Public corporation Essay Example

s are considered insignificant compared to Wal-mart's many benefits that help both countries and people alike; China is among those who significantly benefit from doing business with them (Biesada F4).

Wal-Mart has become a global giant by utilizing information technology and the resources of the global economy. This has resulted in a shift in power dynamics between retailers, like Wal-Mart, and manufacturers, with retailers gaining more influence and manufacturers experiencing reduced power. In order to provide cheaper products to American consumers, Wal-Mart buys goods at lower prices, often from China. However, this strategy may have negative consequences by contributing to decreased job stability and wages for American workers. Economist Larry Mishel emphasizes that low prices are only beneficial if they allow both consumers and workers to maintain decent living standards. While some argue that producin