Wal-Mart Flashcards
What is Walmart?
Largest retail TNC in the world (inc. ASDA)
Distribution of TNC
Started in Arkansas USA.
Now found across the America
South Africa and south Asia
Via acquisitions of other retailers
How does Walmart divide its labour?
Headquarters - Arkansas
Manufacturing - lower costs - china (electronics) and India ( clothing)
How many stored are there worldwide?
11,000
6,000 in 26 countries outside of the USA
What Indian company is opening an new retail outlet with Walmart?
Bharti enterprises
Impact on USA
Economic
80 new jobs in new store in Milpitas CA
Loss of manufacturing jobs
Local businesses cant compete with low prices.
Impact on USA
SOCIAL
Wide choice of goods
24 hour service
Jobs often poorly paid w few benefits
Poor working conditions
Impact on USA
ENVIRONMENTAL
Produces Polluting gasses
Green stores - run on renewable energy
Large stores out of town - space and polluting to get to them.
Impact on Host countries
SOCIAL
Offer skilled jobs in LEDCs
Walmart can offer more reliable wages
Donated +$2million to west Africa (impacted my natural disaster.
Impact on Host countries
ECONOMIC
Creates jobs in construction manufacturing and retail
What percentage of the world could recognise the coca cola brand? Cc
94%
How much money does it generate per yr? Cc
$45 billion in nearly 200 countries
How many products are consumed daily? Cc
1.9 billion
Positive social impact of coca cola
5by20 programme (5mil female entrepreneurs by 2020)
and employment = multiplier effect
Positive economical impacts of cc
Multiplier effects in developing countries
