Swot Analysis of Walmart Essay - 2429 Words

Wal mart With around 5000 retail outlets worldwide, operating in more then a dozen countries and with over US$286 billion in annual sales, Wal-Mart is the top retail chain and number one fortune 500 company in the world. Wal-Mart is the top employer in the U.S. with 1.3 million employees, â€Å"the company accounts for 9 cents of every US retail dollar and sells around 20 per cent of the nation’s groceries and pharmaceuticals.† (Times News Network). Wal-Mart’s sheer size gives it unrestrained economic power which allows it to drive down costs in the retail and manufacturing sectors and to enact its own standards with regards to its work force. Facts about Wal-Mart and China * It is important to understand that there is a huge difference†¦show more content†¦Many reports have been written documenting the economic and eventual social and environmental degradation which occurs when Wal-Mart â€Å"comes to town†. â€Å"Over the course of [a few years after Wal-Mart entered a community], retailers sales of men’s and boys apparel dropped 44% on average, hardware sales fell by 31%, and lawn and garden sales fell by 26%. In towns without Wal-Marts that are close to towns with Wal-Marts, sales in general merchandise declined immediately after Wal-Mart stores opened. After ten years, sales declined by a cumulative 34%.† [Kenneth Stone at Iowa State University, â€Å"Impact of the Wal-Mart Phenomenon on Rural Communities†]. Wal-Mart and India †¢ Wal-Mart is seeking to open its own retail chain throughout India. †¢ Indias $250 billion retail business is the eighth largest in the world and has the potential to grow 7 per cent by 2011. [McKinsey Report] For a company already dominating the world markets, this is an un-passable opportunity. †¢ The owners of Wal-Mart stand to gain enormous profits from this move while India’s economy will suffer and its workers will be subjugated to the unfair work practices of this Multinational Behemoth SWOT Analysis Wal-Mart Strength * Wal-Mart is a powerful retail brand. It has a reputation for value forShow MoreRelatedSwot Analysis for Walmart1637 Words   |  7 PagesSWOT Analysis for Walmart Fay Stewart MGT/521 February 1, 2012 Audrey Ellison A SWOT analysis looks at the strengths and weaknesses of a company and the opportunities and threats. When used in business it can help a company carve a sustainable niche in the market. A SWOT analysis can be a powerful tool that can assist a company in uncovering opportunities that they can exploit. If a company can comprehend their weaknesses they can then manage and eliminate threats that would otherwiseRead MoreSwot Analysis in Walmart669 Words   |  3 Pages Walmart Swot Analysis Walmart, which is a multinational retail company is based in the US. It majorly deals with selling groceries and general merchandise. The company has developed a well organized planning method that is used to analyze and evaluate the opportunities and threats, strengths and weaknesses detected in a particular business venture. The method is known as Swot analysis. Despite the strengths approved, there is an existence of certain weaknesses which have been found to be existingRead MoreWalmart Swot Analysis857 Words   |  4 PagesGoals identify the company’s strengths and weaknesses. Walmart is known as powerful retail brand. It has notoriety for value of cash, comfort, and an extensive variety of items across the board store. 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They offer â€Å"Everyday Low Prices† and have a consistent level of inventoryRead MoreWalmart Swot Analysis1266 Words   |  6 PagesSWOT ANALYSIS OF WALMART The ‘Fortune 500’ is a list of top 500 companies, with the highest gross revenue in the United States. The list is complied and published on an annual basis by the Fortune magazine, and it includes both publicly and privately held companies arranged in decreasing order of their gross revenue adjusted for excise taxes. The Fortune 500 list was first was published in 1955, and originally included only manufacturing, mining, and energy industries, but now it has beenRead MoreWalmart Swot Analysis2382 Words   |  10 PagesSWOT Analysis – Wal-Mart Juan Carlos Escobar BUS 137 20 Principles of Management Dr. Harry J. Caldwell March 21, 2013 SWOT Analysis – Wal-Mart In the study of management is very interesting making an analysis exercise of a market company like Wal-Mart which has revenues greater than the Gross Domestic Product (GDP) of many countries. The last fiscal year, ended January 31 2013, Wal-Mart reported revenues of 466,1 US billion (Walmart Inc., 2013). This amount is greater than the last GDP reportedRead MoreSWOT analysis of Walmart5872 Words   |  24 PagesPeople think we got big by putting big stores in small towns. Really, we got big by replacing inventory with information. Sam Walton, Founder of Wal-Mart SWOT analysis of Walmart This is Walmart Stores Inc. SWOT analysis for 2013. For more information on how to do SWOT analysis please refer to our article. Company background Name Wal-Mart Stores Inc. Industries served Retail Geographic areas served Worldwide Headquarters Bentonville, US Current CEO Mike Duke Read MoreWalmart Swot Analysis : Walmart Essay984 Words   |  4 PagesWALMART ANALYSIS 1 WALMART ANALYSIS 5 Business Process Management Hieu Le Columbia Southern University Walmart Analysis Walmart is the largest supply chain in the world which distributes different products of multiple firms. For the last fifteen years, Walmart has grown significantlyRead MoreSwot Analysis : Walmart Inc.1968 Words   |  8 PagesWalmart is a company that most people have heard of; it is one of the largest retail corporations with 11,527 retail units as of 29 February 2016, 4,573 within the United States, 651 Sam’s clubs, and 6,303 Walmart internationals.(â€Å"Our Locations,† n.d.) This report aims to take a brief look at the Walmart Corporation; it’s strengths, weaknesses, opportunity and threats along with an environmental analysis, five forces analysis and a look at strategy formation. 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Homeless graduates and Joblessness Free Essays

