Wal Mart : The Key Elements And Problems That Occurred Within The Business Sector

1574 Words Nov 1st, 2016 7 Pages
The key elements/problems that occurred within the Wal-Mart case studies consist of the following features: The companies’ lack of ability to construct a balance between the executive officials and those with a direct interest or stock in the company. These unbalances between these created issues within the business sector. “The obvious problems associated with the companies policies of poor management involve taking care of their employees, suppliers, the environment, and the economic dynamics of the community (Ferrell, O., Fraedrich, J., & Ferrell, L. (2011).” In the companies lack of management these strategic efforts did not pay off. Their approaches for success were tarnished due to the company’s unethical policies and procedures. For example, the right of the woman was a form of stiff discrimination, social activists rights were ignored as well. When accessing these methods one would have to examine the labor unions, belief’s that Wal-Mart would not comply to providing their consumers with lower prices. “This approach was an error on behalf the previous CEO Jim Weir (Ferrell, O., Fraedrich, J., & Ferrell, L. (2011)”. This plan was a wrong decision that would later become the start of the meltdown with the company. Some of the other issues surrounding these mishaps involved ensuring the product to different global regions around the world, which caused a chain reaction with the companies’ efforts of expansion. Therefore, these executive managers’ strategies for data…

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