Wal-Mart Control Mechanisms
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This paper examines Wal-Mart's four control mechanisms of price, communication, power, and trust, comparing and contrasting them and showing how they impact the four functions of management.
From the Paper:"As the world's largest retailer and the world's largest company, with more than ... billion USD in sales annually, Wal-Mart is a force to be reckoned with in the retail world. Not surprisingly, a company that large and profitable can attribute at least some of its success to strategic control mechanisms such as price communication, power and trust. Control mechanisms are strategic variables for managing ongoing channel relationships and serve as key building blocks' for organizing exchanges between channel members. (Nevin)."
Cite this Comparison Essay:
Wal-Mart Control Mechanisms (2008, December 01) Retrieved September 22, 2020, from https://www.academon.com/comparison-essay/wal-mart-control-mechanisms-125288/
"Wal-Mart Control Mechanisms" 01 December 2008. Web. 22 September. 2020. <https://www.academon.com/comparison-essay/wal-mart-control-mechanisms-125288/>