs and violate labor laws. As a result of these practices...
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...Brooke Ellington October 13, 2013 University of Phoenix XMGT/230 Sam Walton opened the first Wal-Mart store in Arkansas on July 2, 1962, (Carson, 1999-2013). The vision of Sam Walton for his store Wal-Mart was to provide lower prices and to reflect on the values of the community and the customer. Consumers remember Wal-Mart for its motto "customer satisfaction" and “guaranteed lower prices." Wal-Mart offers employee training for everyone in the store from the greeters to the managers to ensure excellent customer skills and to instill Sam Walton's philosophy in the consumers mind. Wal-Mart's growth leads to the company becoming incorporated in 1969 that has led to stores opening in the nation and globally. Celebrating 50 years of helping communities and customers, Wal-Mart has more than 10,000 stores in at least 27 countries (History Timeline, 2012). Sam Walton has proven successful management using the four functions of management to grow his business. The four functions include planning, organizing, leading, and controlling. Wal-Mart's success in various levels of management has led to multidivisional structures. Wal-Mart has 13 divisions of strategic management that offers traditional functional areas and geographic areas in the retail operation. The purpose of this paper is to explain how internal and external factors affect the four functions of management in the Wal-Mart Corporation. For any organization to survive, irrespective of its size, it must develop and implement...
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...A Research Paper on Wal-Mart Management, Leadership and Organizational Culture I. Differentiate Between Management and Leadership At Wal-Mart, management is a mixture of controls and standards with a certain degree of freedom for everyone to be able to test on new things and continue to innovate for improvement. The company has excellent controls and they make the company good. Management strategy is built on teams and the leaders go through the process of working with their team members. Leaders go with the group and after every major operation, they all sit down together to analyze the strengths and improve on the weaknesses of the endeavor. Sam Walton, founder of Wal-Mart, introduced some of the basic concepts of management which were popular with employees until the present. He offered stock options and store discounts to his employees. Walton believed that teams will always do better than individuals hence; he has always tried his best to make his employees happy since happy employees make happy customers and more sales. Another reason is that he believes that the employees would care about the company more when they are a part of it and their success is dependent on the company's success. At Wal-Mart, management encourages their employees to be open to talk and air out their concerns and problems. This is what they call the "open door policy" management style. "Leadership is an organizational role involving establishing a clear vision, communicating...
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...A Research Paper on Wal-Mart Management, Leadership and Organizational Culture I. Differentiate Between Management and Leadership At Wal-Mart, management is a mixture of controls and standards with a certain degree of freedom for everyone to be able to test on new things and continue to innovate for improvement. The company has excellent controls and they make the company good. Management strategy is built on teams and the leaders go through the process of working with their team members. Leaders go with the group and after every major operation, they all sit down together to analyze the strengths and improve on the weaknesses of the endeavor. Sam Walton, founder of Wal-Mart, introduced some of the basic concepts of management which were popular with employees until the present. He offered stock options and store discounts to his employees. Walton believed that teams will always do better than individuals hence; he has always tried his best to make his employees happy since happy employees make happy customers and more sales. Another reason is that he believes that the employees would care about the company more when they are a part of it and their success is dependent on the company's success. At Wal-Mart, management encourages their employees to be open to talk and air out their concerns and problems. This is what they call the "open door policy" management style. "Leadership is an organizational role involving establishing a clear vision, communicating...
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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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...Can Wal-Mart Survive China’s Growing Middle Class? China’s rising standard of living and its impact on the discount retail market. Abstract This paper investigates published articles, financial information and books which discuss Wal-Mart’s recent business activities in China. The activity discussed includes Wal-Mart’s increasing impact and influence on the Chinese economy as a buyer and consumer of raw materials, a manufacturer of products, and as a retailer and employer in China. This paper discusses how Wal-Mart sources its finished products and raw materials in and from China, how Wal-Mart markets to China’s middle class, and how Wal-Mart manages China’s middle-class as both its primary customer and their source of labor in China. The intent of this paper is to provide readers with a high level understanding of how Wal-Mart is conducting business in today’s China and how Wal-Mart’s manages their exposure to the various supply chains in China, its increasing dependence on products and services sourced in China and how Wal-Mart is handling China’s growing middle-class and the nationally unionized workforce in their Chinese stores. Lastly, this paper discusses how Wal-Mart’s business strategy competes and compares with Target Stores, one of their leading competitors in the discount retailer marketplace. Keywords: wal-mart, target, china, supply chain management, sourcing, global marketplace Identification. This paper discusses Wal-Mart’s history in China...
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...Running head: ORGANIZATIONAL ASSESSMENT Organizational Assessment Sherry Crowe MGT416 Operations Management A02 Dr. Carson March 19, 2014 Argosy University The Wal-Mart Corporation On May 9, 1950, Sam Walton opened up Walton’s 5&10 in Bentonville, Arkansas. The first store with the Wal-Mart name, opened in Rogers, Arkansas in 1962 and was financed 95% by Sam Walton himself. Since its beginning in Arkansas, Walmart has helped millions to save money and live better. Walmart has changed from being a retail store accessible with set hours to be available anytime and anywhere for their 245 million customers. Walmart offer its 245 million customers retail shopping in 11,000 stores under 69 banners in 27 countries and e-commerce websites in 10 countries (Wal-Mart Stores, Inc., 2013). The company is considered one of the largest employers in the world; Walmart employs 2.2 million associates worldwide. In the U. S., Walmart Supercenters, Neighborhood Markets, and Sam's Club warehouses comprise the choices of Walmart stores to which customers have access (Wal-Mart Stores, Inc., 2013). As Walmart continues growing successfully the corporation has experienced global success, which has led the corporation to be in constant of change of strategies that provide that the corporation continues fulfilling its mission while offering new products, bettering the human resource management and developing its personnel, and expanding its social responsibility by helping the different...
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