Walmart and the Elements of Business - 1486 Words

Walmart and the Elements of Its Business Molly Taylor American Intercontinental University Walmart and the Elements of Its Business The history of Walmart is quite interesting and goes all the way back to the 1960’s. Walmart was started by a man named Sam Walton and his brother. Mr. Walton had a degree in economics and used this degree to secure a management trainee position at JC Penny’s. With his degree and experience he gained working at JC Penny’s he, along with his brother, opened a Ben Franklin store. By the late 50’s they owned 9 Ben Franklin franchises. Mr. Walton and his brother had a vision to bring large retail stores with low, low prices to small towns. They took this idea to Ben Franklin franchise owners†¦show more content†¦It has been said in the recent past that Walmart says they treat their employees well but there have been cases recently where this was found not to be true unfortunately. Treating employees unfairly could have a negative economic impact on the community because if workers aren’t treated fairly then no one wants to work for the company that’s not treating their employees well. Which then has a domino effect because chances are, if that’s the case, then people will begin to bash Walmart driving consumers away to possibly purchase from other retailers. This would not be a positive economic environment at all and the chances of the business failing would be pretty good. To best maintain a thriving legal, social and economical environment Walmart needs to have in place a good management structure and for the most part I think they do. If they didn’t they would not have risen to be one of the largest retailers in the world over the past almost 50 years. They have a company-wide management structure that all stores abide by. This structure includes planning and promotions, goal setting amongst employees, organizing how operations flow on a day to day basis, directing its employees and controlling finances. In order to operate Walmart has to provide services to consumers and make a profit off providing these services. To do that Walmart must constantly stay on top of how the stores are run on a daily basis. To operate a business and beShow MoreRelatedSustainability in Australian Business: Principles and Practice1420 Words   |  6 Pagesin order to capture value from customers in return. (Kotler amp; Armstrong 2012, p. 5) This essay has been prepared to identify and understand the role of sustainabilty in marketing decision making and its impacts affecting current and future business operations. 1.1. Research Methods Data was collected based on qualitative research. Books, internet and online journals were used to identify different roles of sustainability in marketing. 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Academic Lecture Summary and Critique Free Essays

Academic Lecture Summary and Critique In his lecture that he gave on February 2006 in Oxford Sir Ken Robinson states that our school systems should not undermine creativity and it effect in our lives. In fact he believes that it should be as important as all core subject of education such as math and languages. Robinson believes that our children are being â€Å"educated out of their creativity† after having mentioned a few examples of how children are not scared of taking chances or being wrong, but when those children reach adulthood they have lost this amazing capability. We will write a custom essay sample on Academic Lecture Summary and Critique or any similar topic only for you Order Now Due to the fact that they are taught to think and live in a way suited to the corporate world that thinks of mistakes as taboo. It is important to keep in mind that Robinson did not undermine the importance of other subject he simply questioned if they are sufficient to grasp a good place in this unpredictable future. Robinson emphasized on the importance of intelligence in its three aspects â€Å"diversity† â€Å"dynamic† â€Å"distinct† he believes that our educational system should revolve on the development of children’s intelligence to its full potential. In my opinion, I think that sir ken Robinson shed some light on a very important issue in our global society. Even though his lecture didn’t have that academic touch to it, I sure enjoyed how passionately he spoke about the topic. In his own way Robinson, involved the audience in the conversation by posing rhetorical questions and by quoting daily life scenarios. What made his lecture more effective is that he quoted and mentioned people who had a big influence on this world due to their creativity likes of Picasso and Shakespeare. What I enjoyed most in his lecture is the unconventional method he used to highlight his main points in the audiences minds through humor. My only remark was that he did not give any solution. In the end sir ken Robinson finished with a big question that made the audience think he actually challenged the audience to think of a better world. How to cite Academic Lecture Summary and Critique, Essay examples

Reflective Article Analysis Informal Relation

Question: Write about theReflective Article Analysisfor Informal Relation. Answer: By reading the article, I gain a detailed insight of the various informal relation based networks, which are practiced in Korea. The article has illustrated that the popularity of the informal relation based networks in China i.e. Guanxi. However, the popularity of the Korean networks are analysed in details such as Yonjul, Yongo, and Inmaek, etc. It will helps in contributing to the advancement of the various types of knowledge about the influential contextual factor in the Korea. The rapid growth of Korean economy is responsible for the importance of the implications of the management practices in the different companies of Korea. I also learn many practices that the businesses of Korea used in their management. The study is based on the contribution of Yonjul, Yongo and Inmaek (Horak 2014). The practices are decribed in the perspective of international businesses and other norms related to it. I think that the Korean informal relation based networks are equally important like that of the Chinese cultures. References Horak, S., 2014. Antecedents and characteristics of informal relation-based networks in Korea: Yongo, Yonjul and Inmaek.Asia Pacific Business Review,20(1), pp.78-108.

