从企业财务目标角度分析沃尔玛的成功之道（Analysis of WAL-MARTs success from the perspective of enterprise financial objectives）.docVIP

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从企业财务目标角度分析沃尔玛的成功之道（Analysis of WAL-MARTs success from the perspective of enterprise financial objectives）.doc

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从企业财务目标角度分析沃尔玛的成功之道（Analysis of WAL-MARTs success from the perspective of enterprise financial objectives）

从企业财务目标角度分析沃尔玛的成功之道（Analysis of WAL-MARTs success from the perspective of enterprise financial objectives） Wal-Mart, the worlds biggest retailer, earned $219.8 billion in revenues in 2002, the top of the worlds top 500. Today, Wal-Mart has 4,791 stores in 10 countries and employs more than 1.3 million people. Over the past 20 years, Wal-Mart has expanded at a rate of 20% a year, expanding rapidly. This paper attempts to analyze the success of Wal-Mart from the perspective of corporate financial objectives. I. The financial goals of Wal-Mart (a) Starting from the enterprise goal Modern enterprise is the sum of the relationship of the multilateral contract, and it is a connection point of the market contract. Therefore, business objectives should take fully into account the interests of all parties to the contract and should be the result of the common role and compromise of all participating groups, and not be simply equated with the individual objectives of any one participant. Interest groups as the main interests of the enterprise have the right to claim, they all directly or indirectly affect the economic activities of enterprises, become the participants of enterprises, the goal of the enterprise is the integration of individual objectives of various participants, can also be said: The goal of the enterprise is a variety of participants individual goal interaction (game) under the balance. Only in this way, the interests of enterprises can be balanced, enterprises can maintain, and ensure the sustainable development of enterprises. (b) Wal-Marts financial objectives The enterprise financial goal is decided by the enterprise goal, therefore the enterprises financial goal also should be the comprehensive consideration each stakeholder goal result. What are the stakeholders of the enterprise? The prevailing view is that people or groups that are in the middle of a business betting (asset specificity) are stakeholders. They have invested in real capital, human capit