Sam Walton and Wal-Mart
Sam Walton was born on March 29, 1918 to Thomas Gibson and Nancy Lee Walton near Kingfisher, Oklahoma. In Oklahoma, they owned and lived on a farm until 1923. The Walton's then decided that the farm was not profitable enough to raise a family on. So, Sam and Jame's (Sam's younger brother born in 1921) dad decided he would go back to being a Farm Loan Appraiser. Once this job started the Walton family moved out of Oklahoma and moved from town to town in Missouri. This would traumatize most children but for the Walton boys though it was no big deal. This could be seen when Sam was in 8th grade at Shelbina he became the youngest boy in the state's history to become an Eagle Scout and this was only a start of his many of accomplishments.
As Sam Walton grew up he was always an ambitious boy. He attended Hickman High School in Columbia there he played basketball and football, in which he was the starting quarterback for the football team and lead them to the state title in 1935. He wasn't the most smartest person at school but he was determined to do good so with hard work and lots of studying he became an honors student. Besides being athletic and smart he was also a political figure at school, too. He severed as Vice- President of his Junior Class and President of the Student Body his senior year. Don't think this is all Sam did though, he also had to help support his family, along with his father and brother because money was lacking due to the depression. Sam's job was to milk the family cow, bottle the milk, and then deliver the surplus of to customers and then went off to deliver newspapers afterwards. When he graduated from high school he was voted the "Most Versatile Boy" in his class. During this time it would have been easy for Sam to just give up on school and go to work full time. Seeing though how his family was struggling to make ends meet, he decided he was going to stay in school and attend the University of Missouri.
At the University of Missouri Sam majored in Economics. He could not really afford to attend school so he worked extra hard to get the money. Sam waited tables in exchange for meals, lifeguarded at the school pool, and also delivered newspapers. While he was not doing that he was either at his fraternity in which he was an officer, or at a student government meeting since he was a member of the stud...
... middle of paper ...
...et. More than 600,000 Americans work at Wal-Mart. The reason for its popular success it still follows Sam Walton's values: by hometown identity, each person is welcomed personally by People Greeters, each store honors a graduating high school senior with a college scholarship, bake sales to benefit a local charity, associates determine where charitable funds are donated, and the prices are low and customers do not have to wait for a sale to see savings. This is only to name a few of the things that Wal-Mart does for the community. Wal-Mart goes according to what Sam Walton believed, "Each Wal-Mart store should reflect the values of its customers and support the vision they hold for their community" ( The Wal-Mart Story). With this saying always in mind the Wal-Mart community outreach programs are steered by local associates who grew up in the area and understand its needs.
Sam Walton always made quite an impression on everyone. Sam Walton has done so much for the retail world. He has gone beyond what any other owner or manager has ever done or will ever do and was honored for all his hard work in March of 1992 when he received the Medal of Freedom from President George Bush.
Samuel "Sam" Taliaferro Rayburn was born in Tennessee in 1882. He was the eighth of 11 children. When Sam was 5 he moved west with his family to a 40-acre cotton farm just outside the small community of Flag Springs, Texas. At the age of 18, Sam left the family farm and went to East Texas Normal College in Commerce. His father sent him off with $25 and he added to that by sweeping school rooms, ringing the class bell and building fires in school stoves. After a year of college, he paid debts and earned more money teaching in Greenwood, Texas. He then returned to Commerce and finished his three-year degree in two years.
Wal-Mart has been a staple of America since July 2, 1962, when Sam Walton opened the first Wal-Mart Discount City store. Within a few years, Wal-Mart Discount City stores began to spread across the country. In 1968, it opened its first stores outside Arkansas, in Sikeston, Missouri and Claremore, Oklahoma. Sam Walton found success in offering consumers options and variety. Since that first store opened, Wal-Mart has now entered the grocery business and now the company controls about 20% of the retail grocery and consumables business. This says a lot about a man who began his retail career after working just 18 months at J.C Penny. Sam Walton found success early on with offering variety, and options when no one else was.
C. Sam Walton, founder of Walmart, received a $25,000 loan from his father-in-law in 1945 after returning as an Army officer in WW2. He then used that loan to open up his first discount store in Newport, Arkansas and later opened his first Walmart in 1962. Over the next 2 decades Walton managed to turn that one store into a franchise worth $45 Billion. Now that’s what I call the “American Dream”. Walmart is criticized for actions that aren’t true and can be backed up by facts if necessary. People make assumptions about it without knowing the truth behind what they are saying. These assumptions should be changed because Walmart is indeed a very successful cooperation and benefits the economy and communities around it.
his young upbringing in the Ku Klux Klan. Sam's background as a Klansman is told
Julie A. Cassiday, Emily D. Johnson, “Putin, Putiniana and the Question of a Post-Soviet Cult of Personality,” The Slavonic and Eastern European Review 88 (2010): 680-707.
