...leadership skills and to compete for higher-level positions. Historically male dominated industries such as Engineering and Information Technology seem to be seeing more women managers. I believe that corporations that have diversity have more innovation and are more efficient as a result, so they should be more profitable. One of the top leading non-profit organizations is Catalyst, it was established in 1962 by Felice Schwartz to promote diversity and inclusion for women in the workplace (Wikipedia). According to the Catalyst website (www.catalyst.org ) it’s mission is expanding opportunities for women and business. Catalyst conducts research globally and provides it to the public, the media and it’s members to enable businesses and women to jointly succeed. They partner with universities as well as corporations and their case studies are referenced by the top business journals such as the Harvard...
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...Wal-Mart MKTG305-06 Marketing Management Abstract Wal-Mart is a Fortune 500 international country with 5,651 stores in 26 countries. Wal-Mart is located in different countries, possibly under a different name. This paper will discuss the four Ps of marketing and any differences observed in making this company international. Wal-Mart Wal-Mart is a Fortune 500 international business. Wal-Mart employs 780,000 associates in 5,651 stores in 26 countries. The main corporate office of Wal-Mart is in Bentonville, Arkansas. Wal-Mart first opened in Rogers, Ark in 1962. The idea of discount retailing was not new, but Sam Walton, the founder, wanted a new type of store. To only name four countries in which Wal-Mart stores can be found Argentina, Honduras, South Africa, and Swaziland, but they may be seen under a different name in each country. In Argentina, Wal-Mart may be known as Changomas. In Honduras, Wal-Mart may be seen as Centroamérica. In South Africa, Wal-Mart may be seen as Massmart. In Swaziland, Wal-Mart may be seen as Massmart (Wal-Mart, 2012). The Four P Components of the Marketing Mix were Product, Place, Promotion, and Price. The product is the items or services the company sales. The place is the location of the company. The promotion is the ads used to sale the products or service to the customers. The price is the amount of money that the customers are willing to pay for the product or service while the company can still make money. The Evolution...
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...of the two stocks I strongly believe that FIT will underperform the S&P 500 and CBG will outperform the S&P 500. I believe that CBG will outperform the S&P 500 in the coming fiscal year based on the firm’s strong background, prior history, and comparative advantage. I believe that FIT will underperform the S&P 500 in the coming fiscal year due to its recent stock decline, lack of innovation, and the credibility of its well-known competitors. CB Richard Ellis Group Inc., or simply CBRE, is a worldwide real estate services & investment firm that serves real estate owners, investors, and occupiers throughout the world. In short, CBRE offers strategic and execution advice for a multitude of real estate properties and investments. According to CBRE’s website, “CBRE consists of 70,000 professionals whom provide outcomes for clients in 60+ countries”, based off this information it is clear that CBRE is an enormous firm that is continually expanding and improving. According to CBRE’s official website it had substantial revenues of around $10.9 billion. Based on the company’s recent history it’s quite evident that CBRE is one of the most dominant firms in its field for numerous reasons. For one, its size, CBRE Group, Inc. is the world’s largest commercial and real estate services and investment firms. Not only is this firms size quite impressive but its history is as well. CBRE has been a part of the fortune 500 since 2008 and for the past 15 consecutive years has been voted industry’s...
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...Activities of Value Chain in Wal-Mart Wal-Mart is one of the leading Fortune 500 companies, which is spread across the globe. It is perhaps the largest retail chain which deals with everything from food to consumer electronics. In terms of the revenue generated, it leads the fortune 500 companies like GE and Microsoft. Simply put, it has everything a homemaker can ever think of. Affordable price range coupled with aggressive online and market strategy has led to wide acceptance for Wal-Mart in towns and cities alike. Wal-Mart is probably the only largest fortune 500 corporations in the world, which directly services the common man. The major point is that all of these activities have to be in sync in order for the value chain to operate effectively. The support activities is not bound to any of the primary activities, but is supposed to serve them, the first step in analyze of intern resources is to identify how the company’s different activities makes the foundation for its competition strategy. Supportive Activities: 1. Firm Infrastructure: There are 2485 Wal-Mart stores all over the world. This includes 682 Supercentres, 457 Sam’s Clubs, 5 Wal-Mart Neighbourhood Markets and 1007 units of Wal-Mart International. Wal-Mart serves over 100 million customers weekly worldwide. There are 1035000 associates, and the company is America’s largest private employer. Wal-Mart is run from a national headquarter. The headquarter takes care of orders, and every local store has to report...
