scroll to top
Stuck on your essay?
Get ideas from this essay and see how your work stacks up
Word Count: 2,734
Strategic Audit of Wal-Mart Overview and General Performance - The Wal-Mart Corporation is divided into three segments those being Wal-Mart Stores Sams Club and the International Division The Wal-Mart Store segment is by far the largest sector of the organization actually accounting for 68 of sales based on figures compiled on Jan 31 2004 regarding sales figures from 2003 This area of business consists of all of the domestic business with the exception of Sams Club The beginning of Wal-Mart was the birth of a phenomenon that no one planned and no one expected Founder Sam Walton opened the first store in 1962 by introducing the first discount-shopping-department type store in a rural area His philosophy clearly was to bring affordable merchandise and products to people in rural places who might not have access to them otherwise This thinking proved to be incredibly successful and profitable Within seven years of the opening of that first store Wal-Mart became incorporated One year after that the first distribution center was opened and the corporation became public on the New York Stock Exchange By the year 2000 Wal-Mart earned the discount of Retailer of the Century Discount Store News Nov 8 1999 In addition the corporation became one of the Most Admired Companies in America Fortune Magazine as well 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 formal written mission statement because they believe that their primary focus is meeting the ever changing need of the customer By continuing to provide a way for people common folk to have the same access to brand name and popular products at a discounted price with stores in neighborhoods and other convenient locations Wal-Mart has become an American icon and institution Wal-Mart has essentially conquered the small-town Midwest farm communities of America and strives on continued public and customer service and positive contribution back
@Kibin is a lifesaver for my essay right now!!
- Sandra Slivka, student @ UC Berkeley
Wow, this is the best essay help I've ever received!
- Camvu Pham, student @ U of M
If I'd known about @Kibin in college, I would have gotten much more sleep
- Jen Soust, alumni @ UCLA