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    Identify initiatives or actions after reading an annual report,

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    In a recent annual report, read management's letter to the stockholders. This section of an annual report typically discusses initiatives or actions that the company implemented during the year as part of its strategic plan.

    Identify at least three such initiatives or actions that you believe affected the company's annual sales or costs. Also identify one initiative or action the company is planning for the coming year that you will believe will affect revenue or expenses.

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    I used Wal-Mart's 2009 Annual report which can be accessed at http://www.sec.gov/Archives/edgar/data/104169/000010416909000006/dex13.htm

    Management initiatives or actions ...

    Solution Summary

    The expert identifies the initiatives or actions after reading an annual report.