Wal-Mart Pricing Interview
Wal-Mart Pricing Interview

Management academics can
and should contribute to public policy discussions for the sake of
maximizing the collective good of society. I will update this page in
the future with material related to that responsibility. In the
meantime, I leave you with this:
Consumption is the sole end
and purpose of all production; and the interest of the producer ought
to be attended to, only so far as it may be necessary for promoting
that of the consumer. The maxim is so perfectly self-evident, that it
would be absurd to attempt to prove it. But in the mercantile system,
the interest of the consumer is almost constantly sacrificed to that of
the producer; and it seems to consider production, and not consumption,
as the ultimate end and object of all industry and commerce.
The Wealth of Nations, Adam Smith (1776)


Public
Policy