...answering the following questions: Was there a correlational relationship between the leadership’s decisions make abilities and the events that led to employees rights? Was there a connection between Walmart’s business practices and the practices of senior leadership that effect the environment? How has the public’s perception of Walmart caused a reduction in the work force, and effecting surround communities? This paper will look deep into these issues and describe possible solutions Wal-Mart: The Economic Power House Walmart runs on small operating costs, it has low prices, it’s a gigantic company, the world’s second largest employer, families spend thousands of dollars a year there, and it has everything from apples to glue, and most people live within 20 miles of one. These facts represent an organization that has had expansive growth since its inception. With this expansive growth also comes problems in ethical practice, environmental sustainability, and economic power. Walmart was founded in Rodgers Arkansas by Sam Walton in 1962, it operates over 11,000 retail units in 28 countries. It employs 2.2 million associates around the world (Walmart, 2015). Wal-Mart is a company that most Americans are familiar with, a company with stores that offer everything a...
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...Building an International Company Name University Abstract An international company is any company that has its facilities and other assets in at least one country other than its home country. A successful company understands the meaning of competition which has caused them to actively fight for new markets, products, and services in order to sustain a competitive advantage. A company that has obtained success in its country of origin usually expands their services into the global economy to become an international business. These companies effectively control their financial and material resources by managing economies of scale, low cost production and fluctuations in currency. Human resources are also essential in the making of a successful company by recruiting talented individuals and encouraging innovation within the company. International companies can expand organically, which is a slow process that consists of building the business from ground up, or they can expand inorganically by buying out, or merging with, an existing business. If I had to create a new product idea, I would want to invent a new way to produce cheap efficient energy for the need of the masses. I would expand the company to international status using the inorganic global growth process. Due to advances in technology, and in today’s business market, most businesses have to compete globally. “These companies actively compete for new markets, products, and services in order to develop and sustain...
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...Sophomore Connor Hayes scared, stunned and shocked as he watches in horror. He realises that his friend is in danger. He then becomes conscious of the situation, they are getting robbed. “It took place in the beginning of summer at about 9 p., by the Neighborhood Walmart,” says Connor. *** Connor and his friend Luke Mullen are starving and craving food. They came upon the agreement to go to Walmart by Harrison by South 168th street. Instead of walking or getting a ride, they decided to use the two hoverboards that Connor owns. “We just really didn't want to walk,” says Connor. As the sun sets, it surprisingly did not seem to get colder. It was “pretty warm” says Connor. It is around 10:30 p.m when they arrived at Walmart. They hung around, picked out...
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...Garneisha Jones Ms. Shook WRIT 102 Section 12 3 October 2013 What Goes Around Comes Around Every day people have waste to dispose of: a wrapper from a piece of candy, an empty cereal box, a drink can, papers that`s not being used anymore, and many other items that can no longer be used. What people do with these empty products everyday can make a difference in the environment. People get rid of trash every day. Some trash gets thrown away into a trashcan. Also some trash gets separated and then recycled. Both choices have different effects on the environment. “Deliver for Today, Inspire for Tomorrow,” is the Coca Cola mission statement. The Coca Cola company mostly focuses on responsibility and sustainability. Recycling materials should be apart people daily routine because, recycling effects the environment, recycling helps curb global warming, and also reduces the use of toxic chemicals. Recycling effects the environment. The Coca Cola Company focuses on many different things such as energy and climate change, sustainable packing and recycling, stewardship, active healthy living and many more things. They believe in climate change, man-made caused by greenhouse gas emissions, was one of the greatest threats to our planet. They want to change their...
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... Target. Target has a long history of providing a wide variety of products from fashionable clothing for all members of the family to your everyday essential needs such as toiletries and cleaning supplies. Behind every wildly successful corporation is a strong organizational structure. Target has an extensive organizational structure that helps them provide the amazing products they do at even better prices. Target’s organizational structure is a functional organizational structure and begins at the very top with CEO, Gregg Steinhafel. From there it breaks down into all different areas. There are presidents of departments such as finical, distribution, stores, Target Canada and others. Each one of these valleys then splits up and goes down the ladder until you reach the very bottom with non-management hourly employees. The management of the stores is the most interesting structure. After the CEO, Gregg Steinhafel there is an Executive Vice President, Tina M. Schiel. After that point Target is broken down into four regions throughout the United Sates. Each region has a regional president that is in charge of the stores and distribution centers in their region. Target then breaks down their regions into groups, districts and then finally individual stores. Each group has a group director as well as a support staff such as people in HR and those that are specialists in each department. Each group has anywhere from 50 to 70 stores that they are in charge of. Then comes the...
