Monday, June 29, 2015

Chapter 9 - Executing Strategy through Organizational Design

The three major forms of business in the United States are sole proprietorship's, partnerships, and corporations. Sole proprietorships have one owner. Partnerships are a legal form of business where two or more partners share ownership of a firm. A corporation is a legal form of ownership where shares of ownership are publicly traded in stock markets and management is performed by professional executives. Sam Walton, the founder of Walmart, opened the very first Walmart July 2, 1962. It was not until 1969 that the company officially incorporated as Walmart Stores, Inc. In 1970, Walmart became a publicly traded company and sold it's first share at $16.50.  

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June 29, 2015 04:01 PM Pricing delayed 20 minutes

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