Its Very Dark. So Dark It Almost Hurts My Eyes Just Straining To See I

It's very dark. So dark it almost hurts my eyes just straining to see into it. While I'm trying to peer into the darkness my eyes feel like they are glaring and squinting so hard they're just slits that I could hardly see out of anyway. They are actually willing themselves to see something-anything. They seem to scream out to my brain to conjure up an image just so they could prove they still work. I suddenly become aware that the blackness that surrounds me is deadly quiet, too. Shouldn't I be hearing something; why can't I see? Where in the heck am I? And what is happening around me? Am I dead? What was I doing just a few minutes ago? I can't remember a thing. Now this is beginning to scare me. How do I get out of here? Nothing moves around me. Everything is void and then I begin to drift slowly up and then away and now...I am....no longer...afraid. "Oh my God!" he says, "there's a woman in here--it looks like she's dead or close to it. Call 911, this just happened! Get the ambulance here fast. At least I think we need an ambulance." As Kate dials the cell phone in the car her hand shakes. She's never seen an accident before and just the aftermath is overwhelming. She's had more than one dream where she can't get the 911 number dialed into the phone. It seems so easy in the dream until it is time to actually do it. Then the phone is busy or she mis-dials or she just can't make her fingers go. Right now her hands are shaking and she's trying to remember exactly where they were when they came upon the accident scene. The operator will want to know that. Come on, answer, answer, answer! "Hello, yes, we've come across an accident on West Ferry Road about two miles out of town, north, no south of town, I think. There is one person in the car but she doesn't look too good. Please send an ambulance-quick! What? No, I'm not sure if she's breathing. Just a minute-let me check." "Jack, is she breathing? Can you get to her? The operator will help, if she can." "I can't hardly reach her everything is so twisted up and around her." As he tries to reach in to put a finger under her nose or detect any movement of her chest he feels a thick, sticky wetness that makes him stop for a second. What the hell? As he jerks his hand out he instantly knows what it is-blood and plenty of it. Oh, God, now what have I gotten myself into? You can't even help out at an accident scene these days without being afraid of hepitatis or AIDS. Just then he feels a slight movement and can see her head barely moving. She must be alive or maybe it's just involunatary jerking that follows death. "Kate, tell her I can't tell. There's an awful lot of blood, but I think there's a chance she's still alive. Hurry! Tell them to hurry! I'll stay here until they come. You just stay there on the line, if you have to." "Operator? We don't know, we can't tell. There's lots of blood, but we can't be sure. It looks very bad. Please hurry. We'll stay here until help arrives. Do I need to stay on the line? Okay, but tell them to get here quick. She really needs some help." As Kate stays on the line with the operator Jack begins to talk to this woman who probably just minutes ago was traveling down the road with not a hint of what was to happen, whatever it was. Did she dodge a deer, fall asleep, change a tape, or what?. She really wrapped it around this power pole and now seemed to be in a fight for her life. Was she aware of what had happened or what was happening now? Probably not--that gash on her forehead lookes pretty horrible and deep. Maybe she's brain dead. Wonder if she had a donor card? Do the paramedics check for that before they leave the scene? As these thoughts raced through

