Wal-mart: Not A Villain - 1,011 words
I live in Mentor, Ohio, a suburb about thirty-five miles east of Cleveland. It used to be all greenhouses, until a few decades ago when it began the process of commercialization, along with other neighboring cities. Big-name stores moved into town, slowly at first. After awhile, along came a shopping mall and stores such as K-Mart. These businesses really began to change the community for the better. As the area became more developed, more people moved there. Eventually Wal-Mart made its way into town. The onset of competition forced K-mart to relocate (less than a mile down the road from the original site, across the street from where the Wal-Mart was being built) and upgrade to a Super K-M ...
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Wal-mart Tire And Lube Observation Evaluation - 796 words
I chose to observe and evaluate a Wal-Mart Tire and Lube customer service representative. On February 16, 2002, I went to the Wal-Mart store in Upstate New York to change both of the tires on the front of my car. At around 4:45 PM, I walked up to the Tire and Lube department counter inside of the store. A customer service representative, Linda, proceeded to assist me with my purchase. While my order was being worked on, I observed Linda while at work. I was able to observe Linda, while she was taking care of about six customers. For this observation report, I chose to evaluate this worker on the following criteria: Politeness - how polite she is with customers and her coworkers? Interest - d ...
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The Purpose Of My Last Argument (wal-mart Is A Disease Spreading Across America And The World) - 872 words
Royce S. Moore Channing Grigsby English 200 Wed, 8/24/05 The Purpose of my Last Argument My last argument, in the Bruno's Foods break room, with a fish department member, was for the most part about Wal-Mart. I was reading, How Wal-Mart is Destroying America (and the World) and What You Can do About It, by Bill Quinn, when John (FD, for short) said, A Wal-Mart is better than a K-Mart. Wal-Mart may have a better, variety of merchandise to choose from, however, Wal-Mart's goal is not to bring bigger and better things to our neighborhoods, it's to drive out all other businesses making you dependent, then once you're completely dependent their always low prices begin to rise. Wal-Mart destroys t ...
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Essentials Of Business Management: Wal-mart Case Study - 1,468 words
When Sam Walton opened the first Wal-Mart store in 1962, it was the beginning of an American success story that no one could have predicted. A small-town merchant who had operated variety stores in Arkansas and Missouri, Walton was convinced that consumers would flock to a discount store with a wide array of merchandise and friendly service. Hence, Wal-Mart's mission is to deliver big-city discounting to small-town America. Sam's Roots From humble, hard-working roots, Sam Walton built Wal-Mart Stores, Inc. into the largest, fastest-growing, and most profitable retailer in the world. A child of the Depression, Sam always worked hard. He would milk the cows, and by the age of eight, he started ...
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Essentials Of Business Management: Wal-mart Case Study - 1,483 words
... ent is mute though because a true free market will not allow this to occur. Someone will come in to fill the new vacuum that will be in existents. Just like Sam Walton did with Wal-Mart. Walton also saw a large segment of the country, although widely dispersed in small towns, being totally inconvenienced by the big retailers. Yet the treatment by the people who owned the small-town stores who were neighbors, and sat in the same pew on Sundays was even worse in Sam's eyes, it was unconscionable. He could not understand how neighbors could treat one another in such a way over profitability. It was not right and he would make sure people were treated like friends and family when they came i ...
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Wal-mart - A Case Study In Managing Technical Transitions - 1,263 words
WAL-MART - A Case Study in Managing Technical Transitions Managing Technical Transitions Prof. Michael Lawless February 24, 2001 Prepared by: Andrew Bender Ann Howell Amy Lavin David Torgerson Founded in 1962 by Sam Walton, Wal-Mart followed an amazing pattern of success and growth, eclipsing all other U.S. department store retailers by the early 1990's. In early spring 2001, Wal-Mart enjoyed a huge market capitalization of over $230B, which was down from highs of nearly $300B in early 2000. Over the last year, however, Wal-Mart had suffered a number of failures in its Internet-based operations, as it tried feverishly, along with many other traditionally "bricks-and-mortar" companies, to mak ...
