Business Organization Management
NAME
:
RENEE WONG LI JING
STUDENT ID
:
1124819
COURSE
:
DIPLOMA IN CORPORATE ADMINISTRATION (DCA)
SUBJECT
:
BUSINESS ORGANIZATION MANAGEMENT
LECTURER
:
MR. JULIAN
Page 1
A) Nature of Business, Origins Introduction Walmart was founded in 1962 by Mr. Sam Walton. It is an American multinational retailer corporation, run large department stores and warehouse stores. It is the largest retailer and biggest private employer in the world with over 2 million employees. The company is the world's 18th largest public corporation, according to the Forbes Global 2000 list, and the largest public corporation when ranked by revenue. It is currently operating in 15 countries and has 8500 stores under 55 different names.The company’s winning strategy or mantra for success is “selling branded products at low price with good service to its customers”. Our Vision We envision a future in which our company treats us, the Associates of Walmart, with respect and dignity. We envision a world where we succeed in our careers, our company succeeds in business, our customers receive great service and value, and Walmart and Associates share all of these goals. Our Mission Walmart works to ensure that every Associate, regardless of his or her title, age, race, or sex, is respected at Walmart. We join together to offer strength and support in addressing the challenges that arise in our stores and our company everyday.
B) Organization Structure
Page 2
Walmart follows a Divisional Organisation Structure at the top level and a matrix organizational structure at the store level. Divisional Organisation Structure.
When a company expands to supply goods or services to a variety of customers, offers a variety of different products or are engaged in business in several different markets, the company could adopt a divisional organizational structure. A divisional structure groups its divisions according to the specific demands of products,
:
RENEE WONG LI JING
STUDENT ID
:
1124819
COURSE
:
DIPLOMA IN CORPORATE ADMINISTRATION (DCA)
SUBJECT
:
BUSINESS ORGANIZATION MANAGEMENT
LECTURER
:
MR. JULIAN
Page 1
A) Nature of Business, Origins Introduction Walmart was founded in 1962 by Mr. Sam Walton. It is an American multinational retailer corporation, run large department stores and warehouse stores. It is the largest retailer and biggest private employer in the world with over 2 million employees. The company is the world's 18th largest public corporation, according to the Forbes Global 2000 list, and the largest public corporation when ranked by revenue. It is currently operating in 15 countries and has 8500 stores under 55 different names.The company’s winning strategy or mantra for success is “selling branded products at low price with good service to its customers”. Our Vision We envision a future in which our company treats us, the Associates of Walmart, with respect and dignity. We envision a world where we succeed in our careers, our company succeeds in business, our customers receive great service and value, and Walmart and Associates share all of these goals. Our Mission Walmart works to ensure that every Associate, regardless of his or her title, age, race, or sex, is respected at Walmart. We join together to offer strength and support in addressing the challenges that arise in our stores and our company everyday.
B) Organization Structure
Page 2
Walmart follows a Divisional Organisation Structure at the top level and a matrix organizational structure at the store level. Divisional Organisation Structure.
When a company expands to supply goods or services to a variety of customers, offers a variety of different products or are engaged in business in several different markets, the company could adopt a divisional organizational structure. A divisional structure groups its divisions according to the specific demands of products,