Wal Mart : The World 's Largest Most Dominant Retailer And Private Employer

990 Words Sep 16th, 2015 4 Pages
Wal-Mart — the world’s largest most dominant retailer and private employer. Established a highly profitable business centered on a low-cost strategy and utilizes logistical efficiencies to create a competitive advantage. This is a general merchandise discount retailer that was incorporated in 1962 but yet, only established in Canada in 1994.
Selling in 15 countries, Wal-Mart has more than 395 stores just in Canada thus employing in over 8000 stores and a job specialization is met for each of these occupations. Provide the employee with a sense of enrichment and pride towards their accomplishments.
Furthermore, the outcome of increasing the number of tasks in a particular job and by giving the employees the authority and control to take meaningful decisions about their work has demonstrated a 100% positive feedback. Because they implement the job rotation system, it has since permitted the employees to better or increase their skill levels, which in return has granted management with better skilled versatile personnel. M. Sam Walton had an innovative vision ¬— one that coxswained his company to the number one leading spot for the best discounted retailer that it is today as well as, giving the opportunity to ordinary people the chance to buy the same things as rich people. His mission was to become a $125 billion company by the year 2000 was well established when the company hit $219.8 billion in 2000.and this, only from the U.S.A – the magical number for Canada was…
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