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Wal-mart - A Case Study In Managing Technical Transitions - 1,291 words
... aged on the internet will depend heavily on how parallel the online cost structure turns out to be, with key areas of concern likely to be distribution and shipping costs. With respect to the business-to-business (B2B) online environment, many companies are using the Internet as an inexpensive medium over which to efficiently link entities in their respective value chains. Suppliers, distributors, wholesalers can relatively easily be connected. Exchanges can be created for the buying and selling of commodities, supplies, and other goods or services. The list of applications goes on. Wal-Mart clearly has a competency in the management of information and communication among all upstream pa ...
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Wal-mart - A Case Study In Managing Technical Transitions - 1,283 words
... in states in the 47 states where the dot-com doesn't operate. In the spring of 2000, Jeanne Jackson joined Wal-Mart.com as the CEO. Jackson came from the Gap, where she transformed Banana Republic in to a chic, urbane shopping destination, increasing sales from $750 million to $1.5 billion in four years. Jackson was chosen for the position because of her strong background in traditional retailing and her leadership of the Gap's Direct division, which included managing its Internet sites. Because Wal-Mart did not have direct sales expertise, launching a Web store required creating a new direct-marketing infrastructure and developing a new set of management skills. Jackson provided this li ...
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Wal-mart - A Case Study In Managing Technical Transitions - 998 words
... e pure-play e-tailing sector, Wal-Mart's best bet for return on Wal-Mart.com is to leverage efficiencies between the two organizations. With the establishment of a well-functioning Internet operation, Wal-Mart can also begin to examine its customer base more intimately. Based on new abilities to tailor offerings under Customer Relationship Management (CRM) theory, Wal-Mart can start differentiating its customers and customizing its offerings to them. For example, there may be some customers who want to shop exclusively through the web and others who will use a combination of web and store shopping. For each of these customers there is unique value that Wal-Mart brings. Wal-Mart must gath ...
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Unfair Business Ethics For The Employees Of Wal-mart - 319 words
Wal-Mart is a superstore that has facilities all over the world. Wal-Mart is known as the friendly neighbor superstore. But until recently Wal-Mart has found its self not so friendly and is battling in unfair labor practices. An employee working for the Wal-Mart in New York has accused the worlds top retailer of unfair labor practices. The suit, which seeks class action status, was filed in a New York state court on behalf of about 20,000 current and past employees of 83 New York Wal-Mart and Sam Club stores. The complaint comes that Wal-Mart practices underpaying employees, but making them work even when they are clocked off. One of the employees says that she had to stay after work to fini ...
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Stocking And Zoning - Wal-mart - 588 words
When working for a large company such as Wal-Mart, you must understand that it takes hard work and dedication to make sure the store is presentable. Wal-Mart believes there are two main parts to maintaining a presentable appearance: keeping the merchan- dise well stocked and then making sure each isle is properly zoned With Wal-Mart being the well-known company it is, stocker personnel are scheduled covering all hours of the day. There are grocery stockers, 10:00 a.m. to 7:00 p.m. stockers (which I was for six months), and then overnight stockers. There are grocery stockers during all hours of the day, but most of the grocery section is stocked during the night. This makes it easier for the ...
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Case Analysis On Wal-mart Using The Ie Matrix, Swot Analysis And More - 2,270 words
Overview When Sam Walton founded the first Wal-Mart in 1962, the idea of bringing in a discount-shopping store into rural America was almost unheard of, except for the local five and dime stores. When Walton noticed that he had a lot of competition from regional discount chains, him and his wife Helen traveled the country to study other new retailing concepts, and were convinced that it was the wave of the future. With Walton's vision, Wal-Mart grew to be a multi-billion dollar, international company, operating about 4,600 stores around the world. Wal-Mart competes in many industries that include: 5331- Retail-Variety stores, 5411-Grocery stores, 5311-Department stores, 5812-Eating Places, 5 ...
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Case Analysis On Wal-mart Using The Ie Matrix, Swot Analysis And More - 2,187 words
... other places for what they want because of the better selection and quality. Finally, the last critical success factor is market share with a rating of 0.05. Wal-Mart and Target are both ranked 3 while Kmart is ranked 1. This is about right because as indicated by the total weighted score, Kmart is the weakest with 2.55. Target's total weighted score was in between but closer to Wal-Mart's score of 3.15, and Wal-Mart's was the strongest weighted score as 3.50. In conclusion of the competitive profile matrix, Wal-Mart as a competitor rises above both Target and Kmart. External Factor Evaluation An external factor evaluation matrix identifies the industry-wide opportunities and threats. We ...
