Annotated Bibliography

Yijie Cheng (1000393530)
Wenbin Wu (999241752)
Annotated Bibliography
Basker, Emek. (2007). The Causes and Consequences of Wal-Mart's Growth. Journal of
Economic Perspectives, 21(3): 177-198.
This article discusses the competitive advantages of Wal-Mart and its impact on the local and global economy. Wal-Mart’s early investment helps itself gain the competitive advantages, which not only allows Wal-Mart to gain bargaining power, but also enables Wal-Mart to have an advantage over its competitors. In addition, Basker also states that Wal-Mart has a large influence on retail industry because its growth limits the profitability of other retail stores, especially the small one. We find this article useful because much of the content can be easily

(2016). Factiva Company Report Wal-Mart Stores, Inc. Retrieved March 14, 2016, from Factiva database.
Factiva database provides specific financial performance information of Wal-Mart Stores, Inc., such as balance sheet, cash flow, and income statement. By measuring financial statements, such as key financial ratios, it is easy for us to analysis Wal-Mart’s performance over years. Sometimes, the effect of strategic decisions will be reflected by financial reports.

Fishman, C. (2006). The Wal-Mart Effect and a Decent Society: Who Knew Shopping Was So Important?. Academy Of Management Perspectives, 20(3), 6-25. doi:10.5465/AMP.2006.21903477
This article talks about “Walmart effect” in different aspects. The Wal-Mart effect means when Wal-Mart opens a new store, the local businesses will feel the impact and pressure. Therefore, Wal-Mart needs to figure out how to reduce the impact and there is a lot of strategy involved in this topic. We are going to use the strategies that Walmart uses and analyze why Walmart does it in order to figure out the reason why Walmart can be the largest company in the

We are going to use these data to analyze how Walmart can sell products at lower prices even in a competitive market. This is very meaningful to the result we are looking for. Most of the articles talk about Walmart’s strategy using words, but this one used data as evidence, which is more convincing.

Jantzen, R., Pescatrice, D., & Braunstein, A. (2009). Wal-Mart and the US Economy. Eastern Economic Journal Eastern Econ J, 35(3), 297-308. Retrieved March 13, 2016.
This article tries to figure out whether there is any long-run relationship between Walmart and US economy. It is not directly connected to strategies or management, but if we can find out why Walmart has relationship with US economy, we can use the logic backwardly to find out what characteristics Walmart must have to maintain the relationship with US economy. Since Walmart is an American company, the relationship between Walmart and US economy is very meaningful. Therefore, we are going to analyze the features that Walmart has according to this article.

Morillo, Juan, Callie McNally and Walter E. Block. (2015). The Real Walmart. Business