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Concept of employee engagement
Concept of employee engagement
Concept of employee engagement
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On Friday January 17, I went to Walmart to use the ATM machine as I am incline to do every Friday after my morning math class. I went there with three goals to accomplish and that is to get money off of my card as soon as possible shop for snacks, toiletries and to catch the 1:30pm bus home, however as it turns out as I approach the machine there was an out of order sign posted on the ATM machine and I came to the realization that I would not be able to catch the bus in time. It was then that I remember the observational essay from English class and as I looked around the store Walmart prove a valuable place to conduct my experiment. From an observational point it seems to me that everyone who came into Walmart on Friday had a specific goal in mind that they wanted to accomplish, when it relates to shopping that had never occur to me before. For one thing the customers when they come into the store they tend to branch out into specific areas.
Some go right for the shopping carts, while others head for the ATM machine only to discover the posted sign “out of service” those customers head straight to the door maybe to find another ATM machine while the other customers head straight for customer service to return purchases and to pay bills, but before they can return their purchases those customers have to join very long line with only two employees at the cash register with a line that is hardly moving. Further down following the other customer along the aisle you get a quite discovery of just who the customers really are by the choice of product they choose and how long they linger in a specific area whether it is making a decision on what product to buy or a spur of the moment purchase. The most populated area by far that I have o...
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...hat it taught me to become more aware and cognizant about life and my surroundings in general. Another exciting fact that I have learn how interesting people can become when you stop, take notice and even make random conjectures even when in fact sometimes those conjectures are partly true. A third fact was that observing customers interaction that day most of it was geared towards achieving some sort of goal or purpose in the manner in which they walk through the aisle or even browsing the shelves one could conjecture that this also relates to life and how success is often defined by coaches their advice reach out and achieve that was how I perceive that setting. This has also taught me that observation is not merely observing customers, it is also involves immersing yourself in a particular surrounding and acquiring something that can open up a once limited world.
the many things that can be learned from it, instead of looking at it passively. You grow
The first Walmart was opened in Rogers, Arkansas in the year 1962 by a 44-year-old man by the name of Sam Walton. When he first envisioned Walmart, Walton believed that a successful business could be built around offering lower prices and great service. Despite his retail rivals laughing at his supposedly unsustainable business model, the company became hugely successful, and its success exceeded even Walton's expectations. The company went public in 1970, and the proceeds financed a steady expansion of the business. Today, Walmart is the largest retailer in the world, as it has 8,500 stores spread across 15 countries and annual revenues of $400 billion dollars. Moreover, Walmart is the
Analyzing Wal-Mart's annual report provides a positive outlook on Wal-Mart's financial health. Given the specific ratios and its comparison to other companies in the same industry, Wal-Mart is leading and more than likely continue its dominance. Though Wal-Mart did not lead in all numbers, its leadership and strong presence of the market cements the ongoing success. The review of the current ratio, quick ratio, inventory turnover ratio, debt ratio, net profit margin ratio, ROI, ROE, and P/E ratio all indicate an upbeat future for the company. The current ratio, which is defined as current assets divided by current liabilities, is a measure of how much liabilities a company has compared to its assets. Wal-Mart in the year of 2007 had a current ratio of .90, and as of January 2008 it had a current ratio of .81. The quick ratio, which is defined as current assets minus inventory divided by current liabilities, is a measure of a company's ability pay short term obligations. Wal-Mart in the year of 2007 had a quick ratio of .25, and as of January 2008 it had a ratio of .21. Both the current ratio and quick ratio are a measure of liquidity. Wal-Mart is not as liquid as its competitors such as Costco or Family Dollar Stores Inc. I believe the reason why Wal-Mart is not too liquid is because they are heavily investing their profits for expansion and growth. Management claims in their financial report that holding their liquid reserves in other currencies have helped Wal-Mart hedge against inflationary pressures of the US dollar. The next ratio to look at is the inventory ratio which is defined as the cost of sales divided by average inventory. In the year of 2007, Wal-Mart’s inventory ratio was 7.68, and as of January 2008 it was 7.96. Wal-Mart has a lot of sales therefore it doesn’t have too much a problem of holding too much inventory. Its competitors have similar ratios though they don’t have as much sales as Wal-Mart. Wal-Mart’s ability to sell at lower prices for same quality, gives them the edge against its competition. As of the year 2007, Wal-Mart had a debt ratio of .58, and as of January 2008, it had a debt ratio of .59. The debt ratio is calculated by dividing the total debt by its total assets. Wal-Mart has a lot more assets than it does debt so Wal-Mart is not overleveraged.
