Wal Mart s Organizational Behaviors - 2716 Words

Table of Contents Cover Page 1 Table of Contents 2 Executive Summary 3 Part 1 4 Introduction 4 Problem Statement 4 Objectives of the Study 5 Part 2 5 Literature Review 5 Wal-Mart Organizational Behaviors 5 Perception, Attribution, Motivation and Performance 6 Wal-Mart Challenges 7 a) Labor Force Challenges 7 b) Remunerations Rigidity and Salary Administration Challenges 8 c) Ambiguity in Leadership 8 Part 3 8 Preliminary Solution Options 8 a) Pluralistic Option 9 b) Salary Remuneration and Overtime Compensation 9 c) Unitary Option 10 d) Collective Bargaining 10 Conclusion 11 References 13 Executive Summary Although Wal-Mart in its 2014 annual report indicated that 80% of its employees are always happy working for the company, a†¦show more content†¦Moreover, Wal-Mart is well known of its efforts to make its customers life simpler by providing reliable grocery and e-commerce services. These commitments placed Wal-Mart at the heart of focusing its values proposition on delivering excellence customer experience through service delivery. Right from its establishment in 1962 by Mr. Sam Walton, high-quality service delivery has been always at the core of the organization’s proposition. According to the recent financial reports (2014), the current operating manager reported that Wal-Mart is faced with numerous challenges. In prior periods, Wal-Mart experienced strong operational performance until in recent years where report shows that there is high decline in employee performance and productivity. Consistently, decreased morale may be the prime cause of reduced profits. Although the declining trends in net sales can perhaps be attributable to increased competition in the marketplace, this study intends to attest the hypothesis that poor performance is somewhat as a result of unresolved internal issues within the organization. Problem Statement Wal-Mart chain of stores based in United States is faced with a high scale of reduced labor productivity that demeans the way of business. Basing this study on previous literature, where labor productivity is low, growth is also low and business progress value becomes nearly static (Reichheld Teal,Show MoreRelatedPower and Politics1591 Words   |  7 Pagespose some problems. Organizational politics is best described as management influenced by self-interest through the use of means not necessarily authorized by the organization. Organizational politics have been viewed as an organizations enhancement tool to survive and fulfill goals. Power and Politics, though closely related, share similarities and differences but ultimately work together for the success of an organization. With this discussion of power and politics, Wal-Mart will be the prime exampleRead MoreWalmarts Ethics or Lack of and Employee Dissatisfaction1252 Words   |  5 PagesIn my opinion Wal-Mart has exhibited lots of unethical behaviors over the course of several years. They have been using Anti-union propaganda to deter its employees from joining a union, which is their legal right. Most employees are made to watch videos outlining how Unions would destroy Wal-Mart and essentially their employees, however this appears to be a scare tactic. They have even gone as far as shutting down one of its stores to prevent further unionization in Canada. Under Quebec law, a companyRead MoreComparison of Different Organizational Structures1425 Words   |  6 PagesOrganizational structure For any organization to be effective there has to be an effective organizational structure in place. An organizational structure is therefore a typically hierarchical arrangement of lines of authority, communications, rights and duties of an organization. In other words it is a form of structure that determines the hierarchy and reporting structure in the organization. In lay mans language it is referred to as organizational chart. An organizational structure that isRead MoreWal Mart Stores, Inc.812 Words   |  4 Pagesofficially incorporated as Wal-Mart Stores, Inc. in 1969 and sold its first stock in 1970 for $16.50 per share. By 1972 Walmart had 51 stores and recorded sales of $78 million dollars. The company continued to broaden and in 1980 they opened the first Sam’s Club and the first Walmart Supercenter. They united supermarkets with merchandise, making everything more accessible and more affordable. By 1990 Walmart was the nation’s number one retailer offerin g the lowest prices. In the mid 90’s Walmart had expandedRead MoreWal Mart : The Face Of Twenty First Century Capitalism782 Words   |  4 Pagesbusiness ethics. My selection was a scholarly peer reviewed article named â€Å"Wal-Mart: The Face of Twenty-First Century Capitalism†. Wal-Mart s historical roots can be carefully mapped out. The company did not become the world s largest corporation overnight. That process took decades, as several chapters from the book demonstrate (Lichtentstein, 2006). Nelson Lichtenstein s introductory chapter convincingly implies that Wal-Mart, like the Pennsylvania railroad in the late nineteenth century, U.S.Read MoreWal Mart s Lowering Price967 Words   |  4 PagesWal-Mart’s lowering of prices has always been a main attraction for consumers. To provide domestic necessities at more than affordable prices draws potential customers from various other local retail stores. Being the top multinational retail company has allowe d Wal-Mart stores to create economical and domestic shifts within respective communities. Despite being beneficial for consumers, Wal-Mart’s economical and business practices have destroyed competitors within local communities and affectedRead MoreWal Mart s Largest Public Corporation Essay1113 Words   |  5 Pagesdliability company falls at number one beating exxon mobile which fell in number two . WALMART Wal-Mart Corporation was founded in 1962 by Sam Walton. Mr Walton had an aspiration to open a store with cheap and economical prices.He wanted to make his store affordable for the normal american on a budget .Over the years Wal-Mart continued to grow and was even put on the New York Stock Exchange list. Now Wal-Mart is the world’s largest public corporation ; owned by shareholders .The company has has toppedRead MoreThe Toxic Organizational Culture at Wal-Mart3272 Words   |  14 PagesRunning Head: TOXIC ORGNAIZATIONAL CULTURE The Toxic Organizational Culture at Wal-Mart TOXIC ORGANIZATIONAL CULTURE The Toxic Organizational Culture at Wal-Mart Organizational culture is not a new concept in the world of organizational behavior. Yet despite its age, it still has many varied definitions as well as philosophies on its importance and impact to the success of a company. One definition is that organizational culture is a cognitive framework consisting of attitudes, valuesRead MoreCurrent Ethical Issue in Business1476 Words   |  6 Pages Your Name Here PHL/323 Date Here Instructor’s Name Here Globally, Wal-Mart is the second largest revenue generating company. It is surprising to see so many discriminating issues within the company. Women working for the company are consistently treated unfairly, yet other issues exist. It is as if Wal-Mart has fallen into the negative economic routine. The company is guilty of everyday social discrimination; gender discrimination isRead MoreThe Wal Mart Essay1768 Words   |  8 PagesSam Walton is the originator of the Wal-Mart Stores in 1962. It has its central command situated in Bentonville Arkansas. Wal-Mart Store is an American – universal retail organization, that runs vast stockroom and departmental stores. It is positioned as the biggest private manager around the world, having utilized more than two million individuals. It is situated in more than 50 states in America. The organization s administrations are offered in around 15 nations around the world. It has around

