WAL-MART FUNCTION OF MANAGEMENT

Wal-Mart Function of Management

Wal-Mart Function of Management

Introduction

The organizing function of management of any organization that usually results in the context of accountability, the power of authority, and organization of work. Within these organizations, the business with the current workforce, train staff, obtain resources, and motivates employees prolific team. The organization may also contribute to all tasks that organize individuals and groups in achieving the objective. Fixed assets, money, human resources, knowledge and technology are excellent examples of resources to assist in the development of the organization.

Wal-Mart is a force in the retail sector as the No. 1 company in competition with over 7,000 stores, including Super Centers, Sam's Clubs, and even stores that have moved beyond the United States, Canada and Mexico, as well. Wal-Mart, when measured by its total turnover, is the largest retailer - is measured by sales and income from shops use. Its main production areas are generally in support of its discounts and a variety of retailers, as well as electronics and technology retailers, pharmacies and drug stores and gasoline retailers (Hoovers, 2008).

Physical assets

Wal-Mart includes the physical assets within their organizations, which are designed in such a way as to allow the use of effective methods to manage these assets. These environmental factors are evident in a demonstration - and its retail price. This is important because in essence, if Wal-Mart has been less effective in managing their physical assets, will spend more money, and profits will decrease (due to lack of profit maximization), while its competitors chase the market. However, this is not the case of Wal-Mart. advocates of various consumer goods it offers, which are generally purchased, prices are so low, the behavior of other firms and maintaining their customers' satisfied signs are usually advertised deal of "spin", we all to see ...