Preview

Gb 560 Unit 1 Assignment

Powerful Essays
Open Document
Open Document
4576 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Gb 560 Unit 1 Assignment
Nia Scott
November 27, 2012
Unit 5 final assignment
Professor Jimmie Flores
Kaplan University

Q#1) Provide the name of the organization (this must be a real organization and you may use the organization where you currently work; describe the organization’s size and summarize the primary mission of the organization. Don’t simply copy from the organization’s mission statement.
“Always Low Prices” when an individual read or hear that slogan the name of the store is Wal Mart. Wal Mart is the number one retail store in the service industry in America. There are more than 1.5 million employees that work for Wal Mart. It is the largest private employer in America (Fishman). According to Charles Fishman there are approximately 140 million customers that visit Wal Mart a week. Within in the last year the store has employed more workers than Amazon and Google combined. In the United States there are 3,140 counties and there are more than 3,822 Wal-Marts, this mean there are 500 Wal Marts located within one county (Fishman, 2005). There are 1,500 Wal Mart chains within Mexico, Puerto Rico, Canada, Argentina, Brazil, China, South Korea, Germany and Britain. The mission statement for Wal Mart is to provide quality products at a lower price (Davies, 2005).
From your research of the organization, identify a single Business Process Change that the organization will need to contemplate and undertake in the coming year. These changes can result from new technologies, economic issues, or changes in the marketplace.
Some of the business process that could affect Wal Mart in the next few years is the improvement of technology. With new software that other retail chains are using for instance Walgreens have replaced their registers with computer screens that are connected to the cash drawer. This could benefit a mega store like Wal Mart because it would be easier on both employees and customers. Another change would be the economic hardship that the United States and other



References: Fishman, C., 2005, The Wal Mart Effect retrieved from www.npr.org Hopkins, J., 2003, Wal Mart influence grows USA Hudgins, C., eHow Contributor Differences between ISO 9000, 9001 & 9002 retrieved from http://www.ehow.com Kirk, A., eHow Contributor Sullivan, L., and Zaino, J., (2005), People 1st Talent Development is a Wal-Mart Hallmark, Woodhouse, M., 2011, Wal Mart Strategy, retrieved from www.boston.com

You May Also Find These Documents Helpful

  • Good Essays

    Mgt/521 Management

    • 916 Words
    • 4 Pages

    Wal-Mart is probably one of the most recognizable company’s in the world. As stated earlier there are over 600 Wal-Mart discount stores in the United States. Wal-Mart has over 3,000 supercenters in the United States. They have a combination of these two styles of stores in over 28 countries around the world. Stores that are located outside of the United States operate under a different banner, but still have the same goal as their sister stores in the United States: Save people money, so they can live better. (1) Not only is the name Wal-Mart very recognizable, but each store offers the community it is located in the possibility of having a lower unemployment rate. Each discount store employs around 225 employees, where as a supercenter employs around 350 employees. Not only does Wal-Mart employ numerous employees in the United States, but outside of the United States Wal-Mart has employed over 740,000 employees in over 5,000 stores. This puts Wal-Mart as a strong player in the global business world with representation in so many countries throughout the world.…

    • 916 Words
    • 4 Pages
    Good Essays
  • Best Essays

    Wal-Mart is now the largest grocer, largest retailer, largest corporation in the world. "If Wal-Mart was a nation, it would have a bigger economy than 80 percent of the world's countries"(Singer and Mason). About "138 million people go to one of Wal-Mart's 5,000 stores in the United States and nine other countries", and purchase more than $300 billion every year (Singer and Mason). With a 1.6 million global workforce, Wal-Mart has become the biggest private employer "in the United States, as well as in Mexico and Canada"(Singer and Mason). "Wal-Mart already has 11 percent of all U.S. Grocery store sales," and "by 2013 that figure is likely to rise to 21 percent"(Singer and Mason). As a big corporation, Wal-Mart insists on providing "everyday low prices". The affordable prices for families, which are offered by Wal-Mart, generates "significant savings for consumers on their grocery, apparel, and general merchandise spending, and the redirected spending from the savings" also creates a lot of jobs (LAEDC). All of the above facts shows that Wal-Mart is good for the economy and makes a great contribution to the society.…

