The Modern Organizational Context

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THE MODERN ORGANIZATIONAL CONTEXT

The Modern Organizational Context

The Modern Organizational Context

Part A

Wal-Mart - Organization Overview

Wal-Mart Stores Inc. is a global American Retail Group; the major part of the U.S. market dominated one. Wal-Mart is in the list of Fortune Global 500 number one of the largest companies listed on the world. Wal-Mart employs over two million employees, making it the largest private employer in the world. The turnover of Wal-Mart in fiscal year 2009, climbed from the previous year by 1% to 405.6 billion U.S. dollars. The profit rose by about 7% to 14.3 billion U.S. dollars. The company name is derived from its founder Sam Walton at (Wal Mart's ton). On 2 July 1962 Sam Walton opened his first Wal-Mart in Rogers (Arkansas), after its first store in 1950, a Dime & Nickle Store at Town Square, the small town of Bentonville, Arkansas had opened. Wal-Mart has 3702 branches in the U.S. and is also more investment in Mexico, Great Britain (Asquith Dairies), Japan (Seiyu), Canada and the People's Republic of China represented, while markets in Germany and South Korea in 2006 were abandoned. In Mexico, Wal-Mart, through its subsidiary Walmex operates.

Considerable changes have been made by Wal-Mart, as a market itself they are now committing towards a social concept of being green. For years, the giant retailer was criticized for low remuneration for its workers, limited benefit offering, employees exploiting at workplace around the organization, and discrimination of gender. Wal-mart has trail as a liable corporate social reputation, with realizing significant saving.

Economic and Social Factors

Economic

Economic components are an issue of anxiety for Wal-Mart since they influence exactly buying behaviour of customers. While the UK Treasury, was announced officially in a recession in 2008, a significant decrease in concern of the types of government help to minimize increase in job losses during the year 2009 (Euro-monitor, 2010, p . 1974-1985).

Social

The society of Britain study, and their result shows that there has been young people are more who are living with the baby boom part of demography (Journal of Scotland, 2010). At the beginning retailers were very disappoint by the consumers, because they are consuming a very less amount. One of the reason to consume less is because they not in to travelling, they do not like to travel to the malls and shops, as they the older people are not interested in to travel because of the young generation. However, there is little supply is recommended to be ineffective and costly.

Environmental

Environmentally responsive, abridged housing is encouraged by the Government. Because the buyer's perception of the carbon footprint of the company, Wal-Mart has supplemented the facts and figures of the carbon footprint of dairy products, potatoes and orange juice extract, and aims to raise bread and non-food items in 2010 (Wal-Mart, 2010, pp 45-55). Wal-Mart has submitted its plan of green living to provide advice to buyers on the environment, which includes how to reduce food waste and carbon footprint in the organization of feasts (Yuthas, 2009, ...
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