Can someone help me answer this economic questions...thanks..:
1. Some companies advertise that they deal in high volume and pass the savings on to their customers. WalMart in particular advertises "Low Prices Every Day". Do you agree that this is a good business practice? Is it good for the consumer? The workers? The suppliers? The economy? Why or why not?
2007-03-06 04:49:20 · 2 answers · asked by CM 1 in Social Science ➔ Economics
If you have about an hour and forty minutes, you should watch this:
Walmart High Cost of Low Prices
http://video.google.com/videoplay?docid=-3836296181471292925
2007-03-06 04:59:24 · answer #1 · answered by bustedsanta 6 · 0⤊ 0⤋
You can find pros and cons on this one - but it's best to recall the lecture your prof gave and just go with it. This isn't phrased in a way to be equal and open-minded. He or she wants a solid opinion, and wants it to be his or hers.
2007-03-06 14:10:23 · answer #2 · answered by Veritatum17 6 · 0⤊ 1⤋