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Nearly 1,600 stores are operating in 47 states, with plans to have 2,000 stores by 2010. Target is currently ranked as the fifth largest retailer following Wal-Mart, Home Depot, Kroger, and Costco (Stores, 2007). Target could not be successful if it did not deal with external and internal factors that can help or hinder the four functions of management.
Internal and external factors can have quite an effect on the four functions of management. For example, Target has been involved in merging or acquiring other companies. Employees have the risk of department restructuring or lay-offs. New plans and strategies will need to put in place as well as organizing the resources, or additional employees, acquired from a merger...
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