The Wal-Mart Effect
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This paper looks at Wal-Mart and why it is so successful. It looks at the buying tactics it uses and the deals it has made with Asian suppliers. The paper also looks at the effects of Wal-Mart stores on local economies, jobs, and wages.
From the Paper:"In January of this year, the Institute for America's Future reported that Wal-Mart siphoned billions out of local economies across America during the holiday season. Even though it did not reach projected revenue growth for November and December, it still took in record billions which amounts to more than five times the revenue of its largest competitor. Wal-Mart siphoned off more than just dollars; it cost local communities billions in wages and benefits paid, lost purchases of inventory, supplies and services from other local businesses..."
Cite this Term Paper:
The Wal-Mart Effect (2008, December 01) Retrieved November 14, 2019, from https://www.academon.com/term-paper/the-wal-mart-effect-120501/
"The Wal-Mart Effect" 01 December 2008. Web. 14 November. 2019. <https://www.academon.com/term-paper/the-wal-mart-effect-120501/>