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Sam Walton. There were several characteristics of Sam Walton that enabled
him to be successful in his life and business dealings. ...
Sam Walton. There were several characteristics of Sam Walton that enabled
him to be successful in his life and business dealings. ...
Sam Walton an Entrprenuer. Businessman Samuel Moore Walton ... urban areas. Sam
Walton died on April 5, 1992 at 74 years of age. He left ...
Sam Walton, Made in America, My Story. Sam Walton ... to succeed. This was evident
in his book Sam Walton, Made in America, My Story. ...
Sam Walton. ... When Sam Walton opened his first Wal-Mart Store in 1962, it marked the
beginning of an American success story that no one could have predicted. ...
Submitted by oppapers on May 20, 2001
Category: Biographies
Words: 947 | Pages: 4
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Sam Walton a small-town merchant who had operated a variety of stores in Arkansas and Missouri, Walton was convinced that consumers would flock to a discount store with a wide array of merchandise and friendly service. When Sam Walton opened his first Wal-Mart Store in 1962, it marked the beginning of an American success story that no one could have predicted. Wal-Mart is a place where prices are low and value and customer service are high every day. Because Wal-Mart carefully controls expenses to maintain its low price structure, customers do not have to wait for a sale to realize savings.
Sam Walton had no idea his business would take off like it has. Today, years after his death, the company is still growing steadily. He never thought that his little $25,000 investment in a retail store would be a huge success, but Walton had an idea that no one had ever thought of. This would be the thought that would not only change his life, but the lives of millions of customers as well. 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. Sam just took the ball and ran with it\". In the 70’s and 80’s K-mart wasn’t going into towns that had a population lower than 50,000 people, so Walton decided that he would put his stores in small towns that all the major retailers were ignoring. As Walton stated, “When people want to simplify the Wal-Mart story that’s...
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