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Ethical Issues Of Wal-Mart
Walmart
1–Introduction:
Wal–Mart Stores Inc. is the largest retail company in the United States. It was founded in 1962, with
the opening of the first Wal–Mart discount store in Rogers, Ark. The company incorporated as Wal–
Mart Stores, Inc., on Oct. 31, 1969. The company's shares began trading on OTC markets in 1970
and were listed on the New York Stock Exchange two years later. The company grew to 276 stores
in 11 states by the end of the decade. In 1983, the company opened its first Sam's Club membership
warehouse and in 1988 opened the first supercenter –– now the company's dominant format ––
featuring a complete grocery in addition to general merchandise. Wal–Mart became an international
company in 1991 when it opened its first Sam's Club near Mexico City.1 In 2008 Wal–Mart has
3000 Stores around the world.
2– Background, Ethical issue involves:
1. Employee benefit:
Wal–Mart is the largest retail ... Show more content on Helpwriting.net ...
putting smaller, local businesses out of commission. Other ethical issues include employee treatment
such as healthcare and cutting work hours, leadership issues including embezzlement and bribery in
different countries to secure contracts. all these factor affects Wal–Mart business because in my
opinion, Wal–Mart has a full comprehension of their current situation. But, I don't think they're is
trying to fix their ethical problems . Regardless of all the issues that were mentioned before Wal–
Mart has been criticized for incorrect disposal of waste and urban stretch, and that would affects the
company sustainability in future. i believe Wal–Mart must consider replacing people in positions of
leadership that can influence other managers and bringing in a third party auditors to increase the
accuracy. And also begin acknowledging and rewarding employees that have demonstrated
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Walmart Philosophy Or Inhumane
1. What is the turnover percentage for Wal–Mart workers?
The turnover percentage for Wal–Mart workers in 2016 is approximately 50% and approximately
70% of employees leave within the first year.
2. How does the trend of so many people applying to work for Wal–Mart relate to the content you
learned in this activity?
Wal–Mart employees much like labour workers are dispensable, if one feels mistreated or underpaid
he has the option to quit or find another job. The reason why so many people apply at Wal–Mart is
that it is better than other alternatives like fast–foods and construction work. It can be compared to a
business' goods, if the demand is high the prices can increase until sales start falling. The solution
for this in my opinion is ... Show more content on Helpwriting.net ...
Wal–Mart shares the responsibility with its suppliers, to ensure that its workers health and life are
not jeopardized by producing its goods with sweatshops or prison labours. The loopholes that
businesses including Wal–Mart can abuse is the trade policies established with those countries.
Policies that are necessary in order to maintain healthy foreign relations. make them less inclined to
but the cost being extremely low and the manufacturing business (especially in China) is
competitive enough to adapt to those variables making it almost useless.
11.After reading all of this information, in your opinion what is the biggest concern with Wal–Mart
and its practises?
In my opinion, the biggest concern with Wal–Mart and its practises is the way they treat employees
locally and overseas. It denies responsibility for the deaths of thousands of overseas labour workers
by doing business with contractors and silences its local employees through aggressive strategies
making it challenging for its employees to be compensated and treated properly. Wal–Mart has
successfully setup a brilliantly evil structure to maximize its profits at all costs and an aggressive
business plan to remain at the top of the retail
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Walmart Management and Leadership Analysis Essay
Wal–Mart Management and Leadership Analysis
XXXXXXXXXXX
Organizational Behavior and Group Dynamics/Mgt 330
November 11, 2009
Ronald Sprague
Wal–Mart Management and Leadership Analysis
Wal–Mart is arguably the most dynamic corporation in the last 50 years in the United States, if not
the world. Arising from its beginnings in Bentonville, Arkansas, it has grown to over 4,400 discount
stores, super centers and corner markets worldwide. Wal–Mart continues to expand despite public
criticism of its labor practices as well as complaints about their treatment of competitors. The many
strengths of Wal–Mart, like their low cost production and marketing practices, will aid Wal–Mart as
it continues to grow in the retail ... Show more content on Helpwriting.net ...
