Sunday, May 12, 2019

Compare the five Business functions in two organisations (SEE Essay

Comp be the five Business functions in two organisations (SEE INSTRUCTIONS) - Essay ExampleBusiness functions are structured and operate differently in different contexts.With this in mind we shall consider here the victor or failure of two competitors namely, Wal-Mart and Kmart, both of who are general merchandise discounters. While Sam Walton (CEO Wal-mart) did write down off with the basic idea borrowed from Kmart but his strategy was unique.At the out dress it was the marketing strategies of Wal-Mart that fetched them a inactive take off. While Kmart undefended up shops in large metropolitan cities like New York, Wal-Mart opened good sized stores in smaller towns. Wal-Mart chose isolated rural towns where more than one retailer could non survive and hence in no time all the local shops had to down their shutters. While Kmart cute to supply private cheaper brands to the affluent, Wal-Mart chose the national brands at low prices. This could be possible because of bulk purchas e. He managed to observe the prices so low that people could shop from home rather than make trips to the cities. They understood the needs of the node. gracious resource management was some other stronghold of Wal-Mart as right from the inception they did not believe in allowing or forming a confederation (Mitchell Levy and Paul A. Losch 2002). They felt it was detrimental to the interest of the company and the union only fed itself from both the management and the labors. They believed in exhorting their own people, motivating them through incentives and awards such as company stocks by which they could also make up for the low wages. A corporate culture was set which encouraged the employees and managers to consider the customer the focus of business. The customer is the king was the policy at Wal-mart whereas at Kmart customer service was poor. Staffing is a perennial challenge for any business. They should know when and where to employ the right number of people. This is an other sector where Kmart lost

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