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The creator of K-mart Said he fabricated up the idea that if he offered well-know brands and sold them around 15% cheaper than other retailers, then this would make them a powerful source in the retail business, and little did the creator of K-mart knew Walton was right. Regarded by many as the entrepreneur of the century, Walton had a reputation for caring about his customers, his employees and the community.
Walton proved to be a visionary leader and was known for his ability to quickly learn from his competitors' successes and failures. In fact, the creator of Kmart once claimed that Walton "not only copied our concepts, he strengthened them...
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- A company has announced that it wishes to build a large factory near your community. Discuss the advantages and disadvantages of this new influence on your community. Do you support or oppose the factory? Explain your position.
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