Coffee and Tea Free Essays

Coffee and Tea Coffee and tea have existed in the world for a long time. Hundreds of years ago, people who lived in South America started to produce coffee, but the earliest drink likes coffee was made by ancient Arabian. They thought it was a kind of medicine used for stomach. We will write a custom essay sample on Coffee and Tea or any similar topic only for you Order Now After the 15th century, coffee was spread to other countries such as Egypt and Ottoman Empire by Muslims who were back from Hajj, while in ancient China, Chinese people started to make tea about 3000 years ago. Because of nice environment and weather, the first part of tea plants was discovered in southwest China. After, drink tea became an important culture of Chinese people, and tea began to spread into countries near China. Coffee and tea are similar, but different in some specific area. First, coffee and tea are similar but different in population. People from all around the world like them. For example, British people used to drink a cup of tea with some snacks when they have a rest in the afternoon. Western people enjoy drinking black tea, and some of them mix it with milk to make milky tea. Likewise, most people like drinking coffee, for it often tastes good. In China, more and more people began to drink coffee, and some of whom want to taste better coffee like blue mountain coffee. However, although these two drinks are both popular around the world, coffee is still drunk most by western people, while the most quantity of tea is used in East Asia. People lived in China, Japan, and Korea regarded tea as the main drink. Second, coffee and tea are similar but different in function. Both coffee and tea can refresh people because there is a kind of chemical matter, which is caffeine in both of them. This chemical matter can be used for nerves to make a person feel awake and lively. Also, some experts said that black coffee and green tea can help a person lose weight. But, in contrast, tea has some more functions due to another kind of chemical matter which can’t be found in coffee. This chemical matter that named tea polyphenol whose ability is to relieve the effect that is made by poison. Finally, coffee and tea have similarity and difference in origination. Both of them are made from plants. Thousands of years ago, people lived in Africa planted coffee trees in succeed, and now, Brazil has the most coffee trees in the world. In south of China, there are a lot of terraced fields that grow tea trees. On the other hand, people use leaves from tea to make tea, while they use fruits from coffee plants to make coffee. To sum up, coffee and tea are similar in their population, function, and origination, while they are different of their use in different place, their different chemical matter, and their different material. I suggest that people should drink both coffee and tea so that they can be healthier. How to cite Coffee and Tea, Essay examples

