Sunday, August 11, 2019
Organizational Structure Paper Term Example | Topics and Well Written Essays - 500 words
Organizational Structure - Term Paper Example The firmââ¬â¢s cost leadership strategy has played an important role in its worldwide success as a mass retailer. Corporate Functions Wal-Mart adopts the separation of roles between the CEO and the Chairman of the Board. Under the board of directors come corporate functions specifically for finance; governance; human resources; legal affairs; replenishment, pricing, and planning; and global logistics. These are highly centralized functions that provide support to all business units and operations. Business Units Wal-Mart has three global business units: ââ¬Å"Samââ¬â¢s Club, Wal-Mart US; and Wal-Mart Internationalâ⬠(Wal-Mart, 2009, n.pag.). Under these business units are corresponding functional divisions such as the marketing, administration, merchandising, logistics, etc. Samââ¬â¢s Club is a supplier for small retailers requiring a form of membership to avail of Wal-Martââ¬â¢s promotions and other services. In the United States, Wal-Mart operates ââ¬Å"discount stores, supercenters, and neighborhood marketsâ⬠(Wal-Mart, 2009, n.pag.).
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