EXECUTIVE SUMMARY 1
COMPANY HISTORY 2
BUSINESS DESCRIPTION 4
PRODUCTS AND SERVICES 4
BUSINESS METHODS 5
FINANCIAL ANALYSIS 6
COMPETITIVE ANALYSIS 7
Works Cited 9
The purpose of this business report is to gain familiarity with Wal-Mart and to learn about the different aspects that make Wal-Mart a successful company. This report gives an in-depth analysis of the company history, services and products provided, the company philosophy, business methods, organizational structure, and financial and competitive analysis.
Wal-Mart is a well-known company. Although Wal-Mart was originally just a retail outlet, this company has extended its reach to far greater areas of service and products including Tire shops, Photo shops, and Pharmacy’s.
These findings show that the company is doing very well. The financial statements look good and the company is profitable considering the industry averages. Therefore, it is recommended that investors consider this company for their investment portfolio.
The first Wal-Mart store opened in Rogers, Arkansas in 1962. The founder of Wal-Mart is a late 1940’s retailer by the name of Sam Walton. Walton was said to be a cheap man, and would cut corners and save money wherever possible. That is how his idea to pass the savings on to the customer came to be. He knew he could save money like other retailers by making deals with suppliers, but he also knew that if people could experience the savings more directly the sales volume would increase and he could still make a profit. Walton wanted to earn his profits through volume. And it didn’t sto...
... middle of paper ...
...to be a sustainable force in the Retail Industry as they will continue to be in the near future.
Datamonitor. Wal-Mart Stores Inc., Company Profile. Reference Code: 1935 Published Nov. 2006
Frank, T.A. “A Brief History of Wal-Mart”. Washington Monthly. April 1st 2006. Date Accessed: February 17, 2007.
Waddoups, Jeffrey C. “Public Subsidies of low-wage employment: the case of uncompensated health care.” Journal of Economic Issues. Sept. 2006. v.4 i.3 p.813
“Wal-Mart Stores, Inc. – Key Statistics.” Yahoo Finance. 2007.
“Wal-Mart Stores, Inc.- information and related industry information from Hoovers.” Hoovers. Accessed 03/02/2007.
Need Writing Help?
Get feedback on grammar, clarity, concision and logic instantly.Check your paper »
- Wal-Mart Evaluation Report Analyzing Wal-Mart's annual report provides a positive outlook on Wal-Mart's financial health. Given the specific ratios and its comparison to other companies in the same industry, Wal-Mart is leading and more than likely continue its dominance. Though Wal-Mart did not lead in all numbers, its leadership and strong presence of the market cements the ongoing success. The review of the current ratio, quick ratio, inventory turnover ratio, debt ratio, net profit margin ratio, ROI, ROE, and P/E ratio all indicate an upbeat future for the company.... [tags: Business Analysis]
1770 words (5.1 pages)
- Wal-Mart Case Study Case Review and Recommendations As we have reviewed and studied the strategy, culture, finances and the challenges and successes at Wal-Mart, there are many strategies we see that the company must undertake to hold its dominate position and drive further growth. Herein, we define our top four. These core strategies include: rebuild and recreate its reputation in the face of recent challenges; continue to show price leadership; improve the customer experience; and drive international growth.... [tags: Business Analysis Wal Mart]
1115 words (3.2 pages)
- Opening a business is a significant achievement for many business people, but maintaining one is the larger challenge. Even though the job market in the USA is starting to show indications of economic improvement, and the country 's unemployment is below the national average, every day many store owners are struggling to stay afloat because they 're getting squeezed by their competitors; in fact, powerful corporations are most likely one of the reasons for this situation because critics of capitalism and big corporations usually warrant that big companies have extreme economic power and utilize that power to affect consumers, workers, and their competitors.Today, we know that corporation... [tags: Wal-Mart, Supermarket, Aldi, Asda]
1258 words (3.6 pages)
