PHASE 4 DISCUSSION BOARD
Darnell E. Bush
Colorado Technical University
May 2, 2012

PHASE 1 Business Organization Basics

In this Introductory DB, we were to introduce ourselves to each other, and get acquainted, and then respond to 2 students! Once the formalities were out of the way, we settled down to the business of becoming students. In this Phase 1 DB2, we were told to pick a company, and to follow it throughout the course. I chose Wal-Mart.

The selection was made, and the research was done, and I found that this company really lives up to its Mission Statement, “saving people money so they can live better lives”. I also learned of another commitment called CSR, Corporate Social Responsibility. This function is dedicated to, and responsible for developing policies, that integrate responsible practices into daily business. We also discussed why a CSR program was relevant in today’s marketplace. It is nothing more than the ethics of business. We also discussed how CSR was responsible to the stakeholders, stockholders, associates, and customers. It was also interesting to know where Wal-Mart was, as far as the industry was concerned, and where in the global market. This is where I learned about the NAICS (North American Industry Classification System, and The Global Industry Classification System, and Wal-Mart was classified in the retail trade industry.

PHASE 2 Small Business Management This phase was quite entertaining, and I really began to see how it all comes together in regards