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Selling price and Rubbermaid

Abdul Javeed

Sociology three hundred

March 14, 2010

Wal-Mart analysis

Wal-Mart can be assessed using the two Structural Function and Cultural Conflict theory. Structural function theory feels that world is a complicated system of interconnected and related social constructions each using a function and working together to promote social steadiness. There is an inherent tendency to balance and equilibrium. This three points define for what reason Wal-Mart could be analyzed applying Structural function theory: They help keep their prices low yet make revenue on large volume and fast yield. Wal-Mart is most admired for its reputation in cost reducing and affordable prices. Wal-Mart may have really low and low-cost prices for their products. It stops the necessity to go choose a bargain by other shops because we know that we will not find a better deal elsewhere. This way we all not only save money but as well as gas also. Driving around in order to stores to acquire all the products can be time and gas consuming. Low priced imports from Asia had been vital components for Wal-Mart's low beginning price point approach. Social Discord theory feels that world is not really integrated yet actually packed with unequal categories. It has hard to find and limited social assets PWP. It is in frequent competition for these people and turmoil Is the effect. Thus the emerging sociable structures gain some in obtaining or perhaps retaining PWP at the price of others. The next three points define how come Wal-Mart can even be analyzed employing Social Issue theory: America's best known brand Rubbermaid, maker of plastic material containers, trash bins was virtually in each and every home in one way yet another. Rubbermaid delivered to big chains like Wal-Mart. Rubbermaid was attempting to maintain the ambitious development targets. In that case suddenly the material cost pertaining to Rubbermaid improved and hence they had to increase the price of their products. Several retailers decided with the selling price increase...

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