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Walmart (TNC Case Study) Questions and Answers 100% Solved
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Walmart (TNC Case Study)
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Walmart (TNC Case Study)What is Walmart? - answer A chain of discount department stores
What is Walmart? - answer One of the largest TNCs in the world & the largest retail
TNC
When did Walmart begin? - answer1962 when Sam Walton opened the first store in
Arkansas, USA
Where did most stores open? - answer Across Arkansas, USA and more recently on a
global scale as it's Asda in UK & Seiyu in Japan
Where does Walmart divide it's labor? - answer Across different countries
Head quarters is in Arkansas but most manufacturing takes place in LEDCs
Where is Walmart starting to expand? - answer Emerging Economies such as India
Impacts for the USA - answer
Economic - answerEmployment - each new store creates jobs
An expanded store in California created 80 jobs
Low prices- Walmart is one of the cheapest supermarkets in the USA
Decline in Manufacturing Industry- Walmart buys products cheaply from suppliers
outside the USA
This decreased manufacturing jobs in USA
Loss of Local Business- Can cause smaller shops to shut down in surrounding area as
they can't match the lower prices
Environmental Impacts - answerWalmart produces large quantities of polluting gases
but has opened up 'green stores' that run on renewable energy sources
Stores are often large, which takes up agricultural land increasing pollution
Social Impacts - answerWalmart provides a wide range of goods
'supercenter' stores sell items like garden furniture, food and clothing
Often open 24hrs so consumers can shop whenever they like
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