Homelessness defines a situation in which a person or a family is living without a home to have their privacy. A home is a basic requirement for every individual to live their life comfortably. It is a place where individual’s basic requirements are fulfilled and provide a healthful environment. We will write a custom essay sample on Homeless graduates and Joblessness or any similar topic only for you Order Now In USA it must be a legally owned place to have a safe condition for living.  Currently in United States there are many people who are homeless and among them many our graduates and educated people who do not have living. They might be an individual with no other support or a family with not enough resources to rent or buy a house. The term homelessness is not just limited to the meaning of â€Å"without a home†, but it has a very broad meaning covering mostly that population who is without a job, has no living, no support, and might be suffering from health issues.  Such homeless graduates either live on streets or shelters. Such people may suffer from a mental illness or physical illness due to lack of safety health measures and support. They may face a number of psychological and physiological problems. Joblessness This is the major cause of homeless graduates. They do not get adequate job and earnings to have their own home. Such guys spend their time on streets, bars, shelters, and many other such places. The one or the other way they just waste their time. Joblessness may be due to their low score at school, any kind of disorder, inability to cope with job and inadequate pay. Mental illness Homeless graduates might be suffering from mental illness and psychological problems like depression, stress, insomnia, drug abuse, alcohol abuse and criminal activities. According to one study around 40% of these homeless graduates suffer from various mental ailments. A number of studies have shown that suicidal rate is also high in such individuals. Drug alcohol abuse Drug abuse and alcohol abuse are the two major problems with homeless graduates. As they do not have a job and most of their time is wasted in bars and streets they easily get addicted with drugs and alcohol. Due to increasingly stress for work and pay they become psychologically depressed. The only way they find out is to have some kind of addiction in order to forget their worries. Such graduates when start on drugs and alcohol are usually unaware of its damaging outcomes and health hazards. Hospital and medical expenditure Due to excessive health hazards their expenses for stay at the hospital and medicines are also very high. These expenses are usually bear by the shelters where they live or donation by charity organizations. Marital status Their marital status is also at doldrums. As they cannot support their spouse and children, they easily get differences with them.  Strategies to solve this increasing problem of homelessness is first to give them adequate education to improve their grades in college. Every graduate must be assured of a job after they complete their education.  Graduates can be hired as trainee at first to give them proper training after school to get acquainted with their job.  Homeless graduates must have enough support that should cover their health problems. In addition, their environment must be safe enough in order to prevent any health hazards. Educating such people about hazards of drug and alcohol abuse: As they’re not aware of the damaging effects of drugs and alcohol they start consuming them in abundance. Later when they encounter several health problems it becomes really problematic for the shelter supporting staff and the individual himself to manage health issues.  If measures will be taken to inform them about the dangerous effects of drugs and alcohol then heavy costs of treatment can be saved. The reason for writing this letter is to bring to your awareness these problems in homeless people is every growing. It must be noted that if the concerned authorities do not take appropriate measure to stop this problem then this situation can become adverse. As more and more people are graduating and homeless kids are reaching their youth this problem does not seem to be ending.  If a homeless person remains jobless and homeless for long period of time then they can become more, dependant, dysfunctional and a burden to a society. It is of utmost importance that some steps must be taken at your earliest to stop ever growing problems of homeless graduates. The first thing is that to enhance their education, bring awareness about hazards of drugs and alcohol, brining health awareness, awareness about exercising and methods to become more useful.  The most important point is that they must participate in any type of activities. Like communal activities, sports activities and volunteer their time in supporting others with handicap.  If a person can become a useful individual of a society in any form then it will be a spiritual satisfaction and a peace of mind for both the individual and the society. References Yesilonis, Bryan. (2007) Report on Homelessness. Retrieved from http://www.bethesda-mission.org/report.htm Homeless Families Program, USA. Retrieved from http://www.valdosta.edu/~clengleh/writingsample.htm How to cite Homeless graduates and Joblessness, Essay examples

