Tuesday, May 7, 2019

Comparing Wal-Mart in the U.S. and Unilever Company in U.K Essay

Comparing Wal-Mart in the U.S. and Unilever Company in U.K - Essay ExampleThe two companies have similarities in their undertaking of the daytime to day functions and also in their formation. First is that both have their constitution in place that governs its operation. This helps the company not to act ultra vires which are an offense and the company could be held liable. Second is that both are ratified corporations that are independent of its stakeholders and liable for any illegal activity. The company in both U.S and U.K are viewed as a legal person who tidy sum contract and be liable for any breach (LEIDEN UNIVERSITY & RICKFORD, 2003).The leash is that both companies are multinational companies that have gone global in their operations. This has been made successful by the availability of good management structures within the companies that are able to embrace changes in technology consequently gaining competitive advantage (TYSON, 1997). Next is that their major aim to m aximize their profit be reducing live and maximizing output in all their operations. Being able to develop from tiny companies to very enormous multinational companies is key evidence that they have been able to maximize their shareholders wealth. Fifth is that they both have embraced contrasting managerial styles from different scholars. For example, both companies have embraced the division and specialization of work within their companies. This includes different departments with employees who can perform the task involved more effective and efficient ways. In both companies, the major object is the consumers.

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