Thursday, September 12, 2019
Wall Mart stores Essay Example | Topics and Well Written Essays - 1750 words
Wall Mart stores - Essay Example As I witnessed, the performance excellence becomes highly achieved by the firm. Wal-Mart has continued to colonize the global market through its relentless expansion (Edward, 2006). Wall mart has over the years opened new megastores nearly every two business days, and it has at the same time continued to expand on average into a new nation every year (Bonacich, 2004). Being a true global company, Wall Mart has redefined and changed the shopping experience for each and every American customer.I managed to see the employees of the firm work. They give the necessary human resources that move the engine of production of goods and marketing of the produced goods (Chazen, 2002). They work tirelessly to ensure that customers get served well. Without them, the company is unlikely to function even if there exists customers and shareholders ready to purchase the goods offered by the company. Employees of Wall Mart are valuable since they are the ones selling and marketing the products to consu mers (Bonaich, 2004). They take all the necessary procedures to make sure that they perform over the set limits. Suppliers of the goods and services are vital as they provide the goods which the company depends on to produce or sell its outputs (Chazen, 2002). Without them, marketing and production become rendered null and void. I saw how the organization relates with the community in their activities. Society impacts the organization in a big way (Ruta, 2009). Even though, they gain economically.... Employees of Wall Mart are valuable since they are the ones selling and marketing the products to consumers (Bonaich, 2004). They take all the necessary procedures to make sure that they perform over the set limits. Suppliers of the goods and services are vital as they provide the goods which the company depends on to produce or sell its outputs (Chazen, 2002). Without them, marketing and production become rendered null and void. I saw how the organization relates with the community in their activities. Society impacts the organization in a big way (Ruta, 2009). Even though, they gain economically from the company, they require protection from unethical, unjust, illegal and irresponsible acts by the company (Feser, 2011). Through the use of pressure groups, protests, and also the legal system, the community regulates the companyââ¬â¢s behavior. The company is working extra hard to ensure a positive impact to the society. In my tour of the organization, I noticed that the organizat ion has a unique, competitive environment. Although the companyââ¬â¢s main competition comes from local merchandise retailers, a number of warehouse clubs and also, supermarket retailers (Bonaich, 2004). The companyââ¬â¢s retailing industry is immense in size and is always experiencing a number of growths and changes (Chazen, 2002). The main competitors compete both in the national and international market. There is massive competition on the pricing, layout, location, store size, environment and also technology and innovation (Griffin, 2010). Nevertheless, the firm is performing beyond expectations. The market Wall mart is in gets characterized by large economies of scale
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