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...Wal-Mart Cross-Cultural Perspectives Timothy Johnson ETH/316 Ethics and Social Responsibility July 3, 2014 Rodney Adams Wal-Mart Cross-Cultural Perspectives The subject of whether ethical and social issues should be a major concern for businesses is frequently debated, expressly in an arrangement of compositions from Larry Summers, Bill Gates, and many others. In recent times, a book called Creative Capitalism was put in print to discuss this very issue. There are varying opinions in regards to the cross-cultural perspectives of cultural issues that affects the organization’s interactions outside the United States. Nevertheless when you see the optimistic influence from the intention of a favorably image conscious Wal-Mart is producing in China, it undoubtedly indicate that individuals advocating for ethical and socially conscious organizations may be as it should be. Even as Wal-Mart‘s national establishment has grappled over the course of one year, Wal-Mart’s global establishment hasn’t performed effectively as well. Propelled by difficulties in China, Mexico, and Brazil, Wal-Mart’s global revenues “grew by a mere 1% in 2013 and its revenue per square feet declined by 4.2%.” (Team, 2014) Now that Mexico is Wal-Mart’s principal global site, austere outcomes from Mexico are an immense consternation for the mega department store. The China market is also crucially imperative to Wal-Mart in regards to enduring perspective, despite the...
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...Walmart in the Philippines I. Introduction Given the established retail sector, the consumer expenditure on food and non-alcoholic beverages in the Philippines amounts to approx. 43 billion USD which placed the Philippines as the third largest market in the ASEAN region for processed and packaged foods and one of the fastest growing market in the world. The study suggest that The Philippines has a strong preference for imported goods and supermarkets and hypermarkets that sell imported goods are highly visited by the Filipinos. Today, Filipinos’ way of shopping is changing along with the surging economy of the country. According to the survey conducted by Nielsen, grocery/hypermarket buying habits are rapidly changing because of the proliferation of supermarket/hypermarket chains about growing their branches to cover areas which are previously only covered by “mom and pop” stores. In addition, Filipino shoppers opt to shop with smaller quantities but with more frequency rather than buying in bulk. (see Appendix 1) With the SWOT analysis conducted for the study case, Walmart has a great potential to enter the market in the Philippines because of the shifting of consumer preferences in the Philippines from ‘sari-sari’ stores to hypermarkets. Wal-Mart Stores, Inc., doing business as Walmart, is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores. Headquartered in Bentonville, Arkansas, the...
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...Running head: Walmart Information Systems 1 Walmart Information Systems Research Project-Group2 CIS 511 Fall 2011 Amber Slemmons, Brooke Williams, Cheri Evans, Ismael Molina, & Wesley Belz Walmart Information Systems Walmart Information Systems Executive Summary: 2 Walmart, the billion dollar retail giant, has grown significantly over the past five decades, incorporating numerous different types of information systems into their daily operations. The company is well recognized for their innovation when it comes to utilizing the latest technologies and information systems to maximize their profitability. Information systems structures and processes play a critical role in Walmart’s success and today they are bringing that innovative spirit to the market as they move toward full implementation of Radio Frequency Identification (RFID). This technology allows for Walmart’s operations to function efficiently and effectively as they are capable of sending and receiving real time data to the networks. By doing so they are able to communicate the information to the retailer and the product manufactures making it possible for Walmart to remain competitive in the retail industry by properly controlling its inventories. This report will explain how Walmart has utilized several information systems throughout the course of its history such as: point of sale, satellite communication systems, data warehouses, retail link systems, electronic data interchange (EDI), and most recently...
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...METHODS23 INVENTORIES23 DEPRECIATION AND AMORTIZATION24 GENERAL STRENGHTS24 ACCOUNTING ASSUMPTION AND METHODS25 EVOLUTION AND CAUSE FOR THE CHANGES26 KEY FINANCIAL RATIOS27 LIQUIDITY RATIOS28 PROFITABILITY RATIOS28 DEBT RATIOS29 OPERATING PERFORMANCE RATIOS30 ANALYSYS OF RISK31 FX AND INTEREST RISK32 SOLVENCY RISK33 COMPETITORS ANALYSIS34 SWOT ANALYSIS37 RECOMMENDATIONS38 BIBLIOGRAPHY39 INTRODUCTION Walmart Stores, Inc. (WMT) is an American public corporation that runs a chain of large discount department stores and a chain of warehouse stores. Walmart operates more than 8,692 retail units across three business segments of retail stores worldwide that offer a wide array of general merchandise including groceries, apparel, electronics, and small appliances. In addition, the company is the world's largest retailer and grocery chain by sales and just over half of the company's sales comes from grocery items. Over 54% of the company's stores are located in the United States, with the majority of international stores located in Central and South America and China. The company focuses on offering the lowest prices across its business segments, which together earned $408 billion in revenue in 2010, a 1% increase from sales...
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...Addressing the Sustainability Challenge and its Effect on Managers of Modern Organizations Addressing the Sustainability Challenge Modern society is affected daily by technological advances, the fluidity of the economic system, the legitimacy of products, and the constant change in the environment. Likewise, modern organizations face the same challenges. As Daft (2012) mentions, all organizations exist for a purpose. The challenge for managers is to be able to understand these challenges as well as be able to project how they will affect their organization. The manager then must be able to apply organizational changes that will exploit these challenges in order to promote growth. Otherwise, the existing purpose of the organization would deteriorate. This issue is known as organizational sustainability; just as society must adapt to the constant change of the environment, organizations must adapt to constant change in order to maintain their purpose. Further, corporate sustainability is being able to identify the social, environmental, and economic impact that leaders must address for the success of their organization. It is critical for managers to consider sustainability because in order to keep an organization’s product or service relevant to the market, they must be able to adapt their strategy to the constant change of environment. Organizational sustainability encompasses the personnel that make up the organization, the products and services that the organization...
