Wal-Mart Stores Essay Example for Free

Wal-Mart Stores Essay Optimistic and energetic, Sam Walton, the founder of Wal-Mart Stores Incorporated was a great businessman. He was born in Kingfish, Oklahoma on March 29, 1918. He was raised in Missouri where he worked in his fathers store while attending school. Sam was a multimillionaire, but by working hard he achieved his dreams. He opened the first Wal-Mart store in 1962 in Arkansas. Managing business during that time was hard, but he was fortunate, his Wal-Mart store was successful and the Wal-Mart chain started to grow. It was the beginning of an American success story that no one could have predicted. Walton was a great entrepreneur and he knew consumers would flock to a discount store with a wide array of merchandise and friendly service. His vision was to become the low price leader in small, rural towns. His experience as a Ben Franklin store manager in rural a community led him to realize that in 1960 small towns isolated themselves from national market. Sam acknowledged that all he had to do was beat the prices of the local retailers to be successful. During the time period of 1960 through 1970 the education was very limited. There was little or no technology and different ways of teaching. For instance, during this time all of the children were being taught in one room, with one teacher, teaching everyone the same thing at one time. Everyone did not have an opportunity to go school. Some children had to stay at home and help their parents raise the younger children, so that there parents would be able to work and provide for the family. Some children were not allowed to go to school because their parents did not want to. In those days children did not know anything about computers, because they were not introduced in the classroom because there was no room or very little room. School was a safe haven for children during this time. They could walk to school safely without having to worry about being abducted by a strange man or woman. Children could play at recess time without worrying about anything, because children were not shooting other children. They were well mannered and behaved because, if they did not behave they could be spanked with the paddle by the principal. In this time period, children were not packing guns to school, beating up on each other, fighting each other and there were no gangs in the schools. They were worried about learning and getting an education, not about beating up on someone. Hotels in the early 1960s were limited all across the nation because technology and money was limited. The hotels that were mostly available in big cities and the hotel rooms were not cheap. If you were traveling you had usually (stay in hotel) pulled in to a motel. People that had a good amount of money would get the big rooms and the smaller ones usually were rented to the middle class people. The big hotel rooms usually contained a bar, television, bed, bathroom and sometimes a balcony. Two of the top hotels were located in Las Vegas and California because they had a lot of tourist attractions. Motels were found more often than hotels because they were cheaper and not as fancy. The motel rooms were usually run down and dirty. The motel rooms usually contained a bed, a television and bathroom. Most of the lower class people stayed it the motels because they couldnt afford the hotel rooms. By the late 1960s technology was slowly becoming easier to understand for the younger generation. In the 1970s people discovered there was more efficient technology, therefore the government could produce more money. Most of the hotels and motels were bigger and better then they were in the early 1960s because the technology was better and there was more money. The hotels and motels got more business because it was easier to advertise to the public and people made more money then before. Hotels and motels were easier to come by because the business expanded across the nation. People made more money so they spent more traveling across the nation. Hotel rooms were a lot nicer since technology was upgraded. Most of the TVs were bigger then in the 1960s and had a lot more channels plus they were colored. The motels were bigger and much nicer then in the 1960s. Most of the business nations wide were more efficient during and after the 1970s. In the 1960s technology was still developing and medicine was nothing compared to what it is today. An increasingly mobile population in the United Sates during this time began to demand and improved quality of care in hospital facilities that consisted of an emergency room. Since most of the hospital admissions were elective, these poorly designed emergency rooms were not well equipped and barely had any staff. Despite these impediments patients were increasingly motivated to look for unscheduled care. Emergency room visits quadrupled from1955 to 1970. As the pressure to provide care to more and more patients grew, hospital began to change their bylaws. Many facilities were short in staff and they had to place doctors in the emergency room regardless of special training or specialty. For several years there were no educational or academic training programs in emergency medicine. Because of these emergency physicians held a meeting in Arlington, Virginia in 1968. Thirty-two physicians from eighteen stated attended this meeting. Thanks to this meeting, they incorporated a national association of emergency physicians called American College of Emergency Physicians (ACEP). Throughout the years more associations and programs began to develop. After all Sam Walton lived during trying times. He cared about his community thus providing them with opportunities. He once said we are all working together; that is the secret, and we will lower the cost of living for everyone, not just in America, but we will give the world an opportunity to see what it is like to save and have a better lifestyle. We are proud of what we have accomplished and we have just begun. I can say Sam Walton deserves all due respect for his great accomplishments. It can definitely be declared that Walton was a great entrepreneur in business. He was not only able to use his talent to search out and take advantage of new business opportunities, but was also able to develop innovative ways of doing many things in a way that had never been used before. By using his imagination, aggressiveness, and hard work, Walton gave birth to a great industry and all the benefits that would follow, not only financially, but also emotionally.