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Business Managers

Autor:   •  March 1, 2013  •  Essay  •  391 Words (2 Pages)  •  1,322 Views

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Business managers prepare strategic plans for a company. A strategic plan is the framework for decision making for support and approval. Each plan should be detailed as to what is needed.

The frist thing the company has to do is create a vision and mission. Wal Mart is no exception and there vision “Is to become the Worldwide leader in retailing.

Their mission “is to enhance and integrate their suppliers and diversity programs into all their procurement practices and to be an advocate for the minority and women-owned business” “to give ordinary people the chance to buy the same things as the rich people” (2012 Wal Mart annual report).

Wal Mart values started when they opened their doors 50 years ago. The company wanted to build up the business with smaller prices and pass the savings on to their customers .Wal Mart wanted these people to have a better live and these values remain intact still today. Wal marts goal is to deliver quality products at a cheaper price both here at home, and in the global community and they have achieved their goals.

Wal Mart has several strategies in their plan one is the company can offer more products at lower prices. They are much diversified they have a number of different kinds of products from clothes, to food items and people can shop and get a lower price and have to stop at one store.

They meet the needs of the people in their own community as well as globally. The company knows how it wants to treat their customer, and they can provide what he or she needs anywhere in the world.

The world of retail is constantly changing customers can order products online Wal marts goal is to continue with this trend in the future. The company hopes to use online, social, and mobile innovation with the physical stores. Customers can shop anywhere and anytime they want to. Wal mart wants to lead and make a difference on issue that matter the most to the customer as well as the

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