No matter who you are, Wal-Mart has probably worked itself into your daily life. Most people shop there for various reasons, but mainly for the low prices and customer hospitality. These characteristics have made Wal Mart evolve into the number one retailer, which definitely impacts our economy. By being number one, Wal-Mart sets the standards for the economy with their low prices, and may eventually revolutionize the economy that we know today. What if Wal-Mart stays number one, and buys out all the competing companies? Everyone would be forced to shop there whether they liked it or not. Obviously, Wal-Mart not only impacts our economy, but our everyday lives in many ways.
Wal-Mart is a company that started out as a small town store, which eventually grew into the most successful business in the United States. Before you learn about the company and what it does, it's important to know exactly where it came from. It all began with an average man; Sam Walton. . .
"Outstanding leaders go out of the way to boost the self-esteem of their personnel. If people believe in themselves, it's amazing what they can accomplish. There is only one boss. The customer. And he can fire everybody in the company from the chairman on down, simply by spending his money somewhere else" -Sam Walton