blog




  • Essay / An Inside Look at the Wal-Mart Company - 1688

    Mission and GoalsIn 1962, Sam Walton opened the first store, Walmart, in Rogers, Arkansas. Walton financed 95% of the company. Since then, his vision was to save people's money so they could live better. For more than 40 years, until today, with thousands of stores around the world, the same mission has driven the company. Walmart's mission statement and advertising slogan are: “People save money and live better; If we work together we will lower the cost of living for everyone, we will give the world the opportunity to see what it means to save and have a better life. » To fulfill its mission, Walmart has developed unique solutions. rules and procedures:1. Open door rule: Employees at all levels can have the opportunity to discuss their concerns with their superiors2. Sunset Rule: Respond to people and employees within 24 hours without long delays3. Grass Roots Process: Open to suggestions and new ideas from employees4. 3 fundamental beliefs and values: respect for the individual, service to customers and pursuit of excellence5. 5 Foot Rule: Make eye contact and assist customers who approach within 10 feet6. Servant leadership: managers are there for their team at all times7. Walmart Cheer: Walton's morale-boosting song The result of these processes proved that this mission allows Walmart to help customers afford what they need and support a family. Key Financial Metrics Chart – This metric shows Walmart’s sales and success over the years. Affordability is an important factor in today's economy. Therefore, in pursuing this mission, Walmart combines the dual roles of a retail store and responsibility as a community member to help people get valued, good quality products and have a middle of paper... ... 14. "Security." Walmart GRR 2012 –. Np, and Web. April 3, 2014. “Sam Walton.” Walmart Company. Np, and Web. April 3, 2014. “Sam Walton Biography.” Bio.com. A&E Networks Television, and Web. March 31, 2014. .Sellers, Jeff M. “Deliver us from Wal Mart? ". Christianity Today 49.5 (2005): 40-45. Academic research completed. Internet. April 1, 2014. “Walmart Canada – Corporate Information.” Walmart Canada – Company Information. Np, and Web. April 3, 2014. “Walmart Ethics.” Walmart Ethics. Np, and Web. April 2. 2014.