Case Study Walmart Stores, Inc. - 1084 Words

Bustillo (2010) gives a background on how Walmart commenced operations in 1962 as a local discount store in Rogers, Arkansas. Furthermore, how Sam Walton originated Walmart, by effectively maintaining a retail store known as Walton’s Five and Dime. This retail store was an extension of a franchise store known as Ben Franklin. At this juncture of five years, Walton built stores throughout Arkansas with an annual report sale well over $12 million. Walmart began to wander in and out of the states of Missouri and Oklahoma in 1968. Walmart turn out to be in October 1969 incorporated as Walmart Stores, Inc. Bustillo (2010) further explains that in the following year, the retailer comprised of 38 stores with 1,500 employees and with sales totaling above $44 million. The year after that, Walmart came to be a public trading company by the means of a stock split of $47 per share. The next few years, sales totaled over $340 million and continue to grow rapidly. When the 1980s came around, the store celebrated its 25th anniversary, to prominence its sales of approximately $16 billion and employing 200,000 associates. Millions of dollars were invested for new technology of a satellite network. It is estimated about $24 million for its corporate office located in Bentonville, Arkansas to track its inventory. Located in Washington, Missouri, Walmart established its first superstore, providing a competitive advantage. Walmart Inc. expanded its operations overseas in the lateShow MoreRelatedCase Study : Walmart Stores, Inc.1052 Words   |  5 PagesIII. Situation Analysis Wal-Mart Stores, Inc. is the largest retailer in the world with a bullseye on its back from competitors taking aim in all different directions from supermarkets cutting prices to match Wal-Mart’s price, to Costco leading the warehouse market and online retailer beating out Wal-Mart.com. In addition, 2008 brings an economic slowdown and a reduction of feet through the doors of Wal-Mart Stores. Added to this, Wal-Mart has received negative publicity relating to employee compensationRead MoreWal Mart Stores Inc.1621 Words   |  7 Pagesdiscount store and the idea of selling more for less, Wal-Mart Stores Inc. has grown into the largest retailer in the world and employs just over 2.2 million associates worldwide. Wal-Mart Stores Inc. is the largest private employer in the United States with just over 1.4 million individuals employed domestically. Millions of customers visit more than 11,500 stores in over 28 countries, as well as e-commerce sites in 11 countries each week. After 50 years in business, Wal-Mart Stores Inc. continuesRead MoreWalmart Case Study950 Words   |  4 PagesWalmart Case Study Case study Questions and Answers: 1- Examine the development of Wal-Mart over its 40 year history. It is now nearly half a century since Walmart exists. From humble beginnings in the 1960s in Arkansas to the world’s leading retailer, Walmart has come a long way to its success. Starting domestically in Arkansas, it was dedicated to its principals; genuine customer courtesy, a culture of respect for the individual and everyday low prices. In the 1960s, Sam Walton, the founderRead MoreBusiness Model Evaluation : Wal Mart s Global Logistics Empire Essay704 Words   |  3 PagesBusiness Model Evaluation: Quantifying Walmart s Sources of Advantage. Strategic Entrepreneurship Journal, 9(1), pp.12-33 Casadesus-Masanell R, Ricart JE, 2010, From strategy to business model and onto tactics, Long Range Planning 43(2): 195–215. Casadesus-Masanell R, Zhu F, 2010, Strategies to fight ad-sponsored rivals, Management Science 56(9): 1484–1499. Chan, A, (2011), Walmart in China, Ithaca: ILR Press. Chuang, M., Donegan, J., Ganon, M. and Wei, K, 2011, Walmart and Carrefour experiences in China:Read MoreThe Organizations Stand, Diversity Audit1257 Words   |  6 Pagesorganization’s stand, diversity audit is vital and the separation that is needed to cover its objectives area. Notwithstanding this, implementation and planning diversity audit is a crucial procedure and there are some key focuses that Sam s West, Inc. (working together as Sam s Club) ought to consider with a specific end goal to direct differing qualities review in a compelling way (Oberoi, 2014). These are portrayed as beneath: The audit must cover every one of the gatherings of workers and HRRead MoreThe Friend or Foe Debate over Walmart1206 Words   |  5 Pages II. Walmart is good A. Walmart can be good. Opening stores where there’s nothing can help a town. An example is Oakland; this town was on its edge of becoming a ghost town, until Walmart came to town. â€Å"I think this is a benefit because there was nothing out here,† (Mike Breuner, of Oakland.) Robert Turner, from Oakland agreed. â€Å"I think this is just great, out here, where people are struggling to find work, a job at walmart is better than no job atRead MoreCSR Issues in Walmart1194 Words   |  5 PagesCSR ISSUES IN WALMART Ethical sourcing Walmart claims that its mission is centered on helping people live better which not only applies to customers and associates, but also to the workers who make their products. Furthermore, all the products that Walmart offers to its customers are supposedly verified whether they are produced with dignity and respect for workers. In order to be accepted as Walmart’s supplier there are standards and obligations expected from suppliers. Following sectionRead MoreAn Understanding Of Corporate Social Responsibility1343 Words   |  6 Pagescorporation (MNC) like Walmart. This report is based on the case study ‘Walmart: Love, Earth ®Ã¢â‚¬â„¢ which identifies key points which are the criticism faced by the multinational corporation (MNC), business practices that are/were unethical and which ethical theories did/ do they violate and why do MNCs like Walmart address their social and environmental impacts. The case study is very important as it outlines the way the MNC works a nd the different types of violations breached by Walmart like poor treatmentRead MoreAnalysis Of Sams West Inc.1476 Words   |  6 PagesDescription of Diversity Initiatives In 1983, Sam’s West, Inc. was founded, it is membership-only retail  warehouse clubs is an American chain operated and owned by  Walmart. It is named after Walmart founder  Sam Walton. The 47 million Puerto Rican and U.S members are served by Sam s Club chain, as of 2012 (Sam’s Club, 2016). Being 8th major U.S. retailer, Sam s Club holds 2nd rank, as of 31st Jan 2008, behind Costco; it deals in volume among distribution centre clubs with 57 billion in dealsRead MoreAaa Office World Case1665 Words   |  7 Pagesevery possible strategy available, risks and benefits also come into play; without discarding any of them beforehand, every option is a strong candidate until a final decision is made. In this case study we will analyze the current business strategy pertaining to AAA and the offer from Business Center Inc. Background In order to define what AAA should do in this kind of a situation we must first look at the background of the company. The company has been in business for 28 years and their sales

