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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. ]
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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 functions of management. GlobalizationIn 1993 Wal-Mart formed their International Division which was crucial to their success because they needed to remain competitive with other industry giants. When Wal-Mart entered a new country, careful planning was conducted to meet the demands of that specific country. A recent special on the history of Wal-Mart showed their expansion into China. Wal-Mart?s president did not realize that most families in China do not own a washer and dryer. Therefore, Wal-Mart removed all their detergents designed for machine washing and replaced them with detergent especially for hand washing. ] User: what are all of the (ethic) internal and external ethical factors for walmart (More)
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Updated 181 days ago|6/23/2014 7:37:28 PM
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The internal and external ethical factors for Walmart is the globalization, new technology, innovation, diversity, and ethics.
Added 181 days ago|6/23/2014 7:37:28 PM
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 functions of management. GlobalizationIn 1993 Wal-Mart formed their International Division which was crucial to their success because they needed to remain competitive with other industry giants. When Wal-Mart entered a new country, careful planning was conducted to meet the demands of that specific country. A recent special on the history of Wal-Mart showed their expansion into China. Wal-Mart?s president did not realize that most families in China do not own a washer and dryer. Therefore, Wal-Mart removed all their detergents designed for machine washing and replaced them with detergent especially for hand washing ] (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 breaking the law (or at least not getting caught). These days, however, more and more attention is being paid towards having social responsibilities and ethics in the business world, possibly not due in all cases to a heightened sense of moral outrage, but to a heightened awareness of what customers will and will not tolerate in a business' actions. There has never been a greater demand for businesses, corporations and institutions to make themselves accountable for their actions and the decisions that they make, and successful businesses are aware that if they do not comply, their customers will go to a business that does. This means that all new ventures undertaken by any organization have to make sure that their actions will stand examination when their ethics are looked at, and so have to be planned very carefully. Years ago, Nestle came under a lot of scrutiny for the way that they marketed baby milk in third world countries. They actually persuaded parents by implication that it was better than breast milk, and many parents who could not afford it, bought it. This had disastrous consequences; many parents diluted the milk to make it go further and huge numbers of babies died from malnutrition. Nestle were aware of the situation and carried on regardless. It was only public outcry (over a long period of time) that stopped that practice. Incidents like this one have ensured that companies are more accountable and careful planning is needed to ensure that success does not come at any price. ] (More)
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Asked 8/3/2012 4:26:56 PM
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