The local business that I use frequently is Walmart, typically because it is down the street from where live. Walmart’s business commerce is typically in the United States. Walmart has come up with food miles which means that they calculate how many miles that each produce or any food item is transported to their local store. This is why when they buy produce they buy products in the united states to make sure that it is safe and does not travel too far. Walmart’s business system is like no others that I have seen. As I have done research Walmart uses technology as their business system.
According to (Walmart) “Wal-Mart embraced technology to become an innovator in the way stores track inventory and restock their shelves, cutting costs and passing the savings along to customers. In the process the company became synonymous with the concept of successful supply chain management”. By Walmart’s brilliant idea this has made Walmart one of the largest stores to compete with. Reason being they have came up with a system to keep their prices lower than other stores. By doing this it attracts customers, and supplying the the customers with needed products that are reasonable than other stores. The business occupation of Walmart is nationwide, they only go with the best in order for the trader to make a profit as well as Walmart as well. They hand pick there growers personally and test before buying or trading. Walmart also has pharmacy in its store, which also helps bring in profit.
Walmart’s business organization goes further than the United States, they have multiple connections with China, India, and other countries to make their business more successful. By partnering with different countries they have been able to build an outstanding organization.
They buy building this organization they were able to provide jobs not on in the U.S but all over
World.