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Elements of Walmart's strategy have evolved in meaningful ways since the company's founding in 1962. Prepare a one page report that discusses how its strategy has evolved after reviewing all of the links at Walmart's About Us page, which can be found at walmartstores.com/AboutUs/. Your report should also assess how well Walmart's strategy passes the three tests of a winning strategy.
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Consider an economy in which George and Harriet consume only ale and bread. George's utility function is UG = aG(bG- 1) where aG and bG are his consumption of ale and bread. Harrie
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