In the context of this course, you will be asked to address the issues/questions below for Walmart, Inc. (WMT) When addressing the issues/questions, be sure to do so in the context of this course and WMT. You have been appointed as the special assistant to the Chief Executive Officer, Douglas McMillon who has asked you to address the following two situations:

a) Walmart currently buys most of its store equipment from a manufacturer in China. A representative from a company in India is offering to sell the equipment for 25% less than the cost from the manufacturer in China. Discuss the issues that you would consider in deciding whether to accept this offer.

b) Mr. McMillon wishes to develop an incentive plan for the retail store managers. Before the plan is implemented, he wishes you to make sure that budgeting in the stores is done correctly. He has asked you to submit a document, which discusses the key points related to budgeting that you have learned in MBA 640. Be as thorough as possible.