Homework SourseHelp please the company name is WalMart can include margins
Help please the company name is Wal-Mart. can include margins and charts please.
Thank you. Take your time please i have more than five days to submitit.
Solution
HISTORY OF WALL MART:
In 1962, the first Wal-Mart Inc. discount store opened in Rogers, Ark. The founder of Wal-Mart is Sam Walton. The company was incorporated in Delaware in October 1969. Sam Walton was a man of vision, he along with his associates was passionate about helping people to have the same things that rich people have but with lower prices. The first three Sam\'s Clubs were opened in 1984, the first supercenter opened in 1988 and the first Neighborhood Market was opened in 1999. Wal-Mart retail stores specialize in providing a broad assortment of quality merchandise and services at everyday low prices
The company operates in three business segments:
Wal-Mart Stores, Sam\'s Club and International. The Wal-Mart Stores segment includes Walmart.com, supercenters, discount stores and Neighborhood Markets in the United States. The International segment consists of operations outside of the United States. Wal-Mart operates 803 discount stores, 2,747 supercenters, 158 Neighborhood Markets and 596 Sam\'s Clubs in the United States. Outside of the United States, the company operates 43 units in Argentina, 434 in Brazil, 317 in Canada, 252 in Chile, 170 in Costa Rica, 77 in El Salvador, 164 in Guatemala, 53 in Honduras, 371 in Japan, 1,469 in Mexico, 55 Nicaragua, 56 in Puerto Rico, 371 in the United Kingdom. Wal-Mart also operates 279 stores in China through a combination of joint ventures and minority-owned subsidiaries
PROFILE OF THE OMPANY:
Current Position
Greg Penner
Chairman of the Board
C Douglas McMillon
President, Chief Executive Officer, Director
M. Brett Biggs
Chief Financial Officer, Executive Vice President
Rollin Ford
Chief Administrative Officer, Executive Vice President
PRODUCTS AND SERVICES OFFERED:
Walmart operates 4,300 stores and facilities in the United States alone. International facilities span the globe and number 4,000. The retailer offers a variety of services, including retail goods, pharmacy, financial, wireless and photo lab services.
Retail goods
Walmart offers retails goods in a variety of categories. Customers can buy electronic products such as MP3 players, digital cameras, printers, laptops and computers. Walmart offers music downloads, movies, books and jewelry. In addition to home furnishings, the retailer also offers baby products, sporting goods and grocery items.
Photo Services
Walmart offers photo lab services inside stores and online. Customers can drop off their photographs for developing via a store kiosk. They can also upload their digital photos via the corporate website. Pick up photos at a store location or have them sent to a home address. The photo lab offers customers the option to develop the prints in an hour.
In 2006, Walmart began offering customers prescriptions for a mere $4. This practice was significant, with many retailers following suit. The company estimates savings to customers total $3 billion since the program\'s inception. Walmart offers monthly prescriptions for pickup in-store or mail order services for long-term medications. The savings are due in large part to Walmart\'s catalog of over 300 generic medications available for $4 in-store or $10 for a 90-day supply.
Financial Services
Walmart offers several financial services. These include credit cards, debit cards, bill payment, money transfers, check cashing and check printing. Walmart offers a store credit card without an annual fee. Obtain a debit card in-store or online. Walmart offers money transfer services through Moneygram, starting at $4.75. Customers can also purchase money orders and gift cards, send bill payments, order printed checks and cash checks for fees starting at $3.
Wireless Service
Walmart partnered with service provider T-mobile to offer wireless phone service. The Walmart Family Talk Wireless service provides customers with a family plan for unlimited text and voice calls. The service requires no traditional yearly contract and plans start at $45.
Top 10 Walmart Competitors:
- Amazon:
-Alibaba
- Home Depot:
-IKEA
-Costco
- Lowe’s
- eBay
- ALDI
-JD.com
- Walgreens
PLACEMENT IN INDUSTRY:
Walmart Recruitment Practices
Recruit ent Sources. Walmart’s human resource management uses internal and external recruitment sources for various positions. The use of internal recruitment sources focuses on current employees to fill open or new positions at Walmart. External recruitment sources have the benefit of accessing the labor market to address the human resource management objectives of the firm. This combination helps ensure that Walmart is flexible enough in satisfying its HR needs.
