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Determining Your Perfect Position Paper

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LDR 531- Determining Your Perfect Position Paper
Marilyn Soto
University of Phoenix
Professor Nicole Seldon
July 16, 2012

All companies have a specific way of planning their organizations success. There are basic six steps of the planning process include 1) situational analysis (in which planners gather and analyze data), 2) alternative goals and plans (alternate goals and objectives that are broad based and designed to be pursued in the future), 3) goal and plan evaluation (assess advantages and disadvantages for proposed goals and plans), 4) goal and plan selection(managers select appropriate goals and plans for support to the organization), 5) implementation (managers and employees must understand plans to fully support and achieve certain goals), and finally 6) monitor and control (ensures plans are implemented properly). In the following I will analysis the organization of Wal-Mart. Wal-mart Stores, Inc. is one of the biggest chains of corporations when it comes down to department discount stores. Wal-mart is considered one of the leading public corporation according to the 2008 Fortune Global 500 (Fortune Global 500, 2007). Wal-mart was founded in 1962, and incorporated in October 31, 1969, by Sam Walton. Wal-mart is known for having stores nationwide as well as international one but with a different name. The steps of planning this organizations success have been followed though and thought-out very well so that the organization can have it’s success, not only for the companies own good but for the ones that brought it together. The Wal-mart companies were in corporate October 31, 1969. Thus during the 1970, they began opening their head-quarters office and their opening supply center in Bentonville, Arkansas. At that moment they had about 38 stores that were up and running operating with about 1,500 employees and their sales were up to 44

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