...Assignment 1: Annual Report Project Due Week 8 and worth 20 points The purpose of a corporate annual report is to communicate to stockholders and other interested parties its financial statements. The annual report is a summary of the corporation’s operations over the previous 12-month time period and states the corporation’s plans for the future. Many annual reports are created to resemble a corporate brochure, using lots of pictures, color, charts, and graphs. Despite the fancy look, the main purpose of the report is to provide the year’s financial data, which comes from the corporation’s accounting system. Instructions: Obtain a current annual report for any U.S. company you are interested in analyzing. Each student must choose a different company to analyze; therefore students must receive approval of the selected company from the professor by Week 5 of the class. Write a 2-3 page paper in which you: 1. Identify and explain the main sections of the annual report. 2. Discuss the key factors that influenced the company’s financial performance during the year. 3. Discuss the primary assets held by the company. 4. Explain how management characterizes the internal control environment of the company. Your assignment must: * Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; references must follow APA or school-specific format. Check with your professor for any additional instructions. *...
Words: 971 - Pages: 4
...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...
Words: 4729 - Pages: 19
...2QA3 Group Project The Relationship between Canadian Income and Walmart’s Net Income! ! Friday, November 29, 2013! ! ! Surname Cai Mei Sun Ye Given Name Kaisi Yueli Xinran ShanShan Student Number 1219196 1214213 1224165 1234730 McMaster email caik@mcmaster.ca meiyl@mcmaster.ca sunxr@mcmaster.ca yes22@mcmaster.ca Contents! Executive Summary! Introduction! Literature Review! “Walmart always low price”! Project Work! Canadian average income from 2002 to 2011! Walmart’s income from 2002 to 2011! Comparing Canadian average income and Walmart’s income! Comparing Walmart with it’s competitor (Shoppers Drug Mart)! Hypothesis testing 1 (Walmart’s net income and average income)! ! i! 2! 3! 3! 4! 4! 4! 5! 6! 7! Hypothesis testing 2 (Walmart’s net income and it’s competitor’s income)!8! Result and Recommendation! Result! Discussion ! Recommendation! Conclusion! Appendix A! Appendix B! Appendix C! Appendix D! Appendix E! Notes! Bibliography! 10! 10! 11! 11! 12! 14! 16! 18! 20! 21! 22! 23! 2QA3 GROUP PROJECT ii Executive Summary! The retail giant, Walmart, has out beat all its competitors and gains a remarkable growth during the 2008 Great Recession. The further investigation has conducted to confirm the relationship between Walmart’s net income and Canadian average income. The results show that as percentage growth of Canadian average income decreases, the percentage growth of Walmart’s net income increases. It also determines that Walmart’s growth has...
Words: 2053 - Pages: 9
...factor in the survival, development and success of any business” (Premeaux, 2009). In this paper there will be discussions on Walmart strategic initiative program and the effectiveness of it. Walmart is not only a leader in retail but leads concerning energy savings and conservation. Walmart has taken advantage of technology as it relates to renewable and perpetual resources such as the sunlight, solar panels, and wind. Not only does Walmart show that it is environmentally conscience, but also reinforces it is focus on the customer by strengthening productivity and reduce expenses with the “Powered by Walmart” initiative and at the same time to keep providing service for its customers and profits for its shareholder. Initiative Effects on Financial Planning The “Powered by Walmart” is an initiative that Walmart has implemented to reduce the company’s expenses by reviewing their processes and eliminating any unnecessary steps taking place and costs incurred. According to Walmart’s Fourth Quarter Fiscal Year 2012 Earnings Call on February 21, 2012 they expect to maximize their value by balancing global leverage (Walmart Annual Report, 2012). This message also stated that some of these “Powered by Walmart” initiatives had already begun taking place within various stores in the United States and the United Kingdom. Walmart has evaluated the staffing of locations and worked toward making sure that the stores are staffed with the right personnel for...
