Sunday, December 22, 2019

Wal Mart s Corporate Administration - 1709 Words

Introduction:- Wal-Mart is one of the biggest retail location in the United States, and it is bigger than some other retail network on the planet. At present Wal-Mart works in excess of 4,150 retail offices all inclusive. Likewise, the organization is the prevailing retail location in Canada, Mexico, and the United Kingdom . As indicated by the Fortune 500 record of the wealthiest and most capable organizations on the planet, Wal-Mart holds the most obvious spot, positioned by its aggregate deals. The organization is positioned as the second most appreciated organization on the planet by Fortune. Wal-Mart gives general stock: family attire, wellbeing magnificence supports, family needs, gadgets, toys, fabrics, creates, yard †¦show more content†¦Wal-Mart broke the code of ethics once in Bangladesh and it s not good for a company in its long run. Wal-Mart imported clothes from a banned company resulting in which they have to pay a million dollars as a compensation. Ethical behavior is just making good business decisions based on the code of ethics. Entrepreneurs should have a written code and should strictly stick to it in making decisions. A company should maintain ethics in its supplies. Falsified information and branding should be eradicated. Though investments and profits are important they have to consider customer is as important as the other two. Customer Satisfaction:- Whatever the product supplied to the customer should meet the demands made by him/her. consistency is the secret of successful business. consistency in the goods supplied right good at right time, superior service with clear policies, rules and proper interaction with customers. Whenever a customer is dissatisfied with the product the mouth publicity he gives create a lot of fuzz in people and it s not good any firm. They have to maintain emotional consistency which is valuable for emotional connection for its loyal customers. Most of the people who visit wal-mart are middle class and lower than that community their expectations should be met by the product they receive in stores. Communication consistency is the combination of promises made by the company and which are kept.Show MoreRelatedWalmart s Organizational Structure And Organizational Culture Essay1697 Words   |  7 Pagesmaintained through the organizational culture of the Wal-Mart. Nonetheless, th e long history of Walmart in progressing successfully and continually growing internationally proves that the firm’s organizational structure and organizational culture have been very positive in bringing competitive advantage and achievement. Such organizational structure interacts with the organizational culture to maintain the significant competitive advantage of Walmart. 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