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Facebook n walmart

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EXPLORING MANAGEMENT STYLES
CONTEMPORARY ISSUES IN BUSINESS AND MANAGEMENT
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INTRODUCTION
Today's world is far more connected and intertwined than the term 'globalization' could
actually define. Thanks to the efforts of the innovation tech-experts, socializing across the globe
has become a part of daily lives. Not to forget that with the elimination of geographical
boundaries and the ease in information exchange, the consumers and corporations have merged
together. While, on one hand, Facebook has outperformed all the other tech companies around
the globe; the American retail giant, Wal-Mart has been successfully expanding globally catering
to a larger global population. Despite the fact that both companies have global presence and are
successfully dealing with the international competitive forces for the survival, the management
approach used by both seems to be highly different. Managing a business is more than merely
telling the people what to do; rather, it involves choosing the most suitable managerial approach
that fits with the given situation. The most commonly used managerial approaches within the
business environment include: democratic, bureaucratic, autocratic and laissez-faire style of
management. The report sheds light on the management approaches used by Facebook and Wal-
Mart in their relevant industries; a critical analysis of the approaches and their comparison to
each other is followed by the reasons why the applied approach seems to be appropriate for the
company.
FACEBOOK INC.
Among the technology companies, there is no other company with so much success in
areas like public relations, product development and even business management like Facebook.
The site has its users addicted as each generally spends a minimum of 46 minutes daily using the
site. To attract more customers aboard, the CEO has focused on creating cool technologies; but

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EXPLORING MANAGEMENT STYLES CONTEMPORARY ISSUES IN BUSINESS AND MANAGEMENT NAME DATE INTRODUCTION Today's world is far more connected and intertwined than the term 'globalization' could actually define. Thanks to the efforts of the innovation tech-experts, socializing across the globe has become a part of daily lives. Not to forget that with the elimination of geographical boundaries and the ease in information exchange, the consumers and corporations have merged together. While, on one hand, Facebook has outperformed all the other tech companies around the globe; the American retail giant, Wal-Mart has been successfully expanding globally catering to a larger global population. Despite the fact that both companies have global presence and are successfully dealing with the international competitive forces for the survival, the management approach used by both seems to be highly different. Managing a business is more than merely telling the people what to do; rather, it involves choosing the most suitable managerial approach that fits with the given situation. The most commonly used managerial approaches within the business environment include: democratic, bureaucratic, autocratic and laissez-faire style of management. The report sheds light on the management approaches used by Facebook and WalMart in their relevant industries; a critical analysis of the approaches and their comparison to each other is followed by the reasons why the applied approach seems to be appropriate ...
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