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    Briefly describe Sears, Roebuck and Co.
    Give three examples of responsibility centers for Sears, Roebuck and Co..
    Describe how these responsibility centers interact.

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    Solution Preview

    Sears, Roebuck and Co. was officially formed in 1893. The company dates its history back to 1886 when Richard W. Sears, a railroad agent in Minnesota, received an box of errant watches and then sold them to other agents.
    <br><br>
    <br><br>A Brief Chronology of Sears History
    <br><br>
    <br><br>1886 Richard Sears starts selling watches to supplement his income as station agent at North Redwood, Minn.
    <br><br>1887 Sears settles in the company's first Chicago location and hires a watchmaker named Alvah C. Roebuck.
    <br><br>1888 Date of the earliest catalog featuring only watches and jewelry.
    <br><br>1893 Corporate name becomes Sears, Roebuck and Co.
    <br><br>1896 First large general catalog.
    <br><br>1911 Sears establishes testing laboratory.
    <br><br>1916 Savings and Profit Sharing Fund of Sears Employees is established.
    <br><br>1925 First Sears retail store opens in catalog center on Chicago's west side.
    <br><br>1927 Sears launches the Craftsman® and Kenmore® brands.
    <br><br>1931 Allstate Insurance ...

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