The "Wal-Mart effect" pushes manufacturers to sell products at ever-lower prices,often obtained by manufacturing abroad.

Name: The "Wal-Mart effect" pushes manufacturers to sell products at ever-lower prices,often obtained by manufacturing abroad.
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Question

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The "Wal-Mart effect" is a well-known phenomenon where the retail giant's purchasing power and demand for low prices puts pressure on manufacturers to lower their prices, often resulting in outsourcing and manufacturing abroad to cut costs.

The "Wal-Mart Effect" Pushes Manufacturers to Sell Products at Ever-Lower