Organizational Structure

Wal-Mart founded in 1962 by Sam Walton is now the largest American retail corporation. With thousands of chains of stores and warehouses Wal-Mart monopolized the American retail industry. In addition, Wal-Mart is the second largest retail corporation in the world employing of two million employees world-wide. As one of the most valuable corporations in the world Wal-Mart continues to improve their sales annually while offering some of the lowest prices available. Wal-Mart’s famous low price guarantee, come at a high expense of the environment, the small businesses, education, the rights and safety of the consumer, but most importantly their employees. Although Wal-Mart has plays a dominate role in American economy, this “American”

Walmart Corporation is the world’s chief company by revenue and the largest retailer in the world. It is a retail discount department and warehouse store. It currently serves customers worldwide in 28 countries throughout 11,695 store locations-including Sam’s Club and the Walmart Supercenter. It is also the world’s largest private employer, with more than 2.3 million staff and their current CEO is C. Douglas McMillon. Walmart was founded in 1962 by Sam Walton in Rogers, Arkansas. He had a dream to build store that offered low prices and great value to the customers. Walmart’s official company purpose is “Saving people money so they can live better” (2017, Walmart History, pg. 3). Although, the company has expanded its location all around the world and made billions of dollars in sales, Walmart is faced with new competition, numerous legal and unethical disputes and vast fines each year.

The company is geographically located in most major united states locations. It employs a hierarchal organizational design. One of the contributing factors to its success is the company’s success in providing a dining experience for its customers that excel in choices, price, customer service, and serving size. The company is known world-wide for its delicious cheesecakes with the key factor being the variety.

As the world’s biggest retailer, the Wal-Mart’s history is a story about innovation, leadership and success. Sam Walton established the Wal-Mart in 1962 (Michael, 2009). On October 31, 1969, it was incorporated and listed on the New York Exchange in 1972 (Michael, 2009). Wal-Mart grew from a single store in Rogers, Arkansas in 1962 to the world’s largest retailer, which operates over 11,000 retail units under 71 banners in 27 countries (Wal-Mart’s official website, 2014). In addition, the Wal-Mart employs 2.2 million associates around the world, which equals to the population of 50 smallest countries combined (Andy, 2012). With its advanced cross-docking inventory system, good relationship with factories, Wal-Mart has achieve economics of scale and got a big market share.

Every company has their own form of organizational structure. Whether the business is big or small, an organizational structure is needed in order to have a successful business. An organizational structure helps put the business in order to make sure there are no problems in the future, but what is an organizational structure? It is how the reporting structure is organized. There are many types of organizational structures. Some examples of organizational structures are, the functional, matrix, and divisional structures (Bateman & Snell, ,  2011). When business owners are planning a structure for their business, it is important to know

Sam Walton started Wal-Mart in 1962. The first store was in Rogers Arkansas. Daft (2008) have a statement to Wal-Mart that, “Wal-Mart is the largest retailer in the United States” (p. 129). Wal-Mart’s website and financial statements disclose that the key values and beliefs include Wal-Mart’s claim to keep costs low for the customer and to build trust in its customer base (“Wal-Mart 2010 annual report”, p. 16). Walton built Wal-Mart on three core values, including respect for the Individual, service to Our Customers, and striving for Excellence (“Wal-Mart statement of ethics”, 2010 p. 5). Definitely, Wal-Mart has created a positive image through its several years’ contributions. The paper will dis-cuss Wal-Mart’s work in following

Wal-Mart Stores Inc. is the largest retail company in the United States and has been ranked number one on the Fortune 500 Index by Fortune Magazine. However despite the fact that the company is big, it has not survived or evaded the normal challenges that corporations go through, irrespective of whether private or public (David, 2012). For instance, the living wage bill of the United States resulted in Wal-Mat threatening to close down its stalls in the United States. Due to its resolution to cutting down on its employees, Wal-Mart has also been characterized by customer complaints as a result of empty shelves.

Wal-mart was founded by San Walton in 1962 in a town called Rogers, Arkansas. Wal-mart is known as one of the leading global retail store. Their motto is “saving people money so they can live better". Over the course of this Session Long Project I will discuss in great detail the start of Wal-mart and why they have been able to expand so rapidly. I will show the benefits that Wal-mart’s corporation has to offer the efforts and their strategies that made this corporation prosperous. I will address the employee skills and experiences needed for this organization to run smoothly. Lastly I will identify their current recruitment practices and determine whether or not they have been successful.

