ABSTRACT Kedai runcit or sundry shops have been a standard feature of our housing estate landscape ever since there were housing estates. These mom-and-pop operations have been selling to their surrounding residents everyday essentials such as groceries‚ fresh produce‚ poultry‚ toiletries‚ etc. Their reasonable price and close distance have made them popular among residents of the housing estates in which they are located. Lately‚ though‚ their popularity has been on the decline due to
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Walt-Mart Ethical Culture February 2015 Major: Business ABSTRACT Walt-Mart Ethical Culture & corporate profit maximization Todays as we live in a global economy‚ the common knowledge of ethical culture provides identifying characteristic and values for organizational members to recognize and become informed. Cultures can be distinguished by artifacts‚ values‚ and basic traditions. On the other hand profit maximization
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Is Walmart Good for America? Walmart is very bad for America in many different ways. America’s economy is already moving at a very slow rate and Walmart is not helping it. They are however helping China’s Economy. Walmart brings in 100 million Americans every week with their "every day low prices". Walmart depends on China to make most of their products because the manual labor there is cheaper. In an article written by Robert E. Scott he writes‚ "It has also repressed
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Recruiting and Selection Walmart is one of the elite businesses in its field‚ and one of its main reason for success is do to its recruitment and selection method. Recruiting and selection is vital to a company’s growth‚ because without selecting and recruiting the right workers with the right talent for the job and placing them in the right position‚ there is no way a company can earn the trust and loyalty of the consumers. Knowing this‚ Walmart developed a method for recruiting and
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I feel that Walmart has a positive and negative impact at the community‚ in the US and globally. Regrettably the only positive is that they do offer products at a discount price which helps low income people in that community. However‚ on the negative side‚ most of Walmart employees are defined as low income families. The documentary showed that “the average pay at Walmart is a little over $13‚000 a year. The Federal poverty threshold for a family of four is $17‚000.” Poverty is defined as “the
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In November of 1962 Mr. Sam Walton was opened Wal-Mart. It is largest retail store chain in America. Wal-Mart itself has a big brand and the market leader of Retail sector in US. Wal-Mart employs 1.6 million associates worldwide in more than 3‚700 stores in the US and more than 1‚500 throughout the rest of the world. Strategy of Wal-Mart is the low price. Wal-Mart outlets is spread throughout the world and doing well. Vision Statement:- “Our vision is to provide good quality and services to our
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Strengths As one of the leading retail companies in the United States‚ it is evident that Target possesses many strengths pertinent to the merchandising industry. These strengths are apparent in Target Corp.’s financial results. Target Corp. has honed in on providing customers with high-quality and innovative merchandise that keeps them coming back to see what the “next new thing” from Target will be. Another main component of Target’s strength is its low price for these high-quality and innovative
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Target is a very popular chain store across the United States. In almost every major city you visit‚ you can find at least one store‚ maybe even multiple across large suburban areas. The easily recognized red and white bullseye has become a national symbol of a high quality shopping experience with low‚ affordable prices. But how did Target come to be such an affluent business? Despite having humble beginnings in the midwest‚ Target has grown to be a well-known‚ successful chain that has many different
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Walmart’s growth throughout the year. It’s inventory and distribution system is considered to be world leaders. Walmart had invested over 600 million in information systems over one 5-year period. Some of Walmart’s information systems include a point-of-sale system‚ which allows Walmart to identify what it has sold‚ it’s inventory‚ analyzing sales‚ what items are selling slowly‚ etc. Walmart also uses telecommunications to better communicate with its sellers and as a result‚ they have less inventory
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headquarters • In 1983 POS(point of sale)- Facts: • Walmart has more employees- 2.1 million than 7 times the population of Iceland. • If Walmart’s more than 900 million square feet of retail space were spread out over one place it would take up roughly 34 miles — about 1.5 times the size of Manhattan. • Walmart parking lots alone take up roughly the size of Tampa‚ Florida. • In 2009‚ Walmart sold more bananas than any other item. • Each week‚ Walmart serves more than 200 million customers at more
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