Question

Some have questioned whether Walmart's claims with regards to environmental responsibility are justified; pointing to the fact that Walmart's demand for lower prices from its suppliers has driven down the quality and durability of consumer goods. This has the effect of:

a) Increasing product quality
b) Improving consumer satisfaction
c) Lowering prices for consumers
d) Enhancing environmental responsibility

Answer 1

Walmart's demand for lower prices from its suppliers has the effect of lowering prices for consumers, benefiting them by making products more affordable.

Step-by-step explanation:

The fact that Walmart's demand for lower prices from its suppliers has driven down the quality and durability of consumer goods has the effect of: lowering prices for consumers. Although some may question Walmart's claims regarding environmental responsibility, the impact of their demand for lower prices is primarily focused on lowering prices for consumers. While this may result in diminished quality and durability, it ultimately benefits consumers by making products more affordable.

Environmental regulations, consumer pressure, and initiatives from organizations like the United Nations and the WTO are essential in promoting sustainability. Walmart has made commitments towards sustainability and reducing emissions, although the full impact of their supply chain requires careful assessment. Consumers are increasingly demanding accountability and transparency from companies in their environmental practices, which could lead to improvements over time