Group Discussion On Group Counseling - 855 Words

Group Facilitator Reflection So far, I have cooperated with one of my cohort to facilitate the small group discussion in the course, Group Counseling. The two group discussions we led were aimed at encouraging the members to share their feelings and disclose some of their personal experiences. However, the approaches we adopted for these two sessions were different. The topic of the first session was what inspired you to going into the counseling field. We thought it might be a good topic to start the self-disclosure, because most of us students had thought the reason why we decided to learn counseling and they might have different experiences to share with the group. We hoped the members could be able to find some similarities and even developed new insights through the discussion. During the session, we mainly asked questions, for example, ‘is anyone willing to share with us?’, ‘why do you decide to go this counseling program?’ and ‘does anyone have a different experience to share ?’. The outcome was not satisfying. Most of the time, the members stayed silent and I was very uncomfortable with the silence. I intended to fill in the silence but I did not know what I should do. I did not know if I should direct the attention to a specific member or if it was appropriate to ask a quiet member to share her thoughts. I became increasingly nervous overtime and I became silence as well. I felt very awkward and frustrated. I kept questioning myself if I did something wrongShow MoreRelatedThe Effects Of Group Counseling On Ninth Grade At Risk Students Authored By Page Chandler1459 Words   |  6 Pagesfrom a counseling journal was to be done. 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Moreover, they can be connected to each other and give the counselor more of a variety of techniques that they could use to better assist the client in solving his or her problems. If counseling theories are understood and applied appropriatelyRead MorePractical Philosophy And Conversational Counseling787 Words   |  4 PagesPhilosophy and Conversational Counseling For the past 5 years the writer, on a volunteer and informal basis has been given access to clients of a Homeless Shelter, Veterans Residential Center and Addiction Treatment Center in Phoenix, Arizona. At these locations the writer has conducted individual and group weekly sessions with an emphasis on the abuse of alcohol and drugs utilizing Practical Philosophy and Conversational Counseling to supplement meditation sessions. Group size averages around 10 participantsRead MoreGroup Reflection Essay743 Words   |  3 PagesFor our eighth group session, we celebrated the ending of our group counseling session at Sushi King in Norfolk, Virginia. There were a few moments that left me in awe about myself, but two moments stood out the most for me. The first moment was during the fifth group session when were asked to identify things that stressed us and may be a barrier to accomplishing our goals. During this class session, I realized the bottled up resentment I still have towards my Fa ther that could hinder me from growingRead MoreGroup Dynamics : An Important And Therapeutic Aspect Of Counseling Settings For Any Populations1400 Words   |  6 Pages Group dynamics is an important and therapeutic aspect in counseling settings for any populations. For instance, groups can unfold in any setting to distinct populations such as schools, private practices, and or communities. However what each group initially has in common is the interactive experience of expressing and sharing certain aspects with other individuals. In fact, group dynamics can be defined as the â€Å"interactions that influence the attitudes and behavior of people when they are grouped