Words: 1368 - Pages: 6
...This article is published in a peer-reviewed section of the Utrecht Law Review Four Case Studies on Corporate Social Responsibility: Do Conflicts Affect a Company’s Corporate Social Responsibility Policy? Cristina A. Cedillo Torres, Mercedes Garcia-French, Rosemarie Hordijk, Kim Nguyen, Lana Olup* 1. Introduction 1.1. Background and objectives This article will discuss the different Corporate Social Responsibility (CSR) issues that emerged within four multinationals (Apple, Canon, Coca-Cola and Walmart). There is no clear definition of CSR. In Corporate Social Responsibility, Legal and semi-legal frameworks supporting CSR Lambooy gives an r o verview of several definitions of CSR.1 The European Commission defines CSR as ‘the esponsibility of enterprises for their impacts on society’.2 This is the definition which is the most suitable for the c ontext of the article’s research question. As this article will focus on companies from the US and Japan, the authors also provide an overview of the focus on CSR from the US and Japanese perspective. In the US there is no governmental regulation regarding CSR or business best practices. Instead, according to findings from Bennett American, companies have a marked tendency to use codes of conduct.3 The American CSR perspective could be described as following a principles-based approach, with codes of conduct that prescribe values and principles which company members as a whole should aspire to follow. ...
Words: 16555 - Pages: 67
...This article is published in a peer-reviewed section of the Utrecht Law Review Four Case Studies on Corporate Social Responsibility: Do Conflicts Affect a Company’s Corporate Social Responsibility Policy? Cristina A. Cedillo Torres, Mercedes Garcia-French, Rosemarie Hordijk, Kim Nguyen, Lana Olup* 1. Introduction 1.1. Background and objectives This article will discuss the different Corporate Social Responsibility (CSR) issues that emerged within four multinationals (Apple, Canon, Coca-Cola and Walmart). There is no clear definition of CSR. In Corporate Social Responsibility, Legal and semi-legal frameworks supporting CSR Lambooy gives an r o verview of several definitions of CSR.1 The European Commission defines CSR as ‘the esponsibility of enterprises for their impacts on society’.2 This is the definition which is the most suitable for the c ontext of the article’s research question. As this article will focus on companies from the US and Japan, the authors also provide an overview of the focus on CSR from the US and Japanese perspective. In the US there is no governmental regulation regarding CSR or business best practices. Instead, according to findings from Bennett American, companies have a marked tendency to use codes of conduct.3 The American CSR perspective could be described as following a principles-based approach, with codes of conduct that prescribe values and principles which company members as a whole should aspire to follow. ...
Words: 16555 - Pages: 67
...discuss the Walmart Corporation, its role of ethics and compliance, the procedures used to ensure ethical behavior, the processes Walmart uses to comply with SEC regulations, and a review of Walmart’s financial performance over the last two years. Role of Ethics and Compliance of Walmart The Walmart Corporation prides itself on its ethics and compliances to standards and regulations. Walmart shares all of its strategies and performance ratings in its annual reports, news releases, public filings, conference calls, and Internet resources so that all information is readily available to the public and potential and current stockholders. In regard to financial ethics of Walmart, the requirements are that the Chief Executive Officer (CEO) and Senior Financial Officers (SFO) must supply fair, full, understandable, and timely release of financial rankings in the periodic reports, which the Securities and Exchange Commission (SEC) examines. The CEO and SFOs of Walmart are responsible for reporting information that there may be in regard to deficits in operations in specific or general areas that could have a negative impact on the accurate reporting of financial data. Fraud involving associates who may be acting unethically must be brought to the attention of the SFOs, CEO, and any other corporate managers so they follow appropriate disciplinary actions to resolve the issues. The CEO and SFOs of the Walmart Corporation strictly back the financial ethics of Walmart. Walmart...
