The Activity Based Costing – ABC system accumulates the cost of various important activities and assigns this accumulated cost to products and services according to the treatment of activities. Through ABC the overall resources of an organization can be allocated to higher yielding products rather than high cost products ABC differs from traditional costing method in the treatment of costs and activities related to resources […]

Introduction Wal-Mart may be one of the most recognizable establishments in America. Indeed, one has to come across an American who is not familiar with the chain of retail stores. It is consist of thousands of retail stores, selling items at a discount to consumers. Since its inception in 1962, the company has grown exponentially, in terms of sales and brick and mortar branches put […]

Wal-Mart, “Always Low Prices, Always.” It is well known that one of the great keys to Wal-Mart’s formidable success is its lower-than-low cost of doing business. Wages in particular are as low as can be. Minimum wages and minimum benefits: that’s the way Wal-Mart stays ultra competitive. This report examines the state of Wal-Mart’s business practices and its effect on the economy. It will describe […]

Vertical integration is a business growth strategy for economics of scale. It is typified by one firm engaged in different parts of production example; growing raw materials, manufacturing, transporting, marketing, and/or retailing to expand business in existing market for the firm. It can function in two directions both forward integration and backward integration. In Forward integration involves company to develop strategy to control the firm […]

In “Down and Out in Discount America,” writer Liza Featherstone (2004) exposes the dirty tactics and unfair business practices that fuel Wal-Mart’s success as a giant retail company, and suggests effective strategies to defeat corporate crime. According to Featherstone, Wal-Mart is one company that literally profits and grows from the presence and worsening of poverty situations, as shown by the results of a study conducted […]

Back in 1962 Sam Walton, the founder and director of Wal-Mart Corporation, opened his first store thus making a start for tremendous chain of supermarkets through the world. From humble, hard-working roots, Sam Walton built Wal-Mart Stores, Inc. into the largest, fastest-growing, and most profitable retailer in the world. In 1950, he relocated to Bentonville, Arkansas and opened a Walton 5&10. Over the next 12 […]

Corporate Social Responsibility and Wal-Mart Corporations deal with a wide variety of social issues and problems; some directly related to their operations, some are not. Corporate Social Responsibility (CSR) can be defined as “the actions of an organization that are targeted toward achieving a social benefit over and above maximizing profits for its shareholders and meeting all its legal obligations” (Ghillyer 78). If this is […]

This case provides insight into how capital budgeting decisions are made and the factors that influence the decision making process of large corporations. Specifically, the case centers on the capital expenditure meeting for the Target Corporation, which is one of the top ten retailers in the United States. All corporations have some version of this meeting. The goal of the meeting is to determine what […]

Essay: Is Wal-Mart Good for America? Currently Wal-Mart has 4,227 stores in the U.S and 3,210 internationally. Wal-Mart is the largest retailer in the world. In 2004 Wal-Mart accounted for 6.5 percent of the retail sales. In 2004 Wal-Mart had 1.3 million employees (Emek Basker). Sam Walton, a former JC Penney employee, started a small store named Walton’s in Bentonville, Arkansas in 1945. It grew […]

Wal-Mart’s four years at the top fortune 500 list has confirmed that the retailing giant is all powerful and unstoppable. Its great success over the last decade and half isn’t a smooth sailing and does bring its own critics regarding the company’s business practices. Management reluctance to let employees for union, Biased against women for certain jobs and hiring of illegal immigrants to clean up […]