Friday, October 18, 2019
Organizational Analysis on Wal-Mart Research Paper
Organizational Analysis on Wal-Mart - Research Paper Example The prime intention of the organization of Wal-Mart is to offer best products at lowest price so as to make its customers happy and contended. It mainly targets the customers of modest incomes rates but desiring to live a better life. Due to which, the organization expanded its operation by opening numerous stores in different countries. Wal-Mart comprises of almost 11,000 stores in more than 27 countries that helped the organization to amplify its customer base and distinctiveness in the market among others (Wal-Mart, 2014). The organization of Wal-Mart always desires to offer best quality of products to its customers in order to amplify their reliability and uniqueness in the market among many other rival players. This is done, in order to save the revenue of its target customers that may amplify its brand image and reputation. Moreover, by offering the products at a competitive price, the organization of Wal-Mart desires to enhance their life style and living standard to a significant extent. By doing so, the level of dependency and switchover costs of the customers might get reduced thereby amplifying their profitability and productivity of the organization of Wal-Mart among others. However, in order to become the leader in the segment of retailing, the organization of Wal-Mart need to offer best products at an effective price. Only then, it might become successful in amplifying its dominance and position in the market among others. But in order to fulfill the mission statement of the organization in an effective way, the human resource management offer significant concentration over certain areas such as planning, staffing, human resource development, compensation, employee relations, safety, security and risk management. This means, in order to offer best products, the organization tries to satisfy all the needs and demands of its employees effectively such as presenting
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