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Essay / Research Paper Abstract
A 7 page paper that provides specific information about Wal-Mart beginning with an overview of the business and the business model Wal-Mart uses. Financial performance and profitability are discussed as key performance indicators. The bulk of the paper is supposed to be a report for improving the company's key performance indicators. Since Wal-Mart is on the cutting edge with information technology and has huge net profits, the writer discusses labor relations as one indicator that could be changed. There are more employee lawsuits filed against Wal-Mart than any other company. The writer presents a plan that involves a public relations campaign to change the company's policies on wages and benefits and also in answer to the gender discrimination charges. Bibliography lists 7 sources.
Page Count:
7 pages (~225 words per page)
File: MM12_PGwlmr.rtf
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Unformatted sample text from the term paper:
Carrefour, Royal Ahold, and Kroger, put together (Biesada, 2004; Wikipedia, 2004). Wal-Mart has 4,800 stores, which includes 1,475 discount stores, 1,750 SuperWal-Marts (these stock groceries), and 540 Sams Clubs
(warehouse stores) (Biesada, 2004). While 982 of its stores are outside the U.S., 75 percent of Wal-Marts stores are in the United States (Biesada, 2004). Wal-Mart holds an 8.9 percent
market share in the retail industry (Wikipedia, 2004). Wal-Mart also owns 37.8 percent of the Japanese company The Seiyu Co., Ltd. and it holds an option to buy more than
60 percent of that company Wikipedia, 2004). a. Business Model Wal-Marts business model is described as a "low-price, low-wage, globally-sourced business model" (UC Santa Barbara, 2004). Their business model
is reputed to allow the company to have "precision control of manufacturing, inventory, and distribution" (UC Santa Barbara, 2004). They have achieved this by always taking advantage of advanced telecommunication
technology from the beginning (UC Santa Barbara, 2004). Wal-Mart is an innovative leader that has changed how business is conducted in this industry (UC Santa Barbara, 2004). The company also
has a career path system for employees whereby talent is recognized and encouraged with their different leadership training programs (Sullivan and Zaino, 2004). Although this company has certain kinds of
labor problems, their career path for employees could be considered a key performance indicator. They have a 45 percent turnover rate, which is good for the industry and especially good
for Wal-Mart since it was 70 percent in 1999 (Bianco and Zellner, 2003). g. Financial And Budgetary Performance One of any companys key performance indicators is its revenue and
profit level. Total revenue for 2004 was (in mil) $256,329.0, reflecting a 4.85 percent sales growth; net income was $9,054.0, representing a one-year growth of 12.6 percent (Biesada, 2004). With
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