Executive Summary
This report is to recommend an appropriate funding body for the retail industry. This report analysis business entrepreneur Sam Walton and how he made a successful organisation Wal-Mart. Included are definitions of an entrepreneur opportunity and motivation and examines three areas of value. This report will state what opportunity Walton identified and the motivation behind Walton’s actions and what and how Walton created value to himself, his consumer and the global community. Recommendations on an appropriate funding body are included.
Table of Contents 1. Introduction 0 1.1 Authorisation and purpose 0 1.2 Limitations 0 1.3 Scope 0 2. Overview 0 2.1 Type of entrepreneur 0 2.2 Opportunity defined 0 3. Motivation 0 3.1 Intrinsic 0 3.2 Extrinsic 0 4. Value 0 4.1 Self 0 4.2 Others and users 0 4.3 Global and international 0 5. Conclusion 0 6. Recommendations 0 7. References 0
1. Introduction
This report examines recognised business entrepreneur Sam Walton the founder and creator of Wal-Mart discount stores. This report identifies Walton’s opportunities and motivations for executing this opportunity furthermore explaining how Walton created value for himself, the consumer, and internationally. The report includes an overview of Walton and includes specifies suggestions and recommendations for further development of the organisation. 2.1 Authorisation and purpose
This report has been authorised by Salina Tomasich Course Coordinator of Innovation, Creativity and Entrepreneurship at the University of the Sunshine Coast, for the purpose of identifying funding opportunities for an entrepreneur.
2.2 Limitations
This report is
References: Australian Government Skills Connect, http://www.skills.gov.au/content/funding-training. Viewed 14 August 2012 Iademarco, N, 2008 Sam Walton: Bargain Basement Billionaire October 9, 2008, Entrepreneur media link 2008, viewed 10 August 2012. Ma, H, Tan, J 2005 Key components and implications of entrepreneurship: A 4-P framework April 2005. Viewed 10 August. .jjbusvent.2005.04.009 Magretta, J, 2002 Harvard Business Review: Why Business Models Matter May 2002. Viewed 10 August 2012. Harvard business school Publishing Corporation. 91-92 Wal-Mart, 2011, Wal-Mart corporate, www.wal-martstores.com, viewed 9 August 2012. Vaghely,IP , Julien, PA 2008 Are opportunities recognized or constructed?: An information perspective on entrepreneurial opportunity identification June 2008. Viewed 7 August 2008. http://dx.doi.org/10.1016/j.jbusvent.2008.06.004.