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 04:50:58 · 2 answers · asked by CM 1 in Education & Reference ➔ Homework Help
I worked in a factory years ago and to get the amount of money for non-saving companies I had to work twice as hard. (piece rate). What I got for 1 bundle of shirts that consisted of 12 they get for 1 shirt and that had to be perfect just like other shirts I did.So as a supplier for the company no it's not good business practice in my book. But again maybe that's why their sending all the work to 3rd world companies OH WELL.
2007-03-06 05:11:21 · answer #1 · answered by Anonymous · 1⤊ 0⤋
umm, not good for the workers, that's for sure. There was a documentary that I watched a while back, I think it was called The High Cost Of Low Price, you may be interested in it.
2007-03-06 12:56:19 · answer #2 · answered by Rosie B 2 · 0⤊ 0⤋