Video : IS WAL-MART GOOD FOR AMERICA? [pbs website]
Answer the following questions. Please copy and paste the question followed by the answer.
How is Walmart able to keep track of its inventory? Why is this important?
What effects has this inventory system had on producers?
What 2 powerful forces converged in the 90s that Walmart took advantage of? How did they take advantage of them? How has this changed the retailing business?
What factors most contributed to the decline of Rubbermaid from 1994 to 2004?
What is an opening price point? How does it influence sales?
How exactly has Walmart kept its prices so low?
In 1994, President Clinton said that new trade agreements would create a market for American products in China. What happened after opening trade with China?
Describe in your own words what is happening to American retailers and American trade with China and how Walmart has impacted this dynamic.
Compare Rogers to Walmart. List 5 major differences between a domestic company and a multinational company in terms of business practices and impact on the global economy. Explain in detail and cite your sources.