Organizational Structure Of Wal-Mart
Introduction
Wal-Mart is an American large multinational retail corporation which has the largest employees of the world and that’s around 2 million. This company was founded by Sam Walton near 1962. And now the Fortune Global 500 list says, Wal-Mart is the world largest company by revenue. It’s currently operating in 15 countries with 8500 stores under 55 different names.
Wal-Mart Organisation Structure
For top level, Wal-Mart follows the Divisional Organization Structure and for store level, they use Matrix Organizational Structure.
There are 4 key divisions of Wal-Mart. These are,
• Wal-Mart Realty
• Wal-Mart International
• Wal-Mart Specialty Stores
• Sam’s Club and Super-Center
Every division is given separately enough resources and autonomy and also has it’s own functional workforce.
Organizational structure helps companies to be able to specialize its activities into self-reliant divisions, each capable of satisfying.
Each division is given enough resources and autonomy and has its own functional workforce.
The detailed structure is given below:-
● Divisional and the Senior Vice presidents seat in the head office generally.
● The other districts which have many stores, each district is run by a District Manager, who lives in the field. These District Managers have been replaced by "Market Managers" who will be responsible for a larger number of stores.
● Market divisional structure is followed because, their main goal is to increase the merchandising power
Publix Organizational Structure
452 Words | 2 PagesFinally, John must be an achiever. Since teamwork is key to the success of the store, John must maintain his positive work environment with associates when everyday life seems to be stagnant. He is able to give enough time and attention to several managerial duties while completing his daily personal goals during turbulent times. John delegates duties to associates when needed. For example, ordering supplies, counting supplies and checking for out-dated merchandise.
Does Wal-Mart's Impact On Our Economy
304 Words | 2 Pagesif you think about it, there are around 5,332 operating Wal-Marts in America. In my own opinion, I’d think that’s creating more jobs rather than losing jobs. Also, bringing in tons of customers, which are spending money thats going back into the economy. In Conclusion, Wal-Mart is good for American Economy.
The Organizational Structure Of Bank Of America
850 Words | 4 PagesThese smaller groups are assigned to a particular field of service. Each semi-autonomous group has a group head who is designated as the Executive officer or Vice-President of that particular section. The top executive of a specific section only manages the general activities such as hiring and budgeting of that particular section only. The divisional hierarchy prevalent in the Bank of America has various advantages associated with it.
Rhetorical Analysis Of Walmart
1637 Words | 7 PagesWalmart was founded in the summer of 1962 by Kingfisher, Oklahoma native Sam Walton. Although Walton’s original vision for the store was relatively modest, the half century since its founding has seen Walmart morph into one of the biggest companies in the world. Today headed by one Doug McMillon, Walmart boasts more than 5000 stores in the United States of America alone and employs more than 1.5 million people. Walmart is undoubtedly an American institution, yet each Walmart store feels like its own little country. Walmart seems to have its own laws and customs and the people who shop their on a regular basis appear almost primitive in their behavior as they go about raiding the store’s shelves and wrestling with fellow customers for discount flat screen televisions and bulk packages of two-ply toilet paper.
Walmart Environmental Analysis
874 Words | 4 PagesEnvironmental analysis of Wal-Mart includes the external environment factors that may affect the performance of Wal-Mart. Typically external environment includes competitors of Wal-Mart, the advantages and disadvantages of these competitors, the way that Wal-Mart distinguishes itself from its competitors and macro-economic factors that affect the performance of Wal-Mart. Wal-Mart is one of the largest retail companies in the world with more than $ 400 billion annual sales, 4,100 branches in the United States and 3,500 stores outside the U.S. (“External And Internal Environmental Analysis Of Wal-Mart”). In the year of 2009, Wal-Mart became the highest-volume grocery store in America, obtaining a 21 percent share of the grocery marke and almost
Walmart's Compensation Strategy
1031 Words | 5 PagesWalmart’s compensation strategy is mostly using base pay that follows the market rate. Employees get paid by hours they worked. Pay rates are different and depend on the job position and working department relative to the organizational structure. Walmart uses job evaluation systems to provide internal equity and determine the basis for wage rate. They evaluated the worth of each job in terms of its skills, knowledge, responsibility or duties required and converted into an hourly, daily, weekly, or monthly wage rate.
Mcdonaldization In The Workplace
961 Words | 4 PagesIt is also efficient, calculated, predicted and controlled. A bit different from the McDonald, Walmart has divided into three parts,which are above store managers,in-store managers and in-store hourly
Case Study: Wal-Mart In South Korea
2015 Words | 9 PagesIntroduction The mass merchandiser Wal-Mart, founded 1962, is stated as the world largest retailer with over 11,100 stores in ~ 27 countries. The market is over $275 billion and Wal-Mart’s rank among the top ten companies in the S&P 500 index. Wal-Mart’s philosophy is to provide everyday low prices and superior customer service. They invested in its unique cross-docking-inventory-system, which is one of the largest supply chain in the world.