Wages and benefits are not the only complaints Wal–Mart is now facing. Recently, Wal–mart was
accused of denying women equal pay and opportunities for promotion (Bianco, 2003). Wal–Mart
attempts to distract from their past and present diversity issues by devoting an entire section of their
webpage to this subject but until Wal–Mart can show statistical proof reflecting their claims of fair
wages, good benefits, and equal treatment, the complaints by the unions and consumers will
continue. These upper level management decisions are having a negative impact on the company
and providing an unhealthy organizational culture for the organization.
Healthy Organizational Culture A healthy culture is crucial to the success of any organization.
Creating a healthy organizational environment is the responsibility of the organizational managers
and leaders in collaboration with their employees. One strategy that an organizational manager can
employ in order to create a healthy culture is to provide an atmosphere of personal responsibility
and accountability. By creating an environment where teams can hold each other accountable while
celebrating successes as a team intensify loyalty, commitment and dedication to the organization. In
addition, an honest and accepting atmosphere increases productivity and inspires creativity,
maximizing the organization's
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Marketing : Marketing And Marketing Strategies Essay
Submitted by Amrinder Singh ND15207 7455
Task 1
Marketing
Marketing is the process in which goods and services moves from concept to customer and in which
wants changes into needs. Lots of people thinks marketing is just about advertise and sales but
marketing are something that connects with customer and maintain a good relationship.
Four Piece of Marketing
Product = A product is something that satisfy a customer demand. When developing a product we
need to consider quality, design, feature, packaging, customer services and after sales services.
Price = Price is something that matters to both company customers. It also has great impact on sales
and marketing strategies.
Place = Place play an important role in the company as location matters most. If the location is near
the city, town, etc then there is more sales and it matter more for customers.
Promotion = Promotion refers to communicating the benefit and value of product to customers. It is
the positive status for the company as the sales depend on how good is the promotion.
Holistic Marketing
(Holistic marketing, 2015)
Marketing Research
Marketing research is something like talking and listening with people, doing survey, meetings and
making good decision and reduces the risk of business failure. Each and every company needs to
have marketing research to see where the company
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Walmart Business Analysis Essay
For the final group project we chose to complete a management analysis on Wal–Mart. Covered in
this paper are the issues of productivity, hiring practices, corporate social responsibility and culture,
diversity and affirmative action, the use of information technology, leadership, teamwork, and
managing ethics. Productivity is very important to any successful business. Wal–Mart has increased
its productivity through many different advances. Business analysts have long admired Wal–Mart's
logistics management, even though the public recognizes them for their low discounted prices. Wal–
Mart has always been resourceful at moving and stocking goods, building its stores as branches
around distribution center hubs. But, instead of simply ... Show more content on Helpwriting.net ...
"The message is that the data that RFID collects can allow for process improvements." (DC
Velocity, 2006) The next area analyzed was the hiring practices of the corporation. Wal–Mart
employs 1.6 million Associates in the United States alone and the majority of store associates work
full–time, which is well above 20 to 40 percent found in the retail industry today (Wal–Mart Facts,
2006). Wal–Mart promotes from within the store and over seventy–six percent of the store
management started in hourly positions (Wal–Mart Facts, 2006). According to Business Week, 2003,
a sales associate earned an average of $8.23 an hour for annual wage of $13,861.00. In 2003 the
poverty line for a family of three was $15,260.00 (wakeup, 2006). It seems that Wal–Mart has to
promote within to keep the moral up. If the promotion is not there, employees will only stay for the
so–called benefits or until another "job" comes their way. In the areas of corporate responsibility and
culture, the results of the analysis were bittersweet. Wal–Mart violated the Clean Water Act in 9
states in October 2004 they were sued for $3 million to make changes to their building codes (The
real, 2005).
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What Was The Impact Of Walmart
Frederick W. Taylor was ahead of his time for his concept of Scientific management. It was a
revolutionary way of running a business, that swept all over the globe, and his ideas were applicable
to many different industries. Substituting disorder and conflict for a new untested method of control,
cooperation, and science. Taylor understood there were no incentives for working harder. Knowing
this, he payed workers based on output, allowing workers to make more money on any given day. It
seemed like everyone would enjoy and prosper under this system, but that was not the case. Workers
liked the opportunity to make more money in this system but many of them resisted this new idea.
