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Management Planning

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Management Planning
Shana Stefanski
9/27/10
Course: MGT/330
Peter Grove
University of Phoenix

Management Planning Wal-Mart is the world’s largest retailer with $345 billion in sales in 2007 (Stumblerz, 2009). Being the world’s largest retailer store it is very necessary for Wal-Mart to have good management, plans, and goals. Without good management then Wal-Mart would not run as well as it does. There are some legal issues Wal-Mart runs into over the years, but they are very well taken care of. Management at Wal-Mart are people who have earned their place as management and are aware of their responsibilities and the other employees responsibilities as well. With the appropriate goals set Wal-Mart is going to make it a long way in this economy.
Wal-Mart’s management has the authority to assign duties and responsibilities to other employee’s. The other employee’s that are being assigned responsibilities are usually subordinates within the managements group. While the other employees are responsible for completing the duties it is still managements responsibility to make sure the duties were completed and completed correctly. Delegation occurs within Wal-Mart from the regional management to store manager to assistant manager all the way down to the staff members (free online research papers, n.d.). The Walton family controls 40% of Wal-Mart and they delegate assignment of authority and responsibility to their lower level management to oversee the employees to carry out their specific duties. Wal-Mart’s management is required to plan where the company is currently at and where it would like to be in the future. Many organizations’ today are following the rules by the book. There have been many issues with legal problems in many different organizations. The only way to afford legal issues is to make sure all rules and regulations are being followed

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