Walmart External Factors
Abstract This memorandum is to introduce Wal-Mart Stores, Inc. that set out the topic of this company and get it approved. The topic of Wal-Mart is focusing on three external factors, which are history of company, lawsuits against the company, and foreign currency conversion. These factors from both the positive and negative aspects reflect the present situation of the company.
Introduction
Authorization
Purpose, Scope and Report Organization
The purpose of this report is to research some main external factors that affect the biggest worldwide retailer-----Wal-Mart during the last four years. By exploring three selected elements: company’s history, sexual discrimination against female employees, and the foreign exchange rate, especially the US dollar against Chinese Yuan, we can see how these outside factors out of the company control influent the company and how the company dealing them.
Methodology
Two methodologies are important when we do our research and write the repot. One is searching information and another is discussing. After we formulated our topic, we begin our second step, searching information. We researched every detail relative to individual factor through books, magazines, newspapers and the Internet. We read and compared others’ opinions and analysis the data what we can find. Then, we discussed and exchanged what we thought to each other in order we can make a better report.
Company History
Wal-Mart Stores, Inc., branded as Wal-Mart since 2008 and Wal-Mart before then, is an American multinational retailer corporation. The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972. It is headquartered in Bentonville, Arkansas. Wal-Mart is also the largest grocery retailer in the United States ranked in Forbes Global 2000. Wal-Mart has 8,500 stores in 15 countries, under 55 different names. The company operates under its own name in the United States,
Introduction
Authorization
Purpose, Scope and Report Organization
The purpose of this report is to research some main external factors that affect the biggest worldwide retailer-----Wal-Mart during the last four years. By exploring three selected elements: company’s history, sexual discrimination against female employees, and the foreign exchange rate, especially the US dollar against Chinese Yuan, we can see how these outside factors out of the company control influent the company and how the company dealing them.
Methodology
Two methodologies are important when we do our research and write the repot. One is searching information and another is discussing. After we formulated our topic, we begin our second step, searching information. We researched every detail relative to individual factor through books, magazines, newspapers and the Internet. We read and compared others’ opinions and analysis the data what we can find. Then, we discussed and exchanged what we thought to each other in order we can make a better report.
Company History
Wal-Mart Stores, Inc., branded as Wal-Mart since 2008 and Wal-Mart before then, is an American multinational retailer corporation. The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972. It is headquartered in Bentonville, Arkansas. Wal-Mart is also the largest grocery retailer in the United States ranked in Forbes Global 2000. Wal-Mart has 8,500 stores in 15 countries, under 55 different names. The company operates under its own name in the United States,