Case Study 4
.docx
keyboard_arrow_up
School
Point Park University *
*We aren’t endorsed by this school
Course
234
Subject
Management
Date
Apr 3, 2024
Type
docx
Pages
2
Uploaded by ProfWorld13041
1.
How has Wal-Mart been so successful? What has it done well?
Walmart has been successful for many reasons. They maintained low prices and that generated a huge margin from lower income customers. Additionally, Wal-Mart worked very closely with their suppliers to help cut costs on items purchased. Wal-Mart also managed to have multiple strategic business decisions that created success like “cross docking” which is the ability to maintain their own fleet of trucks for shipments. This allowed Wal-Mart to restock their shelves rapidly, sometimes even the same day. 2.
What problems face Wal-Mart? Are the criticisms of Wal-Mart fair? Would Wal-Mart have received this kind of attention if it were a much smaller company?
a.
Walmart faced some stakeholder issues such as a public relation struggle in 1992. They were accused of replacing labels with “made in the U.S.” stamp even though
they were foreign products. This was specific to Bangladesh companies, and they employed young children. This was a horrible look for Wal-Mart. b.
Another issue or criticism of Wal-Mart was the use of sweatshops. In the mid 1990s, some American factories that made products for Wal-Mart were extremely
damaged. However, the focus is on the sweatshop labor used in other countries. It was publicized that 50,000 children in Bangladesh worked in the factories under severely unsafe conditions. I think that these criticisms were valid. Regardless of being a large company, standards should be
upheld across all businesses, and they should be more careful.
3.
Do you feel that Wal-Mart changed after the death of Sam Walton? If so, in what ways has it changed? Walmart doubled in sales after Sam Walton died. However, he was very hands on as a CEO so morale dropped significantly. The employees' wages are low, and they began to struggle with making ends meet, which made morale even worse. Additionally, the accusations of sexual and racial discrimination in 2005 were intense. Wal-Mart faced a class-action lawsuit and 1.6 million employees claimed discrimination based on sex. There was a gap in the length of time it took women to be promoted to assistant by two years compared to men. These two incidents overall began to change the culture of Wal-Mart.
4.
If you were made CEO of Wal-Mart, what changes would you make? Where would you start in trying to “fix” Wal-Mart? Why?
If I were the CEO, I would do my hardest to boost staff morale and make them feel happy about their jobs. I believe that was a significant accomplishment in which Sam Walton was proud. Employees are important because they have a tight relationship with both the company and the customer and may make all the difference in whether your business succeeds or fails. If that's the
case, you want your staff to respect you and not see you as some corporate behemoth out to
conquer the globe, at the very least. Establish a scheme for rewarding employees and reinstate incentives for higher output. In addition, I would reduce output in nations where the company's founding principles are not upheld.
5.
How would you handle the company's negative public relations? What does it need to do
differently on this front? Given Walmart's size, I think it would be advantageous to engage a public relations agency to handle circumstances like this. In situations like determining how to win over the public when introducing a Walmart to a new place or dealing with backlash against their low salaries for hourly workers, a team that can concentrate just on Walmart's connection with the public would assist to ease tensions. If I resolve the issues within the organization, the PR issues almost go away.
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
- Access to all documents
- Unlimited textbook solutions
- 24/7 expert homework help
Related Questions
Research shows that around 33% of the companies cancel their outsource contracts within 5 years andanother 50% found themselves in dispute with the outsourced contractor. There are a number of issues andproblems associated with an outsourcing decision. However, still many companies continue to outsourcemost of their logistics operations. Discuss the possible reasons for apparent failures in outsourcingcontracts. Explain how Carter’s 10Cs model can be used as a checklist when undertaking supplier appraisaland evaluation during the sourcing process. List and explain the 10 element in Carter’s 10Cs model andexplain why they are important when evaluating suppliers.
arrow_forward
1.
