Running Head: Draft: Wal-Mart 1 11 Draft: Wal-Mart General Education Capstone Crystal Sims February 9, 2016 Introduction Wal-Mart has been one of the organizations in the forefront of initiating partnerships with the community in its operations (Fishman, 2012). As a result, the organization has initiated programs to reinforce the commitments of stimulating economic development, expanding access to the affordable groceries and creating quality jobs within the city. It is among the biggest corporations not only in America but across the globe with more than 1 million employees and with revenue that exceeds $250 billion (Berg & Roberts, 2012). It is a corporation experiencing a steady growth which has been attributed to the innovative and the revolutionary business strategies emphasizing complicated chain management and cutting on the overall operational costs. It has adopted business models that have transformed patterns used in the retail and wholesale trade. This is in addition to the adoption of the latest logistics strategies involving the transportation and the distribution of the commodities (Brunn, 2014). Wal-Mart has been offering a wide variety of products at relatively lower prices than most of its competitors. Moreover, the company adopts most of the intelligent people as its employees, and this makes it generate a considerable amount of sales as well as property tax for the locally residing communities (Berg & Roberts, 2012). Wal-Mart historical background Wal-Mart evolved from the Walton’s zeal for value and great customer service and opened Wal-Mart in Rogers, Arkansas in 9162 (Ferguson, 2015). Many of the competitors thought offering great discount for customers would never work. Much to the surprise among the competitors the idea even went beyond Sam’s expectations. Wal-Mart became public in 1970 and proceedings greatly financed the business expansion (Wal-Mart, 2015) .Sam credited the expansion of the business not only in the low prices offered but also to the business associates. This is because, he depended on them to give a great experience to the customers that would continuously enable them to always come back. Sam made his vision become known among his associates in ways which were almost unheard within the industry. He partnered with the associates to enhance the success of the organization.as the stores began to grow, so did his aspirations (Wal-Mart, 2015). He began experimenting with new stores, bringing new approaches and best retail technologies. His fearlessness in setting the prices below the market standard created more value in the customers which has enabled it to be one of the largest retail chains in the world. After receiving a Medal of Freedom, he died in 1992 although his left a continuous legacy (Vance, Scott, & Perkins, 2014). Research methodology The research involved a review of the corporation.