Thursday, September 17, 2009
Save Money. Live Better.
Walmart, a company name many of us are familiar with. Walmart offers anything from school supplies, house hold cleaning products, to even jewelry. Walmart is there when many middle class families turn to for great products, at low prices. But is it really helping? For years there have been debates that large company such as Walmart, destroy small business due to there unbeatable low prices.
"Walmart loves to shock and awe. City-sized stores, absurdly low prices ($8 jeans) ad everything from milk to match box toys on its shelves" - USN News
Is this fair? Well, many argue that Walmart is too cheap for other smaller local markets to compete. Walmart, however does donate a fair share towards philanthropy. I guess that makes up for it...
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Okay, but what does this have to do with the digital revolution? Why is Wal-Mart interesting as a case study of a corporation that became very profitable because of the way it managed information?
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