Nobody downloaded yet

Section1:Business Plan(report form)Section2: Literature review - Essay Example

Comments (0) Cite this document
Management Name of Author Author’s Affiliation Author Note Author note with more information about affiliation, research grants, conflict of interest and how to contact Subject: Management. Topic:  Section1: Business Plan (Report Form) Section2: Literature Review…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER98.6% of users find it useful
Section1:Business Plan(report form)Section2: Literature review
Read TextPreview

Extract of sample "Section1:Business Plan(report form)Section2: Literature review"

Download file to see previous pages And Massmart Holdings Ltd is a one of the South African based firms that possess local brands, for example, Makro, Game, CBW and Builders’ Warehouse. It is the third biggest distributor of consumer goods in Africa, the biggest retailer of general goods, liquor and home development tools, and wholesaler of fundamental foods. There are numerous problems which Wal-Mart faces at present, and they are essentially significant in this extremely competitive business world. One of the principal problems arises from the teams and community groups in Walmart and Massmart. The difficulty experienced by Walmart is concerned with the building of cross-cultural teams in Walmart and Massmart. The paper intends to make a report regarding this problem, and give recommendations on the same. Setting up a proper work team in planning the future of Massmart, and building up a new vision have been found uneasy to achieve, and this can lead to the failure of Wallmart strategy. “Because of differences in culture, an employee posted outside his or her home country will experience confusion, alienation, disorientation, and emotional upheaval. This is known as culture shock” (Cross-Cultural Issues n.d pg 27).Even if no one can force to have such kinds of union in Wal-Mart, these troubles still hurt the industry itself. The unions and team complain that Wal-Mart stores take benefits from the stuff meant for sale. Based only on their revenue, they were not capable of providing health insurance and various other types of benefits. Wal-Mart workers normally give the business high performances, but they never obtain appropriate benefits and pay. In fact, they obtain an extremely low pay. “Wal-Mart may face several adverse consequences as a result of staffing and scheduling not being prepared appropriately” (How Strategic Management Handled Wal-Mart’s Reputation 2005). SUMMARY Purpose: The purpose of this report is to explain the various problems related to cultural differences in team and community group at the time of Wall mart in the acquisition of the Massmart Company in South Africa and to find some solution regarding the same. Scope: It explains the problems connected with team building, offers some possible solutions and assesses each of these. Effectual teamwork is necessary in the modern world. Team formation needs more time, and generally follows some easily identifiable phases, as the journeys of the team is from the state of being a group of unfamiliar persons to that of being a joint team with a common objective. Culture is the one of the significant ingredient that will helps to build strong team and group formation. So, cross-cultural difference among the two companies leads to various cross-cultural issues. “Effective team leaders can accelerate that process and reduce the difficulties that team members experience by understanding what they need to do as their team moves through the stages from forming to storming, norming and, finally, performing” (Forming, Storming, Norming and Performing 1996 Pg 1). Conclusions: The report recommends solutions and measures to avoid and conquer problem related to team and community group in Wall mart in the acquisition of the Massmart Company in South Africa. These kinds of solutions are based on the literature review of cultural issues. Wal-Mart is the world's major retailer and the biggest business in the world based on incomes ignoring earnings (profits), ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Section1:Business Plan(report form)Section2: Literature review Essay”, n.d.)
Retrieved from
(Section1:Business Plan(report form)Section2: Literature Review Essay)
“Section1:Business Plan(report form)Section2: Literature Review Essay”, n.d.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document

CHECK THESE SAMPLES OF Section1:Business Plan(report form)Section2: Literature review

International business

...competitors may yield new insights into the strategic management of international businesses not encountered in localized businesses. 2. International Business Strategy To better understand the implications of the published reports and literature on Nokia’s global strategy and its local strategy in China, a brief survey of the existing theoretical discussion on international business strategy is warranted. The findings of past academic investigations have established salient theories to guide the assessment of data on the nature and quality of adopted strategies of Nokia in particular. The paradigm proposed by Eden, Dai and Li (2011) is particularly...
20 Pages(5000 words)Literature review

Wellness recovery action plan, self management tool

...this stage is important in the action plan say “we may find ourselves in a crisis situation where others will need to take over responsibility for our care. We may feel like we are totally out of control.” It is important for the health personnel to know that it is at this point of the action plan alone that there could be a third person and in this case, the health personnel. All this while, the patient would have to be keeping things to himself. This is because of the idea of the WRAP to make treatment self centred and a form of self-management. Following the crisis plan is the post crisis plan. This section will suggest to the health personnel how far...
5 Pages(1250 words)Literature review

