walmart

0 / 5. 0

Organizational Challenges at Walmart Name: Institution: Walmart Company Background "The company began with a single discount store" and the simple idea of retailing more for less (Walton, n.d.). Over the last five decades, it has grown to become the world's largest retailer. Presently, the company has over 11,500 stores which collectively receive traffic from approximately 260 million clients every week (Walton, n.d.). "The company employs about 2.3 million associates" across the world (1.5 million in the US), and in the 2016 financial year, it generated revenue of approximately 482 billion dollars (Walton, n.d.). This year, Walmart announced that it would be raising the employee salaries to 10 dollars per hour in February and improving the worker scheduling so that the workers plan their lives better. The company has an able team of executives who believe that moral and personal integrity is one of the primary fundamentals and it has, to begin with every one of them. This team is currently led by Doug McMillon, the company’s Chief Executive Officer. This article discusses the organizational problems at Walmart that put the company at risk of losing its market lead to competitors like Costco. Problems Facing the Organization Walmart has for decades enjoyed a good reputation for things like every day low prices, excellent logistics, big stores, and superb “bargaining tactics with small retailers” (Slemmons, 2011). These are what aided the company to grow into the world’s biggest retailer with sales accounting for nearly 3 percent of the economy of the US. However, in recent years, the company’s business model has experienced challenges from several

Related samples

Name Name von Professor Disziplin Datum Inhalt TOC o "1-3" h z u 1 Einleitung PAGEREF _Toc507996845 h 32 Chancen und Risiken der Digitalisierung PAGEREF...

Motivation und Gesundheitsverhalten Inhaltsverzeichnis TOC o "1-3" h z u Abbildungsverzeichnis PAGEREF _Toc507269413 h 31. Gesundheit und gesundheitsbezogenes...

Descartes
0
(0)

DESCARTES MEDITATION Student’s Name Institution Introduction This term paper reflects Descartes’ meditation. It gives a critical analysis concerning the...

Student’s Name: Professor’s Name: Course Number: Date: Schizophrenia Psychological disorders are a pattern of irregular thoughts and behaviors which impede a...

Comments

Leave feedback

Your email address will not be published. Required fields are marked *