Fill in the Blanks international day 2Online version walmart business model study by ENOE SANCHEZ 1 incentives human market structure resources Business ability Cost opportunities labour manufacture economies stores imitate monopoly associates scale competition global value adapt minimizing 7 . Second key resources its , experienced managers and stores managers , and finally the company culture . Walmart culture is based on restless effort at constant self - improvement , discipline and loyalty ( Fishman , 2006 ) . 8 . The is cost - driven model since it is focused on costs wherever it is possible and it is characterized by of . 9 . Walmart's Model is a role model ( Baden ? Fuller and Morgan , 2010 ) a model to be copied but on the other hand , is hard to since it has constantly adjusted and improved their processes over time . 10 . Walmart eliminates local creating a effect . which implies reduction of local jobs . 11 . The only way to reduce costs is to products outside the USA , to countries with lower costs and with fewer regulations , specially labour and environmental . 12 . Walmart has to continuously modify its competitive strategy and to develop its business model to maintain its competitive advantage in the . 13 . Walmart is continuing to grow around the world through a number of from opening new , entering in new markets , making acquisitions , integrate online channels , and develop new , innovative formats to provide customers to experience the Walmart brands . 14 . All of the employees of Walmart from top manager down to the clerks are called " " , This relationship and Walmart's efficient provide a strong safeguard for achieving its strategy . 15 . The sustainability of Walmart's Business Model will depend on its to within the changing environment , continuously satisfying customers' needs and capturing the biggest .