Could you provide a brief history on the Walmart Corporation. How does or can Walmart effectively raise awareness regarding stereotypes, prejudice, and discrimination?© BrainMass Inc. brainmass.com October 25, 2018, 9:54 am ad1c9bdddf
A brief history on the Walmart Corporation
Sam Walton began his retail career in 1940 at a store in Iowa. In 1945 he met a retailer that owned a chain of stores called Ben Franklin. He was offered a store in Arkansas which he ran very successfully. When he was unable to renew the lease on the store, he opened new store and called it 'Walton's Five and Dime'. He achieved good sales by having a lesser markup than competitors. In 1962, Walton opened the first Walmart Discount store in Arkansas. Within five years, he expanded to 24 stores across Arkansas. In 1968 he opened his first store outside Arkansas. The Walmart Stores Inc was incorporated in 1969. In 1970 it became a public limited company and was listed in the New York Stock Exchange. By 1971 Walmart was operating in five states: Arakansas, Kansas, Louisiana, Missouri and Oklahoma. By 1975 it had also entered Tennessee, Kentucky, Mississippi and Texas. Now there were 125 stores and 7500 employees. By its 25th anniversary in 1987 there were 1,198 stores and 200,000 associates. Walmart invested in the largest satellite network at that time, in 1987, which allowed the corporate office to track inventory and sales and communicate with all its stores.
Sam Walton, the founder CEO, stepped down to be replaced by David Glass in 1988. The first Supercenter was opened in 1988 in Washington. Walmart entered South America in 1995 and Europe in 1999. In 1998 Walmart opened the first Neighborhood stores . In 2002 it was listed as America's largest corporation in the Fortune 500 list with revenues of $219.8 billion. In 2005, Walmart controlled 20% of the grocery ...
The paper outlines the history of Walmart and how awareness programs can sensitize people to stereotypes, prejudices and discrimination.
Diversity Strategic Management and Research Approach
Hello I need help developing literature for the following in APA style:
1. The name of the companies which my study would be the centered around are:
The companies studied are centered around are the Denny's Corporations and Wal-Mart which face difficulties in cultural identities and income equality. Denny's Corporations and Wal-Mart offer an opportunity to measuring diversity issues with different vantage points. The recent news on company's challenges in managing employees, such as, the Denny's Corporation restaurant on prior negative allegations of racial indifferences provides a platform for further investigation to claims. The focus is on public listing of occurrences to challenges in diversity than the official company's website to ensure an accurate account of the internal interworking of issues.
2. By using the quantitative method what will gauge the best diversity formula by gathering numerical data from participants completing a questionnaire. In doing so, the method is in using a ratio assumption to the focuses on how many out of total participant's demonstrated a lack of diversity in the selected companies, i.e. 28 out 50 felt discrimination against employees either concerning positions, working conditions, or promotions. Then the ratio assumption that out of the 28 the gender specification and income salary levels can offer additional opportunity to measure the frequency to lack of diversity due to x (gender specification differences) and y ( the income salary levels that impact higher senior level management or lower level employees work teams / individuals). The quantitative method offers an opportunity to gauge the incoming data retrieved for measuring current companies lack thereof resources in place or needed to sustain positive diversity levels.
3. And answer these following questions:
Supportive to hypotheses on companies that performed or have effective diversity programs in place:
a) How many times the company provided diversity focused programs?
b) What was the range of frequency encountering negative experiences within the workforce, in which, the human resources department quickly assisted in remedy to the problem by (1 -2 times) or (3 to 4times) of incidents occurring before resolution offered.
*Supportive to hypotheses on companies that requires more focus on diversity
a) Is the lack of management in leading forward diversity focused programs serves towards a limited outcome of perspective in the last year? (try and think of the number of yes or no to the question that provides a quantity assessment)
b) How many levels of management or leadership personnel available for reporting lack thereof diversity? (try and think of the communication metrics that provides either successful methods or not successful in resolving diversity issues).View Full Posting Details