How To Write A Book Report Walmart

From the principles and lessons in this book I have learned some things about business and the retail world. For example, you can always learn more and improve on your business and operations. One of reasons that Sam Walton became so successful was because he observed all of his competition. Sam would go inside all of his competitors stores and observe how they displayed their merchandise, how they operated, and the prices they charged. He did this to see what was working and making these companies so successful and then would try to implement these ideas into his own stores. Sam would look at stores wherever he went; in fact he even visited competitor’s stores on vacations. His wife, Helen Walton said that on vacations, “of course, we always had to stop and look at stores-any kind of stores- on the way to wherever we were headed(Walton 70). He was so determined and wanted to be the

It is a great book that contains many sound financial ideas as well as many moral and life lessons that anyone could learn from. Because Walmart is one of the biggest companies in the nation it is safe to assume that almost everyone has shopped there at some point and it is very fascinating to learn about how all of that came to be. I would recommend this book because it is an underdog story, for Walmart started out so small back in the day and had to compete with many big stores already in business. Big chain stores at the time had no idea that Walmart would eventually surpass them all. Sam Walton referred to their early journey and struggle to compete with other stores as “swimming upstream”(Walton 48). In addition Walton discusses many economic principles and reasons why he became successful, so if someone is a current business owner or someone looking to enter the business world later on this is a must-read for