4.4.1. Cultural distance Walmart did not have any impact on the religious sentiments of India compared to the food service corporations Like McDonalds. For example‚ before setting up the first restaurant in India McDonald’sspent eight years in studying Indian culture and adaptation strategies. There are several religious beliefs in India: Hinduism‚ Islam‚ Christianity‚ Sikhism‚ Buddhism‚ Jainism‚ and other religions. Walmart took religious diversity into account when entering the Indian market
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accounting standards in use through out the world in the next five years? The SEC (Securities and Exchange Commission) which oversees the accounting practices of publicly traded corporations. Is currently implementing plans for the convergence of GAAP into the IFRS as the standard for the U.S. and the world. Currently 110 developed‚ mid level‚ and developing countries use the IFRS as their accounting standard. The SEC has stated that they would like to converge to the IFRS by the end of 2014 but
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Everything and anything counted! So what supermarket did everyone rely on to save money? Walmart! Walmart is the world’s largest retailer and corporation employing 2.1 million people and approximately 1 percent of the United States (Smart Planet)‚ and usually is the place one would go to get the best deals‚ but is it really good for one’s local economy? There has been much controversy over the how Walmart affects not just the global economy but the local economy. One might believe that it’s good
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Whenever we think of Wal-Mart‚ what do we picture it as? Do we picture it as a community store where people love to shop at‚ or do we think of it as a store that has some crazy aspects to it? Whenever I think of Wal-Mart‚ I consider it as a store where lots of people love to shop at‚ and where sometimes‚ every once in a while‚ you look to see some crazy person. Wal-Mart has some causes for why it is here in our community‚ but there are some negative effects on the economy. Some causes and effects
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Walmart: Risk Factors and Financial Impact With all new product introductions‚ there are inherent risks to the organization. The largest risks to Walmart in their online grocery service line involve customer information protection/security‚ technology and financial viability. As customers enter their sensitive information online (demographic information and payment/account information)‚ Walmart becomes responsible for keeping this information secure and protected from online hackers. Customer’s
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Dell and the SEC Kent H. Shanks Argosy University-Hawaii Dr. Gholam Khaleghi August 14‚ 2013 Abstract This research paper describes the crisis scenario of Dell‚ Inc. as the company faced securities fraud allegations and the leadership style which was present during this crisis period. The leadership styles are analyzed and evaluated to determine how decision-making was impacted by the diverse styles used by the firm. The research presents an alternate style which would be effective during
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product/service‚ customer‚ channel‚ competitive advantage)‚ operational driver‚ (cost‚ revenue‚ growth)‚ people and organizational driver (structure‚ skill‚ capability)‚ SWOP analysis and GAP analysis Product/market development Strategic development Vision: SEC aims to act as an agency that was high functioning‚ agile and intelligent‚ and committed to investor protection and market integrity‚ which is really critical to the success of economy. Mission: Restoring SEC’s vigour and credibility within the financial
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file forms with the U.S. Securities and Exchange Commission (the "SEC"). Everyone can go to search Edgar for company filling on www.sec.gov. All public domestic companies were required to submit their filings via EDGAR‚ except for hardcopy paper filings‚ which were allowed under a hardship exemption. Third-party filings with respect to these companies‚ such as tender offers and Schedule 13D filings are also filed via EDGAR. SEC also required all foreign companies and foreign governments to file
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SEC Classification The SEC Classification the classification of Indian consumers on the basis of parameters. Traditionally the two parameters used to categorize consumers were: Occupation and Education of the chief wage earner (Head) of the households.The SEC classification‚created in 1988‚ was ratified by Market Research Society of India (MRSI)‚ is used by most media researchers and brand managers to understand the Indian consuming class.Originally developed by IMRB International as a way of understanding
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1. Walmart’s overall approach in achieving sustainable growth: Walmart was renowned throughout the world for its pioneering supply chain practices and it’s insatiable thirst for investing in resources that would help it further cut on its costs and thereby add to its competitive advantage. However‚ sustainable growth as a means of leveraging profitability was not on the company agenda till 2004. Prior to that Walmart had always maintained a defensive position regarding environmental issues. However
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