Wal-mart Economics

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Title: Wal-mart Economics

Essay Details:

Subject: Business

Author:

Date: July 6, 2016

Level: University

Grade: A

Length: 11 / 3227

Essay text:

Sam Walton's talent for discounts retailing not only made Wal-Mart the world's largest retailer, but also the world's number one retailer in sales. Indeed, Wal-Mart was named "Retailer of the Decade" by Discount Store News in 1989, and on several occasions has been included in Fortune's list of the "10 most admired corporations." Even with Walton's death (after a two-year battle with bone cancer) in 1992, Wal-Mart's sales continue to grow significannot ly. Wal-Mart is successful not only because it makes sound strategic management decisions, but also for its innovative implementation of those strategic decisions...

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