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Essay's paper info
| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1808 |
Essay's paper body
Early on, operations were somewhat chaotic. Walton had merchandise stacked to the ceiling with promotions always running in every aisle. Accounting was based on the ESP method: if the books did not balance, there must be an Error Some Place (Economist, par. 4). Right off the bat, Wal-Mart was a success because of Walton’s devotion to keeping prices down...
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Later this shambles grew into one of the world’s best-managed companies, with the most sophisticated distribution system in the business.
THE WAL-MART VISION
Wal-Mart began with the dream of one man, Sam Walton, to own his own store. He cherished and nurtured that dream in such a way-with a sense of sacred duty and a willingness to let the dream enable him to grow personally-that the dream itself grew into something beyond his or anyone else’s wildest imagination (Soderquist, p...
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GENERAL MERCHANDISE SEGMENT
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