Current Events - FINA 3000 (Pope) questions and solutions

Current Events - FINA 3000 (Pope) questions and
solutions

What were Walmart's sales driven by? - answersgrocery, essential goods and strong digital commerce
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Why have Walmart's e-commerce sales gone up 74%? - answersdecrease in shopping trips to the physical
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stores led to a shift to items being purchased online
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What are Walmart's five pillars? - answersemployees, customers, business partners, managing financial
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metrics and driving future performance.
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What was the result of the government mandates and CDC protocols on Walmart? - answers5.5% increase in
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operating expenses, but generated a net income increase of 3.9% on the bottom line
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What was the first wave of customer shopping behavior? - answersthe demand for products was around
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grocery and consumable goods (specifically paper supplies and cleaning products)
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What was the second wave of customer shopping behavior? - answersshift to products focused on the home-
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bound consumer including puzzles, games, bicycles and entertainment (videos, electronics)
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What was the third wave of customer shopping behavior? - answersdiscretionary spending including
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apparel and toys mostly attributed to stimulus funds
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Why did gross margins for Walmart decrease from 24.3 to 23.7% compared to last year? - answersmix of
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products being sold (grocery and consumables have lower margins) and the shift of products being
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purchased online.
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Online businesses have _________ operating costs which can impact profitability. - answershigh
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Walmart's strong performance depends on the ______ _______. - answerssupply chain ji ji ji ji ji ji ji ji ji ji




the State of Georgia sold $1.03 billion in three different series of __________ ______________ ________ to
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fund new construction projects and equipment, make repairs and renovations to existing facilities, and
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refund outstanding bonds to achieve debt service savings - answersgeneral obligation bonds
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What will the bond sale allow the State of Georgia to do? - answerssupport economic growth, provide job
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opportunities in the construction industry, and meet the future needs of citizens
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What is Georgia's bond rating? - answersAAA
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Where are the education funds allocated from the bond sale? - answers$246 million for Board of Regents
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projects for the University System of Georgia.
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$199 million for local school systems' K-12 and state schools projects.
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$121 million for the The Technical College System of Georgia for various projects located throughout the
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state.
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