Question

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Sprint LTE с @ 1 52%. D. 2:08 PM November 8 5:12 PM Edit Operations Management Term Project elect a Fortune 500 firm and assess/report on the following: Company history, founders, products or services sold, domestic or global operations Revenue and profit trends for past 5-10 years. Key drivers of trend

Answer 1

Walmart is a company that tops the list of Fortune Global 500 companies for the year 2017. I will be sharing the data for Walmart.

Complete Name: Walmart Inc.

Former Name: Wal-Mart Stores, Inc.

Industry: Retail

Founder: Sam Walton

Head Quarter: Bentonville, Arkansas, US

Operations: Global Company

Products sold:

• Electronics
• Movies and music
• Home and furniture
• Home improvement
• Clothing
• Footwear
• Jewelry
• Toys
• Health and beauty
• Pet supplies
• Sporting goods and fitness
• Auto
• Photo finishing
• Craft supplies
• Party supplies
• Grocery

Walmart is an American multinational retail corporation that tends to operate a large chain of retail outlets throughout the globe including discount departmental stores and grocery stores. The company has been founded in the year 1962 and incorporated in the year 1969 by its founder, Sam Walton. The company also owns and operate Sam 's CLub retail warehouses.

Below is the the revenues trend of Walmart from 2006 to 2018

Below is the Profit margin trend for Walmart from 204 to 2018

One of the most important factor that has set apart Walmart from the entire industry players is its vast supply chain network spread around the globe. This has helped Walmart deliver to the customer as fast as possible and has increased the reach even to the farthest of the customers.

Another big reason that has set the growth apart from other players is its superior bargaining power in comparison to it suppliers. Because of its sheer size, Walmart is able to achieve economies of volume at the procurement stage. Also their everyday low pricing strategy, popularly known as EDLP, has contributed widely to their success all over the globe.