I have tasked to write about worst companies to work for. I selected Foot Locker. These are the instructions; Identify the company, the industry it operates in, and its Domestic Environment (home...

Running Head: WORST COMPANIES TO WORK FOR                    1
WORST COMPANIES TO WORK FOR        6
ACCOUNTING
Table of Contents
Company and the industry it operates    3
Company’s industry and attribute they are the least admired for    3
A business theorist and their theory    3
Government regulations associated with the industry and its effect on the selected company    4
Suggestions to overcome these regulations    4
References    6
Company and the industry it operates
Foot Locker is an American based sportswear as well as footwear retailer that was initially established in 1974 but it established itself as a separate company in 1988 from F.W. Woolworth Company. It has its headquarters situated in Manhattan, New York while it operates 27 countries worldwide including countries such as Australia, New Zealand, Saudi Arabia, United Kingdom and much more. Foot Locker deals with the athletic footwear retails through these 28 countries with variable number of outlets in each country. Within United States it has about 871 stores as mentioned in the data presented by the company.
Company’s industry and attribute they are the least admired for
As evident from the name, Foot Locker is a large chain of retail stores that deals with athletic and sports wear shoes. Foot wear industry as suggested by Grand View Research, (2018) is supposed to be growing and the statistic states that the industry was valued at $64.30 billion in 2017. Moreover, analyst have also stated that the industry is further supposed to expand with over 5.0% between 2018 and 2025 due to growing enthusiasm regarding sports, health and fitness. Foot Locker has been in the industry as a separate entity since 1988 and in 2018, it has achieved 363 rank from 446 in 2011 in the Fortune 500 rank. Foot...