An annual report is also often referred to as a company's annual financial report. An annual report consists of four major parts, each of which can be broken down into specific areas pertaining to the business in question. These four sections reveal the business's financial status in terms of earnings, spending, debt and long-term assets.
The first main section of Walmart’s annual report is assets. The company's assets are often presented in a category near the beginning of the annual report. The assets show how much the company owns both in terms of short-term and long-term assets. Long term assets can include property or investments, so the value may change over time for both the better and the worse. The assets should be broken down in terms of monthly value, so readers can easily identify where the numbers come from and identify when and where an asset may increase or decrease in value. The second main section on an annual report is liabilities.
The company's liabilities are often presented directly after the assets. The liabilities should be presented in the same format as the assets, as the two are often similar. Liabilities can also be both short-term and long-term and can include banking loans and overall debt of the company. Again, this information should be presented in terms of graphs on a monthly basis so the reader can identify if specific liabilities grow and decrease over the annual period being discussed. Monthly expenses are the third main section of the annual report.
A large section of the annual report is the section that discusses the company's expenses each month over an annual period. While some of the expenses are set each month and do not change, such as rent fees and set service utilities, others can vary drastically. For example, the cost of business dinners or office supplies can change each month, so make sure to note each expense to get an accurate sum of monthly expenses. These expenses should be shown each month in terms of a graph, so readers and executives can easily determine what months have more expenses and which expenses can be cut in order to save money.
Lastly, monthly earnings are the fourth main section of the annual report. The monthly earnings are often calculated by using sales statistics and income statements. This is essentially an examination of how much the company earns through the sales of products or services. This information should be broken down in the same manner as the expenses, so there should be one graph per month. Each graph should illustrate how much the company sold as a sum, but also in terms of individual products. For example, if the company has ten distinct products, each product should have a place on each individual graph so the reader can determine the best-selling product.
The key factors that influence Wal-Mart Company’s performance are the ability of management (all levels) to cope with change and the nature and effectiveness of the processes used to arrive at major decisions to bring about change. Other key factors include the efficiency of the mechanisms utilized to implement management decisions, the internal methods employed to determine and track valid objectives, the effectiveness of the way information is communicated within the company. Another key factor is the quality of the personnel and attention to recruiting and selecting the proper quality and adding to their abilities with further training. The primary assets of Wal-Mart Stores, Inc. are as follows: 1. United States
* Wal-Mart Stores Division * Wal-Mart Discount Stores * Wal-Mart Supercenters * Wal-Mart Neighborhood Markets * Sam's Club Division * Walmart.com * Logistics (Includes Wal-Mart Transportation) * Wal-Mart Realty * Wal-Mart Vacations * McLane Company (acquired in 1990, sold to Berkshire Hathaway in 2003) 2 International * Argentina * Wal-Mart Argentina * Brazil * Wal-Mart Supercenter * SAM'S CLUB * Todo Dias * Bompreco * Canada * Wal-Mart Stores
* Sam's Club * China * Wal-Mart Supercenter * Sam's Club * Wal-Mart Neighborhood Market * Germany * Wal-Mart Supercenter * Japan * Seiyu Group (37.8% stake) * Korea * Wal-Mart Supercenter * Mexico * Walmex (joint venture with CIFRA , Wal-Mart Stores, Inc. owns a majority share) * Sam's Club * Wal-Mart Supercenter * Bodega Aurrera * Superama * Suburbia * Vips * Puerto Rico (Even though PR is a territory of the United States, Wal-Mart's PR operations are organized under the International division) * Wal-Mart Stores * Wal-Mart Supercenters * Sam's Club * Supermercados Amigo 3. Acquisitions PACE Club Warehouses (merged into SAM'S CLUB) Woolco Canada (converted to Wal-Mart Discount Stores) 4. Former Operations Hypermart*USA (joint venture, precursor to Supercenters) Bud's Discount City dot Discount Drugs Helen's Arts and Crafts 5. External Links * Walmart.com (online shopping site) * Walmartstores.com (corporate information) * Wal-Mart International Operations * Samsclub.com * McLane Company
An organization's internal environment is composed of the elements within the organization, including current employees, management, and especially corporate culture, which defines employee behavior. Although some elements affect the organization as a whole, others affect only the manager. A manager's philosophical or leadership style directly impacts employees.
Traditional managers give explicit instructions to employees, while progressive managers empower employees to make many of their own decisions. Changes in philosophy and/or leadership style are under the control of the manager. The following sections describe some of the elements that make up the internal environment.