Study Guide Wal Mart

Study Guide Wal Mart - INTB 3351 Study Guide Is Wal-Mart...

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INTB 3351 Study Guide “Is Wal-Mart Good for America?” PBS Frontline Documentary 1. How does the Wal-Mart model of capitalism differ from the earlier model of industrial capitalism in the United States? How has Wal-Mart become so profitable? *They have shifted from the Push to Pull system. Wal-mart has become so profitable, by aiming only on low cost 2. What do the concepts “push production” and “pull production” mean? *Push is manufacturer having all the power, and it tells the retailer what to do. Pull is retailer having all the power, and it tells the manufacturer what to do (Wal-mart s an example of Pull Production). * 3. What factors have made China such a low-cost producer of consumer goods? Why haven’t companies such as Rubbermaid, or manufacturing plants such as Thomson in Circleville, OH, been able to compete with the Chinese? *China is producing on very low cost, the factore are the low wage labor, child labor Rubbermaid and the other companies have not been able to compete with Chinese mainly
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Study Guide Wal Mart - INTB 3351 Study Guide Is Wal-Mart...

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