Journey of Walmart

What was Sam Walton's first job in the retail industry?

• Manager at Walmart

• Sales trainee at JCPenney

• Milk delivery boy

• Owner of a Ben Franklin store

How did Sam Walton's first job influence his career in retail?

• He decided to leave retail

• He became a manager immediately

• He discovered his talent for salesmanship

• He learned the importance of paperwork

How did Sam Walton make his first store successful?

• By selling only milk

• By offering high prices

• By working alone

• By breaking typical retail rules

What did Sam Walton focus on to ensure Walmart's success?

• Store design

• Exclusive deals

• Customer satisfaction

• Online marketing

What was unique about Sam Walton's approach to retail?

• Selling only in big cities

• Discounting everything in the store

• High prices for exclusive goods

• Online sales only

What strategy did Sam Walton adopt for his Walmart stores?

• Membership-only access

• Online shopping

• Discounting all items

• Only selling luxury goods

What year did Sam Walton open his first Walmart store?

• 1945

• 1970

• 1962

• 1950

What did Sam Walton use to expand his business?

• Only his savings

• Lottery winnings

• Profits and borrowed money

• Government grants

What was a key factor in Walmart's rapid expansion?

• Selling products at high margins

• Opening stores in large cities only

• Offering a wide range of products at discounted prices

• Keeping stores open for shorter hours

What was a criticism faced by Walmart under Sam Walton?

• Only selling food

• Not enough parking

• Competing with small retailers

• Too few stores