Report and Recommendation for Walmart

Report and Recommendation for Walmart Student’s Name: Student’s Number: Institution: Table of Contents TOC \o "1-3" \h \z \u Abstract PAGEREF _Toc14698264 \h 2Report and Recommendation for Walmart PAGEREF _Toc14698265 \h 4Overview of Walmart. PAGEREF _Toc14698266 \h 4Target Audience and Thesis PAGEREF _Toc14698267 \h 5Discussion PAGEREF _Toc14698268 \h 5Points in support of the Thesis PAGEREF _Toc14698269 \h 5Potential Opposition PAGEREF _Toc14698270 \h 9Conclusion PAGEREF _Toc14698271 \h 9References. PAGEREF _Toc14698272 \h 11 Abstract Stakeholders, directly and indirectly, influence the direction and success of any company. Walmart is no different because to date, its stakeholders have facilitated the strategic direction that they are taking in its retail operation and overall business as well as their success in its ultimate worldwide establishments. Although the stakeholders of the company have been pushing its businesses in to considering their interests, there have been major problems involving stakeholder interaction and managerial services. This paper seeks to examine Walmart Supermarkets, particularly its issues with stakeholders and recommend specific solutions. To understand the dynamics of the relationship between the management of the organization and its stakeholders as well as the general business at large, managers must identify the stakeholders, interact with them on a personal level and decipher their interests. Walmart will then use the information to guide their intensive decisions in order to achieve its satisfactory leadership position in stakeholder management. Report and Recommendation for Walmart Walmart has had several parties that have criticized it in various contexts. Over a long time in its history, the company has been criticized for poor treatment of employees and environmental issues including issues with tidiness. These parties include the U.S. union leaders, feminist and activists who claim that Walmart engages in forceful and deliberate misconduct intending to provide low price assets and accessories, besides being one of the biggest organizations in the world. Subsequently, one major problem that has always been constant in the organization is its relationship with the stakeholders. It is the parties' and competitor firms’ biggest accusation stating that the low price strategy of Walmart has forced them to terminate their businesses. Overview of Walmart. Walmart is one of the leading retail companies globally and in the United States with fiscal revenue of 514.41 billion in 2019, putting it in the second position of the world's corporations after Amazon. The organization has a total of 4,769 stores throughout the United States and 11, 766 stores all over the world (Wal-Mart Stores, Inc. 2019). Walmart, formerly known as Wal-Mart Stores, was founded in the United States as a single discount store selling more products for less, to having major discount stores, supercenters and neighbourhood stores throughout the world with the signature model of selling less for more. The company embraces manager compensation for higher profits, terms its employees as associates but discourages the notion of unionized workforce since it provides its employees with the necessary training on operation and ...