Global Transnational Strategy

The Southern California regional Economy v. 2 C237C / CM137 Goetz Wolff wintertime 2005 might: PPB 5265 Tuesdays, 5:30 -8:20 pm Office: (310) 206-4285 PPB 2343 Off-Campus: (323) 254-6369 Office Hours: Tues 11-noon, 2-5:00 pm gwolff@ucla.edu Ben Uminsky - Teaching Assistant benuminsky@yahoo.com To the subaltern-price, low-cost hustler go the spoils. Isnt that how capita hark economy is supposed to work? However, those every(prenominal)day low prices come at a cost. BusinessWeek With $245 billion in revenues in 2002, Wal-Mart Stores Inc. is the worlds largest social club. It is three generation the size of the No. 2 retailer, Frances Carrefour. Every week, 138 million shoppers lecture Wal-Marts 4,750 stores; last year, 82% of American households made at least one purchase at Wal-Mart. In household staples much(prenominal) as toothpaste, shampoo, and paper towels, the conjunction commands close to 30% of the U.S. market, and analysts hazard that its share of man y such goods could withdraw 50% beforehand decades end. Wal-Mart also is Hollywoods biggest outlet, accounting for 15% to 20% of all gross revenue of CDs, videos, and DVDs. The Southern California Regional Economy - v. 2 Urban proviso C237C / CM137 Page 2 Goetz Wolff Wal-Mart controls a large and rapidly increase share of the furrow done by most every major U.S.

consumer-products company: 28% of Dial total sales, 24% of Del Monte Foods, 23% of Clorox, 23% of Revlons, and on down the list. However, Wal-Marts seemingly honest and virtuous business model is fraught with complications and perverse consequences. To consultation a particularly noteworthy o! ne, this staunchly anti-union company, Americas largest private employer, is widely blamed for the sorry state of retail wages in America. On average, Wal-Mart sales clerks -- associates in company parlance -- pulled in $8.23 an hour, or $13,861 a year, in 2001, harmonise to documents filed in a lawsuit pending against the company. At the time, the federal poverty cable length for a family of three was $14,630....If you want to repulse a near essay, order it on our website: BestEssayCheap.com

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