Customer Orientation and Performance †Free Samples to Students

Question: Discuss about the Customer Orientation and Performance. Answer: Introduction: Apple Inc. is an American corporation which was found in 1976 by Steve Jobs and Steven Wozniak. The company deals in the products like I pad, iPhone, I cloud, Apple TV, etc. (Lazonick, Mazzucato Tulum, 2013). Apple Inc. is a product orientation company. It is because it produces innovative products with quality to the customers which helps it in targeting maximum consumers. The company develop its products and make them attractive for the customers. The products of the company are produced by keeping in mind that they must edge over the products of the competitors. The products are made with unique and attractive features which capture the attention of the customers. The employees of the company are highly talented and skilled which focus on delivering new to the customers every time. They use their strengths and capabilities which produces high end quality products as a result (Maurya, et. al., 2015). The company tries to match up the expectations and needs of the customers with the help of its unique and technologically upgraded products. Apple has come up with its two new models recently in IPhone which are IPhone 8 and 10. The company is strongly oriented towards the product and strives for best position in the industry by serving the customers and making them satisfied through its products. The company also adopt differentiation and cost leadership strategies in order to improve its profits on the sale of its products (Maurya, et. al., 2015). This shows that the company is strongly product oriented. References Lazonick, W., Mazzucato, M., Tulum, . (2013, December). Apple's changing business model: What should the world's richest company do with all those profits?. InAccounting Forum(Vol. 37, No. 4, pp. 249-267). Elsevier. Maurya, U. K., Mishra, P., Anand, S., Kumar, N. (2015). Corporate identity, customer orientation and performance of SMEs: Exploring the linkages.IIMB Management Review,27(3), 159-174.