Being under constant supervision made work much harder for them. ... Show more content on
Helpwriting.net ...
The problem was everyone who qualified for a mortgage already had one. Lenders knew if they sold
a mortgage to a person that defaults the lender gets the house, and houses were always increasing in
value in that market, that would be a valuable asset to sell. To keep up with the demand from
investors, lenders started selling mortgages to borrowers who wouldn't have qualified before
because of the risk for default. These mortgages are called sub–prime mortgages and lenders started
creating tons of them. In the unregulated market, lenders employed predatory tactics to get more
borrowers with attractive offers such as no money down, no credit history required, even no proof of
income. People never would have qualified before were now buying large houses, and the lenders
sold their mortgages to Investment bankers. The investors packed subprime mortgages in with prime
mortgages so credit agencies would still give a AAA rating. The rating Agencies who had a conflict
of interest by receiving payments from the investment banks, had no liability if their credit ratings
were correct or not. They turned a blind eye to the risky CDOs and kept giving AAA ratings. This
worked for a while and everyone was happy including the new homeowners. The housing market
became hyper inflated with more homeowners than ever. Wall Street continued to sell their CDO's
which were ticking time bombs. The subprime mortgages began
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Walmart Waltz Literary Devices
Both The Wal–Mart Round and The Wal–Mart Waltz, written by Mimi Yahn, reflect the criticism of
Wal Mart and its company policies and business practices. Not only does the songs highlight the
danger of predatory pricing, it also shows how Wal Mart's lower prices hurt small business and local
communities. With its simple tone, the song is written to be memorable and appeal to many people
who might not be familiar with the many criticism surrounding Wal Mart. As Wal Mart began to
rapidly expand in the late twentieth and early twentieth–first century, Yahn's song expose the cruel
reality of new Wal Mart stores that hurt local communities and small businesses while highlighting
the anti–union and poor hiring practices of the company. Along with
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Walmart Globalization Case Study
CASE ANALYSIS 1. (a) Through the use of relevant examples from the case study, critically
analyse the strategic and environmental reasons as to why Wal–Mart engaged in globalisation
strategies; and any potential risks associated with such moves. Ans:Wal–Mart,Inc runs a chain of
large, discount department stores.it is the world's largest public corporation by revenue. Walmart is
the largest private employer and the largest grocery retailer in the United States. Walmart is one of
the best known industries all over the world. Its concentration of a single business strategy is the
basis of its success over the decades by this strategy without having to rely upon diversification to
sustain its growth and competitive advantage. The leading marketing strategies of Wal–Mart are low
prices, service and smile. However by adapting this strategy, it has risked itself by putting all of a
company's egg in one industry basket. While its global strategy worked elsewhere, the results were
bad in Germany and Korea that Wal–Mart withdrew from those countries. There are many factors ...
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Using appropriate theories critically analyse the role of culture in International Business. Support
your answer by quoting relevant examples from the case study. ANS: Culture can be defined as "the
sum total of the beliefs, rules, techniques, institutions, and artifacts that characterize human
populations" or "the collective programming of the mind. As you can see, definitions of culture vary
according to the focus of interest, the unit of analysis and the disciplinary approach (psychology,
anthropology, sociology, geography etc.) There is a strong consensus, however, that key elements of
culture include language, religion, values, attitudes, customs and norms of a group or society.
Language is perhaps the most important key to understanding culture in general and the specific
values, beliefs, attitudes, and opinions of a particular individual or group. IMPORTANCE OF
CULTURE IN
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Essay on Wal-Mart Good or Bad?
