Wal Mart 's Corporate Administration

The political frame focuses on the pursuit and use of power in an organization. The type of organization does not matter, as any organization can have internal and external politics affecting it. Everything from a government organization to a small sole proprietorship business run from home can be subject to the workings of the political frame. In fact, politics are present whenever any person has to interact with another person, either face to face or remotely. Retail organizations are susceptible to this, as well, and the larger the organization, the more politics come into play. Wal-Mart, being a large organization, is no exception. This paper discusses the organizational structure of Wal-Mart in the political frame.

Let us first explore the functions that Walmart serves for society. First and most obvious, Walmart provides millions of people with the goods and services they require to carry on their day to day lives. When most people think of Walmart they think of a simple grocery story, but Walmart is so much more than that. At many Walmart stores, there are bank branches, small doctors’ offices, hairdressers, pharmacies, and various other business. Walmart brings together all these services and gives them a home all under one roof. Perhaps a broader view of Walmart’s function for society the amount of jobs the company creates. Everyone indirectly needs money to survive, everyone works to earn money, and Walmart provides jobs to 1.3 million people in the United States alone. ("Walmart Locations Around the World - United States.") With a nearly 478 billion dollar revenue in 2013, one could say that Walmart Corporation is a major driving force in

Wal-Mart started as a single store in 1962 and since then has expanded to over 3,600 stores in the United States and operates in 15 international markets. This paper will discuss the role of ethics and compliance in the Wal-Mart organization as it relates to the financial environment. We will describe the procedures in place to ensure ethical behavior and identify the processes used to comply with SEC regulations. Using the annual report information for Wal-Mart we will evaluate the financial performance over the past two years and calculate financial ratios. Based on those financial ratios, we will discuss the trends evidenced and the organization’s financial health.

Walmart is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores. Wal-Mart controls over 11,500 stores in 28 countries around the world. It was founded in 1962 by Sam Walton. Walmart’s CEO is Doug McMillon and the Chairperson of Board of Directors is Greg Penner. Walmart as we know it today evolved from Sam Walton’s goals for great value and great customer service. He

Wal-Mart is a large retail corporation and ethics plays a huge role internally and externally with the four functions of management. When planning, the retailer must consider the employees, the store, and its customers. Planning is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals (Bateman & Snell, 2011, p. 15). Once the planning is in place, then management can begin organizing who will do what task to ethically reach the store’s goals. Ethics can affect organizing if the team does not have a strong ethical leader. Ethical leading is important to maintain a good workplace as well as a good place for customers to shop. Controlling is affected by ethics internally because the manager can oversee the job the employees are doing and be sure that they are working in an ethical manner. While

Walmart is one of the largest corporation in the world. It is widely known for its products that are sold at low prices. There are about 6,300 Walmart stores which millions of people have been given the opportunity to work in. Consumers are Walmart’s number one priority and they will never fail to assist the customers in any way they can. There are many consumers in today’s market who will only go to Walmart to buy groceries and other necessities they might need for their daily lives. Although Walmart provide for their consumers’, research has found that they need to improve in providing for their employees which will allow them to be a better company for their community. This paper will first address the history of Walmart stores in regards to the impact of the stores on society and the economy, and then from this provide ways in which the Walmart company can better itself for the betterment of the society.

Ethics are the standards and qualities an individual uses to administer their exercises and choices. Within an company, a code of ethics is a set of rules and guidelines that steers the company in its agendas, choices, and methods for the company. Many companies make ethics their main priority by hiring leaders for the department to sit on the board of the company. Wal-Mart has been a company whom displayed ethics at a top level for many years. When it comes to ethics, Jay Jorgensen has been the result of Wal-Mart actions.

Business Ethics can be extremely complex and many people wonder if the situation is legal or ethical? Businesses create their ethical standards for their employees to follow to create good standards for their business and community. This paper will discuss the Wal-Mart Stores, Inc. and the unethical issues they have faced with their employees, consumers and the products they sell. Is Walmart following ethical standards while maintaining low prices for their consumers? “Ethics is a branch of philosophy dealing with the values that relate to the nature of human conduct and the values associated with the conduct.

One of the largest retailer in the United States is known to many of us as Wal-Mart; boasting over 3,500 domestic stores in the United States, with continued growth in their numbers…and about 1,300 locations in Canada, Mexico, the UK (only Western), Germany, Asia and South America (Mergent). Many of these stores include Supercenters, Sam’s Clubs, and smaller Neighborhood Market centers. Wal-Mart primary focus is on based on six strategic merchandise units: grocery, entertainment, hardlines, health and wellness, apparel, and items for the home (Mergent). Since the begininning of the company in 1962, Wal-Mart has skillful continued growth and prosperity. Its long standing history of profitability and prominence thoughout North America, are key indicators of its future success.

‘Wally world’ also known as Walmart, is a corporate retail store that has made a major impact in people lives in the United States and even around the world. Wal-Mart is a great place to shop for variety of products in short time or just to go ‘window shopping’ with a group of friends. The items are well organized throughout the store where you can see signs of the departments within the store. Another advantage of Walmart is its low price. Wal-Mart supports slogans like “We sell for less” and “Always on low price”. As a large retail company, they have prices that are lower than local stores in your neighborhood and they are certain that one could save money by shopping at Walmart. Yet, Walmart has the tendency to be crowded, especially on the weekends that can make a shopping trip longer than it needs to be. Even with the large parking lot, it seems like full every time I visited Wal-Mart. However, when I do find a spot to park my car, a camera on a light post is already watching me before I even walk in the store.

Walmart is considered as the biggest retailer in United State and opening widely to over the world recently. The priority condition for its success firstly is come from the outstanding players of the corporate governance such as Board of directors and Activist Shareholders. These all creative and responsible leaders are required to possess ability for risk-taking willingness and control in order to govern company. In addition, the activist shareholders actively raise their voice in the policies and strategies’ approval. All in all, the excellent corporate governance they made ensures an accountable and integrity system operated.

Wal-Mart seems to address the fact that there should be a code of ethics. The application of corporate ethical behavior needs to be dealt with on a personal and professional level. The key for Wal-Mart is to help their associates indentify if their actions are right or wrong. They rely on a system of training and business practices started by its founder, Sam Walton (“The NEW Age of Walmart”).

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.

It’s no lie that Wal-Mart is that the top of its prime. Its enormous and rapid expansion has changed towns and cities alike. Wal-Mart is the largest retailer store in America, with more than 11,528 store operating worldwide (Wal-Mart 2016 Our Locations). Running since 1962, Wal-Mart had become the major retail store by 2001 “with $191 billion in sales” (Carroll and Buchholz 772), with high discount prices and operating four different divisions including Sam’s Clubs warehouse. Many see Wal-Mart as a good and honest company however to others this is not the case.

The company I am reviewing for this research paper is Walmart. Walmart is a global company that originated in the 1960’s by its founder Sam Walton. Mr. Walton opened his “first retail store in Rogers, Arkansas in 1962” (Walmart Corporate). The current “home office is located in Bentonville, Arkansas” (Walmart Corporate). In 1991 Walmart became a “global company when it opened a Sam’s Club in Mexico City, Mexico” (Walmart Corporate). As of this year “Walmart employs 2.2 million associates worldwide and serves more than 200 million customers each week at more than 11,000 stores in 27 countries” (Walmart Corporate).