WAL-MART COMPANYMANAGEMENT POLICIESINTRODUCTION To start with, it is important to note that Wal-Mart isthe biggest retailer in the retail industry. The company has operations both in America underthe Wal-Mart brand and in the global market underseveral brands. The company is proud to operate over ten thousandretail stores world wide.MANAGEMENT PRACTICES Management practices are the things that themanagement is used to doing in order to run thecompany successfully. The company has standards that it has set for themanagers to meet for them to be able to operateeffectively. They include: Effective communicationCONTINUATION Selecting the right people- This is the second in wholemanagement role because it is the people under thefirst management that do the work in the stalls. Leading by example is also a practice that themangers have Delegating of duties Good supervision of their respect responsibilityGROWTH IN SALESFACTORS FOR GROWTH IN SALES There are several factors that have been attributedwith this growth in sales. They include: Identifying and relating with the customer. WalMart has been able to identify a specific class ofcustomers and focusing your efforts on them. Listening to the customer needs and their concernsCONTINUATION Good customer care- The employees are trained onhow to relate with the customers and offer goodservice. Innovation is the selling of products. This help ...
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