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Surviving In The Market
Part one of term paper
Can Wal-mart get the magic back? In the four years since Wal-mart's founder died of bone cancer, CEO David Glass has invested billions of borrowed dollars in businesses that have earned relatively low returns. Glass, age 60, seemed to be a good choice for CEO when Sam Walton, at 69, tapped him to take over in 1988. Investors have knocked d ...
Part two of term paper ... he was quitting to become CEO of Blockbuster Entertainment. Fields headed Wal-Mart's main operations and was the company's closest link to the glory days. A hometown boy born and bred in Bentonville, Arkansas, Fields was hired by Sam straight out of the University of Arkansas 24 years ago. He became a sort of surrogate son, and was generally considered to be Wal-Mart's star manager in operations and merchandising. Fields earned $590,000 a year to run a $68 billion business at Wal-mart. At Block ...
Word count: 620 | Approximate pages: 3
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