The assignment discusses the Toyota way and Walmart Way. Additionally, there is a description of Principles of Operating Businesses. So, gather information from actual industry professionals.

The Toyota way and Walmart Way – Principles of Operating Businesses

Description. Firstly, each student will be required to complete a paper. Secondly, utilizing information from the books entitled “The Toyota Way” and the “The Walmart Way”. Thirdly, the student will extract ten principles from each of the books.  Also, they will explain how these operational models can utilized in an existing business. The student will select an actual business to used for the implementation of the key concepts derived from the books. The paper will use subheadings to divide the paper into the descriptions of these operational practices. The main body of the paper must be 4 pages in length.

The Toyota way and Walmart Way – Principles of Operating Businesses

In addition to the main body, the paper should include: Title page, Contents page (listing paper “subheads” and page numbers), Abstract and References (or Works Cited) page). The paper must be typewritten, double-spaced, using standard 1″ margins, and must not include an excessive amount of “bullet dots” in the body of the paper. The paper must include footnotes (citations) or references in the body of the paper that correspond to a listing on the References or Works Cited page. Students encouraged to gather information from actual industry professionals within organizations, in addition to gathering research from the textbook, Web, books, journals, etc.

The Toyota way and Walmart Way – Principles of Operating Businesses

Students may use any standardized referencing/footnoting formats, e.g., Modern Language Association (MLA) or American Psychological Association (APA). Proper use of English grammar and punctuation will be a consideration in grading. All papers must have a “Conclusion” (approximately one page at the end of the paper which provides a clear statement of what the student thought about the topic and why). The Conclusion must be “labeled” and is an essential part of the paper.

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