Assignment # 11

Assignment # 11 - Sam Walton is the founder of Walmart....

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Unformatted text preview: Sam Walton is the founder of Walmart. Walmart is the cheapest retail store we have today. Mostly 60% - 80% of the products of Walmart is coming from overseas especially from China. Walmart is the number one customer of China made products. There is no other store can beat the price of Walmart. Walmart imports the product from china in a very low price and sells to the customer for a reasonable price and makes profit. Although china currency is undervalued than American currency, it will be very chapter for Walmart to pay off for the products. The question is, is the Walmart future of America? Well as there are two sides of the coin, in this case I feel the same thing. One side is good and the other one not. The good thing is people getting their needs in very cheap prices; they dont need to spend that much behind their needful things. The other side is we have lack of work in America because of using overseas labor. There is a city called miracle consist of lot many people looking for a job almost 10 to 15 years ago. That city is is a city called miracle consist of lot many people looking for a job almost 10 to 15 years ago....
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