Week 8 Business Assignment: Organizational Change Walmart

Organizational Change – Walmart
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Your Institution of Affiliation
July 27, 2017
Overview
Being one of the biggest corporations in the world, Walmart has served almost half of the world’s total population, by establishing branches both locally and internationally. In fact, as of today, it has been reported that the company manages sales which in total, is equal to a third of the U.S. economy. Despite its enormity and success, Walmart has also been known as one of the most expensive stores, both within and outside the country. However, this phenomenon is not simply because of the company’s aim to gain more profit at the expense of others. Rather, researchers say that the reason for the high cost of goods that they sell goes back to its outdated structure, culture, and most especially, management strategies. In line with ...