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Real World Situations

Essay by   •  July 2, 2013  •  Study Guide  •  232 Words (1 Pages)  •  1,668 Views

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UNNING HEAD: REAL WORLD SITUATIONS

Shonda Santiago

Program Capstone

MGMT499-1205A-02

American InterContinental University

Abstract

This paper focuses on the elements of business of two particular organizations within the same industry. These companies will be compared and contrasted to focus on many areas such legal, social and economic environment to managerial, operation and financial issues that impact these organizations.

The subject matter of this paper is two organizations, one being Wal-Mart and the second being Target, both being in the retail industry. I chose these organizations as they focus greatly on customer service and product demand. These organizations have very similar environments and issues but address them in different ways to achieve their success and to differentiate the company in the industry. The following will address and analyze the two organizations in different ways their company operates:

WAL-MART

Basic legal, social, and economic environment in which the organization operates:

Managerial, operational, and financial issues impacting the organization pertaining to the following:

Company Culture and Performance-

Promotion Policies-

Strategic Decision Making-

Decision Making Style-

Management Style-

Leadership Style-

Communication Style-

Use of SWOT Tool-

Operations Strategy Framework-

Impact of potential change factors as they relate to the functions of management which include Changing External Conditions:

TARGET

Basic legal, social, and economic environment in which the organization operates:

Managerial, operational, and financial issues impacting the organization pertaining to the following:

Company Culture and Performance-

Promotion Policies-

Strategic Decision Making-

Decision Making Style-

Management Style-

Leadership Style-

Communication Style-

Use of SWOT Tool-

Operations Strategy

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