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Walmart Management Structure [Stores]

   

Added on  2022-08-27

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Running Head: Management
0
WAL-MART
Introduction to Management
Research & Analysis Paper – Part II
3/27/2020
Name of the Student:
Instructor’s name:
Walmart Management Structure [Stores]_1
Management
1
Contents
Summary..........................................................................................................................................2
SWOT- Formulating Strategies.......................................................................................................3
Environmental Constraints..............................................................................................................4
Stakeholders.....................................................................................................................................5
Organizational Structure and Design...............................................................................................7
Motivating Employees.....................................................................................................................8
Control and recommendation..........................................................................................................8
References......................................................................................................................................10
Walmart Management Structure [Stores]_2
Management
2
Summary
Wal-Mart is the retailing company that was founded by Sam Walton in 1962. The
headquartered of the company was Bentonville, the U.S. The company serves its serves world
widely and operates the chain of the hypermarkets, grocery stores, and the discount department
stores. It is the world's largest company in terms of revenue with US$14.05 billion in the year
2019 (Colacicco, 2018). The main purpose of the company is to serve the needs of the customers
and to offer them a variety of products like electronics, footwear, spotting, health and beauty,
and grocery products. The report will put the major focus on the formulating strategies of the
company Wal-Mart by analyzing the SWOT analysis. The environmental constraints of the
company which affects their performance such as political, legal, social, etc. will also be stated.
Different types of stakeholders are involved in the company so in this report the importance of
each stakeholder and their impact will also be analyzed.
There are some of the stakeholders which have to manage by the company Wal-Mart and
have to give the highest priority so in this report it will also be explained. The organizational
structure and design of the company Wal-Mart will be enhanced such as chain of command,
work specialization, decision making, centralization or decentralization, etc. (Martínez, et al.,
2017). The motivational theories will also be explained in this report which helps in motivating
the employees of the company. The company also monitors the progress of the business plan so
in this report the recommendations will also be provided for measuring the effectiveness of the
company.
Walmart Management Structure [Stores]_3
Management
3
SWOT- Formulating Strategies
Strength
The company Wal-Mart has the most recognized brands in the market so it helps the
company in increasing its revenues by attracting a huge number of customers. The
company several products in one store only so it becomes convenient for the consumers
to buy the product.
The company has expanded its global expansion by acquiring the Flipkart and UK based
Retailer Company so it helps in expanding its growth and increasing productivity. The
company Wal-Mart's market power has become stronger. The company has created joint
ventures which help in accessing to the new market and increasing their capacity by
accessing the different distribution network (Brockhaus, et al., 2017).
The global presence of the company is in every country which helps the Wal-Mart
company in increasing the reputation and exposing it to foreign investment opportunities
also. The company also has a low pricing strategy so it is the cheapest place to shop so
majorly customers are attracted to this and helps in increasing the profit of the company.
Weakness
The employees of the Wal-Mart company have the low pay and their working conditions
are also poor so it can be improved by making the effective structure of working in the
company in which the health issues of the employees have to be addressed (Ghazzawi, et
al., 2014).
The company Wal-Mart has a large size so they face the issue of the span of control
which can be protected by making the teams in the company. Every team should have
one supervisor or the leader which helps the company in interacting properly.
The profit margin of the company is less which is the weakness that can be improved by
increasing the prices of some products and reducing the cost by eliminating some
unnecessary items in the company (Martínez, et al., 2017).
The company also does gender discrimination by paying more to the male rather than the
women so this issue can be solved in the company by applying the theory of equality and
Walmart Management Structure [Stores]_4

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