Analyze The Production Capacity And Strategies of Panda & Mickey Compa

Question: Discuss about the Analyze The Production Capacity And Strategies of Panda Mickey Company. Answer: Introduction. The purpose of this report is to critically analyze the production capacity and strategies used by Panda Mickey Company. This company basically deals with manufacturing specialized toys and other children products. Recently, the company produced a new product for children so as to enlarge the market and generate more profits. The process involved high production cost and the company results to gather advice from middle level manager. The manager will help the company to implement a new corporate cost-cutting strategy. This kind of a technology will replace some personnel in specific areas of work. Therefore, the initiative faces a lot of resistance from these group which actually results to sever hostility. Therefore, this paper aims at analyzing the scenario facing Panda Mickey Company. Organization problem. The organizational problem facing Panda mickey is themanagement of workers based on the decisions made by the company. It is a requirement in the regulations governing the employees to hold ethical standards at workplace (Chopra, 2012). Therefore, employees of any particular company need to respect the decisions made by the management of the company regarding particular issues. However, in Panda Mickey Company, the employees failed to act ethically. Three causes of organization problem in the company. Just like many other companies, Panda Mickey Company face a lot of organization problems in the process of achieving the overall objectives of the company. These problems are closely associated to mechanisms applied by the company when planning, leading, organizing and controlling various aspects in the company (Arnold, 2010). To start with, the first problem arises from the production of a new product for children. This make the company to apply the new technology in some areas of work. This is basically going to replace the workers who initially worked in these department. Here, the problem is planning. The company failed to plan on the implications that are going to face these workers after replacement. Secondly, the other organization problem that arise leading (Kanungo Manuel, 2014). Themanagement of Panda Mickey is a bid weak in management. They dont have proper skill to make viable decisions and judgment on behalf of the company. Ideally, a well-organized and skilled make d ecisions and apply strategies that must be followed by the workers of that company however difficult they seem to be. However, in this company, difficulties arise when initiating new strategies. There is a perfect positive correlation between the resistance and how the management of the company operates. Lastly, the other organization problem facing the company is control. The resistance and hostility demonstrated by the workers of Panda Mickey Company is a clear indicator that the management lack skills to control the workers when crisis arise in workplace. It is purely a mandate of any management team to ensure the control of the workers is highly contained using all means possible. Otherwise the company will face problems that will result to negative impact in the company organization structure as well as financial crisis (Marylene, 2014). This is because, failure to control the workers completely make the operation of activities in the company difficult. The progress stops instantly when chaos and entropy lead the operation of the company. Therefore, for now Panda Mickey company need to put planning, leading, organizing and controlling as their first priorities so as to fully contain the current organizational problems that have affected the operations of the company. Critical underlying cause. In this particular scenario, the critical underlying cause of the above organizational problems is the relationship between technology and its effects to the workers. One fact is that technology is part of daily operations that need to be applied by any company. There are a lot of advantages that are associated to the proper use of technology available. However, in this scenario, the company aim at applying this technology as a cost-cutting strategy (Maslow, 2013). On the hand, the technology will replace the workers in some departments in the company. For the company, this is a good strategy because it is a cost-cutting strategy. On the side of the workers, it is a bad technology because they will be replaced hence losing their jobs. In summary, the critical underlying cause is based on workers who need to protect their jobs. Analysis of most likely cause. It is important for the management to realize that this is a very serious problem that is going to affect many developments of Panda Mickey Company. This problem need to be solved so as to avoid the company from making losses (McGregor, 2012). If the company fail to operate due to these crisis, a gap may exist in the market and this will favor the competition by having the competitive advantage. Hence, this problem, need to be solved to save the reputations of the company and the workers. Possible solutions. When crisis arise in any