September 7, 2006

The WalMartization of America

So with the world becoming flatter ala Magellan & Thomas Freidman, this is leading to increased competition based on easier global access. This increased competition is going to lead to narrower profit margins, which means more sales will be needed to make a profit. This road seems to lead to the inevitable WalMartization of every non-service based commodity product in the world. Am I correct?