Walmart Essay

458 Words2 Pages
The Company of choice is Wal-Mart Stores that exist in the global industry Classification Standard. Wal-Mart Stores is a top company within the retail industry and it concentrates in general merchandisers with discount stores, neighborhood markets, and super centers. The company has categorized its general business activity and the commercial enterprise or the principal products as being division of the retail Industry. Considering the main purpose of Global Industry Classification Standard classification, its determined that it aims at enhancing the overall investment research and significant asset management process. Such kinds of information are made for financial professionals all over the globe. This provision makes the company to be more inclined to this industry, since it has a description that is more related to retail industry. It is believed that the global industry classification standard has the result of frequent discussions with the individuals who own asset, investment an analyst, and the portfolio managers. Such involvement is based on the global aspects and is considered to react to the needs of the global financial community for the purpose of accuracy, absolute and standardized industry characterization. The company’s mission statement is as follows; “Our mission is to enhance and integrate our supplier diversity programs into all of our procurement practices and to be an advocate for minority and women owned business.” Considering the background of the mission statement, its clearly indicated that the company’s brand and the overall industry are incorporated within the business. Through this, it is clearly known that Wal-Mart has redesigned Great Value of packaging graphics to create a consistent, recognizable look throughout the store, making it easier for customers to find their favorite products. The new Great Value packaging offers easy to

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