Strategic Audit of Wal-Mart

Strategic Audit of Wal-Mart Overview and General Performance - The Wal-Mart Corporation is split up into trio incisions, those being Wal-Mart Stores, surface-to-air missiles Club, and the International Division. The Wal-Mart Store segment is by remote the largest sector of the organization actu eachy accounting for 68% of gross sales (based on figures compiled on Jan 31, 2004 regarding sales figures from 2003). This compass of business consists of alone of the domestic business with the exception of Sams Club. The blood line of Wal-Mart was the birth of a phenomenon that no oneness planned and no one expected. Founder, Sam Walton opened the get-go store in 1962 by introducing the first discount-shopping-department type store in a rural area. His school of thought clearly was to bring cheap merchandise and products to people in rural places who might not have access to them otherwise. This thought process proved to be incredibly successful and profitable. Within seven years of the col of that first store, Wal-Mart became incorporated. One year subsequently that the first scattering center was opened, and the corporation became public on the New York germinate Exchange. By the year 2000, Wal-Mart earned the discount of retail merchandiser of the Century (Discount Store News, Nov 8, 1999).

In addition, the corporation became one of the much or less Admired Companies in America, (Fortune Magazine), as soundly as one of the 100 Best Companies to Work For, (Fortune Magazine). In spite of all of these accolades, Wal-Mart has not developed a evening gown written military mis sion statement because they believe that the! ir elemental focus is meeting the of all time changing pauperisation of the customer. By continuing to provide a way for people, prevalent folk, to have the same access to give away name, and habitual products at a discounted price, with stores in neighborhoods and other satisfactory locations, Wal-Mart has grow an American icon and... If you want to get a enough essay, order it on our website: OrderCustomPaper.com

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