Thursday, March 02, 2006

Walmart 101

A posting on Tomorrow's Professors Blog describes a new curriculum centered around Walmart.

The full curriculum is available online.

Here is an excerpt from the section of the curriculum titled "Why Study Walmart":
What both admirers and critics of Wal-Mart agree on is that Wal-Mart - by virtue of its size, scale, and talent for innovation - is changing the world, or at least accelerating changes underway as a result of globalization. As the largest private employer in the United States, Wal-Mart sets the standard for wages and working conditions in retail, with ripple effects in other sectors. As the nation's largest grocery store, toy store, jewelry store, and third largest pharmacy, it affects rival businesses, large and small. And in its quest for "Always Low Prices," Wal-Mart has helped push manufacturing overseas and revolutionized the global supply chain in the process.

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