Wall Mart Audit - Essay Example

Extract of sample
Wall Mart Audit

John Fleming and Stephen Quinn were associated with the three-year plan proposed by Eduardo Castro-Wright, former president and Chief Executive of Wal-Mart Stores U.S., the objective of the plan was to increase sales and profitability (Andrew, 2007). The authorities own more than fifty percent of the shares. The members and executives are internal, and no external members have remained affiliated with board of directors, however there have been certain exceptions in past. The stocks owned by the directors and executives have been traded privately. The members of the board of directors have contributed in vigilant manner; and have sufficient experience and qualification to execute their respective task.
Charles Holley, the Wal-Mart treasurer, commented that the shuffles at managerial levels "had been overplayed in the media", he regarded that shuffles are normal procedure, and adopted in Wal-Mart on routine basis so that management shall carry diversified experience. ...
Download paper


Carter Cast was appointed as the head of U.S. business strategy, and Raul Vazquez has been appointed as the President and Chief Executive of Wal-Mart. John Fleming was appointed as Chief Merchandising officer and Stephen Quinn was promoted as Chief Marketing Officer…
Author : pfannerstillwal
Download 1

Related Essays

Strategic Audit of Wal-Mart and Kmart
It was started in the year 1962 in Rogers, Arkansas, by Sam Walton. It took a long way to reach an annual sales turnover of $1 billion. By the year 2002, Wal-Mart became the world's largest retail giant with sales of $218 billions....
8 pages (2008 words) Case Study
Internal Analysis of Wall-Mart
The paper also details how Wal-Mart can guard against the internal weaknesses and avoid the external threats....
6 pages (1506 words) Case Study
Wal Mart Marketing Audit
Market of a company means the present and future customers of its goods and services. Wal-Mart's market indicates its actual and potential buyers. Apart from United States of America, Wal-Mart market is gradually expanding in some other regions of the world; such as, UK, China, USA, Maldives, Nepal, Bhutan and Russia etc. Wal-Mart has a favorable stock- market in some regions by means of which the company avails the advantage of selling out their shares at the significantly increased rate. Some stockholders contribute professionally-managed funds that widely help in buying and selling huge...
9 pages (2259 words) Essay
This study conclusively finds a substantially positive correlation between antibiotics prescribed and allergy intensities. In fact, some antibiotics like Co-Amoxiclav made available to the patient after surgery have been noticed to have a substantially positive effect on patients with higher levels of positive response to optimal combinations of antimicrobial prophylaxis....
10 pages (2510 words) Research Paper
Wal-Mart, Target and Kmart are the top retailers in the present American market. Each of them is having more than 1000 stores. Wal-Mart is the king of the ring. It's the number one retailer in United States of America. Target is slowly moving closer to Wal-Mart and has become a tough competitor to Wal-Mart. Kmart has a long history; recently it is trying to emerge from bankruptcy reorganization. Kmart is slowly losing its customers to Wal-Mart....
5 pages (1255 words) Case Study
Wall Mart - Community
Wal-Mart is American Public Corporation that came into existence in 1962. Although it began as a grocery retailer, in now operates as a major chain of large discount stores and warehouses. Its various stores offer a wide variety of products, all of which are priced lower than its competitors. Although price is a major criterion, upon which many customers make buying decisions. Offering the lowest price and remaining profitable has many challenges. Wall Mart has over the years remained one of the largest retailers, and therefore becoming one of the leading private employers. There is a need...
3 pages (753 words) Essay
Got a tricky question? Receive an answer from students like you! Try us!