Walt Mart Vision

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DATE OF SUBMISSION : 13TH MARCH 2013

DATE OF SUBMISSION : 13TH MARCH 2013

SUMBITTED TO : INOKA GUNARATHNE

SUMBITTED TO : INOKA GUNARATHNE

NAME : KIRUTHIKA VIGNESWARAN
BATCH NO.45
ICBT CITY CAMPUS

NAME : KIRUTHIKA VIGNESWARAN
BATCH NO.45
ICBT CITY CAMPUS

BUSINESS STRATEGY
BUSINESS STRATEGY
BTEC EDEXCEL HND DIPLOMA IN BUSINESS (MANAGEMENT & HUMAN RESOURCES) OFFERED BY INTERNATIONAL COLLEGE OF BUSINESS AND TEACHNOLOGY

BTEC EDEXCEL HND DIPLOMA IN BUSINESS (MANAGEMENT & HUMAN RESOURCES) OFFERED BY INTERNATIONAL COLLEGE OF BUSINESS AND TEACHNOLOGY

Introduction
The location of the first Wal-Mart in the Fortune Global 500 for the year of 2.001 to 02 turnover of 219.81 billion dollars (see Table I). Wal-Mart is the largest company in the retail in the world. The company was much larger than its competitors in the United States - Sears Roebuck, Kmart, JC Penney and Nordstrom combined. In 2002, Wal-Mart operates more than 3,500 discount stores, Supercenters and Sam's Clubs in United States and over 1,170 stores in major countries around the world. The company also sells products online via the website, www.walmart.com. Wal-Mart is one of the largest private employers in the world, with the use of force about 1.28 million. The founder, Sam Walton (Walton) has always focused on improving sales continue to reduce costs, adopting efficient distribution and management systems and logistics innovative information (IT). According to analysts, Wal-Mart has been able to achieve a leading position in the distribution, following effective management of the supply chain practices. Captain Vernon L. Beatty, Deputy Commander, Defense Supply Center, Columbus, Ohio, said: "The management of the supply chain are the inputs move right to the right customer at the right time more effectively. Nobody does it better than Wal-Mart. '

TASK 01
* Strategic terminology in relation to Wal-Mart is highlighting the Mission, vision, objectives, goals, and core competencies of the business

Mission statement:

“We Save People Money So They Can Live Better”
Walmart Everything must end this mission. As with any mission statement Walmart is the main target for all Walmart employees, which includes a large number of people. This is why the mission statement is so short but concise. In the case of Wal-Mart, "We save people money so they can live better" is also a way to express their devotion Walmart customers and make them feel supported.

Vision statement :

“To make from Wal-Mart’s brand the world’s leader in low price retailing altogether in helping the community”. Wal-Mart currently has around the world, and its main vision is to promote the global expansion of operations and the "promotion of cultural appropriation ethical" for all stakeholders around the world .The idea of ​​Wal-Mart vision of the ethical culture is key globalization. Wal-Mart has a good reputation in the world and the competitive advantage, and was able to experience the culture and diversity of its activities to embrace between countries. In promoting a culture of ethics, Wal-Mart provides its customers and stakeholders to make the right decisions and do the right thing.

Objectives :

* Expand multi-channel initiatives
* Growth in United States
* Improve returns

Goals :

* Drive chance through high standards and factory and factory audits * Partner with suppliers to identify and implement for improving factory operations and conditions * Provide women working in supplier factories with life health, communication, technical, and leadership skills to increase their economic and social opportunities * Proactively advocate for policies and practices that promote dignity and respect for all workers in Waltmart’s supply chain Core competencies

The capabilities of the Wal-Mart organization have to its exclusive strategies control program that has range it the aggressive advantage over its...
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