Saks Fifth Avenue Case Study Essay

An organization that comes to mind would be Saks Fifth Avenue. That company made so many changes that your head would spin. I was a supervisor at their call center and I remember that they wanted the associates to learn the five step buying process. So they put them as well as management through a training course that taught the five step process as well as abruptly teaching them a new system that they expected them to basically learn in that day and implement it the next day. Upper management did a great job teaching their supervisors and team leaders because we got adequate training however for the associates they were pretty much thrown out to wolves and expected to know all the material. See upper management failed to clarify disconfirming

Internal controls represent an organization’s processes and procedures used to meet its goals and objectives and serve as a defense in safeguarding assets and preventing and detecting errors, fraud, and abuse. Effective internal controls provide reasonable assurance that an organization’s objectives are achieved through (1) reliable financial reporting, (2) compliance with laws and regulations, and (3) effective and efficient operations. The passing of the Sarbanes-Oxley Act of 2002, as well as the numerous corporate frauds and bankruptcies over the past decade—including some

I conducted a phone interview with, Joseph Hladiuk the store manager of the Macys in Robinson Township. Joseph has been the working at Macy’s for over 15 years and has been the store manager for about 5 years now. As the store manager, Joe is directly involved with some of the Human Resource functions and HR is a key component to their business because the organization thrives off of its employees.

Problem: Bachand was particularly concerned about how best to motivate the managers of a corporate-owned store given that they did not share in its ownership. He wondered what control system features would make sense for the Corporate Owned stores?

For the most part, Victoria’s Secret remained fairly organized and easy to navigate. Clothing items were folded and stacked neatly or were hanging straight on a hanger. Items are sorted by size, with smaller sizes in the front or on the top and larger sizes in the back or on the bottom. All of these factors make the shopping experience a lot smoother for consumers. It is so difficult to find an item in the correct size if items are not sorted and all the sizes are mixed together. It forces the consumer to tediously look at each and every item’s tag for the size in order to find the right one. This is time consuming and definitely not enjoyable for consumers. However, we did not see this issue when

1) Should Wal-Mart be expected to protect small businesses in the communities within which it operates?

Mall of America has been very successful launching and maintaining a concept that most people did not

Wal-Mart is a world-wide active American retail trade company and currently the largest retail company in the world. Beginning in 1962, Wal-Mart has made the transition from a small firm in Arkansas to the largest employer with 3, 800 store units in the United States with record revenues today. But nevertheless, since Wal-Mart launched its online branch, it had to suffer from substantial setbacks from competitors such as Amazon.com or Ebay.

The Supreme Court ruling of, 'Equal Employment Opportunity Commission( EECO) v. Abercrombie & Fitch Stores Inc, is a religious rights’ in the workplace case In 2008, a Muslim-American teenager with Palestinian origin by the name of Samantha Elauf, applied for a job as a salesperson at Abercrombie & Fitch kid’s store in her hometown in Oklahoma. Ms. Elauf is a devout practicing Muslim and believes her religion requires her always wear a headscarf. According to evidence submitted by the EECO on behalf of the plaintiff, the Assistant Store Manager who interviewed Ms. Eluaf, “told her she would call her…to…her know when her orientation was…but…Elauf never got a call, and her friend Farisa told her three days after the interview that the district

* As the district manager, she should inform all employees that they are to report directly to Tricia in all matters concerning store operation. The district manager should also inform the employees of the formal process for reporting problems/concerns. If the organization has no such policy, then the district manager could introduce a policy that explains what time of complaints can be lodged (harassment, discrimination, theft, and violence) and how they should be reported (hotline, drop box, or open door policy). (Spiro, 2010)

Bloomingdale’s would not be as strong as it today without the help of healthy employees. Every day you make choices to live a healthier and happier life whether it is at work or home. As the president and CEO of Bloomingdale’s I am pleased to announce an added feature to the Bloomingdale’s Wellness Program. We have purchased a corporate membership with Planet Fitness, a free benefit for employees. If your spouse, domestic partner, or children wish to use the center they are not covered. This new feature is available to help you enhance your health, well-being, and productivity.

Panache Clothing Boutique requests a modern interior which encourages women to feel empowered yet beautiful, strong yet graceful and modern yet classic.

The control environment is what sets the tone for an organization and is the foundation for all other components of internal control. It provides discipline and structure and reflects the ethical values, integrity and competencies of the organization. The control environment is very important to effective internal control over financial reporting to an audit client like WorldCom, because good designs can prevent and detect frauds and errors. But because WorldCom had such a poor control environment, the company would require more testing for an audit. This shows that the board did not exercise oversight responsibilities over financial reporting or internal controls.

Fraud prevention is a concern to both small businesses and large corporations alike. Business owners place their trust into employees who are hired to perform duties that contribute to the success of the company. When that trust is broken, or ideally before this occurs, businesses must look to their internal controls in an effort to limit the opportunity for such malicious behavior. The purpose of this paper is to define internal controls, explain the purpose it serves in the business environment, and common internal control measures. Additionally, an example of internal control from this author’s employer will be discussed as well as an incidence of embezzlement found while researching this topic. Let’s first take a look at its definition and some examples.

Yes, I do believe Wal-Mart is doing enough to become more sustainable. Wal-Mart is one of the most powerful companies internationally. As with all things that come with power, Wal-Mart’s business practices are scrutinized thoroughly. This includes their relationships with suppliers, employees, consumers, and the environment. In recent years, the environment has become such a big issue that Wal-Mart, as well as other companies have had to respond to this growing concern.