revised draft November 11 again revised

revised draft November 11 again revised - November 11, 2009...

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November 11, 2009 Review: Bentonville, Arkansas Retail/discount revolution Prior to big-box discount chains, merchandisers relied on local suppliers for goods to sell retail. Wal-Mart eliminates local supply chains, so that when a Wal-Mart comes to a new area, 1.5 jobs are lost for every 1 job created. – 153. How is that possible? http://www.jibjab.com/originals/big_box_mart Globalization: Up Sides and Down Sides The Down Sides, as your book conveys, include: 1.Break in the local supply chain means lost jobs 2.New jobs created are lower wage and lower benefit
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sprawl, traffic congestion, and environmental impact 4.More commitments from governments needed to attract big box retailers 5.Imported goods from other countries have little to no oversight over quality, safety, environmental impact of the manufacturing process or working conditions The Up Sides, according to the American Enterprise Institute 1.Jobs don’t decline where Wal-Mart goes, they
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revised draft November 11 again revised - November 11, 2009...

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