Business final report Research Paper Example | Topics and Well Written Essays - 2000 words

Business final report - Research Paper Example Economically, Wal-Mart has been able to expand its sale to almost 50% even during the recession. Wal-Mart has been admired worldwide due to its social aspect in respecting it customers and other individual who form part of their social life. In addition, Wal-Mart has been able to create environmental sustainability through submission of important sustainability goals. However, the company has had allegations of disregarding its employee’s rights. In another dimension, Wal-Mart is a leader in the use and application of technology in the effort to maximize operational efficiency. I would like to thank all those helped me in the research. In particular, I would like to thank Dr. J.L Waltman for being part of my research as he guided me through, especially on the best approach to use in order to perfect my report. Table of Contents 1.1 Introduction 4 1.2 Political Factors 4 1.3 Economic factors 5 1.4 Social Factors 7 1.5 Environmental factors 8 1.6 Legal factors 9 1.7 Technologica l factors 10 1.8 Conclusion 11 References: 12 1.1 Introduction Wal-Mart is one of the renowned supermarket brands in America running numerous chains of large departmental store and warehouse stores (Wal-Mart Stores, Inc., 2011). Apparently, the multinational store has been able to maintain its thriving market especially in the United States of America and other parts of the world (Matusitz & Lord, 2013). According to a research that was conducted in regard to Wal-Mart operations, it is evident that the multinational corporation has immensely gained a negative bad image in most part of the world where most of its stores and branches are found (Hicks, 2009). In light of this, Wal-Mart is continuously seeking to lessen the brand image through ensuring that they work professionally. 1.2 Political Factors Initially, Wal-Mart Corporation has placed its stores in the United States of America and other parts of the world. As such, it is important to ensure that there is political stability in such countries as this plays a huge role in maintaining market. If it happens that the some of the countries where some of the branches are suffer from political instability, it is advisable for the corporation to withdraw it market avoid poor market generated through politics in specific countries. Similarly, the corporation should be aware of the different government regulations and deregulation in the United States of America and other foreign countries such as Canada, Argentina, and China where the branches are situated (Karlgaard, 2013). Also, it is worth noting that government regulation and deregulation varies according to different countries. Any organization, corporation or business entity that wants to thrive in business must work within the regulations of a given country or state. In relation to this, the corporation should ensure that it follows the trade restrictions that are used in all its locations. In relation to this, Wal-Mart has continuously paid tax in all th e countries that its branches are located. Payment of taxes indicates that the corporation is politically responsible and is ready to work and follow the rules and regulations of the given countries. 1.3 Economic factors Economic factors specifically affect the corporation’s operations, as well as, the making of its decisions. Thus, there is must be economic growth, substantial rates of interest, over and above,