etermine_its_mission,_vision,_and_goals-Walmart_Corporation.docx

Etermine_its_mission,_vision,_and_goals-Walmart_Corporation.docx

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Running head: WALMART CORPORATION 1 Walmart Corporation - Its mission, vision, and goals Name Institution
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WALMART CORPORATION 2 Abstract Walmart Corporation is one of the leading company in the world as a hypermarket trending on the sale of a variety of products such as electronics, clothing, and foods among other products (Walmart, 2012). Additionally, the company performs a lot of programs that support the community for better lives. Furthermore, the company is known for selling prices quality products at a low price with the intention of making better lives as stated in the mission statement. The paper discusses the vision, mission, and goals of Walmart Company. Additionally, the paper discusses a brief history of the company to facilitate a better understanding of the company’s goals. Key words: Walmart; Better life; Company; Retail
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WALMART CORPORATION 3 History Walmart Company is an American Multinational retailing corporation operating as a hypermarket, grocery, and a discount department stores (Walmart, 2012). Sam Walton founded it in the year 1962 and the year 1969; it was incorporated. The corporation has its headquartered in Bentonville, Arkansas. The company has its many branches operating from all over the continent. The company is regarded as one the largest company with an approximate revenue of $480 billing as per the Fortune Global list (Walmart, 2012). Additionally, the company has the largest market value as well as largest grocery retailing in the United States. The considered as a family company controlled by Walton family. Furthermore, the company sells a variety of products ranging from foods, clothing, and electronics among others. Walmart helps its customers to save money as well as live a better life anywhere and anytime both in offline and online stores. Each week, the company receives over 260 million customers and members using the website. From all over the world, the company has employed over 2.4 million of associates. Vision “To be the best retailer in the hearts and minds of consumers and employees.” Walmart aims to be the best retail store in the USA and other countries. However, as part of the vision, the retail store has already achieved to be one of the leading retailing industry. According to the vision statement, the company is centered on the needs of the customer that is it is pointed at getting into the mind and heart of the customers and the employees to achieve the best (Walmart, 2012). Following its vision, Walmart has managed to get to influence the customers and employees based on financial benefits. That is, whenever customer’s purchases from
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WALMART CORPORATION 4 Walmart, they save money since it sells at relatively lower prices than other stores (Greenwald et al., 2015. Additionally, the employees earn salary and wages.
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