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Is Wal-Mart bad or good for America?

Is Wal-Mart bad or good for America?. By: Grant Yost. How strong is Wal-Mart?. Companies cant afford to not do business with Wal-Mart

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Is Wal-Mart bad or good for America?

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  1. Is Wal-Mart bad or good for America? By: Grant Yost

  2. How strong is Wal-Mart? • Companies cant afford to not do business with Wal-Mart • It's the world's largest company--bigger than ExxonMobil, General Motors, and General Electric. The scale can be hard to absorb. Wal-Mart sold $244.5 billion worth of goods last year. It sells in three months what number-two retailer Home Depot sells in a year.

  3. Cheep • The cost of living today has reached an all-time high. It is tough to survive even if you have a college degree and a fairly decent job. The high cost of housing, rent, groceries, and clothes has caused people to look for alternatives to their everyday living. Right now, when people are trying to stretch their dollar, Wal-Mart prices can look pretty darn nice.

  4. You might ask.. • How is Wal-Mart bad for America? Wal-Mart is not bad for America. How can something be bad for the people when it is offering an alternative way of purchasing things that their families need?

  5. Wal-Mart's plan.. • Many people are under the impression that building a Wal-Mart brings jobs to town and saves consumers' money but the long term effect appears to be business closures, job losses, as well as a change in the overall wage that American's earn and the price they pay for goods.

  6. Wal-Mart's unfair competition… Pure Competition? Oligopoly? Monopoly? • Pure Competition is market for a same types of products in which there are many producers and consumers, none of which are large enough to have complete control. • An oligopoly is much like a monopoly, in which only one company exerts control over most of a market. In an oligopoly, there are at least two firms controlling the market.

  7. Wal-Mart is pure competition right? • Yes, and no. Wal-Mart has many competitors, however Wal-Mart has complete control over there competition. • In many ways I believe Wal-Mart is not only a oligopoly I believe it is a monopoly.

  8. How is that possible? • What about all of the other retail stores? Why don’t they give Wal-Mart a good competition?

  9. Wal-Mart is such a powerful retail store • A company CANT afford to say no!! • Ex. By selling a gallon of kosher dills for less than most grocers sell a quart, Wal-Mart may have provided a ser-vice for its customers, but at the same time wrecking Vlasic's operations (the pickle company). Wal-Mart drove the pickle company price so low jobs were lost in America and quickly adding replacement jobs in 3rd world companies. • Vlasic the most popular successful pickle company is now running into financial problems.

  10. Gets what they want • This is just one of the many examples of how Wal-Mart drives companies under. • It doesn't only hurt all of the workers working for the business making the product for Wal-Mart but it hurts everyone that is somehow involved with buying that product.

  11. How many people are really affected by Wal-Mart's jar of vlasic dill pickles price? Who’s affected to get a gallon jar of pickles to $2.97 • All of Wal-Mart's employees are underpaid. • All of the job workers for Vlasic got salaries cut or lost to replacement jobs in 3rd world countries. • All retail stores are forced to make there prices as low as possible even though they cant afford it. • All companies that distribute pickles have to find ways to cut there prices for the pickles. Which in conclusion lead to jobs lost to replacements overseas and salary cuts.

  12. Wal-Mart’s competition They don’t even compete with Wal-Mart. There the Yankees of retail stores. They have all the money and get whatever they want over any other retail store. By definition Wal-Mart is involved in pure competition, many people including myself see Wal-Mart not only a oligopoly but a Monopoly.

  13. Bibliography • Bohanan's , Hayes L. "Wal-Mart is Bad for Business." Wal-Mart. Always Bad for Business!. N.p., 16 June 2009. Web. 18 Oct. 2010. <http://webhost.bridgew.edu/jhayesboh/badbusiness.html>. • Carlson, Tucker. "msnbctv." Wal-Mart: Good or bad for America?. N.p., 25 Nov. 2005. Web. 5 Nov. 2010. • "Hellum Debate." Wal-Mart. Good or Bad for America?. N.p., 14 June 2008. Web. 1 Nov. 2010. <http://www.helium.com/debates/139253-is-wal-mart-bad-for-america>. • "Wal-Mart is bad for America?." WinningArguement. N.p., 21 Oct. 2009. Web. 5 Nov. 2010. <winningargument.blogspot.com/.../wal-mart-is-bad-for-america.html >.

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