    • 2340 Words
    • 10 Pages
    Best Essays
  • Satisfactory Essays

    Unions are very prevalent in the United States now so then it has been in the past year. Labor union s are most associated with Democratic Party and supports them during election. Labor union representatives are responsible for collectively bargaining over wages, benefit, working conditions, and represent employees when disputes arises with their management over violations. When unions are powerful, they boost the incomes of not only their members but also of nonunion workers in their sector or region. Unions have been around for a long time, since before World War I, but employers were not obligate to adhere to any laws are policies. Collective bargaining was allowed for railroad employees by the federal government acting under the power of the Commerce Clause. The great depression brought about the creation of the National Labor Relations Act (1935) which resulted from previous legislation called the National Industrial Recovery Act. Union membership grew during this time as America was changing from an agricultural society to an industrial society (Madison, 2014).…

    • 282 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Wal-Mart Fiscal Year 2011

    • 545 Words
    • 3 Pages

    During the fiscal year 2011-2012, Wal-Mart opened 612 new stores through organic growth. They continue to add stores worldwide. Given their current goal, they offer an everyday low price guarantee, which intrigues shoppers to dwell in their stores more often. Rarely is there a customer who walks out of Wal-Mart empty handed. They continue to keep their focus on customer satisfaction through their low pricing, which helps the shopper buy more frequently from their stores. During this hard economic time, their prices are one of their foundations for success. With their solid price match guarantee, they will beat any competitor ad or coupon in pricing. They make this simple and appealing to the consumer, even allowing such guarantees to be used on busy shopping days, such as black Friday.…

    • 545 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Wal Mart

    • 1969 Words
    • 6 Pages

    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 people in the society including the low-skilled people. It represents a trend of one stop shopping where we can get almost everything that we want.…

    • 1969 Words
    • 6 Pages
    Good Essays
  • Powerful Essays

    Gb500 Unit 4 Assignment

    • 2096 Words
    • 9 Pages

    Market Research is the action or activity of gathering information about consumers' needs and preferences. Market Researcher is principally responsible for interpreting data, formulating reports and making recommendations based upon the research findings. To accomplish this task, the Market Researcher works with the client (either internal or external) to understand, define and document the overarching business object. The Market Researcher applies qualitative and quantitative techniques to interpret the data and produce substantiated recommendations. Market Researcher frequently present the findings and recommendations to the client (Bont & Hamersveld, 2007).…

    • 2096 Words
    • 9 Pages
    Powerful Essays
  • Good Essays

    Ever since its existence, much controversy and debate have surrounded the benefits and downfalls of the Wal Mart corporation within society. The purpose of this précis is to summarize the article “Wal-Mart and Country-Wide Poverty” by Stephen J. Gotez and Hema Swaminathan. “Wal Mart” is the most successful “Big box” retailer in the world with 4750 stores worldwide and 3,600 in the United States. Much of its success arises from the fact that it offers lower prices to consumers. At face value this is a good thing because it makes consumer goods more easy to purchase, therefore encouraging people to spend money and stimulate the economy. This has been proven to reduce annual inflation rates, lower the absolute…

    • 447 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Wal-Mart is arguably the most dynamic corporation in the last 50 years in the United States, if not the world. Arising from its beginnings in Bentonville, Arkansas, it has grown to over 4,400 discount stores, super centers and corner markets worldwide. Wal-Mart continues to expand despite public criticism of its labor practices as well as complaints about their treatment of competitors. The many strengths of Wal-Mart, like their low cost production and marketing practices, will aid Wal-Mart as it continues to grow in the retail industry. Ending their labor problems will strengthen their largest weakness further allowing growth. This author will analyze the management and leadership styles of Wal-Mart, in addition to the organizational culture, has made Wal-Mart the global powerhouse they are today.…

    • 1488 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Consumers are all attracted to Wal-Mart because they are now capable of shopping for all their needs in one place rather then having to go to several different locations. They will spend the extra time driving to its locations in thought that in the end they will be saving much more money. So the question arises why be against such a store when the people of America are getting their time and moneys worth? All the Wal-Mart stores are strategically placed into little towns where everybody else was ignoring them. Turns out that these small towns acquire more business then anyone could think of. This forces all the small family businesses to either lower their prices to points where no profit will be made or to just simply go out of business. Certain stores will have their strong and loyal customers and won't see any of these side affects, however for the most part they find no reason to compete with such a large competitor. Many towns and small communities become very…