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...the treatment of its employees. More specifically Olsson goes on to point out the success that Wal-Mart has achieved; the questionable practices involved in preventing employees from unionizing; and lastly the quality of life of the underpaid and overworked employees of Wal-Mart. According to Olsson Wal-Mart’s growth from a single retail store in 1962 to 3,372 stores as of 2006; is owed to the visionary and founder of Wal-Mart, Sam Walton (608,611.) To better understand the mentality of Wal-Mart in its current state of questionable staffing and pay you first have to understand how this company originated. As Olsson explains it Walton who constantly looked for ways to maximize profit and minimize expenses based his business on a fairly simple yet successful business model. That model being one in which high sales volume at lower prices generates greater profit margins. Walton’s frugality extended beyond just the selling of goods and making profit. He looked for ways to keep overhead down, payroll down, and even the personal indulgences a CEO of company might typically have. Olsson paints this very image of Walton: “The company grew, in no small part, by . . . frugality—a habit that started with Sam Walton himself, who drove an old pickup truck and shared hotel rooms on company trips and insisted on keeping the headquarters . . . plain as possible” (611). As you can see from the infancy of the company to the maturation of Wal-Mart frugality has been ingrained into the psyche of...
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...Business System University of Phoenix December 8, 2014 With over 11,000 retail stores in 27 counties and over 2.2 million employees, Wal-Mart is one of the only three companies who have risen to the number one spot on the fortune 500 list since 1954. (Jones, 2007, p. 13) As an employee of Wal-Mart for over five years, as well as the desire to obtain a degree in business learning how the company operates interests me. As with any business, Wal-Mart’s goal is develop strategies that will help the company increase its advantage over competitors. To do this successfully Wal-Mart has to develop a business system in place to maintain competitive. This system include Wal-Mart as a commerce, occupation and organization. Wal-Mart as a commerce produces good and services to help its customers meet their everyday needs, such as food, clothes and medicine. They offer products that are in demand and at a value that customer are willing to trade for. Wal-Mart constantly develop incentives to keep their customers, such as price match, saving catcher and rollback. These all describe the law of demand, when a customer is buy more of a product when it falls and less of it when is rises. ( Jones, 2007,p.14) Wal-Mart is a business centered on the intent to make a profit for exchange which is determined by the market and margin of products. Wal-Mart as an occupation employees over 2.2 million employees...
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...“THE FORTUNE 500” The Fortune 500 is an annual list compiled and published by Fortune magazine that ranks the top 500 U.S. closely held and public corporations as ranked by their gross revenue after adjustments made by Fortune to exclude the impact of excise taxes companies incur. The list includes publicly and privately held companies for which revenues are publicly available. The first Fortune 500 list was published in 1955. 1) Walmart, is an American multinational retail corporation that runs chains of large discount department stores and warehouse stores. The company is the world's third largest public corporation, according to the Fortune Global 500 list in 2012, the biggest private employer in the world with over two million employees, and is the largest retailer in the world. Walmart remains a family-owned business, as the company is controlled by the Walton family, who own a 48 percent stake in Walmart. It is also one of the world's most valuable companies. Headquarters: Bentonville, Ark. Revenue: $469.2 billion Profit: $16.9 billion 2013 rank: 1 Wal-Mart and ExxonMobil have traded the top spot back and forth several times, but the world’s largest retailer comes out on top this time despite a year rife with controversy: It faces accusation that its Mexican subsidiary bribed government officials in order to expand locations there, and the probe has since expanded to Brazil, India, and China. Nevertheless, the retailer operates a multinational empire, with 10...