The Alternate Universe of Second Life free essay sample

When is the last time you used your head and not a calculator to do math? When is the last time you walked to the corner store, instead of driving the two blocks up the street? I mean some people would be lost if they didn’t have their cell phones. Is the world coming to rely on technology for everything, even happiness? Are people using technology as an escape from the real world? Isn’t that why people take vacations? People don’t read books during their leisure time anymore because that would be boring and not to mention time consuming. We live in a fast paced world and if you don’t keep up you’ll be left behind with the AM/FM hand radios. That is why we have our expensive computers, I Pod’s, flat screen televisions, and fast cars to take us anywhere our minds desire. We will write a custom essay sample on The Alternate Universe of Second Life or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Jessica Bennet and Malcolm Beith wrote an interesting essay called â€Å"Alternate Universe†. The essay is about a 3-D virtual world called Second Life. You can do anything you want in this world, even fly. You could be a doctor, a dancer, a designer, what ever makes you happy. You can even find true love on Second Life by dating other avatars, which are what your characters are called. The possibilities are endless with what you can do in this virtual world. You’re sitting on cloud nine and all you need is your computer. All you have to do to be part of what some would call their dream is sign up, create a character to your liking and start living your second life online with millions of other people around the world. This is not just a game to pass time for some people. People are taking this game very seriously, they’d bet their lives on it. The authors give an example saying that one person actually said, â€Å"I’d rather panhandle on the street than leave Second Life. † (Bennet and Beith 15). This person would rather beg on the street than ever leave Second Life. How dependent have we become to the satisfying elements of technology? There are eight millions users on Second Life, all of them living what they wished their real life really was, online. Bennet and Beith tell us that by â€Å"2011 four of every five people who use the internet will actively participate in Second Life, or some similar medium,† so that mean that â€Å"1. billion out of 2 billion internet users will have found new lives online†. These users are spending between eighteen to thirty hours a week playing, or living, Second Life. They tell us that users typically spend their time running their business, partying, and meeting new people. If you can actually make real money in Second Life, who needs a real job anyway? Benn et and Beith give us examples of how two people make their money on Second Life. â€Å"Anshe Chung is a virtual land baroness with a real life fortune. (Bennet and Beith 3). They tell us how Chung has a business called Anshe Chung Studios run by her avatar called Ailin Graef. Her company builds homes and then sells or rents it to other avatar for a pretty penny. She even has sixty people on her staff that works for her. She was Second Life’s first millionaire. The other example is of a real life Pathmark department manager doubling his daily salary by opening up a clothing store where he designs clothes for other avatar to buy with real money. The authors make it seem like you haven’t had a real job till you’ve had a Second Life job, it’s that easy. No set hours, or boss to answer to just â€Å"click and drag†. Imagine waking up in the morning, still in your pajamas, you sit in front of the computer for say two to three hours, check how much money you’ve made off your Second Life, maybe design a new virtual wedding gown, or a build a four story mansion and then put it in the virtual market, go back to sleep and then do it all over again in a few hours. The authors make it seem as though this is the perfect alternate life. You can make friends, and make all the money you need without ever leaving your house, but they fail to mention the things that you will be losing by living this life- social skills and life outside your house. They are promoting this virtual world with a big red banner that says â€Å"Pick me! † They tell you how one woman became a millionaire, and they put the idea in your head, â€Å"well maybe I could do that too, that sounds awesome†, but they very briefly mention how much money she had to invest to make that million. People are so easily swayed, especially with the way the economy is, they will try anything to make money. People hear money and dollar signs light up in their eyes. If that’s what they authors were trying to do they were definitely successful. The authors also tell us that some companies are also using Second Life as part of their work environment. â€Å"Some are holding staff meetings where avatars representing employees can discuss ideas via instant message, email, or Skype, in a souped-up virtual office. † ( Bennet and Beith 17). Some companies are using it connect to customers. Like IBM, Sears, Circuit City, and Nissan all connect to customers through Second Life. Nissan even lets you â€Å"test-drive† a car on a â€Å"virtual track† so you never have to leave your house. What has happened to face-to-face interaction with employees and customers? It’s not that they can’t do it or don’t have the time, it is just easier to use the computer. This way we can be participating in our business meeting and making dinner. Why do the authors make it seem like that is such a good thing? How could it be in any way better test driving a car online than actually doing it in real life? I think that the authors go a little overboard in trying to convince their audience that Second Life is great. I can’t see that many people agreeing with it being better to test drive a car online than in real life. Are we so bored with our lives that we feel we need to buy virtual things (i. e. clothes, cars, houses) for a fictional character that is supposed to represent you. I don’t have the money to buy a real car and people are buying virtual cars for their avatars. Although the money ratio is not the same, it is still money spent on something that you will never be able to touch, or hold. Money that could have been spend filling up your gas tank, or on groceries. One US dollar is worth 270 Linden dollars. The authors tells us that â€Å"on a typical day customers spend $1 million buying virtual clothes, cars, houses, and other goods for their avatars,† and that â€Å"by the end of the year users will have spend about 125 billion Linden dollars in Second Life (about $460 million). † I really don’t think that my money would be well spent if I bought a virtual island for $1,395 as the authors tell us that one person did on eBay. The authors write so freely about money. They talk about money like everyone has so much of it to just waste on this fake life. Who has one million dollars lying around? They do make it a point to say that one US dollar is worth 270 in fake money (Linden dollars). Yes, that is a big inflation from one dollar to 270 but its not real money, so why not one dollar per every 1000 Linden dollars? In the end it is all fake things that you are buying with this fake money that you are using REAL money to purchase, which the authors do not make it a point to mention. If I can’t feel my feet in the sand, swim in the ocean or drink a real martini on it, I am not buying it. It crazy to think this virtual world, filled with virtual things, is making us happier people. I wonder what less fortunate people who don’t have a computer do? I think some are just happy to be alive and well. So a computer costs about say $1000, or more if you want a really nice one. Maybe get a portable one for a little bit more and then you we can carry our second life with us. Our whole life is beginning to revolve around this little box that spits out information. People are starting to rely more and more on it for their connection to the world. I mean why work, date, or socialize with friends when you got your computer in a little carrying case that contains your Second Life. I think that the authors do a good job in advertising all the iced up things that Second Life has to offer but they forget to mention what Second Life could do to a world if everyone relied on it. People wouldn’t need a job, or friends, because Second Life provides that all from the comfort of your home. Bennet and Beith do say that â€Å"Some critics are uneasy with the idea of people getting more and more social activities online,† but they say four sentences about it and then move on to the next topic. They don’t make it a point in their essay to mention the negatives things. They do this because they are pro-virtual life so they trivialize what is happening. All their good things outweigh the bad, so they decide to briefly mention it. They make it seem like who needs social skills or a real job when you have all this money? Imagine a world where no one leaves their homes and Second Life becomes their real life?