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Essay

Wal-Mart Good or Bad?

Essay specific features

 

Issue:

Business

 

Written by:

Mario W

 

Date added:

April 24, 2014

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1370

 

Was viewed:

10076 times

 

Rating of current essay:

 
Essay content:

However, one item most critics fail to mention is that Wal-Mart creates consumer welfare. Throughout this paper, I will analyze each criticism of Wal-Mart and sufficiently cite evidence proving the greater good that is realized with the existence of Wal-Marts worldwide. Wal-Mart Costs Jobs Critics of Wal-Mart and other big-box discount stores argue that jobs are lost due to two reasons: First, local retailers and other local businesses are forced to close as a result of the inability to compete with the lower prices...
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Second, the selling of foreign goods by Wal-Mart cuts revenues for domestic nonretail industries which in turn causes layoffs. Contradicting evidence, however, shows that “employment rose nearly 3 percent in the general merchandise store category” during the 2000 to 2004 time period; a period in which national employment was slowing declining (Vedder)...
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