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Workplace report (2000 Words) - Essay Example

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The company opened its first store in the Arkansas region and worked mainly to help address the needs of the customers and local communities through encouraging them…
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Workplace report (2000 Words)
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Download file to see previous pages Strategic Leadership, innovation and commitment to the stakeholders of the concern are some of the right keywords that can be effectively related to Wal-Mart operating in the international retail paradigm (“Our Storey”).
The Organisational Structure of the Company shown in the Appendix reflects a Hybrid Form where specialised units are created by the concern that focuses on addressing the needs of specific departments and also other international regions. Relating to the departments specific heads are deputed that take care of the legal, merchandising, sourcing, and electronic and web commerce and also financial and corporate affairs of Wal-Mart. Again pertaining to the regions effective decentralisation is practiced by creating heads and deputy heads for international regions relating to Asia and European countries (“Walmart”).
Rational model related to decision-making functions rests mainly along four steps that can be underlined as follows. The Rational Model moves along in firstly Identifying a Potential Problem; secondly the model endeavours to Generate Effective Solutions to the Problem identified, thirdly and fourthly the model probes to Select a Solution from the List of Generated Ones and tends to Evaluate its Feasibility in meeting desired ends respectively. Thus the Rational Model is based on a series of Logical Steps that aims at finding an Optimal Solution to the Problem identified. Rational Model is also based on some assumptions reflecting that the manager takes decisions in a well informed environment (Kreitner and Knicki 337).
The Normative Model as rendered by Herbert Simon contrary to the Rational Model tends to operate based on an environment of uncertainty. This model being non-rational in nature tends to follow assumptions wherein the manager is not held to work in an informative work environment such that decisions can be taken in an ...Download file to see next pagesRead More
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