organization, the best thing to do is to look for long lasting solutions. Therefore, this part aim at putting forward three possible solutions facing Panda Mickey Company. First, the company need to have proper planning when initiating strategies. In this scenario, it is very clear that the management of this company did not have proper planning due to the demonstrations that resulted from the initiation of the corporate strategy (Richard, 2013). The company needed to notify the workers on the impact of the technology in the daily operations of the company. This would have made the workers to fully understand the importance of the underlying technology. The possible solution here is to retain the workers by shifting them to other areas of work. The next solution is based on control. The management need to control the anger of the workers. The resistance and hostility demonstrate the fact that the workers are not satisfied with the strategy under consideration. Therefore, the company need to check the profit statement of the company and offer a compensation plan to all the workers the technology aims to replace (Baily, Farmer Crocker, 2015). This will be a good deal to these workers rather than sending them home empty handed. This solution is likely to help the company to initiate this strategy and ensure a win-win situation. Lastly, the possible solution would involve organizing and leading, this implies that, the company may reveal the strategy on the application of the technology. Panda Mickey Company has a lot branches in the city. These branches may also need this technology. Therefore, instead of replacing the workers, the company may train the workers on how to apply this technology in achieving the best returns to the company (Ballantyne, 2007). All the online stores need to be fully empowered by giving the workers affected by the technology. The company will be able to solve the underlying problem without affecting the reputations of the company and the workers. Environmental factors and the solutions. There are two environmental factors that impact the underlying cause. First, the pollution that can result from the production process. Many companies in the manufacturing sector use technology that may affect the environment during manufacturing. If this technology is not friendly to the environment, then there is any reason that workers should resist the initiation. Secondly, many companies use fuel from the surrounding environment. The technology may result to environmental degradation as they try to stress the available resources in the environment so as to meet the requirements of the technology. The solutions to these factors are very important. The company need to satisfy the environmental reservation agency that their technology is environmental friendly (Ryan Deci, 2017). If this is not so, then the company need to provide mechanisms to dispose any wastes to the environment in a way that will not have negative impacts to the environment. Most appropriate solution. The most appropriate solution that the company need to adopt is a win-win situation. The workers need to be satisfied about their reputations as well as the company (Bragg, 2015). For the workers, the company can shift them to other departments in various cities in Australia where the company operate. Again, the company need to offer a compensation plan to those workers to be replaced by the technological strategy. Recommendations. The management of Panda Mickey failed to plan on the reputation of the workers to be replaced by application of technology due to its management negligence and risks of uncertainty. Thus, to have a clear vision and direction for Panda Mickey two recommendations will be made. The company need to reconsider their initiation procedure before applying the underlying strategy. The workers need to be consulted on their view about the technology. If the company reach into an agreement, them all the application to this decision must apply to both the company and the workers (Thomas, 2009). Otherwise, we recommend a win-win situation between the company and the workers to avoid poor performance of the company. The company need to benchmark the scenario from other companies who faced similar problem in the past. This will help the company to critically analyze their current situation. Panda Mickey Company may enact the solutions applied by those companies or generate better solutions concerning this problem. References. Arnold, J. (2010). Coaching Skills for Leaders in the Workplace: How to Develop, Motivate and Get the Best from Your Staff. How to Books. Baily, P., Farmer, D., Crocker, B. (2015). Procurement, Principle Management. Pearson publishers. Ballantyne, T. (2007). Capacity. Spectra. Bragg, S.M. (2015). Accounting for Inventory. Accounting Tools. Chopra, S. (2012). Supply Chain Management. Pearson Education. Kanungo, R.N., Manuel, M. (2014). Work Motivation: Models for Developing Countries. Sage Publication put. Marylene, G. (2014). The Oxford Handbook of Work Engagement, Motivation and Self-Determination Theory. OUP USA. Maslow, A.H. (2013). A Theory of Human Motivation. Start publishing LLC. McGregor, D. (2012). The Human Side of Enterprise. New Yolk, 21. Richard, A. (2013). Job Satisfaction from Herzbergs Two Factor Theory Perspective. Grin publishing. Ryan, R.M., Deci, EL. (2017). Self-Determination Theory: Basic Psychological Need in Motivation, development and Wellness. The Guilford presses. Thomas, K.W. (2009). Intrinsic Motivation: What Really Drives Employees Engagement. Berret-Koehler publishers.