What are the management strategies of Walmart company?
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In terms of business unit strategy, of Porter's generic strategies, Walmart is attribute the "Low Cost" strategy instead of the differentiation or scope/niche strategy. \n  In terms of functional operational strategies, they are pursuing value chain optimization, service, marketing strategies which all have their own jargon.  In terms of international strategies they tend to pursue "Direct Investment" strategies where they prefer to build or buy their expansion rather than partner with existing firms.
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Personally, I think Walmart is nothing but a greedy corporate giant that doesn't care about anything but making money. They treat their employees like crap(I used to work there) and have the worst benefits you can think of. If it wasn't for other stores being so far away I wouldn't even shop at Walmart, but the Walmart in my town is only about a mile away. I really have no choice. I don't like it, but I do it anyway. :(\n\nI can't stand Walmart!!!
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1)MODERATE they will make lots of money but if they are doing it for a good cause they may be able to be persuaded!\n\n2)VERY HARD they are the Maker way of travailing between countries, you see how hard it is when they stop for just a day the country is basically closed to the rest of the world!!! in summery NO CHANCE!!!!!\n\n3)HARD they wont move without a LOT of persuasion and even then they probably won't!!! Think of Wal*mart closing for ever!!! D'ya think they would close 'cas i said pleas can you close all your stores for me!!!!\n\n4) EASY (UNLESS THEY ARE STUCK UP, V.HARD) they are normally quite nice and will give up for the grater good of man!!!
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Inventory management!\n\nA store updates inventory when they get items in and then as they are sold, they are scanned at the checkout line.  This way the computer knows how many are in stock less estimated shrinkage(theft) and can automatically re-order without needing to physically count the ones in stock and constantly monitor remaining inventory. Became mainstream because of Walmart's well-known automated inventory technique, they refused to inventory any items that did not have UPC and now pretty much everything you buy has it. isn't technology wonderful?\nhope this helps
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Retail Success Story \nContrary to popular belief, Sam Walton (the founder of Wal-Mart) was not from Arkansas. He was actually born in Kingfish, Oklahoma on March 29, 1918. He was raised in Missouri where he worked in his father's store while attending school. This was his first retailing experience and he really enjoyed it. After graduating from the University of Missouri in 1940, he began his own career as a retail merchant when he opened the first of several franchises of the Ben Franklin five-and-dime franchises in Arkansas. \nThis would lead to bigger and better things and he soon opened his first Wal-Mart store in 1962 in Rogers, Arkansas. Wal-Mart specialized in name-brands at low prices and Sam Walton was surprised at the success. Soon a chain of Wal-Mart stores sprang up across rural America. \n\nWalton's management style was popular with employees and he founded some of the basic concepts of management that are still in use today. After taking the company public in 1970, Walton introduced his "profit sharing plan". The profit sharing plan was a plan for Wal-Mart employees to improve their income dependent on the profitability of the store. Sam Walton believed that "individuals don't win, teams do". Employees at Wal-Mart stores were offered stock options and store discounts. These benefits are commonplace today, but Walton was among the first to implement them. Walton believed that a happy employee meant happy customers and more sales. Walton believed that by giving employees a part of the company and making their success dependent on the company's success, they would care about the company. \n\nFor more informatin click the below URL:
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As with ALL managers, REMEMBER your people !!!!!  They are what make you strong,   Depend on their knowledge, listen to them, don't be over-bearing.\n\nYour people know more about  their job than you do.  Listen to them.  Don't be too proud to ask them why they do what they do.  Let them explain it to you.....LEARN from then.  Respect them!!!!!
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I would invest in Wal-Mart.  They have the lowest prices in the retail sales market.  They are expanding at record speeds and have excellent benefits for their employees.  I actually work at Wal-Mart and I love the place so much that I won't shop anywhere else.
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I personally respect Lowe's more; Wal-Mart is the largest company in the world and so could have a less than personal attitude towards their employees.
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customer service/relations is my background. good customer service is the cornerstone of any business.  the rule to remember is if the customer stops shopping or calling, there goes the business.  i remember each experience i've had with an associate good or bad, and unfortunately today, customer service training is not provided. the functions and tasks of the job are taught, but no one tells the employees the customer is the reason they've got their jobs. since you mentioned walmart in your scenario, walmart is one place that i've received and seen the worst customer service although a huge banner is displayed stating "we love our customers".   the best way to make or break a business is by its customer relations and the customer's word of mouth.  i don't mind the pleasant banter as long as the cashier can work and talk.
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know your empolyess and respect them. they are what keeps the buisness running not management.. remeber that. if it wasnt for them you wouldnt have a job!
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Walmart is an evil corporation that sells shoddy merchandise to Americans.
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http://hebgrocery.com/aboutHEB/careers.jsp\n\nnothing specific...sorry.  I'm in SA so I actually know what ur talking about.  All I do know, however, is that HEB employees stay there much longer than WalMart employees. lol
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The best strategy for achieving success in any business is to look at your business through the eyes of potential customers:\n   \n*Why would I want their product or service?   \n*Why would I do business with this company?\n*How would I want to be treated?\n*How would I want my account to be serviced?\n*Why would I continue doing business with this company?\n\nAddress those issues, and always view your company through your customer's eyes, and you will have a head start on being successful.
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Walmart is truly an equal opportunity employer.  They hire all faiths, colors, cultures, the handicapped, the aged.\n\nMany other "equal opportunity employers" pick and choose who is equal in their own minds.
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Here are a few things you can do:\n\nName: <name of the store> Billing and Stock Project Management and Analysis\nProject help: search on google for project analysis and reports; project management - and you will find so many links there to help you.
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They should not be stopped from operating, but they should be unionized. So should Wally World.  \n\nYou go try working at Walmart or a sweat shop, and then you tell us what you think.\n\nJust go talk to some people at Walmart. Not a few, but get a good sampling.  I did.  And I came away with the impression that walmart not only treats its workers poorly,  but they intimidate and bribe them.  They divide and exploit them.
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Ask what the future direction(goals) are of the company and then what strategies they have implemented to achieve their goals.\nAsk about individual products, success and failure or fixable flaws.\nAsk about the supply procedures they have in place and maximum amount of product they can output.