Why Add Instagrams Co-Founder to Wal-Marts Board?

The video discusses Walmart's strategic efforts to understand the Internet in China by hiring experts from Silicon Valley. It highlights the involvement of board members like Marissa Myers and Kevin Systrom, focusing on e-commerce and technology insights. The conversation also touches on Walmart's labor relations and compensation, addressing the challenges faced by employees earning low wages.

What is one of the main reasons Walmart is hiring experts from Silicon Valley?

• To reduce their carbon footprint

• To improve their physical store layouts

• To understand the Internet in China better

• To expand their grocery section

What aspect of Instagram is Walmart particularly interested in learning about?

• Its advertising strategies

• Its video and merchandising capabilities

• Its user interface design

• Its customer service model

What is a significant challenge faced by many Walmart employees?

• Limited access to health benefits

• Low wages leading to reliance on food stamps

• High transportation costs

• Lack of career advancement opportunities

What is Walmart's argument regarding their employee pay?

• They offer the best benefits in retail

• They pay competitively with the market

• They provide free housing for employees

• They pay above the industry average

Who is mentioned as having started their career at Walmart and risen to CEO?

• David Smith

• Doug McMillon

• Kevin Systrom

• Marissa Myers