Business Mangaement Chapter 14
Chapter 14 Discussion Board Summary of Walmart Management
1. Summarize in a 2-3 page response an essay that combines and addresses the various items that you researched in the previous discussion boards.
2. Prepare an additional 1 paragraph response, as to what you found to be the most interesting facts you discovered.
Document all sources in text and in a works cited.
These are the items I researched about Walmart
1. Explain how the dimensions of the
general environment impact Walamrt, examples within each of the six areas: international, technological, sociocultural, economic, natural, and legal-political.
2. Walmart global operations. Where do they operate? What is the scope of their operations abroad? developing a training program to acclimate a US based manager for a position in one of the locations outside the United States, where the company operates. What types of items would you consider? Be specific regarding language, religion, cultural norms, business practices and other key considerations you can identify. In a full paragraph response provide a comparison of the United States and Walmart, along the various dimensions of Hofstede’s cultural dimensions. You need to reference specific numerical values. For example: Power Distance 34. Note: You can enter multiple countries and compare them on the website. Put the United States in and compare it to your chosen country.
3. Walmart commitment to Social Responsibility. What initiatives (Programs) are evident based on researching Walmart’s commitment to the various stakeholders?
4. Please research Walmart’s mission, vision and value statements. They could have different names for these statements depending on the company. Be sure to provide the statements in their entirety, along with an explanation as to what these statements say about the companies commitment to their stakeholders. Explain how top managers use these statements to develop the corporate strategy.
5. Assume you are organizing the structure of your particular company. Consider a functional approach. First, determine the functional areas, that would be relevant to Walmart. Second , draw the chart. Third, explain the rationale for your chart design. Show multiple management levels. Do not include names of actual people in positions. Consider a divisional structure. Remember a divisional approach can be based on many types of departmentalization. First , consider geographic segments, product segments, customer type considerations. Second, draw the chart. Third, explain the rationale for your chart design. Do not include names of actual people in positions.
6. Provide a full paragraph biography on each member of the Board of Directors for Walmart. Include pictures. The company website is a good source. Note: The Board of Directors are not the Key Executives, with the exception of the CEO in most cases. Based on the photos and backgrounds, how diverse do you feel the Board of Directors is? Consider the female/male makeup, the ethnic make up, age and the different races of board members. Does Walmart have a webpage(s) that addresses diversity. You may have to dig a little to find this. Sometimes there is a tab in there commitment to stakeholders or social responsibility sections. Try a search once on their main webpage for diversity. Explain the companies commitment to diversity, including some of their
specific diversity programs.
7. Provide a multiple paragraph biography on the CEO of your company. Include specifics on past positions within the company and at other companies prior to joining their current company if this applies. Also include any memberships on other boards. Include a picture if possible. The company website is a good source for the picture. Bloomberg is a good source of a very comprehensive biography. Do a google search
Bloomberg Bio (Your CEO’s full name) Do research on the CEO’s current compensation. CEO’ are often paid various forms of compensation. do not simply provide a dollar amount.
