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Chapter 4.  How much did a one gallon jar of Vlasic pickles cost at Wal-Mart at its lowest price?

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Presentation on theme: "Chapter 4.  How much did a one gallon jar of Vlasic pickles cost at Wal-Mart at its lowest price?"— Presentation transcript:

1 Chapter 4

2  How much did a one gallon jar of Vlasic pickles cost at Wal-Mart at its lowest price?

3  $2.97 per gallon

4  What was Vlasic eventually forced to do after his gallons of pickles were pulled from Wal- Mart’s shelves in January 2001?

5  File for bankruptcy

6  Why was FedEx unable to do any interviews about the “carrier of the year” title they had won?

7  Wal-Mart ordered them to remain silent on the topic, and they had little choice but to obey.

8  What remarkable action did John Mariotti make as president of Huffy bicycles to help keep pace with Wal-Mart’s demands?

9  He gave some of his bicycle designs to his competitors for free.

10  What happened when Wal-Mart decreased the amount of shelf space for DMC embroidery threads?

11  DMC’s sales dropped 30%.

12  What reason, apart from basic frugality, makes Wal-Mart able to keep its own costs down?

13  Strategic cost shifting to suppliers

14  In order to continue minimizing costs, what is any company eventually forced to do?

15  Manufacture products overseas, where there are lower labor costs and less regulations.

16  Wal-Mart benefits from the impression that _________ is some kind of unmanageable economic weather system out of the control of everyone, affecting all players with indifference.

17  Globalization


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