I’m trying to study for my Business course and I need some help to understand this question.
Watch “Muscling Manufacturers,” a clip from Is Wal-Mart Good for America? to see how unequal bargaining power can affect the least powerful party in a negotiation.
Do you believe Walmart was correct in not changing their position to help Rubbermaid when they had to increase the price of their products due to the increased costs of raw materials? As Rubbermaid’s representative, what strategies may you have given to the business owners regarding the business’ current situation?