Walmart’s uses different types of internal recruitment sources. The following are the most significant in the company:
Current employees
Trainees
Transfers
Current employees are a recruitment source especially for supervisory and managerial positions. For example, Walmart’s human resource management supports the promotion of hourly sales employees to managerial positions. About 70% of the company’s managers started as hourly sales employees and were promoted to their current positions. Walmart uses current employees as the biggest internal recruitment source. The company’s human resource management also uses on-the-job trainees as an internal recruitment source. There is only a small population of trainees working for Walmart, such as in positions in sales and marketing. Occasionally, the firm absorbs trainees in the positions for which they trained. This approach has the advantage of minimizing additional human resource management spending and ensuring person-job fit. In addition, transfers are used to temporarily fill positions at Walmart, based on current short-term HR needs. In this human resource management approach to recruitment, some current employees are transferred to other positions or locations to fill gaps in the workforce. Walmart sometimes uses transfers to satisfy high HR needs during Black Friday.
Walmart’s human resource management uses various external recruitment sources. The following are the most significant for the firm:
Respondents to job advertisements
Previous applicants
Recruitment Methods. Based on the recruitment sources used at Walmart, the corresponding recruitment methods are direct and indirect. In using direct methods, the company directly contacts prospective employees. For example, Walmart occasionally recruits at/through campuses. The firm’s human resource management contacts students who might be interested to apply for job openings. The benefit of this method is that it allows Walmart to speed up the recruitment process instead of waiting for applicants. The method also enables the company to apply certain criteria in selecting students to contact. For example, representatives of Walmart’s human resource management can contact students in business-related degree programs for supervisory or managerial job openings. However, the direct method of recruitment is disadvantageous because it limits the population of potential recruits.
In using indirect methods of recruitment, Walmart’s human resource management objective is to reach out to a larger population of workers. These methods include advertisements on the company’s website and on other media. Indirect methods of recruitment provide the majority of Walmart’s human resources. These advertisements have a global reach, thereby providing large-scale support for the company’s HR needs. Also, indirect methods can be cost-effective. In using its corporate website for the job advertisements, Walmart minimizes human resource management costs in the aspect of recruitment.
Selection Process at Walmart
Selection Criteria. Walmart’s selection criteria depend on the job position. Basic criteria include education and training background and results of criminal background checks. For hourly sales positions, Walmart uses knowledge retention (e.g. on product details) and interpersonal skills. Interpersonal skills are essential for these positions because sales personnel directly communicate with customers. Walmart’s human resource management also uses analytical and problem-solving abilities and conflict management skills for supervisory and managerial positions. Supervisors and managers are expected to analyze and solve problems, and resolve conflicts in the workplace.
Methods & Techniques. Walmart’s human resource management uses structured interviews and job knowledge evaluation for most job positions in the organization. Structured interviews are used to determine details like the applicant’s perspective and expectations about Walmart. This information determines the person-job and person-organization fit. Walmart also uses personality tests and situational judgment tests for many positions, although these tests are typically used for managerial positions, especially for positions in human resource management, finance and others. Personality tests help in deciding whether the applicant could function well in the context of the company’s culture and nature of business. Situational judgment tests determine analytical and problem-solving abilities. These different tests ensure a comprehensive human resource management approach for the selection of workers throughout the global structure of Walmart.
MANAGEMENT TEAM:
Executive Management
Doug McMillon - President and CEO of Walmart
Greg Foran - President and CEO, Walmart U.S.
Judith McKenna - President and CEO, Walmart International
John Furner - President and CEO, Sam’s Club
Marc Lore - President and CEO, Walmart eCommerce U.S.
KEY STATISTICS FOR 3 YERAS
Jan 2016
Jan 2017
Jan 2018
482.13 Billions
485.87 Billions
500.34 Billions
Gross Profit
121.15 Billions
124.62 Billions
126.95 Billions
Operating Profit
24.105 Billions
22.764 Billions
20.437 Billions
Dividends paid and currenet yield
1.96 & 41.9%
2.00 & 43.2%
2.04 & 54%
Stock price appreciation over the past three years
PE Ratio
Market Capitalization
209.83 Billions
203.42 Billions
314.683 Billions
Total shares Outstanding
3.21 Billions
3.1 Billions
3 Billions
| Name | Age | Current Position |
| Greg Penner | 47 | Chairman of the Board |
| C Douglas McMillon | 50 | President, Chief Executive Officer, Director |
| M. Brett Biggs | 48 | Chief Financial Officer, Executive Vice President |
| Rollin Ford | 53 | Chief Administrative Officer, Executive Vice President |