    • 644 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    In today's world management must consider a wide variety of factors in order to establish an effective management plan. Wal-Mart Stores, Inc. is the world's largest company and number one retailer, with this success a company this large needs to not only to look internally for solutions to their management objectives, they must also look outside of their business for additional resources. With the increase of technology and the easy access to virtually any information, Wal-Mart Stores, Inc. must be prepared to react to the multitude of demands made by consumers and suppliers. The rapid change of the retail industry from brick and mortar stores to Internet purchases Wal-Mart Stores, Inc. has been able to stay attractive to the buying public. Wal-Mart Stores, Inc. has accomplished this through a highly sophisticated inventory tracking system that enables the stores, including the Internet, to have in stock exactly what the consumers are looking for. According to Hoover's Online Wal-Mart Stores, Inc has expanded to about 4,700 stores including about 1,500 discount stores, 1,650 combination discount and grocery stores (Wal-Mart Supercenters in the US and ASDA in the UK) and 532 membership-only warehouse stores (Sam's Club) (2003). With the introduction of a foreign market their management plan must encompass the rules and regulations of doing business in a foreign country. With the invention of their tracking and identification system, called Radio Frequency Identification (RFID), Wal-Mart Stores, Inc. has exerted control over their entire inventory and enables the workers to identify and locate merchandise more readily for the customers. E-Commerce has increased the ease of purchasing for consumers; Wal-Mart Stores, Inc. has a web site that allows for the ease and convenience of purchasing almost every item in the store over the Internet. Wal-Mart Stores, Inc. has been very innovative in…

    • 1877 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Walmart Research Paper

    • 504 Words
    • 3 Pages

    The United States is a home to many influential multinational corporations, and the largest of them is Wal-Mart Stores Inc. Wal-Mart is an American public multinational corporation which owns chains of large discount department stores and warehouse stores. The Company was founded by Sam Walton in 1962, and today, it has over 8,500 stores in 15 countries. The company is so successful that it was the world’s largest public corporation in 2010 by revenue. Wal-Mart’s success can be accounted by its low price that distinguishes the company from other retailers. Although the low price makes the consumers happy, it has hurt other businesses greatly.…

    • 504 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Walmart Case:

    • 5447 Words
    • 22 Pages

    “Save money. Live better.” This is the promise that the world biggest retailer “Walmart gives to customers since they started business back in early 1940. Low price has always been Walmart strategy. Since their early days, they claimed “We Sell for Less” as their tagline. Later on, “Always Low Prices. Always” displayed alongside with Walmart logo. The biggest challenge for them is to keep the price down with good product quality. Why does Walmart important for American economy and beyond? According to the figures from Charles Fishman’s book The Walmart Effect, more than half of all Americans live within 5 miles of a Walmart. Every week, more than 100 million Americans shop at Walmart (1).…

    • 5447 Words
    • 22 Pages
    Good Essays
  • Powerful Essays

    Wal-Mart is the “world’s largest retailer with $374.526 billion in sales for the fiscal year ending January 31, 2008.” (www.walmartstores.com) According to the company website they have more than 7000 locations with operations in Argentina, Brazil, Canada, China, Costa Rica, El Salvador, Guatemala, Honduras, Japan, Mexico, Nicaragua, Puerto Rico, and the United Kingdom. (www.walmartstores.com) Wal-Mart Stores employs more than two million associates worldwide; this includes more than 1.4 million in the United States alone according to the company’s…

    • 3834 Words
    • 16 Pages
    Powerful Essays
  • Satisfactory Essays

    State the primary reasons for the organization’s existence from an analysis of the mission, vision, values, and goals.…

    • 362 Words
    • 2 Pages
    Satisfactory Essays
  • Satisfactory Essays

    Week5BUS475

    • 266 Words
    • 2 Pages

    Explain the ethical issues faced by the organization, summarize the legal and regulatory issues faced by the organization, and then summarize the organization's corporate social responsibility.…

    • 266 Words
    • 2 Pages
    Satisfactory Essays