Analysis of Wal-Mart Organization Essay Example | Topics and Well Written Essays - 1250 words

Analysis of Wal-Mart Organization - Essay ExampleThese numbers were just now predictable from Wal-Marts humble beginnings in 1962, when it was founded by entrepreneur Sam Walton. Walton subject a store called the Wal-Mart Discount City in Rogers, Arkansas (Frank, 2006). However, at heart five years, the phoner opened up an additional 23 stores throughout the state of Arkansas. By 1968, the stores had moved out of state to Missouri and Oklahoma. From there, Walton incorporated his bank line as Wal-Mart Stores, which still serves as the companys namesake, and in 1970, the company went public (Frank, 2006). Despite Wal-Marts tremendous growth since its inception in Rogers, Arkansas, the company maintains that it is committed to the same values and purpose that Sam Walton believed in when he opened his first location. Wal-Mart claims to abide by Waltons credo, which is, If we work together, well lower the represent of living for everyone well give the world an opportunity to see wh at its like to save and have a better life (Walmart). This focus on displace the cost of living for all people, with equal economic access to the companys products as a means to improving the quality of life represents a signifi female genitaliat part of the companys mission. Saving people money to help them live better was the goal that Sam Walton envisioned when he opened the doors to the first Walmart (Walmart). ... Food prices are nearly 14% lower in markets where Wal-Mart competes, which means that it is employing its cost leading in a way that is detrimental to opposite food suppliers who cannot meet the price offerings of Wal-Mart. Because Wal-Mart is special in its ability to use its large buying power to negotiate deals and acquire cheaply-produced goods from foreign countries, its cost leadership is a core competency. Wal-Mart owns a sizable 30% of the consumer staples market in the United States (Hwang, 2003). Another core competency of Wal-Mart is its use of informati on technology in support of its international logistics system (Marketing Teacher, 2011). Wal-Mart is special because, for the most part, it is the only multinational retailer based out of the United States. In order to manage the effectual allocation of resources within the organization, Wal-Mart recognizes the need to supply its leaders with the right information in order to make competent decisions. By leveraging information technology, it can measure how individual products perform in different countries with a single glance. This technology also adds value to the process of procurement, which is the process of obtaining goods and services from preparation and process of a requisition through to receipt and approval of the invoice for payment. In terms of weaknesses, Wal-Mart is a very broad company with a wide anatomy of interests throughout a vast number of small community markets. Within those stores, Wal-Mart offers a wide range of products, which includes groceries, car s ervices, sports equipment, and so on. Despite providing convenience to its customers, this grandness holds