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...Organizational Planning Mario S Surla MGT/521 April 9, 2014 Donald Ratliff Organizational Planning Wal-Mart is an American multinational retail corporation and the top retail store with the lowest prices in the world. It is the biggest private employer and the largest public corporation with over two million employees worldwide. There are approximately 245 million customers and members that visit Wal-Mart each week, globally. It has stores in 27 countries and sales in 2013 were $466 billion. Wal-Mart’s mission statement of having the lowest prices is consistent with controlling cost, innovation and continuous improvement (Fortune 500, 2014). One of the strategic plans of Wal-Mart is to bring back “Made in America” products (“Time”, 2014). One of the reasons for having low prices is because Wal-Mart’s global out-sourcing. Goods and products that are made and bought overseas are cheaper. However, higher and increasing shipping costs, high global oil prices and wages overseas, translated to costlier fuel for ships and airplanes. There are also supply interruptions overseas as the middle class is growing and local demands are increasing in developing countries. This prompted Wal-Mart to re-evaluate its sourcing ways on variety of products. As you know, Wal-Mart does not produce goods or products but this giant retailer is playing a part in the manufacturing rebound in the U.S. It promised to buy $50 billion of U.S. goods over the next 10 years...
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...monitored their progress, they could see some of their mistakes and correct those mistakes, such as paying attention to the economy of the country they are operating in. “Walmart’s approach to technology innovation is to start with the customer and the business process — and then see how technology can help, said the retail giant's Chief Information Officer Rollin Ford” (Garry, 2010). One idea for planning the advancement of technology was to ask employees for their input. They were asking 2.1 million employees for suggestions on energy management, and saved over $1 million dollars (Garry, 2010). In June 2007, Walmart announced “a series of financial services to its customers, through Walmart Money Centers (check cashing, bill payments, and international money transfers). Also, Walmart will issue a Walmart MoneyCard, a prepaid Visa card, which will cost $8.95, for buying gas, and for shopping online. Financial services are a new growth area for Walmart” (Maital, 2008). The innovative planning and organizing of financial services to its customers seems to be a success with the younger generation. Walmart’s diversity is slightly above average, according to the Hispanic Business Magazine. “Diversity and inclusion to us is a business imperative," said Donald Fan, senior director of...
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...The Effect of Offshoring on Business Charles Taylor ISTM 5002 Communication Skills for Today’s Information Technology Leader 2819 Admirals Walk Drive East Orange Park, FL. 32073 Telephone: 904-269-1336 Email:ctaylor108@capellauniversity.edu Instructor: Susan Duff Introduction Offshoring also known as offshoring outsourcing is a term which came to use more than a decade ago to describe a practice among companies located in the United States of contracting with companies outside of the US borders to perform services which could have been provided by in-house employees. In today’s globalized world outsourcings are used by companies as a means to lower labor cost and increase profits. This practice is not something new, before the internet and before business decided to globalize outsourcing for them was contacting a local temporary employment agency. Now in the 21st century a great majority of US companies has outsourced their call centers to India and other third world countries in an effort to reduce operation cost. The question is has offshoring improved customer service or hampered customer service. The biggest disadvantage with offshoring is loss of knowledge, cultural issues, potential security issues, language barrier, finding qualified personnel, local infrastructure, control and flexibility offered by local law and greater effort for knowledge transfer and process setup. Analysis India call centers help US companies cut overhead costs by decreasing...
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...Name Your_id.pgpm15c@greatlakes.edu.in +91 9999999999 Name Your_id.pgpm15c@greatlakes.edu.in +91 9999999999 Profile Summary * 32 months of consulting and analytical experience in the field of HR, compensation and benefits. * Executed compensation studies across multiple geographies for some of the Fortune 500 companies such as 3M, Emerson, UTC, P&G, Johnson & Johnson Academic Qualification Qualification | Year | School/Institute(Board/University) | Marks | PGPM | 2014-2015 | Great Lakes Institute of Management, Chennai | - | BA(Hon) Business Economics | 2007-2010 | Institute name, university name | 100% | XII Std | 2006-2007 | School name, Board | 100% | X Std | 2004-2005 | School name, Board | 100% | Skills Summery Data Analysis, Oracle E-Business Suite, Oracle Forms and Reports, Design and Web Tools, Sencha Touch, Mobile Technologies, Business Rule Management System Professional Experience Company name Senior Analyst Gurgaon August 2010 – April 2012 * Performed job benchmarking, data analytics, auditing & reporting of compensation & benefits data for clients * Subject Matter Expert of the client interface tool of Aon Hewitt, i.e Total Compensation Center * Managed a team of 6 people as the Project Manager for TCM studies of Latin America region * Selected...
