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
____________________
.
