Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/330472 
Erscheinungsjahr: 
2022
Quellenangabe: 
[Journal:] Essays in Economic & Business History (EEBH) [ISSN:] 2376-9459 [Volume:] 40 [Issue:] 1 [Year:] 2022 [Pages:] 188-209
Verlag: 
Economic and Business History Society (EBHS), Rockford, MI
Zusammenfassung: 
Sol Price and Sam Walton changed retail in the twentieth century. Price changed retail by combining knowledge he assembled from real estate law and the firms he observed to find creative ways to innovate in discount retail. Walton, too combined and redeployed knowledge-in some cases, the knowledge he obtained watching Price. Walton also used the knowledge he acquired from studying retail logistics to develop a supply chain that dramatically lowered costs and passed those savings onto consumers. Both succeeded by developing organizations that effectively deployed entrepreneurial judgment. Their careers provide informative examples of the judgment-based approach to entrepreneurship.
Schlagwörter: 
Walmart
retail
Sam Walton
Sol Price
judgment-based approach
entrepreneurship
effectuation
JEL: 
N82
L26
Creative-Commons-Lizenz: 
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Dokumentart: 
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