The company selected for analysis is Wal-Mart Corporation. The report will be on the internal and external environmental influences on the company and the company response to these influences.
The purpose of this report is to apply the framework of management functions on Wal-Mart Corporation to identify how the organization has responded and continues to respond to dynamics of change in the environment. Macro level factors such as economy, labor costs, employee benefits, ethics of working, political policies and more has influenced Wal-Mart internally. In international grounds it has been observed that some nations deter Wal-Mart from launching base citing reasons of losing domestic industries. Wal-Mart has to answer and adapt to these influential factors and these adaptations are discussed critically as the responses of Wal-Mart in this report. The report will analyze the responses and based on the same will establish a set of recommendations for companies that are in a similar situation.
The business organization that has been selected for this report is the Wal-Mart Corporation; this is a multinational retail supermarket chain. Sam Walton is the founder of Wal-Mart, a hugely successful corporation. The first Wal-Mart store was opened in Arkansas. It had a simple principle of providing customers with low prices. This simple principle had aided the corporation to have a global presence. They are currently operating in more than 27 countries with around 11000 retail chains (Wal-Mart, 2014). They are a truly global corporation. It has extensive plans to spread into other countries and obtain a major portion of the sales of each country. They have a loyal customer base that frequents them for their everyday needs. The motto of Wal-Mart is very simple; it is to provide the customers with “Everyday Low Prices”. This business model has been hugely successful. They are currently the number one retail chain in the US.