Wal Mart Essay

(3) Management style-“management by walking and flying around”. Wal-Mart partnership with its associates meant sharing the numbers-Walton ran the business as

Wal-Mart is an American multinational retail corporation and one of the leading discount department retail stores (Wikipedia). It is the highest- grossing company in the United States (Fortune 2008a), and is by far one of the most successful companies worldwide. Wal-Mart offers a place to buy the majority of our goods under one roof like electronics, furniture, clothing, pharmacy, sports, food, books etc. Wal-Mart sells good at lower price than the others and this is even shown by its slogan “save money, live better”.  It drives out smaller and sometimes even the expensive stores out of business due to its lower prices. Wal-Mart provides jobs for thousands of

Wal-Mart is a producer who has the sole purpose of promoting consumption of the consumer. Wal-Mart and its quest for capital improvement are playing a major and vital role in the evolution of economic life. Wal-Mart brings positive change to towns in the U.S. They increase competition between retailers, stimulating the economy, and they also bring more capital and tax revenue to at town, some of which desperately need a positive change.

Wal-Mart is a famous company now a day because it is selling variety of quality products on very low prices, which attracts customers towards itself. Wal-Mart is beneficial for everyone, especially for middle class and poor

Wal-Mart is a brand that is universally recognized by everyone as a place where you can get what you need when you need. They stand by their name and reliability of their products. I personally believe they are the most diverse organization and best run company's doing the most business right now. They are also known as the best place to save money and is essentially an all in one shop.

Wal-Mart is one of the biggest companies in the United State. Wal-Mart is basically the place or the store where they sell almost everything such as grocery, clothing, electronics, baby products, school suppliers and so many things.Wal-Mart is the best store to buy these inventories from because it has the lowest prices compare to the others stores such as WinCo or Albertsons. Wal-Mart is open 24 hours, so it is the place where you can shop anytime you want. Wal-Mart is the store where they provide a lot of discount on their inventories. Even though, Wal-Mart does not have the best qualities on their inventories, their inventories are still good enough to enjoy their products. Wal-Mart is a really successful company because almost every city has a store of Wal-Mart. It’s the place where you see the rich people,

) success is the stuff of legend.But there is no mystique at the core of its mammoth success. WalMart 's ability to provide customers with "everyday low prices" and its presence as an economic and political force of gigantic size and influence, is the result of a process that was built on some core principles and procedures. Looking at Walmart 's history and present operations helps investors understand the methodology that enables this sizeable chain to do what it 's known to do best – sell cheap. (For a background on retail operations, see: The Industry Handbook: The Retailing Industry.)

Is Wal-Mart good for communities, or is Wal-Mart a wolf in sheep's clothing? With a gross annual sales of over $67 billion and more than 2,000 stores, Wal-Mart is one of the biggest corporations in the United States. Wal-Mart opens a new store once every two days in small communities and cities across the United States, however, are these stores good for these communities, or are they wrecking havok? When you look down at the fine print Wal-Mart doesn't earn it's money it steals it money from other businesses. Choking other smaller businesses by offering wider varity of products at a more competitive price. This is actually a very simple business tactic if you want to sell a lot of something cut your profit margin to beat the

Wal-Mart is the leading retail firm in the United States that is ranked the first in Fortune 500 index because of its sound business practices and huge profits. The company has

Due to such a large scale of operations, Wal-Mart can make there prices low at cost, this is an advantage. Also Wal-Mart has over 10,130 stores. The wide ranges of products, with this Wal-Mart have a lot of brands to choose from. The Competence in information system, the effective management of the supply chain and the logistic is one of the most important factors for Wal-Mart. The cost leader strategy, help Wal-Mart with the prices, as for they are able to put prices at the lowest over other competitors. The last one international operation, Wal-Mart does not rely on US stores only, but the competitors do (Jurevicius,

Over the years Wal-Mart has proven to be a leader in creating an affordable department store that offers consumers every possible product imaginable within one single store location.

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.

What impresses you about this company? What aspects of Wal-Mart do you find unimpressive? What accounts for Wal-Mart’s success? Is it a great strategy, superb strategy implementation and execution, or great leadership?

Wal-Mart's history is one of innovation, leadership and success. It started with a single store in Rogers, Arkansas in 1962 and has grown to what is now the world's largest - and arguably, the most emulated - retailer. Some researchers refer to Wal-Mart as the industry trendsetter. Today, this retailing pioneer has annual revenues of over $100 billion, 3,000 stores and more than 750,000 employees worldwide. Wal-Mart operates each store, from the products it stocks, to the front-end equipment that helps speed checkout, with the same philosophy: provide everyday low prices and superior customer service. Lower prices also eliminate the expense of frequent sales promotions and sales are more predictable.

Generally, Wal-Mart’s reputation of offering quality and low cost products and its presence in the global market helps keep the company strong. Wal-Mart’s strategic growth plan is aggressive and evident in the number of retail stores it operates domestically and internationally. The wide array of stores built to suit local economies enables them to attract a wide array of customers and keep their sales growing. In the financial year ending January 31, 2011 the company recorded total sales amounting