Target Corporation Sample Essay
Target Corporation is an American retailing company. Commonly it is simply referred to as target. Over the years, the company has grown to be the second largest retailer in the United States behind Wal-Mart as of 2009. At the same time, the company has stores in all the other states apart from Vermont. The target corporation was founded in 1902 as the Daytondry foods company in Minneapolis, Minnesota. It specializes in the retail industry and as of 2009; it was ranked at number 28 on the Fortune500 list.
The company is headed by a president who at times is also the chairperson of the board. Below the president are vice presidents and other executive officers. The company mainly operates in the United States although it has a major subsidiary in Australia.
It makes most of its money through the Target stores and the Target discount stores. It also operates other services like the target financial services.
The board of directors has decided to give the company a global outreach. In doing so the board has asked for a financial analysis of the company in order to determine which the best way of investing globally is.