For the past 3 years, I have worked for a company called 2020 communications. This company has many different contracts with other companies like Verizon, T-Mobile, and other wireless providers. As a Territorial Manager I do not work for these global wireless companies, we manage the territories and make sure that the actual stores are selling the company’s products and services. 2020 Communications has a simple structure that consists of a single individual that runs the company. Under that individual there are 2 district managers and then there are territorial managers that work directly for the company. I am contracted to work for T-Mobile to manage 9 locations. In the company in which i work for they have a vertical organizational structure. The Thing that separates us from the cooperate locations is that we don’t have to worry about inventory and the stores themselves, we just focus on the sales in the stores and that’s all. We have one centralized headquarters in Dallas Texas, in which the CEO and the Human Resource team is located. As a company we don’t focus too much on the customer concerns and issues, that is the responsibility of the corporate stores. We tend to assist when we can to help the profit margin and the selling process of each location, but it is the job of the location and there management team to manage every other aspect of the company including inventory and the sales associates themselves.…
Wal-Mart discount store was opened by Walton, in Rogers, Arkansas, in 1962. On October 31, 1969 the business incorporated as Wal-Mart Stores. Wal-Mart was opened with the objective of helping people save money and live better, which became Wal-Mart’s slogan: Save money. Live better. Wal-Mart has changed the way business is conducted worldwide by making a significant impact on the retail industry. Through careful study of the precedence set by Wal-Mart management, we can observe how the organization utilizes external and internal factors to affect the four functions of management: organizing, planning, leading, and controlling. A few of the internal and external factors which Wal-Mart has excelled in applying the four functions of management are globalization, technology, innovation, diversity, and ethics.…
Bateman, T. S., & Snell, S. A. (2011). Management: Leading & collaborating in a competitive world (9th ed.). New York, NY: McGraw-Hill Irwin.…
What type of organization is Wal-Mart and what makes it such a successful company? Wal-Mart is a public retail company founded in 1962 by founder Sam Walton. Wal-Mart was incorporated on October 31, 1969, and publicly traded on the New York Stock Exchange in 1972 (Wal-Mart Stores, n.d.). It is headquartered in Bentonville, Arkansas and is an international company. Wal-Mart is the largest grocery retailer in the United States. In 2009, Wal-Mart reported 51% of its $258 billion sales in the U.S. from the grocery business (Wal-Mart Stores, n.d.).…
Wal-Mart is one of the largest corporations around the globe. Wal-Mart serves customers and members more than 200 million times per week at more than 8,446 retail units under 55 different banners in 15 countries. With fiscal year 2010 sales of $405 billion, Wal-Mart employs more than 2.1 million associates worldwide “A leader in sustainability, corporate philanthropy and employment opportunity, Wal-Mart ranked first among retailers in Fortune Magazine’s 2010 Most Admired Companies survey.” In order for one to understand what type of organization Wal-Mart’s size is one of great proportion and requires the organizational structure to be sound as well as effective. In the next few paragraphs the Wal-Mart organization will be examined and it will be determined what type of structure Wal-Mart possesses and how it can become more agile.…
Wei, L. (2006). Strategic Human Resource Management: Determinants of Fit, Research and Practice in Human Resource Management, 14(2), 49-60.…
Open communication is the appropriate communication method for this organization. Maintaining an open communication between management and the staff will allow for a more open understanding of the goals that need to be met. Open communication allows for ideas to be shared and problem solving to happen between employees for a cohesive outcome.…
Bateman, T.S., & Snell, S.A. (2011). Management Leading & Collaborating in a Competitive World (9th ed.). New York, NY:…
The selected organization for the topic is AAA Remodeling AAA Remodeling is a construction company that focuses on remodeling of residential homes along with weatherization on commercial and residential buildings. Description of organizational structure of AAA remodeling will be given. Two other organizational structures will be selected for the use of contrast and comparison. The organizational functions of the various structures will be identified to determine influence on the organizational structure. Explanation of organization design aids in the effort in choosing which structure will work best for AAA Remodeling…
At the request of the Tampa Tribune, three insurers allowed a reporter access to hospital cost and quality information they post on password-protected Web sites for their members. The companies were Humana, United Healthcare, and Blue Cross and Blue Shield of Florida. A Tribune analysis shows the range of prices that Bay area hospitals charge for the same procedures.…
Ming-Hone, T., Yu-De, L., & Yea-Huey, S. (2011). A GROUNDED THEORY STUDY ON THE BUSINESS MODEL STRUCTURE OF GOOGLE. Retrieved March 15, 2014, from…
The organizational that will be the topic of discussion in my final project paper is Wal-Mart Corporate. Wal-Mart was founded in 1962, with the opening of the first Wal-Mart discount store in Rogers, Ark. The company incorporated as Wal-Mart Stores, Inc on Oct 31, 1969. The company grew to 276 stores in all states by the end of the decade. In 1983, the company opened its first Sam’s Club membership warehouse and in 1988 opened the first supercenter. Wal-Mart became international company in 1991 when it opened its first Sam’s club. Wal-Mart serves customers and members more than 200 million times per week at more than 8,692 retail units under 55 different banners in 15 countries. With fiscal year 2010 sales of $ 405 billion, Wal-Mart employs 2.1 million associates worldwide.…
The main focused purpose of this organization structure paper is to select two organizations such as Facebook and MySpace. I will compare and contrast the differences of their organizational structures. I will also address and evaluate their organizational functions that made and determined their organizational structures. I will elaborate and explain their organizational design and how these organizations have influenced society especially in the social media world. As we all know today modern world, every single person has either a Facebook or MySpace account and spend numerous hours online talking, chatting, socializing, staying connected to friends and families, and networking with other work related colleagues or school projects. This has tremendously enhanced communication effectiveness and time limitation.…
Today’s marketplace is full of challenges. Virtually everyday companies are closing their doors because they were unable to compete with the ever-changing demands of their consumers and the business world itself. More and more, companies are battling external winds of change and competition to remain relevant and profitable to their stakeholders sometimes almost blindly. The advent of the information age has left businesses vulnerable to unscrupulous bloggers and other companies who seek to gain an advantage by any means necessary. Yet, while all these external demons can cause the downfall of even the most giant of companies there is a much greater threat that can lead to corporate ruin – organizational ineffectiveness.…
Organizational development is crucial to building a strong organization. Change in organizational mission, change in the economy, and change of inner structural changes can organizational mission, change in the economy, and change of inner structural changes can necessitate organizational development. When these changes occur, businesses seek outside organizational assistance. According to Jex and Britt (2008), organizational development is the implementation of programs, techniques, and methods that work together to enhance individual performance and organizational improvements. This paper will highlight the concept of organizational development. This paper will also clarify the process of organizational development, ascertain the philosophies associated with organizational development, and describe the environments necessary for successful organizational development.…