Final November 9

Final November 9 - experience.” Wal-Mart’s relationship...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
November 9, 2009 Review: CCC OASDI (Social Security) Fordism v. Post-Fordism Wal-Mart’s history is quintessentially Post-Fordist. It also coincides with the post WWII growth of the suburbs, new location of retail centers, and the drive-in culture. Wal-Mart is founded in Bentonville, Arkansas. Why is this important? 1. Unlikely birthplace due to hostility of the rural south to chains -67-8 2. Mom & Pop store mentality absorbed by Wal-Mart culture, the melding of patriarchy means lower wages for women expected 3. Walton’s personality as symbol : “The secret of successful retailing is to give your customers what they want," Sam wrote in his autobiography. "And really, if you think about it from the point of view of the customer, you want everything: a wide assortment of good quality merchandise; the lowest possible prices; guaranteed satisfaction with
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
what you buy; friendly, knowledgeable service; convenient hours; free parking; a pleasant shopping
Background image of page 2
Background image of page 3
This is the end of the preview. Sign up to access the rest of the document.

Unformatted text preview: experience.” Wal-Mart’s relationship to its suppliers reshaped the global market for consumer goods. Three trends: 1. Power shift from manufacturers to retailers- UPC 2. Rise of global manufacturers 3. Power of consumers in shaping product choices – 109 The “discount” revolution starting in the 1960s featured self service, efficient operations and lower margin per item. These companies also use computerized current inventory reports and automated distribution centers. Wal-Mart, Jobs, and the Supply Chain The retail boom in America creates a simplified management structure – fewer middle strata jobs, much greater numbers of lower strata jobs. See Tables p. 147-150 Role of government in this expansion: 1. Many Wal-Mart employees use public assistance programs-155 2. Wal-Mart uses/demands state and local tax breaks to locate its stores-158...
View Full Document

This note was uploaded on 04/14/2011 for the course POLI SCI 0859 taught by Professor Robinkolodny during the Fall '09 term at Temple.

Page1 / 3

Final November 9 - experience.” Wal-Mart’s relationship...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online