Walmart Human Resource Management Analysis
1275 Words | 6 PagesWal-Mart was founded in 1962 by Sam Walton. With the opening of the first Wal-Mart discount store in Rogers, Ark. The company integrated as Wal-Mart Stores, Inc., on October 31, 1969 (Wal-Mart, 2010). As a leader in sustainability, corporate philanthropy and employment opportunity, Wal-Mart placed first among retailers in Fortune Magazine 's 2009 Most Admired Companies.
Walmart Supply Chain Management Case Study
995 Words | 4 PagesQ. 2. Recent development in Technology has enabled huge global organizations to avail information easily in their premises for smooth functioning of various departments within an organization. Much of a company's success comes down to its Supply Chain Management and logistics. The development of Information Systems in SCM helps in cost reductions, customer satisfaction and productivity.
Walmart Push Strategy Case Study
1225 Words | 5 PagesSegment 1 – Wal-Mart’s Revolutionary Power 1. How much was Wal-Mart’s sales figure quoted in the beginning of the segment? Wal-Mart recorded $256 Billion in sales and is the first company in the world to record such a figure on sales. 2. How many Americans stream into Wal-Mart on a weekly basis?
Five Forces Of Walmart
989 Words | 4 PagesWalmart has succeeded in achieving the leading position in the retail industry. Walmart now stands as the biggest retailer in the world. However, the external factors constitute pressure on the company that must be address carefully. By analyzing the five forces of external factors we will define the nature and power of our rival power in the market. The five factors are competitors from rival, potential new entrants, substitute products, supplier bargaining power and customer bargaining power all of these competitive forces affecting Walmart position.
Walmart Case Study Amazon's Business Strategy
711 Words | 3 PagesInvestors in Wal-Mart were aware of the obstacles that the giant retailer would face due to the changing consumer preferences and behaviors. However, the financial reports showcased that its online strategy was successful. At the end of the second quarter in 2017, Wal-Mart reported revenue of $123.4 billion, which was an increment of about 2.1% over the previous year quarter. There was also an increase in comparable sales by 1.8% year over year. Wal-Mart has significantly focused on structuring its online sales, while using its already well-established brick and mortar stores and excellent supply chain and logistics to its big advantage.
Situation Analysis Of Walmart
1009 Words | 5 PagesI. Introduction Walmart Stores, Inc. - the American corporation which was established in 1962, is well-know for the globe’s largest multinational retailer (Walmart 2016). Walmart owns a chain of grocery stores, discount department stores and hypermarkets with about 11,500 retail stores over 28 countries. In 1998, Walmart entered Germany with the acquisition of Wertkauf and Interspar chain (Louisa 2006). Despite having the strongest economy in Europe and the third largest retail market in the world, Germany was not an ideal place for Walmart to achieve its ambition (Knorr and Andt 2003). After nearly a decade struggling to grow, Walmart decided to pull out of German market in 2006 with the loss of one billion dollars (Mark 2006).
Organizational Structure Of Toyota
2493 Words | 10 PagesToyota Revolves around its organizational structure, culture, climate and decision making perspectives. All these factors impact Toyota’s ability to make decision and then take actions. Failure to acknowledge anyone of them in a sensible way might damage a company’s reputation. Lets discuss these factors in detail. Organizational Structure is the framework of the company which lays down the foundation of the company.
More about Organizational Structure Of Wal-Mart
Publix Organizational Structure
452 Words | 2 PagesDoes Wal-Mart's Impact On Our Economy
304 Words | 2 PagesThe Organizational Structure Of Bank Of America
850 Words | 4 PagesRhetorical Analysis Of Walmart
1637 Words | 7 PagesWalmart Environmental Analysis
874 Words | 4 PagesWalmart's Compensation Strategy
1031 Words | 5 PagesMcdonaldization In The Workplace
961 Words | 4 PagesCase Study: Wal-Mart In South Korea
2015 Words | 9 PagesWalmart Human Resource Management Analysis
1275 Words | 6 PagesWalmart Supply Chain Management Case Study
995 Words | 4 PagesWalmart Push Strategy Case Study
1225 Words | 5 PagesFive Forces Of Walmart
989 Words | 4 PagesWalmart Case Study Amazon's Business Strategy
711 Words | 3 PagesSituation Analysis Of Walmart
1009 Words | 5 PagesOrganizational Structure Of Toyota
2493 Words | 10 Pages