Throughout the history of America, there have been many businesses that come and go. Success is not guaranteed to everyone. But in the case of Sam Walton, it was different. Sam Walton was the founder the most controversial supermarket chain in existence: Wal-Mart. From the buyer's perspective, Wal-Mart is just a generous business chain which has extremely low prices. But upon closer inspection, the wickedness of Wal-Mart and the company practices become apparent. I think Wal-Mart has a negative impact on society. Wal-Mart mistreats employees, follows unfair business practices, and hurts small businesses.
This is a good question. Walmart started as a small five and dime in the city of Bentonville, Arkansas by a man named Sam Walton. After a great success Sam and his wife Helen moved to Rogers, Arkansas where he opened his very first Walmart. He had some retailing experience after his time in the war and he chose Bentonville for the hunting season and because his wife wanted to live in a small town. His ideas of not pocketing extra cash from manufacturers, but rather giving deals to customers and trying to make profit off of how much he sold, changed the way retailers make money in America. Sam had a cheap mindset, not only for his customers, but for himself. Even when he became the richest man in America he continued to get his hair done for
With humble beginnings, as Vladimir himself put it in his autobiography, Vladimir Vladimirovich Putin was born October 7th, 1952, within St. Petersburg, Russia. Raised by his mother Maria, who was a factory worker, and his father Vladimir, who was a conscript. Putin was dead set on joining the KGB, the Committee for State Security. In his autobiography he says he was “a pure and utterly successful product of Soviet patriotic education.” But he also says that most of this “notion of the KGB came from romantic spy stories” In short, he never knew what he was getting into. To follow...
Joseph Stalin, whose real name is Iosif Vissarionovich Dzhugashvili, was born on December 21, 1879 in the small town of Gori, Georgia. His family was poor and he was the only child of four to survive. His father was a shoemaker. He was a heavy drinker and died from wounds in a brawl when Stalin was 11 years old. His mother was a pious and hardworking woman. She wanted her son to have a good life so she entered him into priesthood. He attended elementary school run by the Orthodox Church and went on to the Orthodox theological seminary in Tiflis. There he joined a secret study group that opposed the Russian tsarist government. They discussed the radical ideas of Karl Marx and Stalin became a devout Marxist. Eventually, Stalin was expelled from the seminary. Then for the next 18 years he was a revolutionary. He wrote articles for Marxist newspapers, worked as a propagandist among workers, and organized strikes. This is what led to him becoming a politician.
Born Vladimir Ulyanov on April 22, 1870, Lenin grew up a rather lavish lifestyle in the city of Simbirsk (Present day Ulyanovsk) on the Volga River (“Vladimir Lenin Biography”). His parents had six children including him (“Lenin: A Biography). In 1887, his elder brother Alexander was hung for plotting to kill the Tsar (“Vladimir Lenin Biography”). Lenin was only 17. This event greatly affected his youth and it helped bring out the inner rebel within Lenin. Lenin at the time of his brother’s death was studying law at Kazan University (“Vladimir Lenin Biography”). Kazan is city North of Simbirsk and it also lies on the Volga. The same year as his brother death, Lenin was expelled from the University for taking part in a student protest. (“Vladimir Lenin Biograph...
Mikhail excelled greatly in his academics during his school years. It started as a young child when he developed a deep desire for knowledge. In school his hobby was drama, which went on a show tour to the villages within the region. This ambitious group of young performers earned money from tickets to their performances and with the money they bought 35 ...
Wal-Mart as we know it today evolved from Sam Walton’s goals for great value and great customer service. Mr. Walton’s competitors thought his idea that a successful business could be built around offering lower prices and great service would never work. Mr. Walton also credited the rapid growth of Wal-Mart not just to the low costs that attracted his customers, but also to his associates. He relied on them to give customers the great shopping experience that would keep them coming back. Sam shared his vision for the company with associates in a way that was nearly unheard of in the industry. He made them partners in the success of the company, and firmly believed that this partnership was what made Walmart great.
Walmart was started by Sam Walton in 1962, after experiencing franchising in Newport. He realized that he could pass to his consumers the discounts that he earned by purchasing in wholesale and subsequently managing to acquire profits through the sale by volume. Sam Walton was obsessed with cost cutting and he managed to foster this culture in the business that he started (Frank, n. d). He managed to keep the overheads of the company by controlling his payroll. He did this by framing his frugal nature as a crusade for the low consumers as well as a quest for a favorable lifestyle for Americans. The practices that are found in many Walmart are attributed to Sam Walton who infused them in his employees through charisma and charm.
Wal-mart has a reputation for caring for its customers, of course their employees, and for the prospective public. So Wal-Mart can be an industrial leader for the world of shoppers with an eye for lower affordable prices, company decision makers would continue it's systematic strategies that it's founder and president established years ago. Sam Walton believed in three guiding principles in his strategy planning they were to provide the customer with good value and service, to have a good relationship with its associates, and to be involved with the community.