Wal–Mart: Good or Bad? The largest corporation in America with $378,799 million in revenues and
employing 2,055,000 employees, Wal–Mart has become one of the greatest success stories in
American history, but also one of the most controversial stories since Standard Oil (Fortune). But
with all big business comes critics. Today's critics suggest Wal–Mart unfairly uses it power of size,
which is goliath, to exploit employees and impoverish nations, ruin competition, and place undue
pressure on the government. However, one item most critics fail to mention is that Wal–Mart creates
consumer welfare. Throughout this paper, I will analyze each criticism of Wal–Mart and sufficiently
cite evidence proving the greater good that is realized with ... Show more content on Helpwriting.net
...
However, this could not be more wrong. First off, all of the employees in other nations who flock to
Wal–Mart's factories have the choice to do so. Even though the wages paid in third world nations is
inconceivable in United States, those wages will still increase the employee's income, which in turn
increases the employee's standard of living. The increases in standards of living will lead to
economic innovations and increased productivity/efficiency. This process of evolving mirrors that
same steps that the United States went through in its early beginnings as well. Secondly, critics want
Wal–Mart to enforce labor laws in its overseas factories that are consistent with United States.
However, Vedder refutes this demand stating, "We have no more right to expect Wal–Mart to
enforce Chinese labor laws than the Chinese have the right to enforce ours" (Vedder). Clearly, this
criticism is without reason and impossible. In addition, the regulations and laws in third world
countries are not kept up to date as well as in America, not everyone has a birth certificate or
passport proving their age. It is unreasonable to assume that Wal–Mart would be able to verify the
ages of every single employee in Indonesia or China. (Vedder) Wal–Mart is a Burden on
Governments Critics, also, attempt to darken Wal–Mart's public image by stating that they do not
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Wal-Mart’s Response to Hurricane Katrina
Wal–Mart's Response to Hurricane Katrina
So far in the American history, hurricane Katrina remains to be one of the most devastating
hurricanes to have ever been witnessed. Though preparation were already in place to counter its
effects, the storm's impact turned out to be one of the most unprecedented ever seen. This is even
notable from the way government agencies reacted to this disaster. It brought out the inefficiencies
and inadequacies of the emergency units both at the federal and state level. This is because these
governments' response standards to this disaster were far much below the threshold expected.
Government efforts could not match, and hence counter, the impacts of hurricane Katrina. This led
to loss of massive property ... Show more content on Helpwriting.net ...
This is possible because Wal–Mart is expansive and has a global influence. This helps it to have lots
of information concerning anything of importance to them and their clients. Therefore using its
emergency department, Wal–Mart was able to monitor the storm as it approached the shores of the
Gulf coast using their highly computerized meteorological equipment. In addition to the storm
monitoring capabilities, this department is well equipped with emergency response facilities for
normal disasters.
Wal–Mart began response to this hurricane when the meteorological equipment indicated that the
initial signs of a storm were building up to a hurricane. This was when top level management began
having special interest on the findings of the emergency operations centre whereby the then
company's business continuity director shifted his operations to the centre. This was a clear sign of
how well Wal–Mart chain stores were getting prepared for this hurricane.
Wal–Mart CEO, H. Lee Scott, Jr., was in the forefront into getting ready to counter the impact of
Katrina. This is proven by the aspect of him giving direct authority to junior managers to make
sound decisions on the way forward into dealing with the hurricane. This simplified decision
making chain process and thus it saw the response become much quicker. Apart from giving
deciding powers to his juniors, the CEO guided the response process on a daily basis plan. This
accentuated the seriousness on preparation and
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The Wal Mart Essay
Sam Walton is the originator of the Wal–Mart Stores in 1962. It has its central command situated in
Bentonville Arkansas. Wal–Mart Store is an American – universal retail organization, that runs vast
stockroom and departmental stores. It is positioned as the biggest private manager around the world,
having utilized more than two million individuals. It is situated in more than 50 states in America.
The organization 's administrations are offered in around 15 nations around the world. It has around
8500 stores utilizing diverse names as a part of the world. The organization has possessed the
capacity to utilize the four administration capacities to have the capacity to accomplish its
objectives. The organization 's procedure of succeeding is putting forth its client's great
administrations and offering its merchandise at lower costs. Notwithstanding, it has faith in picking
up its benefit by offering its merchandise in expansive volumes. ( Soderquist, D.(2005).