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Case Analysis On Wal-mart Using The Ie Matrix, Swot Analysis And More - 2,254 words
... ed. Another weakness is that there are few females in top management and there are few minorities employed. With such a societal demand for equality, Wal-Mart is lacking in this category. This is not a very good ethical decision for Wal-Mart to be making. They are really hurting their corporate image by maintaining this position. The other area that Wal-Mart lacks in is with unions. Currently, Wal-Mart does not have any union involvement. This is a problem because of the perception of treating employees poorly. Unions are created to provide bargaining power to employees on issues that involve their compensation, benefits, and working conditions. This is also a weakness because of job sec ...
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Case Analysis On Wal-mart Using The Ie Matrix, Swot Analysis And More - 2,335 words
... years. This type of strategy allows for current employees to be promoted by relocating to new stores, have increased roles in the success of new locations, and be a part of a winning organization. Also, because of the societal influence that Wal-Mart has, they can improve the quality of life in the areas of expansion. This is a very important aspect of Wal-Mart as discussed with their scholarship and community donations. The costs of this strategy are very high. Because this would involve constructing new buildings and organizing new distribution networks, Wal-Mart has to plan for this with the utmost attention to detail. This is not a very large problem for Wal-Mart, though, because the ...
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Wal-mart International - 655 words
Mexico is another story. It was Wal-Mart Internationals first foray outside the U.S. nine years ago, and now the company has 466 stores there, the most in any country except the U.S. It is that country's largest retailer and second-largest employer, according to the San Diego Tribune. The secret to its success, in addition to low prices, is short lines - a rarity in Mexico and another example of Wal-Marts success in addressing local needs. Wal-Mart had done something no other retailer had ever fathomed doing. They made their stores more convenient to its customers and, while, they made a business move that could possibly keep them on top of the retail world for years to come. Wal-Mart has go ...
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Sam Walton - 775 words
There were several characteristics of Sam Walton that enabled him to be successful in his life and business dealings. Sam Walton could do anything he put his mind to. This can be witnessed in his ability to transform a small town store into a 25 billion-dollar industry at the time of his death. Walton did not want to be poor, and this helped to push him when the going got tough because he knew what the possible outcome would be. For example, when Walton first started producing more Wal-marts, he was in great debt. In fact the only way he could get out was to make more stores and continue to set lower prices than the competition. Walton grew up into a poor environment as a child, so he knew w ...
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Goodyear Swot Analysis - 1,172 words
Generally increasing sales revenue since 1991 Dealer contracts that my be inhibiting Internet sales Sales declines in Europe, Asia, Latin America New international markets: China, India, Russia New international markets: Internet sales Size still matters and Goodyear has size. Its 1999 sales were $12,881,000,000 representing a one-year sales growth of 2%. Its net income was $241,000,000, a lot of money but a decrease of 64.7% from one year earlier. Despite that drop in net income, Goodyear paid a $.30 dividend. Its net income also beat Wall Streets expectations. It has become the world leader in tire sales as a result of its alliance with Japans Sumitomo Rubber Industries. Goodyear ranks No. ...
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Goodyear Executive Summary - 1,213 words
The following is an executive summary of The Goodyear Tire Corporation. This case analysis will include a company background followed by a five forces model of the industry competition and SWOT analysis. The summary will also include a financial analysis of the corporation along with Goodyears corporate level strategies and objectives. Finally, alternatives will be addressed, recommendations will be made, and implementation and control will be discussed. By 1986, Goodyear had a debt of $3.7 billion dollars. From 1982-1986 Goodyears principal business was development, distribution, and sales of times for most applications. Gooyear was a multi-product, diversified conglomerate. Goodyears appro ...
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Creating A Statement Of Vision - 1,061 words
Today's companies are faced with an exponential amount of change. Mission statements, goal setting, and planning methods of the past are no longer producing acceptable results. Successful companies are now achieving breakthrough objectives through utilizing a technique of discovering their core ideology, stimulating progress through an envisioned future, and seeking support by the alignment of intellectual capital. Mission statements are becoming more than a series of manipulative words arranged to have a soothing tone. They have become statements of vision, and the companies who adopt this technique are becoming visionary companies. Visionary companies depend on a core ideology, which consi ...
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