I walked into the front of the store to see a crowd of people searching for a good grocery cart. One that wouldn’t wobble every second that you pushed it. I took a look at many of the faces as they were beginning or ending their shopping experience. The people walking in looking for a cart seemed unsure or not pleased to be there in the first place. While the people leaving looked happy and eager to get home. I took this as a clear sign that this was not the most enjoyable place to ...
This is a good question. Walmart started as a small five and dime in the city of Bentonville, Arkansas by a man named Sam Walton. After a great success Sam and his wife Helen moved to Rogers, Arkansas where he opened his very first Walmart. He had some retailing experience after his time in the war and he chose Bentonville for the hunting season and because his wife wanted to live in a small town. His ideas of not pocketing extra cash from manufacturers, but rather giving deals to customers and trying to make profit off of how much he sold, changed the way retailers make money in America. Sam had a cheap mindset, not only for his customers, but for himself. Even when he became the richest man in America he continued to get his hair done for
On the above date and time I was conducting an area check of the Walmart parking lot.
Walmart is a multi-billion dollar retail industry that hires thousands of employees a year. Over the last decade Walmart, there has been some speculation that Walmart discriminates against women. They employ 815,000 women, which is 57 percent of its U.S. workforce (Reed). Over 2,000 women from each of 48 states have filed legal complaints against Walmart and the company is said to have a history of unfair treatment of these female employees by under paid and how there are so many lawsuits against them given few opportunities for advancement (Hines). I selected this topic because after doing some research I discovered some shocking information about how Walmart supposedly treats their female employees and how there are so many lawsuits filed against them. This relates to my field of study because it shows what goes on internally between a company and its employees and how a company’s decision affects their employees. This also relates to my field of study because it an example of what occurs sometimes within a company and that is legal action from employee to the employer.
Hkust and Hkust (2002) expressed that limited research studies have been conducted to determine how service waits can be controlled. To control the time customers’ wait in line,
On Sunday, November 29 around 5:00 in the evening, I did a naturalistic observation in a grocery store. This observation was naturalistic because I observed the behavior of individuals of the grocery store going about their routine with no intervention (Feldman, 2014, pp. 32). There were many developmental stages from childhood, young, middle and late adulthood.
How does managerial planning for Project Impact take place at different levels within the organization?
For my field activity to visit a local farmers market I decided to go to the oldsmar flea market located on 180 Race Track Rd N, Oldsmar, FL 34677. I decided to visit on October 1st from 3pm to 4:30 pm but the flea market is open every Saturday and Sunday from 9am to 4:30 pm. When I first pulled up there was plenty of signs directing me to a parking lot in front of the entrance to the flea market. The parking lot consisted of acres of grass and you can pretty much park wherever you want. “there are more than 1200 vendor booths over a sprawling 20 acres-and plenty of free parking!”(HOME.
They are often the things which one cannot value In pounds and pence. The supermarkets and hypermarkets often contribute nothing to community life. The conveyor-belt speed service leaves little space for chat a personal interaction, after all "time Is money", and the assistants appear to resent the customers. This is not entirety surprising -- every one shopping or employed in a superstore become inevitably de-personalised when there is an absence of familiarity and where everyone is a stranger. A hierarchy builds up and customers with a complaint about products/service have to phone or write to faceless customer enquiry departments ... which are often miles away.
Around Christmas time all people have a different way we like to go about shopping. Some like to stay in the comfort of their own home. While others like to save every little penny they can and some shoppers like to get in and out of the store as fast as possible. There are three types of holiday shoppers, the online shoppers, the bargain shoppers, and last but not least the man on a mission.
Shopping is something that has to be done whether you enjoy it or not to get essentials needed. We all go places where merchandize is being sold for a specific reason. Whether you go to the mall, shopping centers, or your local grocery store, you 'll always encounter many types of shoppers. Shopping isn’t always as fun as it sounds to everyone, but it is something we often do. This is the only way we get products we need, by personally buying them. You have three main shoppers including impulse buyers, list makers, and bargain hunters.
One of the most populated places at all times is the mall. That is why I decided to visit a local mall to observe various types of interactions in a public setting. Even though most people consider themselves to be almost invisible in a public place, they often are not. Most people go to the mall for a particular reason: shopping, food, walking, or anything else that may be related to the type of shops in the mall. That is why the type of people that visit, are just as eclectic, thus their interactions are that much more interesting to observe. The mall that I visited is comparatively new, with three stories altogether. The bottom one is mostly occupied by the food court, while the second and third host a movie theater and a children’s playground.