Critical Thinking

Wal-Mart’s mission statement is, “Saving people money so they can live better.” This statement was what Sam Walton aimed for over fifty years ago. According to Wal-Mart Stores, Inc. (2015), there are now 11,488 stores worldwide and 5,187 of the stores are located in the United States. This company has grown each year since opening in 1962 and is still growing. Wal-Mart is and remains a successful company do to its use of the four managerial functions, all of which are needed to have a successful Management Process. In this paper I will explore how Wal-Mart uses the four managerial functions: planning, organizing, leading, and controlling to maintain their position on the Fortune 500

1. What assumptions did you notice as you worked with the paper the second time around?

In psychology lesson 3 has many interesting filled topics one of them being absolute threshold. The definition of absolute threshold is the weakest amount of a given stimulus that a person can detect half of the time. This is extremely interesting because it shows the capabilities of human beings and our senses tested to the max. The picture in lesson 3.2 shows all the five senses and the absolute threshold of a human. The most interesting representation is sight due humans being able to see a candle flames 30 miles away on a night in idle conditions. The second most intrigued sense would be smell due to humans being able to smell one drop of perfume in a three room house. The third most fascinating example is taste due to humans being able to taste one teaspoon in two gallons of sugars. This is important information to know as a result of letting people know the limits of our senses and that us humans aren’t using our senses to our best potential.

This would be true critical thinking is a process; everything should be analyzed when it comes to making a decision. Now I agree with using critical thinking to solve some problems but not all. However, most situations depending on whether it is at home or work does not always require someone to think critically. I think that the way we think does affect how we handle certain situations on a daily basis. Most importantly it allows for effective communication.

1. What is the DSPD philosophy? Explain how the operations of the different teams reflect the DSPD philosophy.

W233 helped shape my writing and critical thinking by reframing my concept of what constitutes a good piece of writing. Prior to this course, I thought that a good paper consisted of an argument supported with solid word choice and consistent organization throughout to guide the reader through each paragraph. My thoughts at this time were more focused the “what” of an argument, but I learned that in order to write a great paper—especially one that involves mediating an argument—it is equally important to focus on the “how” and “why” of the argument. By this I mean that explaining a point of view on an issue does not result in good argumentation or negotiation, but instead fully understanding how the benefits and drawbacks affect all facets

What is it that differentiates humans from other mammals such as red-bottomed baboons besides the lesser degree of leg hair? Answer: the evolutionary scale has given homo sapiens a greater capacity to learn. In theory, this means that one- hundred percent of humans should be able to multiply faster than any ape. Score one for humans. And, as people who evolved from the same genome seed, individuals across the globe should be learning at similar levels. This is the only rational way of thought. Author of The Smartest Kids in the World, Amanda Ripley, studies test scores from various countries. The scores derived from testing adolescents about critical thinking and problem solving in real- world contexts. The “PISA” test documents scores

Internal and External Factors of Wal-MartIn 1962, Sam Walton opened the first Wal-Mart store and the retailing giant has been rising to success ever since. Various factors have played an integral role in the success of Wal-Mart, but without the strong execution of the four functions of management, Wal-Mart would have failed like many others. This paper will discuss in detail the how internal and external factors affect the four functions of management.

In a variety of business environments around the world, four management functions are usually found. The functions are planning, organizing, leading, and controlling. These are used from top-level management to frontline or organizational management. Globalization, technology, innovation, diversity and ethics are factors that affect these business functions. One can examine almost any organization and find this to be true. Wal-mart is one of the leading retail organizations in the world whose management functions are affected by these factors.

Critical thinking is something that we uses all the time in our everyday lives. I use critical thinking every day in my school work, in my job working as a caterer, and, as funny as this may sound, when I play games. In the future, critical thinking will be a crucial part of my profession in emergency medical services when it will be my job to figure out what is going on with a patient and provide them with the treatment that they need based on how they are presenting to me.

Management entails the administration of organizational operations to run as required to achieve goals and objectives. “The main goal of every organization is to increase its value and make a profit (Dzemyda, 2014).” For a person to be an effective manager, he or she needs to be astute and possess knowledge, skills, leadership attitudes, and behaviors that will make him or her effective.

A manager is an individual who usually oversees a firm or companies actions on a daily basis. A manager has to have qualities of a leader to be selected for this position because in general the manager’s job has a huge weight on the company he is managing and can be a main cause for their major downfall or great success. There have been many influential and important leaders throughout history that have made the world a better place to live in, such as, Nelson Mandela, Martin Luther King Jr, and Steve Jobs, these men have mad the world a better place by taking a stand and having very strong leadership skills. It does not matter what your managing or what kind of manager you are it is crucial to have

As Wal-Mart stores begin to grow by numbers all across USA, the choice of locality also became a point of concern for the management. Presence of Wal-Mart centers in modest vicinities meant more challenges for the organization. Such kind of external challenge can affect all four functions of management planning. Attention to small details was the key in this situation, by doing the basics right and making critical changes to the projects, was the success factor.

     In today’s world management must consider a wide variety of factors in order to establish an effective management plan. Wal-Mart Stores, Inc. is the world’s largest company and number one retailer, with this success a company this large needs to not only to look internally for solutions to their management objectives, they must also look outside of their business for additional resources. With the increase of technology and the easy access to virtually any information, Wal-Mart Stores, Inc. must be prepared to react to the multitude of demands made by consumers and suppliers. The rapid change of the retail industry from brick and mortar

Walmart is indeed a great logistical and operational company. The company’s efficiency has been excellent and risen to an elite standard throughout the years, while managing an average of $32 billion in inventory. It seems obvious that having an effective and efficient distribution and management system is necessary for Walmart’s maintenance, however the strategy involved is equally imperative. The strategic model and identity of Walmart is to drive out costs, enabling consumers to save money.