Technology and Cultural Form

...Part A1 Summary of Reading The concepts that are linked to R. Williams article on technology and culture is one which challenges the reader with the belief that technology is a natural part of the evolution of culture. It is the belief that television, as well as technology, is one which has developed specifically because of the demands which are in society and the expectations that are a part of this. The author points out that the evolution is one which was created as a result of technological and scientific advancement, communication needs and alterations in society which pointed to the need to have new forms and consistencies within society. The invention of television, according to this article, is then based on...
14 Pages(3500 words)Literature review

Testing Weak-Form Efficiency of Chinese Stock Market

...reported in their investigation that the US markets are efficient in the weak-form context. Another study that supports this position is that one undertaken by Dow and Gorton (1997). In this study, it was found that economic efficiency has insignificant an impact on stock market efficiency. What this means is that wealthy economies cannot allocate their resources in order to achieve market efficiency or that the stock market functions in the same way as the conventional market. The researchers concluded that suppliers of capital are not responsible for their allocation and that stock prices are distinguished by the fact that financial securities are typified by a pure common values model (pp.1115). In a...
5 Pages(1250 words)Literature review

Business plan for a start-up ( Financial data)

...?Financial plan for a startup business Content Methodology 4 Introduction 3 Methodology 4 Uses of data 5 Process of analysis 7 Sources of data 11 Conclusion 11 Appendices 13 References 15 Financial plan for a startup business Introduction A business plan is a written down description showing the future of a business. It is a detailed work schedule that analyses al future aspects of a business. The plan is not just a document to be prepared and stored it is a vital blue print of any business that should be referred to from tm to time to see if the plan is...
10 Pages(2500 words)Literature review

Business Management

...? Business Management Contents Contents 2 Introduction 3 Critical Review of Literature 3 Research methodology 6 Findings 7 Analysing the findings Discussions 10 Conclusion 13 Reference List 15 Introduction Over the past few decades, researchers as well as business managers have realised that although organisations have increasingly amassed wealth and size, the perceived power assumed within these organisations have not seen similar change. Scholars have tried to define power as “the capacity to produce intended effects, and in particular, the ability to influence the behaviour of another person” (Dunbar and Burgoon, 2005). Power can reside in various forms in an organisation. These can be...
12 Pages(3000 words)Literature review

The form and function of Concept Store

...of the store is to sell their product and at the same time maintain brand superiority. This is why; the quality of the clothes is an imperative aspect that has been adopted by all Concept stores. This means that the prices of their products are high and at the same time, they maintain a very high level of quality. Brand name is extremely crucial in fashion business especially in high-end areas. 2.7.3 Form and Function of Architecture and Store Design within Concept Stores The store design and Architecture are very crucial to the fashion brands because they have for a powerful communication media to the customers. The design of the Concept store provides an expression of brand image which many people...
10 Pages(2500 words)Literature review

Practical research assignment report outline

...Mammalian Pest Report s Mammalian Pest Report Abdullah Hamzi Part One :Literature Review Introduction to Mammalian Pests In New Zealand Invasive species pose a threat to the biodiversity of New Zealand. Mammalian pests such as possums, rats and stoats are of major concern today since they lead to environmental degradation and species extinction. New Zealand has focused its research on developing novel strategies to tackle the problem of mammalian pests. Major Pests In New Zealand Some of the most destructive pests include possums, rats and stoats. Possums Possums are an introduced species in New Zealand. Scientifically known as Trichosurus vulpecula. They were brought in from Australia, and introduced...
7 Pages(1750 words)Literature review

Report outlining the major stages & variables of Business Relationship development (BRD)

...A REPORT ON BUSINESS RELATIONSHIP DEVELOPMENT TABLE OF CONTENTS TABLE OF CONTENTS 2 Introduction: 3 2. Review of the various stages in developing a good supplier relationship: 3 3. Cultural dynamics and its role in facilitating a good business relationship: 6 4. The linguistic requirements to establish and maintain long-term business relationships: 7 5. Review of the related theory associated with the business development within the context of sourcing a new supplier overseas: 9 6. Conclusion: 11 Reference List 13 1. Introduction: This report focuses on assessing the necessary aspects for developing sustainable relationship between the...
10 Pages(2500 words)Literature review

Evaluation Report and Feedback Letter

...EVALUATION REPORT AND FEEDBACK LETTER INTRODUCTION TO EXPERIENTIAL LEARNING Section A. Information and background to Pyramid Introduction to Experiential learning Defining learning has proven difficult as depicted by various literature across this discipline. The rationale of this fact is an individual will learn in her/her own unique way while sharing a similar experience (Beard and Wilson, 2006 p.16-21). Kolb’s cycle is can be used to give an in-depth understanding of the meaning of experiential learning, it illustrates that experiential learning is an individual’s learning process of forming meaning from experience. Kolb (1984) developed Dewey’s contention that experience alone can’t result to...
8 Pages(2000 words)Literature review
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.

Let us find you another Essay on topic Section1:Business Plan(report form)Section2: Literature review for FREE!

Contact Us