Write 5 page essay on the topic MGMT499.
In terms of legal environment, strict environmental legislation results into higher costs for both discount retailers. This factor even encompasses rising awareness amongst customers which increases costs for retailers such as Walmart and Target who follows green movement (Zentes, Morschett & Klein, 2012, pp.102-103). On the other hand social environment comprise of varying income levels of customers which give an opportunity to both the retailers in relation to lowering prices and acquiring large market share.
The culture prevailing in Walmart is to work in collaboration and increase efficiency of the overall team. They even focus on reducing overhead expense so that better prices can be offered to customers. The performance rate of Walmart is higher in comparison to other retailers and hence it ranks as topmost retailer across the globe. On the contrary Target has a performance ratio lower than Walmart and occupies second position amongst all discount retailers based in America. Its low performance is due to limited product range being offered in all its retail stores. However the company culture is similar to that of Walmart where team members are considered to be an integral part of the system.
The promotion policies of Walmart are such that it gives more emphasis on increasing responsibilities and retaining experienced workers in the system. There were 170,000 promoted by the company in previous year with more benefits and higher pay scale. These policies are based on average performance of employees and impact of their respective performance in growth and success of the company. On the other hand Target has a different set of promotion policies as it focuses on time period which has been spent by an employee with the organization. Promotion in this company is given to those employees who possess more experience in comparison to other individuals. However the promotional benefits are similar to that of Walmart.
Walmart is a big retail
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more