Words: 1651 - Pages: 7
...Acct 370 Excel Project Click Link Below To Buy: http://hwcampus.com/shop/acct-370-excel-project/ PART 1: Excel Project: Part V Instructions Common Sized Statements and Trend Analysis on WALMART Stores Inc. The tenth tab in your Financial Statement Analysis Template must be labeled Common Sized Balance SheetsThe eleventh tab in your Financial Statement Analysis Template must be labeled Common Sized Income StatementsThe twelfth tab in your Financial Statement Analysis Template must be labeled Horizontal Analysis of Balance SheetsThe thirteenth tab in your Financial Statement Analysis Template must be labeled Horizontal Analysis of Income StatementsInclude the latest three years for the common sized (vertical analysis) and horizontal analysis in Tabs 10–13. *PLEASE WORK OFF OF ATTACHED EXCEL SPREADSHEET. When you open the document, you will see that there are already 9 tabs. Follow the instructions above. You will need to add 4 more tabs labeled appropriately with the above titles (see instructions). Please save the work and send it back to me. PART 2: - Use WORD to complete this part COMPARITIVE ANALYSIS REPORT. - WALMART Examine common sized financial statements and ratios for the company you selected for the Excel project and two of its competitors. Write a 1000-word report in current APA format. Include the following in your report: Compare and contrast the selected company, its competitors, and industry averages Identify the selected company’s strengths...
Words: 280 - Pages: 2
...wrong because of a cultural tradition. (Rosenstand, 2013). The corrupt behaviors which were discussed in Phase 2 discussion board were of two different companies, the two companies that I chose were Walmart and Nike. However, in this particular individual project I will focus on corrupt behaviors of Walmart. In today’s culture, there are three particular factors of behavior, thought and feeling and these patterns are considered normal only because they are and can be significant and useful. Normal behavior supports unity where abnormal does not come together with in an organization and can easily destroy the organization. The behavior of Walmart has destroyed a part of their integrity as it has caused a significant profit loss for the organization. Behavior thought and feeling are all different factors where a judgment can be placed on what is right and what is wrong. The fact that the behavior where Walmart was investigated for allegations of bribery to Mexico for their own gain and where they failed to report large sums of money for payment to Mexico to rapidly get building permits amongst other favors does not constitute that the behavior is or is not normal, due to no moral of right or wrong, as Walmart actually felt that they...
Words: 1183 - Pages: 5
...Introduction to IT(IT190-1503B-03) Information Systems Overview 2015 Paula Culbreath 8/26/15 Table of Contents Walmart Information Systems overview1 Retail Link (RFID Technology)2 Openstack(cloud infrastructure)3 Walmart Information Systems concepts4 Networking5 Wifi in Warehouse6 Business Information Systems7 Definitions of MIS,TPS, DSS, AI8 Walmarts System9 Systems Development10 TBD11 TBD12 Information Systems & Society13 TBD14 TBD15 ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- ------------------------------------------------- Walmart Information Systems Overview Walmart Technology In its relentless pursuit of low consumer prices, Wal-Mart embraced technology to become an innovator in the way stores track inventory and restock their shelves, cutting costs and passing the savings along to customers. In the process the company became synonymous with the concept of successful supply chain management. Wal-Mart isn’t just the largest retailer in the world over the past several years it has popped in and out of the top spot on the fortune 500 list—meaning that the firm has had revenues greater than any firm in the United States. Wal-Mart is so big that in three months it sells more than a whole year’s worth of sales at number two U.S. retailer, Home...
Words: 1551 - Pages: 7
...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 communities where stores...
