Analysis of Warmart annnual report 2009 Essay Example | Topics and Well Written Essays - 4000 words

Analysis of Warmart annnual report 2009 - Essay Example Wal-Mart Stores, Inc. functions Wal-Mart discount stores, super-centers, local markets and Sams Club sites in the United States. The company also functions in Argentina, Brazil, Canada, Chile, China, Costa Rica, El Salvador, Guatemala, Honduras, India, Japan, Mexico, Nicaragua, Puerto Rico and the United Kingdom (Wal-Mart Issues 2009 Annual Report to Shareholders). According to Rob Walton, Chairman of the Board of Directors, Wal-Mart Stores, Inc., the world requires a retailer that saves individuals’ money to provide them a better life. The director of the company is proud to know that millions of customers as well as the new ones are turning to them for their service. They are better placed than ever to meet the requirements of our consumers and members. Their approaches are distinctly defined and their management group is united and focused on distributing the best possible experience for customers and associates. The merchandising group functions with suppliers to guarantee value, diversity and quality. What works behind their success is the global price leadership position. They are much more committed to sustainability, liable sourcing and affiliate opportunity which creates a difference for them. Development opportunities keeps on emerging even in complicated business environments. Their major strength is their consistency which in turn helps them to maintain leadership. Mike Duke is committed to the values and goal that are Sam Walton’s birthright, in addition to the members, consumers and shareholders. Lee Scott, ex-CEO for nine years, assisted Wal-Mart to reach heights of sustainability, variety and inclusion of all individuals and helped the owners to engage with others on crucial issues like health care, and also supported to strengthen Wal-Mart’s status as a reliable and caring company. The management of Wal-Mart always tries to present its financial reports in a clear and