1
.
Walmart
is
said
to
be
World
largest
____________________
in
the
world
and
the
largest
employer
in
the
US
(
Basker
,
2007
)
.
2
million
associates
in
more
than
8
,
400
____________________
around
the
world
Walmart's
serve
more
than
200
million
____________________
and
members
each
week
.
2
.
Walmart
is
an
American
public
corporation
that
runs
a
____________________
of
large
discount
____________________
stores
and
____________________
stores
that
operates
in
various
formats
around
the
word
.
3
.
The
strategy
of
the
company
was
locating
____________________
in
small
towns
where
residents
had
few
options
for
retail
shopping
4
.
Walmart
is
the
world's
largest
corporation
,
according
to
2005
Fortune
500
list
.
It
operates
over
5
,
000
stores
____________________
and
employs
over
1
.
6
million
people
?
(
Frank
,
2006
)
5
.
?
A
business
model
describes
the
rationale
of
how
an
organization
____________________
,
captures
and
creates
value
(
Osterwalder
&
Pigneur
,
2010
:
3
)
.
6
.
Walmart's
value
proposition
is
based
on
offering
Everyday
____________________
____________________
(
EDLP
)
.
This
proposition
implies
that
the
customers
do
not
need
to
wait
for
____________________
to
have
the
best
____________________
possible
.
7
.
To
deliver
its
value
proposition
Walmart
communicates
with
and
reaches
its
customer
____________________
with
its
____________________
____________________
which
are
owned
and
direct
,
and
brings
higher
margin
.
8
.
Walmart
tends
to
reach
to
the
____________________
____________________
toward
mass
customisation
.
Walmart's
customers
can
be
divided
into
three
groups
:
?
brand
aspirations
?
"
price
-
sensitive
effluents
?
?
value
-
price
shoppers
?
.
9
.
The
ability
to
move
products
____________________
to
place
quickly
and
efficiently
keeps
the
costs
down
as
well
as
the
time
system
in
combination
with
____________________
force
permits
Walmart
to
have
____________________
time
information
of
the
products
in
the
stores
shelves
that
allows
restocking
automatically
.
10
.
Key
partnership
is
a
strong
____________________
-
____________________
relationship
in
which
suppliers
were
considered
as
close
partners
of
Walmart
,
suppliers
give
the
control
of
their
own
business
and
negotiation
advantage
to
Walmart
(
Parnell
and
Lester
,
2008
)
.
11
.
The
Cost
structure
is
cost
-
driven
model
since
it
is
focused
on
minimizing
costs
wherever
it
is
possible
and
it
is
characterized
by
____________________
of
scale
.
