Walt mart

Essay by stefanos85University, Bachelor'sB+, July 2007

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andiCASE #2:"WAL-MART AND DISCRIMINATION AGAINST WOMEN CASE"MANAGEMENT 201INSTRUCTOR: MRS. HILENTZARISFALL 2004-2005BIBLIOGRAPHY•http://www.cmht.com/casewatch/cases/walmart-cmpl.pdf•http://www.walmatstores.com•http://www.sfgate.com/cgibin/article.cgi?f=/news/a/2004/06/22/national1038EDT0520.DTL•http://www.walmartversuswomen.com/news.html•http://www.cmht.com/casewatch/cases/Walmart/Welcome%20to%20AJC!.htm•http://www.pacificresearch.org/pub/con/2004/con_04-07.html•http://www.coalitiontlc.org/wal-mart_bias_suit.htm•http://www.washingtonpost.com/ac2/wp-dyn/A62004-2004Jun22?language=printer•http://www.now.org/issues/wfw/wm-facts.htmlBackground and current situation of the Company:In 1962, Sam and Bud Walton, the founders of the Wal-Mart Stores opened their first store in Rogers Ark. with the desire to work hard and offer their customer a great range of top quality products with the lowest price. The most important development steps that the company did the last 42 years of its existence in the particular market were the following: In 1970, the company opened their first distribution center center and home office in Bentonville. Ark. In the same year Wal-Mart goes public on the New York Stock Exchange. In 1979, Wal-Mart is the first company to reach $1 billion in sales in such a short period of time: $1.248 billion. Wal-Mart now has 276 stores, 21,000 associates and is in its 11th state: Alabama. In 1983, Wal-Mart introduces the Sam's Club warehouse and finally in 1988 the company opens its first Super-center. It is very important at that point to see what Sam Walton, one of the two founders of the Wal-Mart Company, believed about how all the members of the company should think and behave as to achieve their goals.

"We're all working together; that's the secret. And we'll lower the cost of living for everyone, not just in America, but we'll give the world an opportunity to see what it's like to save and have a better lifestyle, a better life for all. We're proud of what we've accomplished; we've just begun." - Sam Walton (1918-1992). (www.walmart.com)Nowadays Wal-Mart Company is considered as "the world's largest retailers, and the largest private employer in the United States, with $256.3 billion in sales in the fiscal year ending Jan. 31, 2004. The company employs more than 1.5 million...