Martha

martha kostarin simbolon. i am a student from university of indonesia in my 6th term of accounting subject. i'd like to find out all the things about business, accounting and economy matters. this is why i am interested to join in this blog. if you could show me about many cases, actually this is very important for my audit task, about phar mor or pardoa company inc, i'll be glad to see that.

Phar-Mor used many of the techniques established by deep discounters, and additionally adopted a strategy that had helped make Wal-Mart a national phenomenon: "power buying," or placing the largest possible orders for merchandise in order to secure the best possible terms. Phar-Mor earned a reputation for hiring shrewd purchasing agents who were proficient at negotiating the best wholesale deals from vendors. Their high-pressure tactics sometimes strained supplier relations as well.

Competition intensified dramatically during the mid-1980s, as many mass marketers and independent entrepreneurs joined the