This Crazy

In: Business and Management

Submitted By gyyyte1236
Words 1175
Pages 5
Organizing Paper
Roberta Willis
Management Theory, Practice and Application (MGT/230)
August 26, 2013

One function of management that any company must focus on is being organized. Wal-Mart is one company that comes to mind when I think of a large corporation that organized. The management function within a corporation such as Wal-Mart is normally one that not only has responsibility, produces unlimited effort as well as carries the authority given. When the company is able to run successfully without issues arising, there is no doubt that the company is well organized. Somewhere along the line if there was a problem to arise they are well organized and prepared to handle any issues they are faced with. Wal-Mart is one very dominant business in today’s society. They operate over 7,000 stores across the United States including warehouses, supercenters as well as Sam’s Clubs in Canada and Mexico. Wal-Mart was created in Rogers, Arkansas in 1962 (Wal-Mart Corporate, 2013). According to the organization process the functions of management are pulling together and combining human finances, physical information and other assets are required in order to accomplish goals ( Bateman & Snell, 2009). Sam Walton ran into a financial burden in 1972, where he did not have the money to invest in other stores. In order to overcome, he invested into the New York stock exchange. He then made a large enough profit to then expand. Wal-Mart had then opened 276 stores within the 80’s (Wal-Mart Corporate, 2013). Organizing covers such a vast amount of things such as: physical assets, knowledge, technology, human resources as well as finances which will all be covered in this paper. According to Investopedia physical assets are items of economic, commercial, or exchange that has tangible or material existence (Investopedia.com). These assets could be cash, equipment, inventory…...

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