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Recall the Application About the Size of Wal-Mart to Answer

question 95

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Recall the Application about the size of Wal-Mart to answer the following question(s) . During 2008, Wal-Mart's sales were approximately $374 billion, or roughly 2.6 percent of U.S. GDP, and its cost of sales was $286 billion.
-According to this Application, what was the approximate value of Wal-Mart's value added in 2008?


Definitions:

Abram Maslow

Abram Maslow was an American psychologist best known for creating Maslow's hierarchy of needs, a theory in psychology that outlines a five-tier model of human needs.

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According to Abraham Maslow's hierarchy of needs, these are the fourth level of human needs, involving respect, self-esteem, status, recognition, and strength.

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The psychological process that gives behavior purpose and direction, often seen as why individuals choose to engage in certain actions.

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