Accounting
Introduction Wal-Mart has been in the retail business since 1962 and after more than half a century, the store that Sam Walton started in Rogers, Arkansas is today’s leader in the retail industry. The success of the company in becoming a multi-billion dollar business was owed from its efficient and effective strategies aided with the most sophisticated and highly advanced systems in the world. The discussion will highlight the important strategies that enabled Wal-Mart to achieve its current success. In addition, the company’s competitive advantage will be examined to determine the key role of various control systems ...