Music Industry Financials free essay sample

Marginal costing is a traditional financial technique which is used by companies for short term decision making within the music amp; entertainment industry. The concept of marginal costing is concerned with the treatment of fixed costs and the relationship that exists between sales, variable costs and contribution. This technique is often used by record labels to estimate the costs which they will incur amp; profits they will earn per unit which is manufactured and sold. Cost behaviour – we need to understand how costs behave at different levels of activity so that we can determine what costs should have been for a trading period and estimate costs for a future period. Cost behaviour studies the way that costs fluctuate. Two major influences on costs are volume (activity) and time. There are three types of cost: variable, fixed amp; semi-variable. Variable costs are those which change with the level of output or activity. The bigger the quantity of CDC sold, the higher the amount of money the artist will receive as royalties. So, if the artist is under a 12% (true artist royalty) therefore receives EH. App per CD sold. If only 50,000 CDC are sold at a Published Dealer Price of EH. 50 they would receive EYE,OHO In royalties. Whereas, If they managed to sell 100,000 C[Yes Instead they would receive 06. 000. As you can see the artist royalty increases as the sales (activity) increases. Fixed costs are those which remain constant despite changes in output or activity, however they can change over a period of time.For instance. If a record label signed an artist and offered an advance of ?40,000 this figure would remain fixed. Despite hangers in sales expenditure, there is still no change to the advance. Semi-variable costs are those which have both a fixed variable element. For instance, if you have manufactured 100,000 CDC for EH. App per unit, brings the cost of production to EYE,OHO. This cost remains fixed. Suddenly there is a lot of demand for the CDC but all of the CDC have been sold, so it Is decided to manufacture 50,000 more CDC therefore the cost raises due to demand to a total of EYE,OHO.Contribution is the difference between sales and variable costs in the marginal cost equation. This is the contribution towards fixed costs and profit. To calculate what the contribution Is you take the selling price per unit and minus the variable costs from It (see example below). Selling price per unit Ell Minus Variable costs = E Contribution per unit = EH Breakable analysis uses the same concept as marginal costing to calculate an estimated figure of how many units of a product need to be sold to cover all costs (this is also known as the breakable point).Breakable analysis is used for various OFF changes to a business, to measure profits and losses, to evaluate alternative methods of production. To calculate the breakable point we need to know the: selling price, sots of product/service, variable costs per unit, overhead costs and whether they are fixed or variable. We also need to know if there are any limitations. As a minimum, the sales need to be equal to the fugue of your fixed costs to make sure that you are not losing any money. For instance, if fixed costs are EH per month, you would have to sell at least 357 units to ensure you break-even.Under the 50/50 net receipts deal you are also given a EYE,OHO advance plus 50% royalties, but you do not rec eive any money from the sales of Cads and digital downloads until all costs are recouped then any profits from that point onwards are split 50/50. All of hose costs are shared by the artist record label. As stated in the contract extract, costs will include manufacturing, transportation, recording ; any other direct costs incurred by the company relation to exploitation of the recordings. The recruitment point in this deal is when 39,560 CDC and 255,319 digital downloads are sold.I believe personally an artist would be better off with the 50/50 net receipts deal because although the units of CDC needed to be sold is higher within this deal, once the recruitment point is reached, profits are split in half between the record label and the artist. Whereas with the traditional deal you receive a minority of the profit and the record label receives the majority. Traditional deals are mostly used by major record labels (e. G. Universal Music Group, Warner Music Group) and are suited to mainstream pop acts because of the big marketing push.This is a big advantage of being signed to a major record label; they have a lot of money available to invest in recording, touring, video shoots marketing and promotion. Major record labels have been around for quite a while; therefore they have tight connections with media outlets and other companies to give you opportunities which independent record labels would never be able to offer. Therefore helping you achieve your music career goals in no time. The disadvantage is that these deals put the record label very much in the driving seat; therefore the artist will not have much control over their career or creativity of their music.Also, unless you are successful in the long term and become a massive star (e. G. Madonna) you will only receive a small percentage for your royalties from sales. Bigger advances are normally given by major record labels with traditional deals; however this advance will be re-paid to the cord label somewhere along the line. You are also less likely to receive a lot of attention from the major record label you are signed to because of the many other acts who are also signed to the label. 0/50 net receipts deals are mostly used by independent record labels (e. G. Domino, Mute) and are suited to artists whose music appeals to a niche audience. These deals give the acts creative control because of the close working relationships between the record label and the act due to the smaller size of the company. Most independent record labels will only sign an act if they inanely like your music and believe in what you are doing, this means they will also work a lot harder for you.There is no added pressure for you to sacrifice your tastes in favor of seeking out chart success as the label understand youre not mainstream and will not have a huge fan base. The drawbacks include the obvious lack of funds, most independent record labels do not give advances or if they do they will be very small compared to the advances which the majors offer. Lack of money also means that there will be less marketing ; distribution opportunities available to signed acts. On a positive note the recruitment and breakable point are both exactly the Calculations.