Barriers to entry are best described as:
Group of answer choices
When a retailer's entrance is crowded with many items, making it hard for customers to enter the store
Limitations that the retailer faces, due to internal factors such as poor management decisions
Limitations that the retailer faces, due to external factors such as availability of geographic locations
2.
When cooking various dishes, Navid always buys "Hunt's" brand tomato sauce, because he sees tomato sauce as a commodity that isn't going to differ from brand to brand; therefore, he has never really considered other brands since Hunt's is already familiar to him. Therefore, he engages in which of the following decision processes?
Group of answer choices
Limited problem solving
Habitual decision making
Extended problem solving
3.
In general, franchisees:
Group of answer choices
Pay a large one-time fee to the franchisor, and keep all profits after that
Compete locally with other franchisees of the same retailer…
arrow_forward
Sustainability reporting is referred to as "triple bottom line" reporting because it takes into account the triple bottom lines of
and
O a. people; planet; profit
b. product; price; promotion
c. product; positioning; place
O d. productivity; proficiency; procurability
O e. promotion; price; place
arrow_forward
A custom t-shirt company decides to contract with an foreign supplier to source standard plain t-shirts. They find that the shipments were of inferior quality. This new information would lead you to recommend:
Group of answer choices
For vertical integration, in order to reduce monitoring costs
c. For vertical integration, in order to circumvent hold-up problems
a. Against vertical integration, because markets are efficient
arrow_forward
suppose your business is rental cloth collection, explain specifically the markets competitive advantage in the market place and how it will compete against more established competitors.
arrow_forward
40 - A hospital is evaluating whether to outsource or perform in-house a large set of blood and urine laboratory tests. The fixed cost of the laboratory equipment located in the hospital is $800,000 and the weighted average variable cost per test if performed in-house is $28.75. A third-party lab located three miles from the hospital will perform the same tests with more advanced and faster equipment. The lab distributes the results electronically to the hospital at a price of $31.00. If the annual volume last year was 250,000 tests, should the hospital do all lab tests in-house or outsource? Use the Excel template Break-Even to determine the best decision.
Outsource
Insource
arrow_forward
International Data Systems' information on revenue and costs is relevant only up to a sales volume of 120,000 units. After 120,000 units, the market becomes saturated and the price per unit falls from $8.00 to $5.80. Also, there are cost overruns at a production volume of over 120,000 units, and variable cost per unit goes up from $4.00 to $4.50. Fixed costs remain the same at $70,000.
a. Compute operating income at 120,000 units.
b. Compute operating income at 220,000 units.
arrow_forward
Need help on these questions
arrow_forward
Brian and Dom have pooled their resources and have started a major logistics company that transports produce such as potatoes, maize meal and carrots. Their depot is based in Midrand, Gauteng. The pair wants to grow the business and has therefore sought your assistance as a supply chain scholar to assist with the following questions that they have for you.
Both partners understand the need to measure performance, however, Dom prefers to have financial performance measures and Brian prefers to have nonfinancial measures. Advise the partners on which performance measure/s you believe should be used. Justify your stance by discussing at least three key points.
arrow_forward
A company's distribution and warehouse expenses do NOT include which one of the following?
a) The costs of processing, boxing, packaging, handling, and shipping orders to footwear retailers and -online buyers
b)A standard import tariff of $4.00 per pair on any pairs imported from the company's foreign production facilities--tariffs are due and payable at the port of entry rather than when the pairs are sold
c)Annual leasing and maintenance fees of $1 million for each of the company's four distribution centers; however, such expenses fall to 5 times the number of pairs sold when warehouse volume in any region is less than 200,000 pairs annually (should company managers decide to abandon selling footwear in a geographic region, leasing and maintenance costs will fall to $0 (resuming if/when sales begin again)
d)The inventory costs of carrying unsold pairs over from the prior year ($0.50 per pair on required inventrory and $1 per pair on additional unsold pairs)
e)Per pair freight…
arrow_forward
The earnings of the organization can be considerably impacted by buyers and supply chain management. Anorganization may spend up to 50% of its sales revenue on the acquisition of goods and services, including rawmaterials.You are employed as a purchasing director at Food Lovers in Durban, South Africa.
