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what are all of the (ethic) internal and external ethical factors for walmart
Responding to Internal and External Factors; Wal-mart Analysis Abstract; this report examines the ways in which Wal-mart responds to internal and external factors such as globalization, new technology, innovation, diversity, and ethics. [ Wal-Mart is a successful industry giant, so it stands to reason that they are proficient at responding to internal and internal factors and thriving . In this
essay we explore Wal-Mart’s programs and initiatives and access if we could use their examples to learn from and grow as managers and business owners. There are various internal and external factors that affect the four functions of Management positively or negatively. Organizations need to pay close attention to these factors because it can enhance the company’s success when used appropriately. The most prevalent factors that management has to be concerned with in this era are globalization, new technologies, innovation, diversity, and ethics. Wal-mart is a big player in the nation nal and global market and must stay reactive to these internal and external factors to stay on top. Wal-mart is addressing each of these issues directly. Globalization has raised numerous questions about the credibility, leading to perceptions. Wal-Mart is one leading store serving millions of customers globally and continues to do so by opening more stores worldwide. Globalization has a great impact on the company. It has broadened their market structure and also increased profit margin. Even though the globalization expands Wal-Mart’s market it also promotes contenders. (Britt D., 2010). This competition will place demands from domestic Companies. It will force them to work harder and be innovative to be at par with Wal-Mart. Wal-Mart’s Globalization has led to job opportunities. Globalization constantly brings change in order to keep consumers with the times. Wal-Mart is one major organization that uses the four functions of management effectively. ]
Expert answered|mirajane|Points 60|
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Asked 8/4/2012 4:07:24 PM
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what are (ethic) internal and external factors for walmart
Weegy: Internal factors include biologicial and psychological factors like cognitive abilities personality whereas external factors includes family life, parenting and community resources. User: what are all of the (ethic) internal and external ethical factors for walmart (More)
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Asked 8/4/2012 3:55:53 PM
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what are all of the (ethic) internal and external ethical factors for walmart
Weegy: nternal and External Factors of Wal-MartIn 1962, Sam Walton opened the first Wal-Mart store and the retailing giant has been rising to success ever since. [ Various factors have played an integral role in the success of Wal-Mart, but without the strong execution of the four functions of management, Wal-Mart would have failed like many others. This paper will discuss in detail the how internal and external factors affect the four ... (More)
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Asked 8/4/2012 4:22:33 PM
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what are all of the (ethic) internal and external ethical factors for walmart
Weegy: Internal and External Factors of Wal-MartIn 1962, Sam Walton opened the first Wal-Mart store and the retailing giant has been rising to success ever since. [ [ Various factors have played an integral role in the success of Wal-Mart, but without the strong execution of the four functions of management, Wal-Mart would have failed like many others. This paper will discuss in detail the how internal and external factors affect the four ... (More)
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Asked 8/4/2012 4:31:17 PM
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what are the internal and external factors for ethics in walmart?
Weegy: Wal-Mart's orientation of new hires, ethical policies, benefits, admiration and recognition for good work, and open door policy are some of the strongest internal factors. [ A weakness is the company wide changes and directives that originate in the home office. Wal-Mart's opportunities are sustainability through recycling and green policies. A threat that they face is protecting their assets while preserving a positive image. ] (More)
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Asked 8/4/2012 4:40:32 PM
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What role does organizational responsibility and ethics play in the planning process?
Weegy: These days, organizational responsibility and ethics play a huge role in all aspects of a business, but planning is vital to the success of anything, and so is of paramount importance in this area. [ It was not that many years ago that the majority of businesses viewed having a responsibility towards anything other than their own turnover and profit margins as something only the goody two shoe businesses did, and ethics meant not ... (More)
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Asked 8/3/2012 4:26:56 PM
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