Walmart's Smartness Analysis

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Introduction
Being smart is something that is not linked with IQ as it is linked with problem solving, creative thinking, street smarts and emotional intelligence. Despite of this, behind having the right and correct mental tools, something else is also important and that is to avoid the thought baggage and move forward. Any person can have the brainpower in order to be successful and this is possible if he starts thinking out of the box. Sam Walton is the smartest person in the world as he always thinks out of the box and was willing to see where the world is heading. Being book worm is easy rather than focusing on the creative side of the world. This is something which is truly present in this man and so far the reason behind his success …show more content…

His aim was confined in cutting costs, improving the levels of productivity and using the right information technology which has never been used earlier. His greatest achievement thus includes the selling method in mass quantity which was allowed to his Wal-Mart stores to sell for less so that best results can be gained. His smartness was the main reason behind this action and this is why Wal-Mart is a huge success. His smartness proved the improved purchasing power of many people, especially the middle class and poor. He stands as many other individuals for the sake of intelligence, vision, genius progress as well as continuous …show more content…

These were the major areas where this man was focused and thus gain name, fame and recognition too. He was smart and his smartness was hidden behind these areas. One of the main ingredients behind the success of the Wal-Mart was the adoption of latest technology and from the beginning this man highlighted the key element that was to keep the cost down and profits up. This was the best possible method according to him in order to tighten up the inventory so that it can be used at right time. He further added that too much inventory lead towards undue expenses and it will result in loss of sales. This is the reason how the Wal-Mart’s computer database is the second only to the pentagon in terms of

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