Global Business Community of Wal -Mart

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Global Business Community of Wal -Mart

 

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Global Business Community of Wal -Mart

Wal-mart strategies and master plans are famous in the economy of retail strategy i.e. consistently reduced prices and high level of customer service. The company is currently the largest retailer in America and it has it branches in all the fifty states.  Many commentators have been surprised by the way Wal-mart is growing very fast. The company has had number of effects that illuminates a large gap in our understanding of growth of many organizations.(Bianco, 2004)

Society has enabled the company to expand its investment and hence experiencing rapid growth. The company benefits society in that it sells its products at low priced due to the fact their little costs in production because of efficient and effective systems and master plans it adopted. Society has considered this company the best and research shows that consumers save $50 billion per year in food prices alone. This factor has made the company to make large volume of sales.  The society has also forced local business to reduce the prices of their products due to competition from Wal-Mart. The company adopted the idea of stakeholders’ engagement through engagements, group efforts and outreach initiatives. (Lori, 2005)

The culture that the company ruins is the customer. Employees in the company are equipped with full knowledge concerning their payment and benefits package. Most members of the society do prefer working in the company hence it has huge force of labor than other companies. This enhances efficient production which enables the company to gain competitive advantage. It has been source of employment to many people in the fifty states of America. This has enabled the company to expand rapidly (Bianco & Antho.............


Type: Essay || Words: 733 Rating || Excellent

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Global Business Community of Wal -Mart

Essay > Words: 733 > Rating: Excellent > Buy full access at $1

Global Business Community of Wal -Mart

 

Insert Name:

 

 

 

 

 

 

 

 

 

 

 

 

Institution:

 

Tutor:

 

Date:

Global Business Community of Wal -Mart

Wal-mart strategies and master plans are famous in the economy of retail strategy i.e. consistently reduced prices and high level of customer service. The company is currently the largest retailer in America and it has it branches in all the fifty states.  Many commentators have been surprised by the way Wal-mart is growing very fast. The company has had number of effects that illuminates a large gap in our understanding of growth of many organizations.(Bianco, 2004)

Society has enabled the company to expand its investment and hence experiencing rapid growth. The company benefits society in that it sells its products at low priced due to the fact their little costs in production because of efficient and effective systems and master plans it adopted. Society has considered this company the best and research shows that consumers save $50 billion per year in food prices alone. This factor has made the company to make large volume of sales.  The society has also forced local business to reduce the prices of their products due to competition from Wal-Mart. The company adopted the idea of stakeholders’ engagement through engagements, group efforts and outreach initiatives. (Lori, 2005)

The culture that the company ruins is the customer. Employees in the company are equipped with full knowledge concerning their payment and benefits package. Most members of the society do prefer working in the company hence it has huge force of labor than other companies. This enhances efficient production which enables the company to gain competitive advantage. It has been source of employment to many people in the fifty states of America. This has enabled the company to expand rapidly (Bianco & Antho.............


Type: Essay || Words: 733 Rating || Excellent

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Buy access at $1
CategoriesUncategorized