Transportation helps people in those various locations to trade and conduct business with one another by movingpeople and things to different neighborhoods, cities, states, and countries.Examine any FIVE (5) factors that Food Lovers should consider when selecting mode of shipment, carrier and routing.
arrow_forward
Your company produces two types of products. One is in liquid form(highly toxic) and the other one is in packages. Your customer is located in Antalya and your company is located in Gebze region.The typical shipment method is tank truck and box type trucks. Considering these two alternative type of shipments, which one will have a higher cost and why? (Your answer is accepted in case you can back your decision with at least three sentences.)
PLS JUST 3 OR 4 SENTENCES short answer.
arrow_forward
Strategic supply chain management focuses on the long term and the big picture. Tactical management focuses, instead, on processes and procedures that can save time and money while also meeting customer demands and providing value. Tactical decisions can also help minimize risks. Tactical supply chain decisions are made within the constraints of the overarching strategic supply chain decisions made by company management. Tactical planners take the strategic message and focus on creating real benefits for the company. These can include tactical decisions in manufacturing, logistics, suppliers, and product development.Tactical-Level Negotiations with Suppliers:Many companies recognize the cost benefits of using global suppliers. The company as a whole, therefore, may adopt strategic supply chain policies to take advantage of international suppliers who can provide quality products at a competitive price. At a tactical level, local and regional management must work within strategic…
arrow_forward
Strategic supply chain management focuses on the long term and the big picture. Tactical management focuses, instead, on processes and procedures that can save time and money while also meeting customer demands and providing value. Tactical decisions can also help minimize risks. Tactical supply chain decisions are made within the constraints of the overarching strategic supply chain decisions made by company management. Tactical planners take the strategic message and focus on creating real benefits for the company. These can include tactical decisions in manufacturing, logistics, suppliers, and product development.Tactical-Level Negotiations with Suppliers:Many companies recognize the cost benefits of using global suppliers. The company as a whole, therefore, may adopt strategic supply chain policies to take advantage of international suppliers who can provide quality products at a competitive price. At a tactical level, local and regional management must work within strategic…
arrow_forward
SEE MORE QUESTIONS
Recommended textbooks for you
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning
Related Questions
- Research shows that around 33% of the companies cancel their outsource contracts within 5 years andanother 50% found themselves in dispute with the outsourced contractor. There are a number of issues andproblems associated with an outsourcing decision. However, still many companies continue to outsourcemost of their logistics operations. Discuss the possible reasons for apparent failures in outsourcingcontracts. Explain how Carter’s 10Cs model can be used as a checklist when undertaking supplier appraisaland evaluation during the sourcing process. List and explain the 10 element in Carter’s 10Cs model andexplain why they are important when evaluating suppliers.arrow_forward1. Barriers to entry are best described as: Group of answer choices When a retailer's entrance is crowded with many items, making it hard for customers to enter the store Limitations that the retailer faces, due to internal factors such as poor management decisions Limitations that the retailer faces, due to external factors such as availability of geographic locations 2. When cooking various dishes, Navid always buys "Hunt's" brand tomato sauce, because he sees tomato sauce as a commodity that isn't going to differ from brand to brand; therefore, he has never really considered other brands since Hunt's is already familiar to him. Therefore, he engages in which of the following decision processes? Group of answer choices Limited problem solving Habitual decision making Extended problem solving 3. In general, franchisees: Group of answer choices Pay a large one-time fee to the franchisor, and keep all profits after that Compete locally with other franchisees of the same retailer…arrow_forwardSustainability reporting is referred to as "triple bottom line" reporting because it takes into account the triple bottom lines of and O a. people; planet; profit b. product; price; promotion c. product; positioning; place O d. productivity; proficiency; procurability O e. promotion; price; placearrow_forward
