Wal-Mart has been getting a lot of publicity in the business world.
Wal-Mart, always low price is expanding in different market and putting K-Mart and other competitors on their knees.
Today's frontpage of Los Angeles Times has an entire article regarding WalMart's expansion and how it affects everyone's life around the global.
Wal-Mart maintains an attractive price to its consumers because the company's distributor provides WalMart with large orders at a very low price. This is happy news for U.S. consumers while it means bad news for foreign workers. Most of the Wal-Mart supplies are made from foreign countries (mostly Asia).
Quote:
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Originally Posted by LA Times "There is always an acceleration," said Reyes, 37, who can't lift a cooking pot or hold her infant daughter without the anti-inflammatory pills she gulps down every few hours. "The goals are always increasing, but the pay stays the same." |
But what can they do. Everthing needs to work to provide a meal on their dinner table. And Wal-Mart is its biggest customer for foreign plants that employs 1,600 workers, mostly young women.
Also like to point out that getting low consumer projects can mean less job opportunities for the Americans. Since the labor fees are low at foreign countries, more U.S. companies are doing business with them. So more jobs available for foreign companies and fewer jobs available for the Americans. More unemployment.