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Unformatted text preview: will be created as well as a health benefit, if it sells fresh food. However, other smaller competitors such as family businesses will lose customers. Opinion: This is an example of absolute advantage since Wal-Mart is able to buy produce cheaper than anyone else with its ability to negotiate deals. I feel like this is a great method to help increase Wal-Mart’s profits, but it will have a negative effect on the overall economy. Its competitors will lose business and profit. Wal-Mart is being too greedy at this point and is not thinking about the big picture. Also, this new plan may fail since it is very similar to the concept of a supermarket, which many exist today (i.e. Safeway, Lucky’s, etc.)....
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This note was uploaded on 12/02/2010 for the course DC 36821 taught by Professor Dr.b during the Spring '10 term at DeAnza College.
- Spring '10