- A custom t-shirt company decides to contract with an foreign supplier to source standard plain t-shirts. They find that the shipments were of inferior quality. This new information would lead you to recommend: Group of answer choices For vertical integration, in order to reduce monitoring costs c. For vertical integration, in order to circumvent hold-up problems a. Against vertical integration, because markets are efficientarrow_forwardsuppose your business is rental cloth collection, explain specifically the markets competitive advantage in the market place and how it will compete against more established competitors.arrow_forward40 - A hospital is evaluating whether to outsource or perform in-house a large set of blood and urine laboratory tests. The fixed cost of the laboratory equipment located in the hospital is $800,000 and the weighted average variable cost per test if performed in-house is $28.75. A third-party lab located three miles from the hospital will perform the same tests with more advanced and faster equipment. The lab distributes the results electronically to the hospital at a price of $31.00. If the annual volume last year was 250,000 tests, should the hospital do all lab tests in-house or outsource? Use the Excel template Break-Even to determine the best decision. Outsource Insourcearrow_forward
- International Data Systems' information on revenue and costs is relevant only up to a sales volume of 120,000 units. After 120,000 units, the market becomes saturated and the price per unit falls from $8.00 to $5.80. Also, there are cost overruns at a production volume of over 120,000 units, and variable cost per unit goes up from $4.00 to $4.50. Fixed costs remain the same at $70,000. a. Compute operating income at 120,000 units. b. Compute operating income at 220,000 units.arrow_forwardNeed help on these questionsarrow_forwardBrian and Dom have pooled their resources and have started a major logistics company that transports produce such as potatoes, maize meal and carrots. Their depot is based in Midrand, Gauteng. The pair wants to grow the business and has therefore sought your assistance as a supply chain scholar to assist with the following questions that they have for you. Both partners understand the need to measure performance, however, Dom prefers to have financial performance measures and Brian prefers to have nonfinancial measures. Advise the partners on which performance measure/s you believe should be used. Justify your stance by discussing at least three key points.arrow_forward
- A company's distribution and warehouse expenses do NOT include which one of the following? a) The costs of processing, boxing, packaging, handling, and shipping orders to footwear retailers and -online buyers b)A standard import tariff of $4.00 per pair on any pairs imported from the company's foreign production facilities--tariffs are due and payable at the port of entry rather than when the pairs are sold c)Annual leasing and maintenance fees of $1 million for each of the company's four distribution centers; however, such expenses fall to 5 times the number of pairs sold when warehouse volume in any region is less than 200,000 pairs annually (should company managers decide to abandon selling footwear in a geographic region, leasing and maintenance costs will fall to $0 (resuming if/when sales begin again) d)The inventory costs of carrying unsold pairs over from the prior year ($0.50 per pair on required inventrory and $1 per pair on additional unsold pairs) e)Per pair freight…arrow_forwardThe earnings of the organization can be considerably impacted by buyers and supply chain management. Anorganization may spend up to 50% of its sales revenue on the acquisition of goods and services, including rawmaterials.You are employed as a purchasing director at Food Lovers in Durban, South Africa. Transportation helps people in those various locations to trade and conduct business with one another by movingpeople and things to different neighborhoods, cities, states, and countries.Examine any FIVE (5) factors that Food Lovers should consider when selecting mode of shipment, carrier and routing.arrow_forwardYour company produces two types of products. One is in liquid form(highly toxic) and the other one is in packages. Your customer is located in Antalya and your company is located in Gebze region.The typical shipment method is tank truck and box type trucks. Considering these two alternative type of shipments, which one will have a higher cost and why? (Your answer is accepted in case you can back your decision with at least three sentences.) PLS JUST 3 OR 4 SENTENCES short answer.arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
- Purchasing and Supply Chain ManagementOperations ManagementISBN:9781285869681Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. PattersonPublisher:Cengage Learning
Purchasing and Supply Chain Management
Operations Management
ISBN:9781285869681
Author:Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:Cengage Learning