Global Company Paper

| Global Company Paper| Wal-Mart| | Joel B. Higley| 8/12/2012| In the last couple of eld, a number of major changes took charge in the global hemisphere. Countries, earlier adornted to tight semipolitical control of their economies, have redirected their political concepts and initiated drastic reforms in inn to facilitate trade. The macrocosm has arrived in the global market place, at least in some terms.| One of the known industries entirely everyplace the universe is Wal-Mart. Wal-Mart is considered as a retail titan due to the companys successful business over the geezerhood. With good management practices and unique marketing strategies, Wal-Mart was open to sorb successfully not only in the unify States whole also in international market (Hayden et al, 2002). 50 years ago, Sam Walton started Wal-Mart with a single store in Rogers, Ark., commit to providing customers with a broad assortment of merchandise at big(predicate) prices. Sam told Wal-Mart associates: Customers are the reason why were in business. And when we exceed their expectations, were at our best. From the day the doors opened in Rogers, on July 2, 1962, Wal-Marts culture has been built on a common purpose: saving people money so they can live better.

That one store changed the way that retail works, and that change continues to this day. Wal-Mart has been recognized as the largest retailer in the world a sales record of 218 billion US dollars. With this eagle-eyed and continuous development, it is no wonder the retail store was able to operate at the global level. The global oper ation of Wal-Mart was whit by the establis! hment of its first international store in 1991 at Mexico City (Govindarajan & Gupta, 2001). Through its international reach, an pretend of one hundred million customers are said to prim down a Wal-Mart store found somewhere in the world. A total of 1.3 million associates worldwide are sedulous by the company and are distributed within its 3,200 stores in the United States...If you inadequacy to get a full essay, order it on our website: OrderCustomPaper.com

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