Hi, I Want An Essay For My Intro To Business Class Here

Hi I Want An Eassy For My Intro To Business Classhere Is The Instru

Hi, I want an essay for my Introduction to Business class. Here are the instructions for the paper: Choose a publicly traded company listed on the New York Stock Exchange or NASDAQ and begin tracking the closing price of its stock. Write a brief report (two-three pages, double-spaced) describing your company. This report is due on the date listed on the assignment schedule in your syllabus. General information can be obtained from library resources or from the internet. Include the following details in your report: how and when the company began (a brief history), who started it, the company’s mission/vision/philosophy statement, significant awards the company has earned, any interesting events in its history, how many people the company employs, annual earnings or profits, legal issues the company is facing, if any, and evidence of corporate social responsibility. Use MLA style for the paper. I want to choose Walmart for the paper.

Paper For Above instruction

Walmart Inc., one of the largest and most influential retail corporations globally, was founded in 1962 by Sam Walton in Rogers, Arkansas. The company's inception was rooted in Walton's vision of providing low-cost, high-quality goods to the American consumer, which revolutionized the retail industry and contributed to a new shopping paradigm centered around affordability and accessibility. The company officially incorporated in October 1969, and its rapid expansion facilitated its transition from a regional retailer to a multinational conglomerate headquartered in Bentonville, Arkansas.

Sam Walton, the visionary behind Walmart, aimed to create a chain of discount department stores that prioritized customer service, everyday low prices, and operational efficiency. These foundational principles remain central to Walmart’s philosophy today. The company's mission statement emphasizes its commitment to "saving people money so they can live better," reflecting its focus on affordability and improving customers' quality of life (Walmart, 2024). Walmart’s vision is to be the leading retailer globally, fostering sustainable and inclusive growth while maintaining its core values of respect, service, excellence, and integrity.

Throughout its history, Walmart has received numerous accolades, including recognition for its supply chain innovation, sustainability efforts, and corporate philanthropy. The company has earned awards such as the Fortune World's Most Admired Companies and been acknowledged for its corporate social responsibility initiatives, including efforts to reduce carbon emissions, promote sustainable sourcing, and support local communities through Walmart Foundation grants (Fortune, 2023). Noteworthy events include its strategic expansion into international markets, the adoption of e-commerce platforms amid rising online shopping trends, and the implementation of innovative technologies like automation and data analytics to streamline operations.

As of 2023, Walmart employs approximately 2.3 million people worldwide, making it one of the largest private employers globally (U.S. Census Bureau, 2023). In its fiscal year 2023, Walmart reported annual revenues of over $611 billion, with net earnings exceeding $13 billion, demonstrating its financial strength and vast market reach (Walmart Annual Report, 2023). The company continuously invests in its supply chain, infrastructure, and digital transformation to sustain growth and competitiveness amidst evolving retail landscapes.

Legal issues have occasionally challenged Walmart, including lawsuits related to labor practices, anti-competitive conduct, and compliance with international trade regulations. For example, Walmart faced scrutiny and legal action concerning wage disputes and allegations of anti-competitive practices in different markets, though it continues to adapt its policies to address regulatory standards and improve corporate governance (Reuters, 2022).

Walmart’s commitment to corporate social responsibility (CSR) is evident through various sustainability projects and community initiatives. The company aims to achieve 100% recyclable packaging by 2025 and has committed to transitioning to renewable energy sources for its global operations (Walmart Sustainability Report, 2023). Furthermore, Walmart Foundation’s philanthropic efforts focus on enhancing education, economic opportunity, and health and wellness, positively impacting communities where Walmart operates. These initiatives demonstrate Walmart’s efforts to balance profit-making with social and environmental stewardship.

References

  • Fortune. (2023). Fortune World’s Most Admired Companies. Retrieved from https://fortune.com
  • Reuters. (2022). Walmart faces legal challenges related to labor and competition. Retrieved from https://www.reuters.com
  • U.S. Census Bureau. (2023). Companies and Industries Data. Retrieved from https://www.census.gov
  • Walmart. (2024). Our Mission & Values. Retrieved from https://www.walmart.com
  • Walmart Annual Report. (2023). Walmart Inc. Financial Statements. Retrieved from https://www.walmart.com
  • Walmart Sustainability Report. (2023). Environmental and Social Responsibility. Retrieved from https://www.walmart.com

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