Words: 4706 - Pages: 19
...Acct 370 Excel Project Click Link Below To Buy: http://hwcampus.com/shop/acct-370-excel-project/ PART 1: Excel Project: Part V Instructions Common Sized Statements and Trend Analysis on WALMART Stores Inc. The tenth tab in your Financial Statement Analysis Template must be labeled Common Sized Balance SheetsThe eleventh tab in your Financial Statement Analysis Template must be labeled Common Sized Income StatementsThe twelfth tab in your Financial Statement Analysis Template must be labeled Horizontal Analysis of Balance SheetsThe thirteenth tab in your Financial Statement Analysis Template must be labeled Horizontal Analysis of Income StatementsInclude the latest three years for the common sized (vertical analysis) and horizontal analysis in Tabs 10–13. *PLEASE WORK OFF OF ATTACHED EXCEL SPREADSHEET. When you open the document, you will see that there are already 9 tabs. Follow the instructions above. You will need to add 4 more tabs labeled appropriately with the above titles (see instructions). Please save the work and send it back to me. PART 2: - Use WORD to complete this part COMPARITIVE ANALYSIS REPORT. - WALMART Examine common sized financial statements and ratios for the company you selected for the Excel project and two of its competitors. Write a 1000-word report in current APA format. Include the following in your report: Compare and contrast the selected company, its competitors, and industry averages Identify the selected company’s strengths...
Words: 280 - Pages: 2
...Walmart currently employees more that 2 million people worldwide in their more than 10,000 retail stores, strategically located in 27 different countries worldwide (Walmart Inc., 2013). In 2012 the company reported earning well over 400 billion dollars (Walmart Inc., 2013; "Walmart- Refocus," 2006). Here in the third week of the needs assessment being conducted on behalf of our client BJ’s a division of Walmart Inc., the focus surrounds the collection and its analysis. Following the collection of data and a meeting was held with BJ’s management and a recommendation was made based on this analysis. The recommendations made was based on the findings generated from random customer satisfaction survey, selection process for focus groups, identifying and documenting key organizational objectives through questionnaires and surveys, collecting and tabulating responses from returned email questionnaires conducted over a two week period. As the world’s largest retailer, Walmart still faces the potential of not having the relative flexibility to act swiftly in response to changing global markets, fostering a universal company culture in all its locations, addressing the high rates of turnovers, or providing the same level of customer service and productivity globally. Realizing that there are several areas that need to be address using data collected from several source, random customer survey, employee surveys and questionnaire, small focus groups, the data determined the best...
Words: 1311 - Pages: 6
...| Financial Terms and Roles | Individual Assignment | | FIN/370 | May 7, 2012 Kristopher Karazassis | | Financial Terms and Roles Finance is concerned with how individuals, such as managers, lenders, businesses, firms, investors, and borrowers allocate money over a specified period. This paper lists the definitions and roles of financial and accounting terms provided in the course design. The terminology that follows explains and interprets the concepts and elements relevant to the first week’s objectives and topics in Finance 370. Emphasis is placed on types of securities, markets, finance, equity, liability, ratios, and assets. Finance is the study of how people and businesses evaluate investments and raise capital to fund them. The key role of finance is the management of cash flow in deciding on investments, how to fund them, how to allocate money for day-to-day operations over time, and the interpretation of financial concepts, which is the central focus of finance. Efficient Market is a market price unbiased of the investments true mean value. The fact that...
Words: 3334 - Pages: 14
...Viewpoint The unveiling of Walmart’snext generation stores is part of a strategic plan dubbed “project impact.” Announced in 2008, the nationwide remodeling effort aims to improve the Walmart shopping experience and increase sales. Time Context According to the Project’s rollout schedule 70% of U.S stores will undergo an upgrade by the end of 2012; the remaining renovations will wrap up in 2014. Problem statement SWOT Analysis Strength: The strength of Wal-Mart is the popularity. The company is known worldwide. The company's strength is the brand name which is very strong. The mark strength is what returns the company, its products and services popular. In addition the company's strength is its ability to make strategic adjustments every time you need . The company ensures that whenever changes occur in the industry have plans alternative to it. The strength of the company is the supply chain system where the company has products in a locked place until needed in a certain branch. To end a force Wal-Mart is its Web site that is easy to use, attractive, and instructive. This Web site encourages customers to visit the store and use the company's products. Weakness: W The main weakness of Wal-Mart is criticism to the company. Criticism affects not only the image of the company, but its position in the supply chain. This criticism affects the relationships between suppliers and the company that talks of this fact effects outputs in the supply chain of the company. Another...
Words: 538 - Pages: 3