06 Dec Is Walmart Good for America and the World?
Please follow the instruction on writing this assignment, required to watch 3 videos.
links for 3 videos
https://vimeo.com/user158626527/review/680157734/72bdd31bff
https://vimeo.com/user158626527/review/675601845/4cb3fea90e
https://vimeo.com/user158626527/review/680162985/e43b882a7d
Walmart Discussion Board Assignment The Media to Watch
Is Walmart Good for America and the World? Required Video to Watch "Is Wal-Mart Good for America?" provides a provocative examination of the impact Wal-Mart has had on the U.S. economy. The documentary highlights the changing relationship between manufacturers and the so-called "big-box" retailers, exemplified by Wal-Mart, that has contributed to the bankruptcy of some American businesses and a growing unemployment rate. While Wal-Mart supporters tout the advantages of one-stop, low-cost shopping, others are alarmed at both the outsourcing that has made these low prices possible and how large retailers affect smaller, local businesses.
The New Age of Walmart Recommended Video to Watch Five years ago CNBC's David Faber took an unprecedented look inside the world's largest retailer. Since then, much has changed. A brutal onslaught of lawsuits, intense criticism and a plummeting stock price have resulted in re- invention at the largest company in the world. Today there’s new leadership at the top, major store renovations and a newfound focus on environmentally friendly policies. So far, it looks like Walmart’s new image campaign is working. While many companies are cutting back or going bankrupt in the midst of recession, Walmart continues to grow — outperforming its major competitors. But are the changes Walmart has undergone substantial ones…or merely slick public relations ploys? And what challenges does the giant retailer face as it continues its aggressive expansion? CNBC's Emmy Award winning anchor and reporter David Faber investigates The New Age of Walmart.
Walmart the Global Giant Recommended Video to Watch Paul Solman examines Wal-Mart's distribution system and its productivity. Current employees explain how Wal-Mart operates, while some former associates share their discontent with the United States' largest private employer.
You will be evaluating the following: The positive and negative aspects of Wal-Mart's pricing policies The impact that outsourcing has had on the United States economy
Review the following terms prior to watching the documentaries: Outsourcing is when a business obtains services or products used in manufacturing, such as parts for a television set, from an outside (often overseas) supplier or manufacturer in order to cut costs. Offshore Companies conduct most of their business outside of the country in which they are incorporated. These companies are also known as non-resident companies. Push Production is when manufacturers of products decide what to produce, how much to produce and the price of the product. Pull Production is when retailers determine what the manufacturer will produce, how much to produce and the price of the product.
Your two Discussion Board Questions (select one to answer and post to BlackBoard):
Do you think the strategies and tactics that Wal-Mart is using are fair? Why or why not? Is Wal-Mart Good For America and the World?
Minimum number of words: 600, remember this is a minimum Most professional writers agree that the average sentence length of good writing does not exceed 30 words per sentence. Many writers believe that the ideal average is 25 words per sentence. Such a word count promotes sophisticated persuasive writing that is easy to read but not too choppy. Note that we are talking about averages. Some sentences in your document might have 50 words while others might have 15 words. Varying the number of words in your sentences makes your document more interesting for the reader and creates staying power. Therefore, your answers need to be to the point and with enough detail to answer the question.
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