Name Professor Course Date Is Wal-Mart Good for America How has Wal-Mart changed the power relationship between retailers and manufacturers? Give examples from the documentary. The invention and spread of Wal-Mart has been beneficial to the economies of most parts of the world. The new marketing techniques introduced by the organization have had influence in most part of the world especially in business. The power relations between manufacturers and retailers have changed greatly (Frontline 1). In the previous relationship between the retailers and manufacturers a pull system was the common means of supplying goods and services to the retailers. The system was that the manufacturers would produce certain amounts of goods and provide them to the retailers irrespective of their preferences for the goods (Frontline 1). As explained by the documentary watched the system was such that the manufactures had all the market power such that they controlled every that some of the functions of the American industries had been shifted to other countries like China. The assembling and other industrial functions were subdivided to serve China and other nations through the new strategy introduced by Wal-Mart. This strategy required the use of low costs in production. One of the implementation strategies for the project was to finalize certain production processes like assembling in other nations while the American industries manufactured the various spare parts (Kagan 1). The action had a notable influence to the society as it reduces the profits gained while the final products were handled by the various industries. It also looked like the final products were made from the assembling nations hence the efforts of the American industries would not be felt. Works Cited Frontline. Is Wal-Mart Good for America. 2004. Retrieved from; www.pbs.org Kagan Robert. The world America made. The New York Times 2013. [...]
Is Wal-Mart Good for America? This assignment will be graded out of 60 and is worth 10% of your final grade. Watch a documentary about how Wal-Mart’s global business strategies are affecting US consumers and workers. The documentary can be watched online (in five parts) at: www.pbs.org (Links to an external site.) After you have watched this documentary I want you to write a summary of it that answers the six questions below. Each question will be graded out of 10 for a maximum of 60. 1. How has Wal-Mart changed the power relationship between retailers and manufacturers? Give examples from the documentary. 2. Why and when did Wal-Mart go global, specifically to China, for supplies? In your answer make sure to mention what proportion of its suppliers are from China and what the estimated value of Wal-Mart’s imports to the US are on an annual basis? 3. How has Wal-Mart’s purchasing from China affected the locational decisions of its US manufacturing suppliers? 4. Do you think the Wal-Mart story is the new model of global capitalism? What are the implications of this model for US prosperity and workers specifically? In your answer, explain what happened in Circleville, Ohio. 5.What is your position on Wal-Mart’s strategy? Do you think the free-trade/free-market/lowest price strategy of Wal-Mart’s is a good or bad one for America? Why do think it is good/bad? Who is it good/bad for in America? Is it good for consumers? Is it good for workers? Does it make sense to distinguish between these latter two groups in evaluating Wal-Mart’s strategy? 6. Do you think that the manufacturing industry lost from the USA because of the low cost and competitive strategies pursued by Wal-Mart and other US companies will come back? If so, what do you think this will mean for jobs? To answer, reflect on the documentary and read the following three stories in the New York Times that formed a series called “American Made”, published in 2013: U.S. Textile Plants Return, With Floors Largely Empty of People: (Links to an external site.) faculty.washington.edu A Wave of Sewing Jobs as Orders Pile Up at U.S. Factories: (Links to an external site.) faculty.washington.edu That ‘Made in U.S.A.’ Premium: (Links to an external site.)faculty.washington.edu (Please note that the original online versions at nytimes.com have videos and multimedia content. If you want to read them in the original versions (as opposed to the pdf versions above) with this content you can access them here: U.S. Textile Plants Return, With Floors Largely Empty of People (Links to an external site.)(www.nytimes.com . Click on the link in this page to access Part 2 of this story (A Wave of Sewing Jobs as Orders Pile Up at U.S. Factories), located just after the second paragraph. The link for part 3 (That ‘Made in U.S.A.’ Premium) is in Part 2. The New York Times allows you to access 10 free articles per month if you don’t have a subscription). The format of your summary should follow the instructions below: It must be single-spaced, 12pt font, 1.25 inch margins and at least THREE but no more than FIVE pages. It must put the title “Is Wal-Mart Good for America?” in bold at the top of your responses, followed by your name and your TA’s name. Write at least one paragraph in response to each of the six questions. Some questions will probably require more than one paragraph. Please head each set of paragraph(s) with the text of the question they refer to in bold. You may use additional material to support your answers if you like but you must provide a citation to these additional sources.