Unit 100 The Wal-Mart You Don't Know Wal-Mart is not just the world's largest retailer. It's world's largest company -- bigger than ExxonMobil, General Motors, and General Electric. The scale is hard to absorb. Wal-Mart sells in three months what number-two retailer Home Depot sells in a year. Wal-Mart wields its power for just one purpose: to bring the lowest possible prices to its customers. At Wal-Mart, that goal is never reached. The retailer has a clear policy for suppliers: On basic products that don't change, the price Wal-Mart will pay, and will charge shoppers, must drop year after year. But what almost no one outside the world of Wal-Mart and none of its 21,000 suppliers know is the high cost of those low prices. Wal-Mart has the power to squeeze profit-killing concessions from vendors. To survive in the face of its pricing demands, makers of everything from bras to bicycles to blue jeans have had to lay off employees and close US plants in favor of outsourcing products from overseas. Indeed, the real story of Wal-Mart, the story that never gets told, is the story of the pressure the biggest retailer relentlessly applies to its suppliers in the name of bringing us "every day low prices". It's the story of what that pressure does to the companies Wal-Mart does business with, to US manufacturing, and to the economy as a whole. The giant retailer's low prices often come with a high cost. Wal-Mart's relentless pressure can crush the companies it does business with and force them to send jobs overseas. Are we shopping our way straight to the unemployment line? Of course, US companies have been moving jobs offshore for decades, long before Wal-Mart was a retailing power. But there is no question that the chain is helping accelerate the loss of American jobs to low-wage countries such as China. One way to think of Wal-Mart is as a vast pipeline that gives non-US companies direct access to the American market. People ask, "How can it be bad for things to come into the US cheaply? How can it be bad to have a bargain at Wal-Mart?" Sure, it's held inflation down, and it's great to have bargains. But you can't buy anything if you're not employed. We are shopping ourselves out of jobs. There is no question that Wal-Mart's relentless drive to squeeze out costs has benefited consumers. The giant retailer is at least partly responsible for the low rate of US inflation, and a study concluded that about 12% of the economy's productivity gains in the second half of the 1990s could be traced to Wal-Mart alone. By now, it is accepted wisdom that Wal-Mart makes the companies it does business with more efficient and focused, leaner and faster. Wal-Mart itself is known for continuous improvement in its ability to handle, move, and track merchandise. It expects the same of its suppliers. But the ability to operate at peak efficiency only gets you in the door at Wal-Mart. Then the real demands start. Wal-Mart is legendary for forcing its suppliers to redesign everything from their packaging to their computer systems. It is also legendary for quite straightforwardly telling them what it will pay for their goods.
2017届高三英语一轮复习课时作业12:Unit 2《Healthy eating》(新人教版必修3)
2017届高三英语一轮复习课时作业5:Unit5 《Nelson Mandela—a modern hero》(新人教版必修1)
2017届高三英语一轮复习课时作业44:语法专练四之形容词与副词
2017届高三英语一轮复习课时作业43:语法专练三之代词
2017届高三英语一轮复习课时作业18:Unit 3《A taste of English humour》(新人教版必修4)
2017届高考英语一轮复习课时作业27:Unit 2《Poems》(人教版选修6湖北专用)
2017届高三英语一轮复习课时作业46:语法专练六之动词及动词短语
2017届高三英语一轮复习课时作业6:Unit 1《Cultural relics》(新人教版必修2)
2017届高三英语一轮复习课时作业19:Unit 4《Body language》(新人教版必修4)
2017届高三英语一轮复习课时作业47:语法专练七之动词的时态和语态
2017届高三英语一轮复习课时作业55:语法专练十五之交际用语
2017届高三英语人教版综合能力测试六
2017届高三英语人教版综合能力测试七
2017届高三英语一轮复习课时作业54:语法专练十四之主谓一致
2017届高三英语人教版综合能力测试三
2017届高三英语一轮复习课时作业23:Unit 3《Life in the future》(新人教版必修5)
2017届高三英语一轮复习课时作业24:Unit 4《Making the news》(新人教版必修5)
2017届高三英语一轮复习课时作业8:Unit 3《Computers》(新人教版必修2)
2017届高三英语一轮复习课时作业21:Unit 1《Great scientists》(新人教版必修5)
2017届高三英语一轮复习课时作业52:语法专练十二之连词和状语从句
2017届高三英语一轮复习课时作业10:Unit 4《Wildlife protection》(新人教版必修2)
2017届高三英语一轮复习课时作业51:语法专练十一之名词性从句
2017届高三英语一轮复习课时作业45:语法专练五之介词及介词短语
2017届高三英语一轮复习课时作业2:Unit2《English around the world》(新人教版必修1)
2017届高三英语一轮复习课时作业7:Unit 2《The Olympic Games》(新人教版必修2)
2017届高考英语一轮复习课时作业26:Unit 1《Art》(人教版选修6湖北专用)
2017届高三英语人教版综合能力测试一
2017届高三英语一轮复习课时作业1:Unit 1《Friendship》(新人教版必修1)
2017届高三英语人教版综合能力测试二
2017届高三英语一轮复习课时作业4:Unit 4《Earthquakes》(新人教版必修1)
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