introduction to management

1. Why is innovative management importance and how have Walmart’s leaders demonstrated innovation throughout the company’ history?

The innovative management are importance to Walmart because nowadays the world have been changes from many aspect. In the past, Walmart have been survive with very limited amounts of innovation such as focus on providing quality products and simply update them to a level in order to maintain their competitiveness at market. Thus, all of these issues cause changes in human behavior which result for organization innovative management development. Innovation plays an important role in an organization’s success. This is because innovation can take the form as incremental improvements to Walmart’ existing products. Solid management can help Walmart to encourage and support innovation and realize the commercial benefits from it.

Walmart is the one company are so innovation in company history like the old leader doing based on the market places are places Walmart market their product at the area example Walmart make the market their selling all product in one place at the area so the customer don’t have waste of time to go buying something products at shop just go at Walmart market because everything the customer need having in Walmart. The Walmart too have created a difference innovation such as social network, to making relationship with their customer and other ways to their interacting with customers.

The other company’ history Walmart make names of their brands developing in the world and making the prices products very lower than competitors to make the customer satisfied when buying in Walmart market compare the market other competitors.

The technologies in Walmart have changer more advances to increasing their stock faster from normally and truly to run from out the stock and unsure from costs are not needed when do deliver to market.

 

2. Which management perspectives of the past century influence Sam Walton and Walmart? Explain.

The management perspectives of the past century influenced Sam Walton and Walmart are human relations movement, this perspectives about employer with manager are take care about their help people in difficulty situation like hunger, healthy and other thing. Sam Walton and Walmart have be influenced with J.C. Penny management is the management about humanistic perspective (human relations movement). Human relation movement it manger are walk in work place to see the situation the employer doing the jobs not just based analysis. The benefits to organize like approachability, trust, business knowledge and other to the Walmart situation.

Sam Walton are too influences by classical perspectives of management. This perspective mean control the big organization and give control of business production and also to economic and employer needed. The classical perspective of management includes scientific management in Walmart are focus on improve the employer productivity, bureaucratic organizations is manage organized on an impersonal, rational basis it make the manger using power instead of personality to delegate, and administrative principles are focused on the entire organization.

3. What social, political and economic forces are shaping the practice of management at Walmart in the twenty-first century?

The social forces are influence of culture that guides people and relationships Walmart’s. In the 21^st century the social forces at this times includes tradition, values and society’s exception community in business are make the practice of management at Walmart have doing it. For example their make the program to help people in hunger, create thousands a new jobs in every years and other program are helping people with the slogan company Walmart are the money have to save it make life is better in future.

The other forces is political forces is Walmart influence of political and legal institutions at near area company. The political USA have help Walmart to give effect in customer, competitor and supplier in business. That information about government policy can help Walmart to avoid from business trouble and when Walmart know the government policy it make every work whatever internal and external the company.

Meanly, economic forces are the availability, production, and distribution of sources in Walmart companies. The Walmart use management trends old and new to how it operates the activity employer. The economic in the 21^st century are happen unemployment is so many people not had the jobs, rate, the inflation are not stable and other economic situation. The Walmart can doing strategy to reposition the future economic are have maximum the benefit for people, profits and planet.