Wal-Mart's History and Impact
Sam Walton, in founding the Wal-Mart Corporation, not only changed the face of business in Arkansas but retailing and business as a whole on the planet. The Wal-Mart epic has been nothing short of a unique business phenomenon. Sam Walton single handedly turned a dying Ben Franklin Five and Dime store into a multi-billion dollar corporation without compromising his own ethics and morals, and became one of the world’s largest and most generous philanthropists and, for a time, the richest man in the United States of America. Wal-Mart has also been criticized for its effects on small town so called “mom and pop” businesses and several studies have been performed analyzing said effects. These small town effects can be expected when more than 93 million people a week (Slam-Dunking) flock to Wal-Marts around the country to shop their unmatchable prices. Of course, one of Wal-Mart’s keys to success has been their lack of competition. Wal-Mart did what their competitors would have never thought to do- build in rural areas where people are being forced to drive 20 to 30 miles to shop for groceries. Building in rural communities created an economic and social center for the community without the element of compet
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Some common words found in the essay are:
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Approximate Word count = 1862
Approximate Pages = 7 (250 words per page double spaced)
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