Week 1 Think about your personality and work habits. What type of person (in terms of personality and work habits) do you think you’d work well with and what type of person do you think you’d be in constant conflict with? Answer: Personally‚ I am an outgoing person‚ I am known for being blunt and direct among my friends. When I am working‚ I become a well-organized people‚ and I always have a written list of things to do and a schedule for doing them‚ I can both work individually and in a
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WAL-MART DEVELOPMENT RECOMMENDATIONS 1. Generic strategy 2. International strategy 3. Relevance of cooperation strategy 4. Marketing process 5. Marketing Mix I. ANALYSIS FRAMEWORK 1. Strategic Business Units identification. Before studying deeply about competitive position and market potential as well as strategic recommendations of Wal Mart‚ we want to expose our understanding of the very important part of company in which is called Strategic business units (SBU). Wikipedia‚ the biggest encyclopedia
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a. Introduction of Company. b. Objective of Walmart. c. History of Establishment. d. Mission and Vision. e. Service Provided f. Internal Organization Environment * Target Market * Market Segmentation – Demographic * Potential Market Area * Store Format * SWOT Analysis g. Recommendation. h. Conclusion. i. Bibliography. j. Appendices 1.0 Introduction of Company Walmart is the largest retail store in the US. It has over 3
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service provided by the Wal-Mart where in the customers can drop their photographs for developing. Once the photographs are developed‚ Wal-Mart provides an option to send them to their home or pick up at store. Prints are developed in the lab in one hour. Financial Services: Financial Services provided by Wal-Mart include debit cards‚ credit cards‚ check cashing‚ money transfers‚ bill payment and check printing. The annual fee is waived for customers with credit cards. Debit or credit cards can
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What is a customer service culture? If you look at companies lauded for their superior customer service‚ you almost always find that those companies create a culture that supports excellence in customer service. It ’s not that they simply train their employees in customer service skills. What they do is ensure that customer service is interwoven into everything the company does. Customer service excellence simply becomes the way things are done around here. In fact‚ the way things are done around
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Case Study:Wal-Mart and Bharti Transforming Retail in India Executive Summary This paper is an analysis and evaluation of Wal-Mart and the future venture into the retailsector of India. The challenges that Wal-Mart needs to resolve to become successful range fromthe cultural differences to problems with supply chain management in India. The analysis belowidentifies the challenges of many factors dealing with the Wal-Mart‚ Bharti and the Indian retailsector. These factors for Wal-Mart would deal
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organizational culture‚ we will use Wal-Mart to illustrate our points. How Do You Discover an Organization’s Culture? It’s your first day on the job and you have just walked through the door of your new company. How do you figure out what its culture is? What Do You Need to Know? Think of a company’s culture as
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Walton in 1962 and was based in Bentonville‚ Arkansas. Wal-Mart in the successive years has grown to be the world’s largest retailer and has more than 4000 stores worldwide. Wal-Mart employs 1.7 million workers worldwide and boasts of 138 million customers every week. Rachael Martin was an investment advisor and was tasked to valuate the Wal-Mart stock with the help of three widely accepted models i.e. dividend discount model‚ the capital asset pricing model and the price / earnings multiples. Question
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Evaluating CSR of Walmart Walmart founded by Sam Walton in 1962 is a multinational retail corporation‚ with the opening of the first Walmart discount store in Rogers‚ Arkansas (US). As the nation’s largest retailer and second largest corporation‚ Walmart has the significant influences on the retail world. It offers to its customers a one-stop shopping experience because it has a full offering of groceries and general merchandise in a single store. Now Walmart consists of over 110‚000 stores and
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Although when they entered the Chinese market their sales soared. Making it easy to grow and open hundreds of stores throughout the country. I believe Wal-Mart could succeed in another country they would first have to study their culture and shopping habits. Then they would have to alter there merchandising strategy to flow with the culture. 2. Why do you think Wal-Mart was successful in Mexico? I think that Wal-Mart was successful in Mexico because they hired local managers. Wal-Mart Corporation
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