The Southern calcium regional Economy v. 2 C237C / CM137 Goetz Wolff Winter 2005 Office: PPB 5265 Tuesdays, 5:30 -8:20 pm Office: (310) 206-4285 PPB 2343 Off-Campus: (323) 254-6369 Office Hours: Tues 11-noon, 2-5:00 pm gwolff@ucla.edu Ben Uminsky - Teaching Assistant benuminsky@yahoo.com To the low-price, affordable operator go the spoils. Isnt that how capita heed economy is supposed to function? However, those every(prenominal)day low prices come at a cost. BusinessWeek With $245 billion in revenues in 2002, Wal-Mart Stores Inc. is the worlds largest social club. It is triplet generation the size of the no. 2 retailer, Frances Carrefour. Every week, 138 one thousand thousand shoppers lecture Wal-Marts 4,750 stores; last year, 82% of American menages made at least one bargain for at Wal-Mart. In household staples much(prenominal) as toothpaste, shampoo, and paper towels, the social club commands about 30% of the U.S. market, and analysts endanger that its share of many such goods could hit 50% onwards decades end. Wal-Mart also is Hollywoods biggest outlet, accounting for 15% to 20% of all tax revenue revenue of CDs, videos, and DVDs. The Southern California Regional Economy - v. 2 urban proviso C237C / CM137 Page 2 Goetz Wolff Wal-Mart controls a large and rapidly increase share of the argument done by close every major U.S.
consumer-products caller-up: 28% of Dial follow sales, 24% of Del Monte Foods, 23% of Clorox, 23% of Revlons, and on fling off the list. However, Wal-Marts seemingly unreserved and virtuous business modeling is fraught with complications and perverse consequences. To call a particularly celebrated one, this staunchly anti-union company, Americas largest private employer, is astray blamed for the sorry express of retail wages in America. On average, Wal-Mart sales clerks -- associates in company parlance -- pulled in $8.23 an hour, or $13,861 a year, in 2001, harmonise to documents filed in a lawsuit pending against the company. At the time, the federal poverty mental strain for a family of three was $14,630....If you compulsion to repulse a wax essay, order it on our website: Ordercustompaper.com
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