Wal-Mart Essay by Peter Pen

Wal-Mart
This paper discusses three internal and external factors that impact the four functions of management at Wal-Mart: Globalization, diversity and e-business.
# 62494 | 1,445 words | 6 sources | APA | 2005
Published on Nov 28, 2005 in Business (Companies) , Business (Management)


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Description:

This paper explains that having a successful U.S. business does not automatically translate to success overseas, but the Wal-Mart culture was able to transcend borders; Sam Walton's three basic beliefs--respect for the individual, outstanding customer service and striving for excellence--are as effective in the international marketplace as at home in the U.S.. The author points out that diversity among the employees seems to be excellent in Wal-Mart's television commercials; but the record of complaints and lawsuits against Wal-Mart's unfair employee treatment such as low-wages and unfair benefits and sexual discrimination in pay, promotion and training, indicates that Wal-Mart is not internally diverse. The paper states that Wal-Mart's website is one of the top selling web-sites because of all the information they provide and how easily consumers can use the site.

Table of Contents
Globalization
Diversity
E-business

From the Paper:

"Creating an environment that fosters total commitment from employees is a primary goal for Wal-Mart. The management team uses the basic functions of management to accomplish this commitment from the associates. Store associates down to the lowest level employee are given financial reports to send the signal "You are a partner in the company and we want you to run your department as your own little business." Delegation is a form of complement, building trust and confidence within the company. Mr. Walton believed in sharing leadership by referring to the store employees as 'associates'. He energized associates with personal store visits and rallies. Keeping employees satisfied helps defuse labor issues as well. There are no unions at Wal-Mart or Wal-Mart, International."

Cite this Essay:

APA Format

Wal-Mart (2005, November 28) Retrieved April 19, 2021, from https://www.academon.com/essay/wal-mart-62494/

MLA Format

"Wal-Mart" 28 November 2005. Web. 19 April. 2021. <https://www.academon.com/essay/wal-mart-62494/>

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