Comparing Wal-Mart in the U.S. and Unilever Company in U.K Essay

Comparing Wal-Mart in the U.S. and Unilever Company in U.K - Essay Example The two companies have similarities in their undertaking of the day to day functions and also in their formation. First is that both have their constitution in place that governs its operation. This helps the company not to act ultra vires which are an offense and the company could be held liable. Second is that both are legal corporations that are independent of its stakeholders and liable for any illegal activity. The company in both U.S and U.K are viewed as a legal person who can contract and be liable for any breach (LEIDEN UNIVERSITY & RICKFORD, 2003). The third is that both companies are multinational companies that have gone global in their operations. This has been made successful by the availability of good management structures within the companies that are able to embrace changes in technology hence gaining competitive advantage (TYSON, 1997). Next is that their major aim to maximize their profit be reducing cost and maximizing output in all their operations. Being able to develop from tiny companies to very large multinational companies is key evidence that they have been able to maximize their shareholder's wealth. Fifth is that they both have embraced different managerial styles from different scholars. For example, both companies have embraced the division and specialization of work within their companies. This includes different departments with employees who can perform the task involved more effective and efficient ways. In both companies, the major target is the consumers.