A Case Analysis of the Aggressive Strategy of Prices Suppression by WalMart Essay

WalMart Case AnalysisWalmart has a very interesting state of existence because of its sheer size. For example, in the book it is mentioned that WalMarts aggressive strategy of pushing prices down is responsible for reducing the worlds inflation by almost one percent in some years. As has been said in many different arenas of human existence, with great power comes great responsibility. Many would argue that in the time since WalMart has come to exist as the multinational power it is today, it has done nothing short of abuse its power and cause harm to the people it claims to help. However, although WalMart has not achieved perfection when it comes to social responsibility, it been reasonable enough that many of its actions are highly defensible, and, in many ways, the good outweighs the bad.One of the arguments against WalMarts strategy of price suppression is that by forcing manufacturers and suppliers to keep costs down, in order to maintain profitability, overseas manufacturing, even if it were inevitable, was accelerated by WalMart. The argument against this is that jobs are going overseas, presumably never to return. However, people neglect to think that the market for employment is pretty liquid. Yes, manufacturing may have moved overseas, but the company will still have offices here. People who would have been on manufacturing floors in the past today are working in offices doing data entry jobs, secretarial work, sales jobs, and other distribution-related things. To a certain extent, unskilled labor has to adapt to whatever the market can use it for. Its not like people went to college to work at WalMart and their degrees are now worthless, as in some other professions.WalMart, for the job that its employees do, pays an enviable and competitive wage. People forget that not everyone is going to be able to make 85,000 a year because not everyone is capable of generating...