Mgt 230 Week 2

Words: 1045
Pages: 5

Week 2
Internal and External Factors

MGT 230
August 1, 2011

Globalization Wal-Mart stores serve millions of customers globally each day – and they do their best to make certain that the products on their shelves are a sign of the diverse needs and wants of their customers. Wal-Mart states they are focused on four strategies and the top one is becoming truly global. (Wal-Mart Stores Factsheets). In 2010, Wal-Mart reduced the plastic bag waste across their global operations by 47.95 million pounds, or approximately 3.5 billion bags. This represents a 21 percent reduction from our 2007 baseline. In Chine in 2010 reduced the waste by 84percent using 2007 as a baseline. Wal-Mart wants to stay on top globally where economics

According to Walmart.com (n.d.), But, remember no guide or manual can give you a complete set of rules. So, in the end, we all must trust our own good judgment of right and wrong (Look inside the Statement of Ethics, para. 1). Wal-Marts diverse environment directly reflects the diversity needed to be successful with the four functions of management. Planning becomes a vital issue for a company that is in many different countries. The plan to send the correct managers to open stores in different regions can directly affect the internal and external environment with products, people, and marketing. Leading must be diverse and ethical in Wal-Mart due to so many different people that work in the environment. The hiring process has different key and diversity is a main factor. (Peterson, 2005) This means managers and employees are screened and evaluating in their ability to be diverse with employees and consumers in order to make a comfortable work environment and comfortable shopping experience. Organization is a key role in everyday business for a large company like Wal-Mart. Organizing to the diverse population takes leadership skills and must be diverse opinions and ethics in order to have a profitable layout of the store and keep the employees happy by not leaning to one culture or society more so than another. Controlling the environment in Wal-Mart must be diverse because of the many people and products that are there. With a diverse