Wal-Mart is the largest multinational retailer corporation that employs employees worldwide. Wal-Mart is known for their discounts and their one stop shop. This study paper will provide

Walmart is a company that most people have heard of; it is one of the largest retail corporations with 11,527 retail units as of 29 February 2016, 4,573 within the United States, 651 Sam’s clubs, and 6,303 Walmart internationals.(“Our Locations,” n.d.) This report aims to take a brief look at the Walmart Corporation; it’s strengths, weaknesses, opportunity and threats along with an environmental analysis, five forces analysis and a look at strategy formation.

The Wal-Mart “Philosophy” has been successful not only because it makes sound strategic management decisions, but also for its innovative implementation of those strategic decisions (Wal-Mart Stores, Inc., 2008). Regarded by many as the entrepreneur of the century, Walton had a reputation for caring about his customers, his employees (or "associates" as he referred to them), and the community. In order to maintain its market position in the discount retail business, Wal-Mart executives continue to adhere to the management guidelines Sam developed. Walton was a man of simple tastes and took a keen interest in people. He believed in three guiding principles: 1. Customer value and service; 2. Partnership with its associates; 3. Community involvement as this researcher has experienced with having been an associate (Wal-Mart, Did Wal-Mart Wake Up, 2008).

I chose to do this written assignment about Wal-Mart. Sam Walton founded Walmart on three basic beliefs which are: (1) respect for the individual, (2) service to the customers, and (3) strive for excellence. (Hayden, Lee, McMahon & Pereira, 2002). It is difficult to pinpoint one type of business that Wal-Mart does because it is involved in a myriad of businesses. At its heart, Wal-Mart is what is commonly called in the United States, a big box retailer. This means that the store is divided into various departments such as groceries, clothing, electronics, bank, fast food, nail salon, beauty salon, quick health clinic, and tire centers that include minor vehicle maintenance such as oil changes. Most Wal-Mart stores also have a gas station outside the store. In addition to the retail stores, Wal-Mart also has a members only warehouse called Sam 's Club. This diversification into a myriad of businesses follows Wal-Mart’s business model to dominate all markets. (Hayden et al., 2002).

Wal-Mart Stores, Inc. is a global trade firm that contains low-cost grocery stores and warehouses. It was established fifty years ago by Sam Walton and his brother Bud in Bentonville, Arkansas (USA). Wal-Mart is considered one of world ́s most valuable companies (“Our Business,” n.d.). It has a sale over $300 billion a year. Wal -Mart is the world biggest employer, having more than 1.5 million workers around the globe. Wal-Mart has more than five thousand stores around the globe. Most of the stores (around 80%) are found in the United States. Over the past ten years, Wal-Mart has become the world ‘s largest and most strong retailer with the leading sales per square foot, inventory turnover and operating profit of any discount retailer (Coe, 2007). They address on creating a difference in the customer`s lives better and helping customers` save money.

Wal-mart was founded by sam Walton in 1962. The idea behind was to bring discount shopping stores to rural America. It grew rapidly with huge popularity. Today it has 3708 Wal-mart U. S. Units, 569 U.S. Sam’s Club and 4112 International units. It toppled GE and became No.1 in Fortune 500 Company list with annual revenue of 405 Billion USD and employs about 2 million associates. It has presence in multiple sectors across retail industry like grocery, Auto, Pharmacy, Jewelry, Clothes, electronics, books etc. Let’s consider strategies in place and changes during last 25 years of Wal-mart.

Wal-Mart Stores, Inc. is a global trade firm that contains low-cost grocery stores and warehouses. It was established fifty years ago by Sam Walton and his brother Bud in Bentonville, Arkansas (USA). Wal-Mart is considered one of world ́s most valuable companies (“Our Business,” n.d.). It has a sale over $300 billion a year. Wal -Mart is the world biggest employer, having more than 1.5 million workers around the globe. Wal-Mart has more than five thousand stores around the globe. Most of the stores (around 80%) are found in the United States. Over the past ten years, Wal-Mart has become the world ‘s largest and most strong retailer with the leading sales per square foot, inventory turnover and operating profit of any discount retailer (Coe, 2007). They address on creating a difference in the customer`s lives better and helping customers` save money.