Term Paper APA Style - 1500 Words Essay Example | Topics and Well Written Essays - 1500 words

Term Paper APA Style - 1500 Words - Essay Example t of executive authorities and their management, the roles and responsibilities offered by the employees and the effort that whole company put forward into it. The organizing approaches are based on various factors such as physical assets, financial position, human resources department, knowledge and technology (â€Å"Organizing function of management†, n.d.) which are explained here: Physical assets: Wal-Mart efficiently manages its physical assets in such a way that it keeps the prices low of its products and services, earns more profits and hence gain more customer satisfaction as compared to its other competitors (â€Å"Organizing function of management†, n.d.). Human resources: in order to achieve goals, vision and make a long-run success, Wal-Mart holds an effective Human Resources management. According to (â€Å"Organizing function of management†, n.d.), the HR department performs following duties: Knowledge: Wal-Mart gains important knowledge regarding various demographic factors through their internal and external working information department (â€Å"Organizing function of management†, n.d.). These demographic features include population, age, location, density and unemployment rate. These economic factors act as pointers which are noted down by the company time to time in order to calculate the economy rate, ups and downs and effect on market etc. (â€Å"Organizing function of management†, n.d.). Technology: the company organizes strategic acts in dealing various technological factors such as choosing or losing any technological product, controlling assets and inventories using online technologies, modernizing information gathering mediums, advertising products via in-stores Ad network etc. (â€Å"Organizing function of management†, n.d.). The use of latest technology saves time and money. Controlling the internal matters is the main feature of the ethical base of Wal-Mart. The company controls its daily store-level and corporate level activities through