Paper Topic:
summarize wal -mart chapter
A SUMMARY OF WAL-MART CHAPTER Wal-Mart , the largest corporate organization in the world and the largest employer in the private sector in the United States , is a success story in the corporate world . The history of Wal-Mart dates back to the year 1962 . Initially , it was a single store which was the initiative of one Sam Walton who has since died . It has weathered the storm of competition and has now grown in size to a worldwide corporation . Walton had at the time of starting Wal-Mart opened 20 stores which were competing
against 250 from Kmart . Walton was dynamic in operating the organization . He made sure that he maintained the principles of marketing and those of customer satisfaction , a factor that made Wal-Mart become the single biggest retailer worldwide International sales have been increasing at an impressive average of 13 percent , which is a dream for any company or any corporation anywhere in the world , no matter how large it is . In the year 2000 , Wal-Mart realized an increase of 46 percent in international sales which translates to 16 .8 percent of all the corporate sales combined
This corporation however has its shortcomings in the way it relates with its employees and the obligations to its corporate responsibilities . On the part of human resource , Wal-Mart gives its employees lows benefits even though they add great value to the corporation , and health benefits have been lost . Wal-Mart does not consider the values of the grassroots community but rather of more importance...
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