Wall-MArt Assignment Example | Topics and Well Written Essays - 500 words

Wall-MArt - Assignment Example The divisional structure works for Wal-Mart in attaining the objectives of each division. Annual shareholders meeting assists in the governing process of Wal-Mart in several aspects, with the assistance of a president or chief executive officer. The Wal-Mart Corporation has forty-one regions, thirty-five Wal-Mart regions and six Sam’s club regions (Maestri, 2010). Regional vice presidents head the regions thus supervise the operation of stores in the region. Each region has stores in each district chaired or headed by district managers for Wal-Mart stores and directors of operations for Sam’s clubs. District managers collaborate with regional personnel managers who are responsible for hiring workers and settling their issues. Each Wal-Mart has a person responsible for the overall store activities (store manager) and one in-charge of the overall activities (general manager). Below the store manager, there are co-managers; their deputies depending on the size of the store (Maestri, 2010). Down the ladder, there are hourly department managers who supervise all the junior workers in the stores. However, there are certain elements in the company that affect this structure. The company has a transparency policy in its operation, based on documents filed by the US Security Exchange Committee. This policy applies in all the Wal-Mart stores situated outside the territories of the US. The nomination of the Wal-Mart’s directors is based on shareholders votes. Wal-Mart has a significant number of stakeholders thus should engage all of them in its operations. However, this is not the case, as there is no evidence that shows the engagement of this audience in the executive duties. In addition, the Wal-Mart structure does not encourage training its staff in a manner that engages the stakeholders. Wal-Mart lacks a policy to appraise its ecological effects. However, it has a social assessment plan that evaluates its significance to the society through ethical