Business Problem Proposal Mba 510 - 4334 Words

Running head: BUSINESS PROBLEM PROPOSAL Business Problem Proposal University of Phoenix Business Problem Proposal Wal-Mart is a worldwide retail company. In 2008, Wal-Mart operated 971 discount stores, 2,447 super centers, 132 neighborhood markets, and 591 Sam’s Clubs in the United States (MarketLine, 2008). The company is headquartered in Bentonville, Arkansas and employs about 2.1 million people worldwide. The business problem to be illustrated is the high employee turnover that Wal-Mart experiences. A look into why employee retention is so high and the associated costs of this high turnover will be explored. Illustrations will show Wal-Mart’s problem of high turnover in statistical terms and list a set of recommendations to reduce†¦show more content†¦Coefficient of correlation measures the strength of linear relationships between two variables. The two variables must have an interval scale of measurement. Relationships of -1.00 and +1.00 have strong re spective positive or negative correlations. A relationship of zero identifies a weak relationship between the two variables being analyzed. Primary and Secondary Data Sources The retention of Wal-Mart employees has been a problem. A quantitative correlational study to access job pay satisfaction, turnover intentions, and leadership styles will be discussed. The primary data consisted of questionnaire surveys. If required, informal interviews can be included. The primary data research was to determine whether satisfaction with supervisor or overall job pay satisfaction is more significantly related to turnover intentions. The primary data was coded for a quick analysis and was verifiable by re-questioning. Secondary data was extracted from published statistics such as census, housing and social security data. Other secondary data was retrieved from similar industry models, internal databases, and library databases. The secondary data research was to recommend leadership styles ass ociated with job satisfaction as a means to increase retention. Data was collected from a sample of employees using on-line and paper-and-pencil questionnaires. The survey incorporated demographic items and instruments that measured perceived transformational, transactional,Show MoreRelatedEssay about Lisa Benton: Case Study Review3013 Words   |  13 PagesInstitute JWI 510 Leadership in the 21st Century March 10, 2013 Executive Summary This paper will discuss and analyze Lisa Benton, a recent Harvard Business School graduate. She is now an assistant product manager at a company called Houseworld. Lisa has a poor relationship with her new boss and coworker and she recently received a poor performance review. She is worried about her future with the company, and if she chose the right company to begin her career after receiving her MBA. 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