Organizational Structure Paper Justin Brooke MGT 230 15 June 2015 Dr. Timmons Organization Structure Paper This paper will discuss Wal-Mart and how it is a divisional structure. I will then evaluate how divisional structure affects the company in operations and marketing. This will also include how product sales and growth choices are affected. Wal-Mart was founded in 1962 by Sam Walton. He opened up the first store in Arkansas. The first store was a basic discount store providing its customers with low cost products. In 1983, Sam Walton expanded the Wal-Mart brand name to include its first Sam’s Club. This member’s only store warehouse that offers bulk items from everything to clothing to household cleaning items to food later became a huge success. Wal-Mart, in 1988, opened its first supercenter store that offers a functional grocery sector as well as its general merchandise area. Sam was able to establish more Wal-Mart stores when stock for the company was offered on the New York Stock Exchange, providing him with enough capital to offer his discount superstore across the country. There are over 633 stores open nationwide and in 28 countries around the world (Walmartstores.com, …show more content…
Wal-Mart has continuously remained successful in offering consumers low price products and is continually looking for new innovative ways to help customers save money as well as finding ways to contribute to communities. The low-cost strategy has helped the company to remain competitive in its market and contributes to its enormous success. The structural design of the company makes it flexible to changes in the environment, economy, and needs of shareholders, and consumers alike. The company has taken advantage of the technology revolution by advancing and changing barcodes on their products, providing fast and quality service to its consumers, and offering wide varieties of