Functional Areas of Walmart: Management, Operations, Finance, Accounting, Marketing

Business Environment
1

Executive Summary
Wal-Mart has the retail chain of stores operating in a number of countries. This report discusses
the functional areas of Wal-Mart, such as- management, operations, finance, accounting, marketing
etc. The internal and external stakeholders of Walmart and their roles are also discussed in the
report. The interest of the stakeholders is different and the difference in their interest also triggers
conflicts. The influence of stakeholders can be high or low depending upon their interest and power.
The report also discusses the variation in stakeholders of the different industries.
2

Contents
Introduction......................................................................................................................................4
Functional Areas..............................................................................................................................5
Internal and External Stakeholders and their Roles.........................................................................7
Stakeholder`s Interests.....................................................................................................................9
Stakeholder`s Influence.................................................................................................................11
Stakeholder Matrix........................................................................................................................13
Discussion Forum..........................................................................................................................14
Conclusion.....................................................................................................................................15
References......................................................................................................................................16
3

Introduction
This report analyses the stakeholder's interest and influence over the business organization. The
organization selected for this report is Walmart. It is a retail company and has a chain of retail
stores in several nations. This company was incorporated in the year 1969. The analysis of the
stakeholders is important to ascertain the individuals or group that may influence the activities of
the organization. Subsequently, the activities of the organization can also have an effect on the
interest of the stakeholders. The analysis of the stakeholder`s interest and influence can assist
Walmart in making effective strategies for managing the stakeholders and carrying out the
business activities constantly.
4