1 / 39

Chapter 1

Chapter 1. WHO KNEW SHOPPING WAS SO IMPORTANT?. 1) What did Wall-Mart do with deodorant? Why did this help the world? (2 reasons). They got rid of the cardboard boxes, It helped save forests and saved millions of dollars.

agatha
Download Presentation

Chapter 1

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Chapter 1 WHO KNEW SHOPPING WAS SO IMPORTANT?

  2. 1) What did Wall-Mart do with deodorant? Why did this help the world? (2 reasons) • They got rid of the cardboard boxes, It helped save forests and saved millions of dollars.

  3. 2) How many supermarket chains sought bankruptcy protection when wal mart came to the grocery business? • 31

  4. 3) Who has become the most powerful, most influential company in the world? • Wal – Mart

  5. 4) What is the difference in the way ExxonMobil and Wal-Mart grow? • ExxonMobile raises prices and Wal-Mart lowers prices

  6. 5) Who is Wal-Mart’s closest direct rival? • Target

  7. 6) What happened to the price of nickel throughout the year of 2005 • It rose 25% and then dropped 30%

  8. 7) What is Wal-Mart’s core value? • Always low prices

  9. 8) What state did Wal-Mart Originate? • Arkansas

  10. 9) What is the reason for placing items more in demand in the back of the store? • The customer will see what else the store has to offer.

  11. 10) What do critics often describe Wal-Mart as? • Another big, greedy corporation

  12. Chapter 2 Sam Walton’s Ten Pound Bass

  13. 1) What age did Larry-English start working at Wal-Mart? • 14

  14. 2) What position did Larry eventually become? • He became part of the headquarters staff of Wal-Mart

  15. 3) What is the root cause of the most serious accusations and problems facing Wal-Mart? • A series of lawsuits and investigations and revelations about Wal-Mart’s labor practices

  16. By the end of 1994, what two stores was Wal-Mart bigger than? • Sears and Kmart

  17. What is Wal-Mart not afraid of doing? • Stepping into a business and taking it chainwide.

  18. 6) Why did Wal-Mart venture into auto service? • Because Sears and JC Penny did first.

  19. 7) In 2005, how many lawsuits did Wal-Mart face from employees? • 40

  20. 8) How many illegal aliens were arrested in Wal-Mart locations in 21 states during a raid by federal agents? • 245

  21. 9) Why did Wal-Mart close a location in Quebec? • They couldn’t afford the pay raises demanded by the unions

  22. 10) When Walton died in ‘92, the annual revenue of Wal-Mart was $44 Billion. Now, it is how much? • $240 Billion

  23. Chapter 3

  24. 1) How old was the girl who came up with the idea for Makin Bacon?

  25. 8 years old

  26. 2) How much of Makin Bacon’s revenue has been through Wal-Mart?

  27. 25%

  28. 3) What was Wal-Mart’s biggest breakthrough it displays/merchandising?

  29. Using the shipping palettes in aisles.

  30. 4) The girl who created Makin Bacon with her father chose what for her college major?

  31. Comparative Religion

  32. 5) What was Fleck’s big mistake that almost cost him his prospective business with Wal-Mart?

  33. The original packaging was 18 inches deep, but the end-cap shelves were only 12.

  34. 6) What is the biggest problem suppliers have with Wal-Mart?

  35. They refuse to increase prices, even if the cost of production increases due to outside factors.

  36. 7) How did Hanes handle Wal-Mart’s needs with their distribution?

  37. They started making half-sized cases.

  38. 8) What is the percent decrease in price Wal-Mart tends to request from suppliers annually?

  39. Five

More Related