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CORPORATIONS: WALMART

CORPORATIONS: WALMART. CGC1D. Class Census. How many of you shop at Walmart? How many of you have a family member that shops at Walmart?. Class Discussion Questions. What products can you purchase at Walmart? Why do you think so many customers shop at Walmart?.

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CORPORATIONS: WALMART

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  1. CORPORATIONS: WALMART CGC1D

  2. Class Census • How many of you shop at Walmart? • How many of you have a family member that shops at Walmart?

  3. Class Discussion Questions • What products can you purchase at Walmart? • Why do you think so many customers shop at Walmart?

  4. What is Walmart's Catch Phrase?

  5. Important Background Information • Walmart is an American multinational corporation. It is also a family owned business. • Walmart is the biggest retailer in the world! • Walmart’s growth can be largely attributed to their ability to keep prices low.

  6. Important Background Information • Walmart has over 8,500 stores in 15 countries! • There are over 2 million employees worldwide! • Walmart’s revenue in 2012 was over $400 billion!

  7. Walmart’s Empire

  8. Important Definitions • Outsourcing: • When a business obtains services or products used in manufacturing, such as parts for a televisions set, from an outside (often overseas) supplier or manufacturer in order to cut costs.

  9. Important Definitions • Offshore Companies: • Conduct most of their business outside of the country in which they are incorporated. • Offshore companies are established in order to benefit from loose government regulations and lower taxation.

  10. Important Definitions • Push Production: • Manufacturers of products decide what to produce, how much to produce and the price of the product.

  11. Important Definitions • Pull Production: • When retailers determine what the manufacturer will produce, how much to produce and the price of the product.

  12. Is Walmart Good for America? • Watch the Documentary and answer the questions provided. • Be prepared to discuss the topic question above based on the information you collect.

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