Who is the CEO of Walmart?
Doug McMillon
What inventory system does Walmart use to minimize waste and improve supply chain efficiency?
Just-in-time inventory system
What program does Walmart provide for employees to anonymously report concerns via email and reports?
Walmart Ethics
Who leads Walmart’s Global Ethics and Compliance program?
The Chief Ethics and Compliance Officer (CECO)
What type of organizational structure does Walmart use, combining both hierarchies and divisional structure?
Matrix Structure
What type of organizational structure does Walmart follow to ensure clear lines of authority and control?
A hierarchical structure
What policy does Walmart have that allows associates to express their ideas and concerns to superiors without fear of repercussions?
The Open Door policy
What is the name of Walmart’s $100 million initiative to support workforce development in the retail industry?
The Retail Opportunity program
What was Sam Walton's primary purpose of opening Walmart?
To provide premium products at low costs
What is the name of Walmart’s training program that helps employees develop job-specific skills and leadership abilities?
Walmart Academy
How does Walmart’s upper management connect directly with store associates to gather feedback and improve work environments?
Through management visitations to local stores and participation in shareholder meetings.
By what year does Walmart aim to achieve 100% renewable energy usage?
2035
What core pricing principle does Walmart follow to ensure reduced costs remain permanent rather than temporary?
Everyday Low Prices (EDLP)
What Walmart program grants employees access to top-tier medical professionals and facilities as part of their healthcare benefits?
The Walmart Centers of Excellence Program.
What major event does Walmart host to analyze customer marketing strategies and gather feedback from stakeholders?
The Annual Shareholders’ Meeting
What must Walmart employees and third parties never engage in, as stated in the Code of Conduct?
Bribery, offering or accepting bribes, whether directly or indirectly.
What is a key drawback of Walmart’s hierarchical structure in its stores?
It limits organizational flexibility, making it harder for lower levels to adapt to new business practices and changing market conditions.
What system does Walmart use to integrate data across different departments and improve efficiency?
ERP (Enterprise Resource Planning) system
What initiative has Walmart proposed to make reports more accessible to employees with visual impairments?
Printing larger text on documents for easier readability
What are the four main principles outlined in Walmart’s Code of Conduct?
Respect for the individual, Service to the Customer, Strive for Excellence, and Act with Integrity.