Everyone has heard of Walmart and visited its stores, but what is Walmart really? If you’ve been wondering about this company, stay here to find out more about Walmart. So don’t miss the topic What is Walmart? What does the Walmart company do and what is its mission and vision? – Walmart objectives.
What is Walmart? What does the Walmart company do?
The first thing you should know about Walmart is that it is a corporation that meets the characteristics of a multinational company , and it originated in the United States, under the creative seal of Sam Walton. This corporation has the particularity that it operates with discount department stores , where the sale of groceries stands out, to such an extent that it is considered the largest grocery retailer in the United States.
This is not an isolated event, since the Walmart corporation is characterized by being the largest source of private employment worldwide, since it has an average of 2 million employees in all its locations. It was also the largest public corporation in the world , as stated by the Fortune Global 500 list last year, in addition to the fact that it is one of the most valuable companies in the world today.
What does Walmart do?
As is evident, Walmart is mainly dedicated to the sale of groceries , household supplements and the like, but beyond that, Walmart is dedicated to providing services to its customers related to providing services such as a self-service and high volume store, of course, keeping prices low.
Similarly, Walmart can be said to operate as a chain of hypermarkets, grocery stores, and low-price department stores selling at retail.
What is Walmart’s mission and vision? And your goals?
The corporate values can not miss a business , and clearly this should have a mission and vision that govern the actions of the entire organization. Well, let’s see what is the mission, vision, values and objectives that stand out at Walmart and that direct the way of acting of this large multinational corporation.
Walmart Mission
As Walmart has reported on its web portals, its mission is to be the best retail store , of course for the benefit of its customers, always have a wide catalog of quality products and always keep prices low.
This not only in the United States, where the largest number of branches of the company are located, but also in all the countries where this corporation operates.
Walmart vision
In relation to the vision of this corporation, they have also widely expressed the desire to become the best and largest retail store in the world, of course, this through the delivery of a high quality service and the best products. From the market.
If we analyze Walmart’s strategies to attract customers and increase sales, we will see that little by little they are achieving their vision, to the point that they have managed to maintain and build a good relationship with customers .
goals
Among the objectives in relation to customers, Walmart highlights objectives such as: improving the quality of life of families in the place where the branches are located, promoting and generating savings through low prices and of course offering the best shopping experience through its merchandise and excellent service.
On the other hand, in terms of the community, their objective is to generate safe sources of employment to contribute to the development of the community, also through the responsible use of resources, respect the environment, in addition to supporting communities through the Walmart foundations .
Regarding suppliers, Walmart wishes to promote in the best way the growth and development of its business partners , as well as promoting ethical and socially responsible practices, and of course well-established and long-term relationships with suppliers.
Finally, with the shareholders they intend to generate value in the short, medium and long term through the efficient management of resources , to establish a good Corporate Governance and to make the information management at Walmart transparent.
