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Management's responsibility is to take these factors into consideration to ensure that business will be successful. These factors are its strengths, weaknesses, opportunities, threats, and trends. These factors are also referred by the acronym (SWOTT).
Wal-Mart's foundation was built on honesty, fairness, respect and integrity. They strive to preserve their foundation by bringing these qualities to the job everyday. Wal-Mart has always been a value-based ethically led company. Sam Walton had three basic beliefs that he believed that would bring the company great success. His three basic beliefs are respect to the individual, service to the customer, and strive for excellence...
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