There are distinctive reasons why individuals open up organizations every day. Wal–Mart Stores is
the one of the main retailer around the world. Leadership at Wal–Mart is shown with the way their
leaders keep people focused on the goals and mission of the company and motivating them and
being with them to overcome the obstacles. Members are called associates and leaders are very
active in implementing the organization 's plans. Walton used the charismatic style of leadership
which creates wonderful morale to the
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Wal Mart A Socially Responsible Corporation
Is Wal–Mart a socially responsible corporation? Discuss using Hall's article as your starting point
and the different views of corporate responsibility presented in class. (This essay should argue to a
definitive conclusion).
Is Wal–Mart a socially responsible corporation? This essay will seek to answer that question. Firstly
there will be an overview of what exactly Wal–Mart is, their size and profit. Moving onto what
conditions have lead to this question being posed with insights from various authors such as Nelson
Lichtenstein and the ways in which Wal–Mart have retorted. Two main theories of corporate
responsibility will be put forth; the stockholder or narrow view presented by Friedman and the
stakeholder or wider view ... Show more content on Helpwriting.net ...
It seems that Wal–Mart is an economy of its own with profound implications for its customers,
workers and the communities where it operates. Wal–Mart contributes $US750 million to taxes in
California alone and spends about $US4.2 billion a year nationally on employee benefits.
(en.wikipedia.org/wiki/Wal–Mart)
Nelson Lichtenstein (2005), a strong unionist, believes that the size of Wal–Mart means they cannot
truly stay as a private organisation. By its very existence and competitive success, it rezones cities,
determines the real minimum wage, channels capital throughout the world and conducts a kind of
international diplomacy with a range of nations.
He likens Wal–Mart to General Motors claiming that was the last time a U.S. corporation had such
power, which was 50 years ago. General Motors was the largest and most profitable U.S.
corporation. It was a major player in many areas from aircraft production to household appliances
and the GM Acceptance Corporation was by far the largest retail credit institution in the United
States. Like Wal–Mart today, GM had no competition that could threaten its dominance. GM 's sales
at the time amounted to about 2% of U.S. GDP – which is just about where Wal–Mart stands today.
(Lichtenstein, 2005)
However unlike Wal–Mart, General Motors was proud to provide high wages. It provided wages so
that the employee could be the breadwinner and in doing so pulled the entire
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Competitive Advantage Vs. Competitive Strategy
C. Competitive Advantage Related Theory Competitive strategy is the moves and methods that the
firm has taken and is taking to appeal buyers, improve its market position, and to endure competitive
pressures. The strategy is about what a firm's capability to try to knock off competitors and attain
competitive advantage, which can be offensive or defensive. There are three approaches to
competitive strategy, which are low–cost leadership strategy where struggling to be the overall low–
cost manufacturer in the in industry. Moreover, pursuing to distinguish one's product offering from
competitors (differentiation strategy), and the last one is focus or niche strategy where aiming on
thin portion of the market rather than the whole market (Porter, 1998). There are also some risks for
each strategy. Upholding cost leadership can be risky because of the requirement of frequent capital
investment to sustain cost advantage, then cost surges narrow price differentials and diminish ability
to compete with other's brand royalty. Differentiation strategy has some threats, such as imitation
decreases alleged differentiation, buyers need for differentiation falls. Meanwhile, the risks for focus
or niche strategy are the differences in preferred products or services between the strategic market
and target as a whole narrows, the cost discrepancy between wide ranged competitors and the
focused firms broadens to eradicate the cost advantages of allocating a narrow target or to offset the
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Definition Of Marketing : Marketing Essay
Definition of marketing: Marketing is based on the thinking about the business in terms of the needs
of customers and satisfaction. Marketing is different from selling because Selling concerns itself
with the tricks and techniques of getting people to exchange their cash for your product. It is not
concerned with the values that the exchange is all about. The main purpose of the marketing is to
increase the sales of the products and getting more profit for the company.
