Describe the Economic Environment of Wal-Mart Stores, Inc.
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Research an organization of your choice and submit a research project that describes this organization. Include the following criteria:
Describe the basic legal, social, and economic environments of the organization
Describe the managerial, operational and financial issues of the organization
Identify the impact of potential change factors as they related to the organization
Please list references for citation preference.
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Solution Summary
The expert describes the economic environment of Wal-Mart Stores, Inc.
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Wal-Mart Stores, Inc.
Company Background
According to its Annual Report for the fiscal year ended January 31, 2010, Wal-Mart Stores, Inc. "operates retail stores in various formats around the world and is committed to saving people money so they can live better" (2010, p. 3). These formats include discount stores, supercenters, and Sam's Club. Given the fact that the firm is in the retail industry, it means that the financial performance of the company depends on the status of the economy. However, several factors such as legal, social, managerial and operational factors and issues also have an impact on financial sustainability. The following sections of the paper discuss these factors and issues.
Legal, Social and Economic Environment
Perhaps one of the most ...
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