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...Sexism in the American Workplace Coleman Kramer Soci 217 Section 002 Professor Babchuck April 21, 2014 Introduction The passing of the 19th Amendment is one of the most important pieces of legislation passed for the woman’s right movement as it guaranteed women the right to vote. In many people’s minds, this meant that men and women were considered equal because it gave women a voice that was previously unheard. While this was a monumental leap in creating gender equality, it did very little to eliminate sexism in America. Great stride shave been made in the last century to give woman the same opportunity’s as men, I will argue that we still live in a country that discriminates on the basis of ones gender. One of the most common offenders of sexism is the American workplace. The Mad Men era of ass grabbing and over the top sexual harassment may be over, but sexism in the workplace is still very much alive. There is an enormous lack of females in high-level management positions, a wage gap that shows women make less then men in comparable jobs, and women are more often then not subjected to more cases of sexual harassment. In a country that prides itself for its belief that everyone is equal, the facts about sexism tell a completely different story. The Facts One of the most unknown problems in regards to sexism in the workplace has to do with the gap between how much women earn compared to men. Women make up just fewer than 50 percent of the labor force in the...
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...University of Phoenix Material Organizational Planning Worksheet Complete each section below. Be sure to cite your sources when necessary. Fortune 500 Company name |Pfizer | The company’s internal and external stakeholder’s |Internal stakeholder’s |External stakeholder’s | |Employees |Shareholders | |Departments (Marketing, R&D, Clinical, Medical education, PR) |Patients | |Managers |Doctors | |CEO/Owner |Industry trade associations | |Labor groups |Investors | | |Suppliers/Partners | Company’s mission and vision Company’s mission |According to "Company...
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...University of Phoenix Material Organizational Planning Worksheet Complete each section below. Be sure to cite your sources when necessary. Fortune 500 Company name |Microsoft | The company’s internal and external stakeholders |Internal stakeholder’s |External stakeholder’s | |Desire job security and compensations |Operating system that is easy to understand | |Employees across the departments |Hardware manufacturing partners and Investors | Company’s mission and vision Company’s mission |“ At Microsoft, our mission and values are to help people and businesses throughout the world realize their full potential” (Farfan, | |2015) | Company’s vision |“As a company, and as individuals, we value integrity, honesty, openness, personal excellence, constructive self-criticism, continual | |self-improvement, and mutual respect. We are committed to our customers and partners and have a passion for technology. We take on big | |challenges...
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...renewed sense of purpose. And what a triumphant return it was. According the LA Times, the market value of Apple's shares has grown from about $US5 billion in 2000 to $US351 billion today making it one of the biggest publicly listed companies in the US, up there with the likes of Exxon Mobil. Dr Brent Coker from the University of Melbourne's management and marketing faculty describes Jobs as “one of the greatest business strategists of all times”. “There are a lot of people out there claiming to be futurists,” Dr Coker said. “Most of them are keynote speakers or public speakers - it is rare to have a futurist that demonstrated his ability to almost predict the future in a real live business setting.” But Jobs's rise to the top was hardly textbook perfect. A university dropout, he worked at Atari and travelled through India before seeing a commercial opportunity in the computer (the original Apple I) Wozniak had built to impress some friends. They started the company with an investment of $US1300 of their own money, making it into the Fortune 500 list by 1983. That year Jobs recruited former Pepsi executive John Sculley to take the chief executive position, only to be stripped of all his power by him in 1985. According to author Steven Levy, this was prompted by the Macintosh computer not selling as well as expected, as well as Jobs's demanding management style. As Harry McCracken writes in Time...
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