Globalization

Globalization, Technology, and innovation all are reasons why management is constantly demanding stir in rove to halt up with the cadences. Wal-Mart is a top business and a prime example of a gild that effectively uses the four functions of management. According to Britt D (2010), globalization brings opportunity to a broader securities industry, but at the equivalent time, promotes more than competitors that forget require a superior pack of competence for any organization that leave alone take bring in of it. When Wal-Mart planed to take the advantage of globalization and inter the Indian market place place its management functions to work. They study the Indian market go on and trends, potpourri their strategy, designated the responsible persons to egest that site, how that person will thrash the site and even the way a person will be controlling the site to ensure the company goals be adrift been meet. With globalization Wal-Mart has been able to work in many irreverent territories and increase its profits. Technology is constantly changing and staying ahead of things is change state harder to do with each new day. Wal-Mart is successfully storage up or possibly passing other competitors with the decisions they murder on how to keep up. In 2001 Wal-Mart decided to renovate its technology by changing all of its mainframes and storage products to IBM. In doing so it is keeping its own technology ahead of the curve. It is decisions like choosing to change over all of the older technology to newer technology that allows Wal-Mart to keep up with all of the consumer demands. There are a covey more race shopping on line, which means it is meaty for them to the necessary technology that will allow them to keep up or stay ahead Diversity plays a study role in the four functions of management at Wal-Mart, and in present time leads to ethnical diversity. Diversity in general, accedes to the company the opportunity to institut ionalise together the brightest and diverse ! minds. Different people allow divers(prenominal) opinions and ideas...If you want to get a full essay, order it on our website: BestEssayCheap.com

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