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    Wal-Mart: The High Cost of Low Prices

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    Arkansas community. It was started on principles very similar to small local businesses in small towns. Today Walmart has gotten a different, darker reputation. On the surface, Walmart may seem like the solution to everyday issues. Low-income families are attracted to the low prices, and people who work odd hours benefit greatly from the 24 hours a day that many Walmarts are open. Lately, Walmart has also managed to be publicly recognized as a store that sells many of today’s green products, including organic

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    Wal-Mart Documentary: The High Cost of Low Price, I am strongly against Wal-Mart in America because of several reason but will narrow it down to: the closings of small businesses, high crime rate, and discrimination against employees. Well how about a little fun fact: Wal-Mart makes millions of dollars every day and does little to nothing to help their community or employees make a living to support their families. The business motto of Walmart is all about low prices but at what cost? The Wal-Mart Documentary:

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    driving force in the inevitable destruction of the American dream? Are the low-wage providing employers really to blame, or is it because they can not afford to pay their employees with higher wages and proper benefits such as health care and 401Ks? Or is it something as simple as greed for the wealthy that holds the poor’s head under the water of poverty? In Robert Greenwald’s documentary, Wal-Mart: The High Cost of Low Price, the American dream is challenged by a relentless behemoth of a corporation

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    Wal-Mart’s Low Prices “Wal-Mart is the largest private employer in the nation and the world’s largest retailer. With 1.6 million workers, 1.3 million in the United States and 300,000 offshore” (Miller, 2006). Thousands of Wal-Mart stores across the United States of America are best known for their slogan of save money live better. Wal-Mart retailers are regarded by the American public for the place to go to find everything from fishing gear to groceries at the lowest prices. However, to obtain these

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    Product Pricing

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    Product Pricing The cost of an “everyday low price” toy: $19.95. The cost of a Rolex watch: $2,465. A great paper explaining why corporations put these prices on products: priceless. Wal-Mart has become the leader in “everyday low price” pricing, and the number one retailer has brought many businesses to their demise because of their pricing strategy. Recently, Wal-Mart has expanded their sales niche to the toy department putting many specialty toy stores near or completely out of business. This

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    Net Flix Case Study

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    store without the hassle of having to return the rentals before being charged a late fee. Customers would only be able to keep out a certain number of movies at a time. For a set price the customer could watch the movies they want, without late fees. Customer satisfaction was achieved through fast delivery, low prices, and allowing the purchaser to see the movies they want to watch with less hassle. Browsing for movies with the click of a button is quicker than going to the store and walking through

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    walmart

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    Wal-Mart’s everyday low prices gives an edge over other retailers. • Efficient IT infrastructure enables to smoothen inbound and outbound logistics. • Distribution efficiencies reduces the dependency on the suppliers inefficiencies. • Wide range of products provides customer anything and everything under one roof. • Current dominating market position gives advantage in market development and penetration. • economies of scale of scale Weaknesses- • The weakness is that their overhead is expensive

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    strangely loved and hated by the American citizens. Many absolutely love them because they provide individuals with good quality goods at low prices, efficient and convenient service, and it is often said that as these stores not only create many job opportunities to the suburbs, but they also greatly increase local tax revenues. "All customers appreciate good service, low pricing, and great selection," suggest Walt-Mart (Beaumont). Although it seems like the consequences of the presence of these stores

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    Agriculture Revolt

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    bartered for their other needs. Now, with the high prices, farmers were forced to grow single "cash" crops like wheat or corn, and use their profits to buy other necessities at the general store. There was also an overproduction of products. This led to lower prices and less money for the farmers. Document E gives a clear example of the results of overproduction and no demand. The low prices and deflated currency frustrated the farmers greatly, and the price of interest was so high so they had to carefully

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    Currently, farmers in Brazil and Vietnam grow the majority of coffee beans. These farmers then sell their beans to the middlemen who pay them low prices-an average of $0.3-0.4 per pound. The farmers are earning less or even losing for growing coffee beans. Their lives are devastating with the dramatic increase of coffee supply worldwide which cut the price of coffee in half. While on the other hand, the big coffee companies are making ten times as much as their cost. Coffee companies' only concern

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