Next we will evaluate how the organizational functions like operations, finance, human resources and marketing influence and determine the organizational structure and how it progresses their corporation.Lastly, we will explain how the organizational design, such as product, matrix, customer-based, departmentalization, functional and geographic, helps to determine which structure will best suit Walmart’s needs in their different departments and with the consumer.
The accounting department handles all the finances within the corporation and ensures that the profit-loss margin is adequate.
It has allowed them to divert power among the different store managers and district managers and to build and maintain a customer-base that is devoted to them.
Providing a diversity of products, geographic locations, departments within the store, and the advancements of the “superstore” they have enabled themselves to be a power king in the retail industry.
Each district has a District Manager who over sees all the stores within that district.
They have many different stores around the world with a top manager at each store.