Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Let's consider the issue of promoting competition---sounds like a core US value. Competition is good for the consumer and good for business, but is it really? Wal-Mart has done wonders in providing low cost goods to help consumers manage tight budgets but is the mega-retailer really good for the economy? Some would argue that when Wal-Mart comes into a small town, locally owned businesses dry up and are forced to close and that most of the money spent by consumers at Wal-Mart does not stay in the local community. Maybe Wal-Mart has gotten too big for government (federal or local) to control. The same could be said about the oil and gasoline industry---prices seem to fluctuate without any relationship to the needs of the consumers, who many times do not have an alternative. My question is this, where should the line be drawn between promoting competition and regulation of business? Should the federal government be more active in the regulation of such giants as Wal-Mart or the oil and gas industry or will open competition prove to be in the best interests of the consumer?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M91227375

Have any Question?


Related Questions in Business Management

How is the study of how firms decisions about prices and

How is the study of how firms' decisions about prices and quantities depend on the market conditions they face,the field of industrial organization, and the cost of production.

I need assistance withnbspan analysis of the relationship

I need assistance with an analysis of the relationship between global entrepreneurship and innovation within organizations. It should include the following: The implications of this relationship for individuals and globa ...

What is sustainability is there a relationship or link to

What is 'sustainability'? Is there a relationship or link to stakeholder theory and social responsibility?

What are costcos key success factors ksfs which of the 11

What are Costco's key success factors (KSFs) ? Which of the 11 sociotechnical principles can be seen in Costco?

What are the pros and cons of narrow span in

What are the pros and cons of narrow span in management?

Discuss the concept of logistics social responsibility what

Discuss the concept of logistics social responsibility. What is the triple bottom line of sustainability and discuss how the logistics function can contribute to the improvement of the various aspects of the triple botto ...

Discuss three ranges of the aggregate supply curve explain

Discuss three ranges of the aggregate supply curve. Explain changes in the AD-AS macroeconomic equilibrium due to the aggregate demand shifts and due to aggregate supply shifts. Apply the AD-AS model to the two types of ...

List an organization that you believe has recently

List an organization that you believe has recently undertaken a proactive change. List an organization that you believe has recently undertaken a reactive change. For these questions below, consider a past or current wor ...

What are the benefits for organizations considering

What are the benefits for organizations considering integrating positive social change into their business strategy? What are the potential risks for organizations considering integrating business strategies with an emph ...

How is vision used to confront resistance to change and

How is vision used to confront resistance to change, and move through it? How can a shared vision possibly facilitate collaboration or ultimately the successful implementation of a change initiative?

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As