Price and Rubbermaid

Abdul Javeed Sociology 300 February 14, 2010 Wal-Mart analysis Wal-Mart can be analyzed victimization both structural Function and Social contrast theory. Structural component part theory believes that society is a complex system of interconnected and be social structures each having a function and working together to bring forward social stability. There is an inherent tendency to balance and equilibrium. The following triple points define why Wal-Mart can be analyzed using Structural function theory They keep their tolls low but make earnings on high volume and fast turnover.Wal-Mart is most admired for its character in speak to cutting and low prices. Wal-Mart is known to have real low and cheap prices for their products. It stops the need to go look for a bargain at other stores because we know that we wont breakthrough a better deal elsewhere. This way we not only give birth money but time and gas too. Driving around to disparate stores to buy all the products is t ime and gas consuming. Low cost imports from Asia were springy components for Wal-Marts low opening price point strategy.Social involvement theory believes that society is not integrated but actually full(a) of unequal divisions. It has scarce and limited social resources PWP. It is in constant contestation for them and conflict Is the result. Thus the emerging social structures benefit some in obtaining or retaining PWP at the expense of others. The following three points define why Wal-Mart can also be analyzed using Social Conflict theory Americas best known brand Rubbermaid, producer of plastic containers, garbage bins was virtually in every home in one way or another. Rubbermaid supplied to big chains like Wal-Mart.Rubbermaid was assay to maintain its ambitious growth targets. Then suddenly the material cost for Rubbermaid increased and hence they had to increase the price of their products. Some retailers agreed with the price increase but Wal-Mart did not. So it was the first signs of declines for Rubbermaid. Wal-Mart pullback was a lash to Rubbermaid and later its plant closed. Close to 1000 jobs were lost at Rubbermaid. Rubbermaid with its theme of quality was most admired. Wal-Mart with its reputation for cost cutting was most admired. therefrom Wal-Mart used its PWP to control Rubbermaid and indirectly let it stoppage. It had power over Rubbermaid and hale it to lower its costs. Rubbermaid couldnt do it and so Wal-Mart stopped doing business with them, and so Rubbermaid shutdown. Wal-Mart used its PWP and by this a proud American Company was shutdown and many lost jobs. Impact of Chinese export boom has been matte all over USA. Wal-Mart used it PWP to indirectly shutdown a fellowship called Thomson Consumer Electronics which was an American Television Manufacturer.Thomson stated to see a sharp contrasted competition they saw Chinese products being sold at a price that most American manufacturers couldnt manufacture at. Five electronics sued the Chinese TV manufacturer but was stunned to see that Wal-Marttook the side of Chinese manufacturer. But Thomson plant shutdown and lot of people lost their jobs due to Chinese competition. Wal-Mart used its PWP and was bringing in cheap Chinese imports and so caused American manufacturer hard to keep in competition.