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Business > International Business & Trade How Wal-Mart really works

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Wal-Mart; Savings at a Cost

Since it was founded by Sam Walton in 1962, Wal-Mart has pushed the edge of low pricing and cost cutting by taking advantage of American free market capitalism to provide consumers with the lowest prices possible. Wal-Mart has been able to sell products to the eager consumer-American while keeping production costs low by moving the production of supplies to Asia, keeping their promise of everyday low prices. Because of its cutting edge business tactics, Wal-Mart has had a profound impact on the world economy as a whole, changing how goods are produced i...

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