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...eight-storey garment factory in Rana Plaza on the outskirts of Dhaka on April 24th killed at least 400 people and injured many more. It was probably the worst industrial accident in South Asia since the Bhopal disaster in 1984, and the worst ever in the garment industry. Local police and an industry association had warned that the building was unsafe (see article). The owners reportedly responded by threatening to fire people who did not carry on working as usual. Much of the blame lies with Bangladeshi governments of all stripes, which have made only rudimentary attempts to enforce the national building code, especially against politically well-connected landlords. With luck, the laws will now be applied, but nobody expects much. The spotlight is therefore on the multinational companies whose orders from local factory owners have led to the rapid recent growth of the garment industry in Bangladesh, the world’s second-largest exporter of clothing after China. Familiar brands now stand accused of exploiting poorly paid workers with a callous indifference to their safety. Two companies whose products were found in the rubble at Rana Plaza—Primark, a cheap British label, and Canada’s Loblaw, whose brands include Joe Fresh—have rapidly promised compensation to victims and their families. But it goes deeper than that. Clothing companies, after all have been to the fore in “corporate social responsibility” (CSR). Prompted by earlier scandals over working conditions in far-flung...
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...My folks and I left a church in Nuiatoputapu, a little Tongan island in the South Pacific. We walked across the church yard. Ane, a local woman who'd invited us to the service, sometimes stopped to introduce us to members of the congregation. I suddenly heard a panicked yelp in the distance, followed by the screech of tires. The local women around us continued walking, only a few cast a wondering glance towards the noise. The sun seemed hidden behind the trees. My mother and father stopped to talk to some locals. I saw two men dragging something black behind them. “Mom, what's that?” Yet, before she could answer, I figured it out for myself. The black thing was a limp dog. I watched the men and the dead dog. My stomach felt hollow. “That must have been what caused the yelp,” my mother said. “Ah yes!” said Ane, her handmade shell jewelry clinking together as she spoke. “They will take the dog to their house and stick it in the umu.” I imagined a little grave that Ane and the others would later crowd around with tearful eyes over the loss of their pet....
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...FINANCIAL ANALYSIS PROJECT 1 CONTENTS INTRODUCTION...........................................................................................................................................4 VISION STATEMENT................................................................................................................................5 MISSION and OBJECTIVES.......................................................................................................................5 COMPANY SUMMARY................................................................................................................................6 OWNERSHIP....................................................................................................................................................6 ORGANIZATIONAL STRUCTURE..........................................................................................................7 HISTORY OF WAL-MART..........................................................................................................................8 INDUSTRY ANALYSIS.................................................................................................................................9 MARKETING ANALYSIS...........................................................................................................................10 MARKET SEGMENT.............................................................................................................................
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...1961 and currently serves 12 million members across the US through individual and employer markets. Humana is the fifth-largest company in terms of medical membership in the country. Humana is particularly strong in the Medicare market and has developed deep expertise over its 25-plus year experience with the program. Humana currently has Medicare offerings in all 50 states and offers Medicare Advantage plans and standalone prescription drug coverage for approximately 5.8 million members. In addition to selling insurance products, Humana also delivers primary care, urgent care, wellness, and other healthcare services through its operation of medical centers and worksite medical facilities via its Concentra subsidiary, CAC Medical Centers in South Florida, wellness company LifeSynch and other affiliated businesses. Humana’s president and CEO is Bruce Broussard, who was named president in late 2011 and appointed CEO in 2013.The company reported $41.31 billion in annual revenues for 2013. Humana says its strategy is to “offer its members access to quality, affordable healthcare services through a consistent, best-in-class member experience.” One of the key ways this is accomplished is through Humana’s “Integrated Health” approach, which places the primary care provider at the center of a coordinated care process that is “consistent, cost-effective...
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...In the economic world, BRICS is a grouping acronym that refers to the countries of Brazil, Russia, India, China and South Africa. These countries are all known to be at the beginning of newly advanced economic development. The acronym was created by Jim O'Neill in a 2001 paper entitled "Building Better Global Economic - BRICS". The acronym has come into worldwide use as a symbol of the shift in global economic power away from the developed G7 economies towards the developing world. G7 countries are existing nations with well-developed economies. It is estimated that the BRICS economies will overtake G7 economies by 2050. Although there is argument of whether South Africa should be included in the BRIC countries due to its population of 50 million, it was still included. China and India, predictively, will become the dominant global suppliers of manufactured goods and services, while Brazil and Russia will become similarly dominant as suppliers of raw materials. India is the second largest country with a population of over 1.2 billion people. The country thrives off of small businesses headed by poor families trying to make a living and to support their families. In the past decade however, India has made it clear they want to expand their horizons. This idea is not favored with everyone due to the fear of forgetting India's roots and traditions to the modern way (or Western way). It is also causing a stir about the decline in profit to small businesses. The value of Indian economic...
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