Question: Based on Store Wars, the logical conclusion is that barring Wal-Mart from moving into Ashland will not save the uncompetitive, small local stores because the

Based on "Store Wars", the logical conclusion is
Based on "Store Wars", the logical conclusion is that barring Wal-Mart from moving into Ashland will not save the uncompetitive, small local stores because the uncompetitive local stores will voluntarily improve their efficiency even if there is no competitive pressure. global competition will still impact the local economy as long as the local economy is open to outside investment and products. the uncompetitive local store owners will spend all their resources lobbing the government for protection the owners of the uncompetitive local stores will all retire soon QUESTION 7 While using private relations to circumvent public rules is illegal, the relation-based way can be used legitimately to enhance business operations. The following are what we can learn from the relation-based way, except for one. Which one? Using the relation-based way to create a family feeling in a nonfamily business Using the relation-based way to enhance mutual trust and cooperation among the members of a company Using private relations to obtain public goods that one cannot get legitimately Using the relation-based way to enhance interfirm collaborations

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