The Wal-Mart Effect
How the World's Most Powerful Company Really Works--and How It's Transforming the American Economy: How the World's Most Powerful ... HowIt's Transforming the American Economy
by:
Charles Fishman
in:
Economics
Summary:
The book investigates the impact of Walmart on local economies, suppliers, and global markets, revealing how its business practices drive efficiency and low prices but also lead to consequences for workers, communities, and competitors. It delves into the complex nature of Walmart's influence, illustrating both the positive and negative effects of its dominance on the American economy and beyond.
Key points:
1. Low Prices at Walmart: The book examines Walmart's focus on low prices, which draws customers but pressures suppliers and affects quality, labor, and the environment.
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