history of auto essays

history of auto essays The making of automobiles started in the year 1770. In 1770 a man named Nicholas Joseph Cungnot from France built a large steam-driven vehicle. The vehicle didnt last long because the vehicle could only be driven for 12 to 15 minutes before running out of steam and the vehicle was too heavy and had poor balance and made it difficult to steer. Nothing more had been done until in the 1784. In 1784 James Watt made a patent on a steam carriage, but nothing became of it. Then in 1785 John Fitch invented a steam-propelled boat in New Jersey. And then in 1786 he organized a company to build the steam engines and then even built a model of a road vehicle with an engine but committed suicide before anything came of it. In 1787 Oliver Evans put a patent on a steam engine in Maryland, for the use in land transportations. In 1791 Nathan Read got a federal patent for a high pressure boiler and improved cylinder. And began to make plans to apply this to a land carriage. In 1792 Oliver petitioned the American government for a patent on a reciprocating engine plus a rotating engine and boiler-enclosed furnace, but it was unsuccessful. In 1797 Richard Trevithick began to work on a high-pressured steam engine in England. And James Watt opposes his work, he felt that it is publicly hazardous. And then in 1801 Cirnishman Richard Trevithick built a steam carriage. This carriage held several people and went 5 to 6 mile per hour uphill and 8 to 9 miles per hour on flat land. But cought fire and was destroyed. In 1803 Richard built an improved steam carriage, which was shipped to London. It was drove around London and reached to speed of 8 to 9 miles per hour. But then funding for it ran out and the engine was sold. And then in 1804 Oliver Evans was granted and American patent for his steam engine to power boats and land carriages. He put in a newspaper and began to publicly sell the ...

Eliminating Superfluous Phrases

Eliminating Superfluous Phrases Eliminating Superfluous Phrases Eliminating Superfluous Phrases By Catherine Osborn In classes I have taught, students lean towards using phrases that they think make them â€Å"sound smarter† but end up making their work wordy and clunky. By streamlining your sentences and cutting out a few phrases, you can communicate your point much more effectively. For example, here is a list of some that crop up frequently: â€Å"Needless to say†¦Ã¢â‚¬  If it’s so needless to say, then why are you saying it? â€Å"It goes without saying†¦Ã¢â‚¬  Same problem here; easier to get right to your point â€Å"For all intents and purposes†¦Ã¢â‚¬  Again, this could easily be cut and your sentence would begin with exactly what you intend to say. â€Å"In light of the fact that†¦Ã¢â‚¬  You could easily just say â€Å"Since†¦Ã¢â‚¬  Clear concise writing applies to all genres and helps your audience understand your point without being bogged down. Here are some quotations from newspapers that illustrate the cumbersome use of those phrases: Payne, who turns 70 in October, will be succeeded by Fred Ridley, 65, a former U.S. Amateur champion and U.S. Golf Association president who has served as chair of Augusta National’s competition committee. The change becomes effective Oct. 16, although for all intents and purposes, Ridley is now in charge, taking over a vital leadership role in golf at a time of transition and challenge for the game throughout the world. USA Today It goes without saying that Democrats would view President Trumps North Korean negotiations quite differently than Republicans, but I was honestly surprised by the strong negative reaction of Trump critics on the right. USA Today Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Writing Basics category, check our popular posts, or choose a related post below:Dialogue Dos and Don'ts8 Proofreading Tips And Techniques150 Foreign Expressions to Inspire You

Case Study on McDonalds Example | Topics and Well Written Essays - 500 words

On McDonalds - Case Study Example The business model implemented has enabled the firm to consistently offer restaurant experiences that are relevant to the local customers and become part of the local communities. A swot analysis of McDonald’s is as below. McDonald has developed a very strong global grand and is highly ranked by Fortune Magazine in its category. It has also successfully portrayed itself as community oriented and socially responsible company that caters for the different cultures it serves. Strong global market presence is another key strength that is barked with the franchise business model that has made it easy to expand and manage the vast locations without much ease. The company’s location strategy also works for its business i.e. most stores are excellently located in parks, airports and Wal-Mart stores as well as other prime places. Its adherence to guidelines on safety of food and provision of nutritional information to its customers also helps in growing customer intimacy. A major weakness of McDonald’s has to do costs of doing business; it has to expend lots of money on training as a result of high staff turnover. It has also concentrated a lot on the fast foods such as burgers instead of the more healthier and organic food types. Its franchise model of operation also faces concerns to with quality as the different franchise owners may not offer the same level of quality. A concern to investors arises from the large variations in the company’s profits while its limited variation of seasonal foods impacts on customer confidence. McDonald’s therefore needs to address these weak points in order to maintain its brand recognition. Due its global position and the franchise business model the company has unique opportunity to further expand to every part of the globe. It can also grow its image by responding fast social changes and customer demands in terms of health. Its Wifi service