- The corporation I have chosen to assess for this project is Wal-Mart. Wal-Mart is a retail company that is incorporated in Delaware, which trades under three segments: Walmart U.S., Walmart International and Sam’s Club. The company history shows that the road to Wal-Mart was a long one. The company started under the name Walton’s 5&10, which was opened by Sam Walton in 1950 on the Bentonville town square. Over the years the company was successful and on July 2, 1962, Sam Walton opened the first Walmart store in Rogers, Ark.... [tags: Wal-Mart, Sam Walton, Arkansas, S. Robson Walton]
702 words (2 pages)
- Wal-Mart is the largest company in the world; Wal-Mart employs 2.1 million workers worldwide with revenue of more than $405 Million for the year 2009. Its operations are based primary in the United States, but have begun to expand to other countries. According to Wal-Mart Annual report Wal-Mart has over 8,400 retail units under 55 different banners in 15 countries. This research will analyze the current market conditions of Wal-Mart what market structure of Wal-Mart is oligopoly, etc. What Interdependence with other companies and who are Wal-Mart competitors and whether there are any new mergers, acquisitions, or antitrust issues.... [tags: Business Analysis]
1323 words (3.8 pages)
- Overview When someone says “Wal-Mart,” there are several ideas that probably come to mind; an idea such as “Everyday Low Prices,” Wal-Mart superstores, and that Wal-Mart is the biggest corporate giant in the world wouldn’t be too far fetched. However, Wal-Mart almost went bankrupt before it even started. Back in 1962, Sam Walton (the founder of Wal-Mart) probably never imagined that Wal-Mart would reach the astronomical heights that it has. In the beginning, Wal-Mart entered the discount retail industry when it was barely even a market, opening up locations specifically around the mid-west area.... [tags: Wal Mart Business ]
1784 words (5.1 pages)
- According to Marc J. Epstein (2008), to help understand what sustainability is in the context of corporate responsibility, [Epstein has] broken it down into nine principles. These nine principles… highlight what is important in managing stakeholder impacts (i.e. the impact of company products, services, processes, and other activities on corporate stakeholders). (p. 36). Evaluating a large company such as Wal-Mart against these nine principles can give eye opening clues to how much of a leader they are in meeting the needs of their current stakeholders, as well as forecasting and preparing for the needs of their future stakeholders.... [tags: Business Administration]
1070 words (3.1 pages)
- 1. Introduction Since it has been proven that an otherwise high performing company can experience a sudden overturn in fortunes, managers should be vigilant so as to prevent, or reverse, any unfavorable trend through adopting necessary organizational changes. According to Oslon, Van Bever & Verry (2008) study, notable companies underwent such an experience due to very specific reasons. Particularly, they identified premature abandonment of organizational core business as one of those reasons. This is precisely the case in Wal-Mart.... [tags: Organizational Issues]
2551 words (7.3 pages)
- Introduction Wal-Mart Stores Inc. is in the discount, variety stores industry. It was founded in 1945, Bentonville in Arkansas which is also the headquarters of Wal-Mart. Wal-Mart operates locally as well as worldwide. It operated 1209 discount stores, 1980 super centers, and 567 Sam’s Club by January 31, 2006. It has also extended its operations to many international countries. It runs its retail stores in two forms: Sam’s Club and Wal-Mart Stores. The Sam’s Club sells assorted product lines such as hardwares, electronics, jewelry, and to mention a few.... [tags: Strategic Management]
1002 words (2.9 pages)
- Before Wal-mart, the trend in the American workplace was to internalize the cost of doing business. American companies tried to compete with everything from higher wages, to better health care benefits, to limiting the work-week to 40 hours. In its ruthless pursuit of cheaper products, Wal-mart has reversed the trend, by externalizes its costs anyway it can. These costs are first explicit in nature, by receiving tax breaks to operate in some cities or the tax dollars that Wal-mart employees utilize for health care/public assistance.... [tags: Economics]
1305 words (3.7 pages)