Supply and Demand

Essay specific features

 

Issue:

Business

 

Written by:

Stephanie J

 

Date added:

August 10, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 615

 

Was viewed:

2327 times

 

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Essay content:

According to the article by the associated press, "Wal-Mart Organics could shake up retail," Alice Peterson, president of the Chicago-based consultancy Syrus Global says, "Organic products are one lure for the more affluent shoppers Wal-Mart is trying to woo away from rivals like Target Corp." Customers who want to eat organic foods but simply did not have the means Wal-Mart could make a real difference if the retailer brings a critical mass of organic products to market and pushes enough suppliers to adopt green practices...
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And because Wal-mart has such close knit ties with their suppliers, they are able to supply these types of items at a low price to grab customers. For example, because the demand has been recognizably high, Wal-mart plans to double its organic grocery offerings in the next month and continue looking for more products to offer in such areas such as grocery, apparel, paper and electronics...
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