WAL-SMART
William H. Marquard
Tata McGraw-Hill
Pp: 272
Price: Rs 450
In the history of American business, there have been corporationsfar more powerful than Wal-Mart--for instance, Standard Oil and usSteel--but none of them was as feared or reviled as Wal-Mart istoday. True, this is a different day and age, but the universal awethat this hyphenated "beast from Bentonville" evokes is a left-handed compliment to its growing sphere of influence. It is not justsuppliers, competitors, state administrations, and technologyinnovators, but also employers who need to keep an eye on Wal-Mart.Consider this: Wal-Mart spends $240 billion every year on …

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