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Fortune Global 500 listed the company as the world's largest in terms of revenue. Besides, Wal-Mart is the leading private employer with more than 2.2 million employees as at 2015. Wal-Mart has been able to maintain the leading position in the United States retail industry. Besides it is the largest retailer in the world. They had a right to be listened to and the idea to be taken seriously if it was something worthwhile. Open door policy is a kind of participative leadership, and it is one of the management styles that is still evident in Wal-Mart. The company has had an environment whereby the leaders lead from the front and from behind. The organizational structure is made up of a hierarchy of managers and leaders whereby everyone in the company has an opportunity to prove their skills as far as management is concerned leading to a maximum leadership and minimum management. In other words, Wal-Mart management style focuses more on freedom and less on management. In 1988, Wal-Mar...

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Wal-Mart Management style

LitTeacher1
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