RSM100Y1 Lecture 7: April.1st.2013 Wal-Mart video discussion, course wrap up
Document Summary
What"s new in the world of business: dell wants to buy back , google didn"t recognize the april fool"s day with a specific design. Convenient shopping experience (cid:523)one can buy everything in wal-mart(cid:524) )f wal-mart buys supply from small supplier, they are going to buy big amount, which is helping the small suppliers. Wal-mart helps the small suppliers to build brand awareness. Pushes the smaller suppliers to keep their efficiency. After wal-mart buys the goods, other companies are likely to buy it too, like target. The fact that wal-mart offers the selling of the good makes it easier for debt financing. The purchase patterns of wal-mart are relatively straight-forward, so you know how much inventory to have: (arms. Wal-mart might be setting a standard that is too hard for other businesses to come into the market to compete. Might be difficult for the smaller companies to produce high quality products or innovative products.
