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Organization Paper

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Introduction How Wal-Mart use the Organization Function of Management Organizing is one of the basic functions of management, which fallow the planning function of management. According Management Study Guide (1998-2009), in the organization, function is where takes place the synchronization and combinations of the organization physical, financial, and human resources. Wal-Mart recognizes the importance of its physical assets, monetary, human resources, and technology and had used them in to become the world largest retail stores. Wal-Mart management could use the organization function of management effectively by combining its resources to maximize its full potential.

Wal-Mart After traveling around the nation Sam Walton realized that the nation was in need a new type of retail store. Trusting in his vision with his wife Sam gather the money necessary to open the first Wal-Mart in Rogers, Arkansas in 1962. as the time went by Sam Walton was only able to have 15 stores in 1972; however after Wal-Mart when public by the end of the decade Sam already own 276 stores in 11 different states. By 1989 Sam own more than 1, 400 Wal-Mart and was making over $ one billion in profits. In the present is Wal-Mart in 14 different countries and is making over $ 26 billion revenues while employing around 2.1 million people. The only way in which Wal-Mart could do this is by organizing its structure and combining its resources to maximize its full potential (Wal-Mart, 2009) Monetary Wal-Mart is a multibillion dollar corporation; therefore how they manage their financial is essential for the success of the corporation. Wal-Mart monetary structure is built based in the foundation of it principles “We save people money so they can live better" (Wal-Mart, 2009). Wal-Mart products are always at a lower prices and cost a fraction its competitors that in the long way had benefits them to stay ahead of its competitors. Wal-Mart environment seem quite challenging and difficult at times, but Wal-Mart still have better sales than any other in the market by staying true to its principles is been able to keep progressing and be successively in what they do. Even if with their lower prices they can wipe out many mothers and fathers store, they are also becoming theirs mayor supplier helping them stay in business. Physical Assets Wal-Mart physical assets are built-in a way that allows making the most of them in an efficient way throughout the organization. The most sight factor in Wal-Mart's environment is its lower prices. The lower prices in the products they provide are the reason for why Wal-Mart keeps its customers happy while driving other businesses out of the market. Walt-Mart success had influenced other businesses to analyze its organization to see what they can do to improve the way in which they do business. Some of its main competitors are Costco Wholesale, and Target. However, this competitor attention is shitted shifted to selling the products to theirs' customers at higher prices and selling less quantity, although Wal-Mart can stay lucrative by selling more units at a lower price surprising its competitors (Hoovers, Inc., 2008). Human Resources According to Bateman and Snell (2009), the basic activities of human resources managements is recruitment, selection and outplacement, training and development, performance and appraisals, reward system and the ration of all external and internal customers. Wal-Mart Human Resources Department have the responsibility to do an environment scanning to see for the current needs of the organization then check wages, pay and benefits exist that will benefit the organization. Later, they need to mach it with the needs of the organization to ensure that the human capital use in a way in which they can reach their maximum potential. In Wal-Mart case, they have all supervisors train in a variety area to ensure they are properly trained to deal with the most difficult situations. In addition, Wal-Mart has a leadership and mentoring program that encourage women to become leaders in the organization as part of their reward system. Wal-Mart have a philosophy that they most if they do not treat with respect and dignity theirs' employees how will they expect to have theirs' employees do the same with the customers. The best part is that human resources are available 24 hours a day as most of their location open 24 hours a day (Retail Merchandiser, 2005). Technology Technology is everywhere and is essential for any organization to succeed in the competitive world. In 2005 Wal-Mart move to have a RFID system that will be used to track the delivery of it suppliers. The RFID system was put in practice to minimize the time an effort that takes to supplier when doing any delivery. This wills aloud Wall-Mark to keep trap of the product from the supplier until it reach the customers hands (Vijayan & Brewin, 2003). Another way in which Wal-Mart is using the technology available to monitor employees timecards were they can everyone is paid every minute they work and that they take their breaks onetime. To stay ahead of its competitor Wal-Mart decides to change in 2001 to renovate its technology by changing all its mainframes and databases to IBM systems. Technology is the best tool Wal-Mart has to stay ahead of its competitors and still meet the constant changing needs of its internal and external customers (Deango B, 2001). Conclusion Wal-Mart monetary grew because they struggle to have lower prices and sell more units that keep the customers happy. Human resources had play a big impact on Wal-Mart success as they are the one that manage the human capital of the organization and work to keep healthy relations with its internal and external customers. Wal-Mart in its beginning stared as a concept that transformed and grow to become the world's largest retail store. The way Sam Walton founder of Wal-Mart could grow its physical assets and achieve such level of success, was by staying through the principles of its company "we save people money so they can live better" (Wal-Mart, 2009). Technology is constantly changing and Wal-Mart is been able keep up with the changes of technology while making track of its inventory simple and fast as possible. Wal-Mart is been able to maximize its potential by maximizing its organizational function of management.

References Bateman & Snell (2009) Management: Leading and Collaborating in a Competitive World. (8th Edition) McGraw-Hill/Irwin Deango B (2001). With New Technology, Wal-Mart Could Gain Edge Over Competitors Massive Hardware Upgrade IBM is big winner in deal, beating out Hitachi, EMC for $40 million contract.(Internet & Technology). Retrieved on January 17, 2010 from: http://www.accessmylibrary.com/article-1G1-106013810/new-technology-wal-mart.html Vijayan & Brewin (2003). Wal-Mart Backs RFID Technology. Retrieved on January 31, 2010 from:http://www.computerworld.com/s/article/82155/Wal_Mart_Backs_RFID_Technology Wal-Mart Stores n.d.). Wal-Mart History. Retrieved on January 31, 201o from: http://walmartstores.com/AboutUs/297.aspx

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