4P's of marketing:
Product
Products area unit product and services that your company offers to sell to your audience. Once
developing a product you ought to contemplate the standard, design, features, packaging, client
service and any ulterior after–sales service.
Place
Place is with relation to the distribution, the situation and therefore the ways to induce the
merchandise to the client. This includes the situation of your business, shop front, distributors,
supply and therefore the potential use of the web to sell product on to customers.
Price
Price issues the number of cash customers that has to pay so as to get your product. There area unit
variety of concerns in relevancy value together with value setting, discounting, credit and money
Purchases likewise as credit assortment.
Promotion
Promotion refers to the act of human action the advantages and worth of your product to the patron.
This involves convincing the final client to customers of your business exploitation ways like
advertising,
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Wal-Mart Argumentative Analysis
Even if Wal–Mart is the largest private employer in the United States, several reports indicate that
the major retailer has a regrettable history of fighting against labor rights and union formation.
Making Change at Wal–Mart, the famous campaign inviting the retailer to actively participate in the
restructuration of the economy and the strengthening of working families, has published in its
official web page some facts proving that the successful retailer is failing its social duties. In
accordance with the statistics revealed by the campaign, "Walmart has a long history of denying its
employees the right to organize and right to collectively bargain. The company deploys numerous
anti–union tactics, including requiring workers to attend anti–union ... Show more content on
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Robert B Reich, the former U.S Secretary of Labor and currently professor of Public Policy at the
University of California, wrote an article defending Wal–Mart and presenting some arguments
proving that the success of the large retailer is due to consumers who choose always to shop from
the place offering the cheapest prices. In his article, Reich states, "After all, it's not as if Wal–Mart's
founder, Sam Walton, and his successors created the world's largest retailer by putting a gun to our
heads and forcing us to shop there." By this statement which is completely true and describing the
evidence of consumer freedom, Reich is treating the financial and economic success of Wal–Mart as
a result of consumers' preference, he should analyze the economic factors and causes leading to such
success and find out if their effects are positive or negative. Trying to justify the low prices provided
by Wal–Mart, Reich states, "Products are manufactured in China at a fraction of the cost of making
them here, and American consumers get great deals." In this quote, he destroys by himself his own
theory because the fact of manufacturing products in China is a good thing in the short term because
it saves money for the consumer, but in the long term, it is a destructive action hurting the national
economy by leading to layoffs in the American manufacturing sector. Generally, the economic and
financial success of Wal–Mart should not hide the negative effects of the large retailer policies,
especially its participation in the economic
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Walmart Case Study
Chapter 1& 2 Module 1 Wal–Mart Case Study Shannan Haynes St Gregory's University Give a
short account of the history of the company, and trace the evolution of its strategy. Try to determine
whether the strategies evolution of your company is the product of intended strategies, emergent
strategies, or some combination of the two. The Wal–Mart story began in 1962 when Sam Walton
opened the first discount store in Rogers, AR. In 1970 Wal–Mart experienced significant growth and
made huge advancements In1970 Wal–Mart opened its first distribution center and the Wal–Mart
Home Office in Bentonville, AR. By 1970 Wal–Mart employed 1,500 associates and had 38 stores
with sales of $44.2 million. In 1970 Wal–Mart also ... Show more content on Helpwriting.net ...
(Marketing Teacher , 2000) Wal–Mart still has many opportunities to merge, or form alliances with
other global retailers. Wal–Mart can do more to call attention to its good deeds to help with their
image issues. Wal–Mart can continue to expand its supercenters into large cities. (Avila, 2009) Who
is the CEO of the company? Evaluate the CEO's leadership capabilities. On February 1, 2007, Mike
Duke took over as CEO of Wal–Mart. On June 5, 2009, Mike Duke announced that Wal–Mart was
up 6 percent to $3.35 per share and that 7.3 billion dollars were returned to shareholders. He also
said that sales surpassed 400 billion for the first time. Wal–Mart has strong balance sheets and
access to capital markets. Mike Duke has enhanced training and development of Wal–Mart's global
workforce. He has also reiterated Wal–Mart's commitment to low prices. Based on profits and the
commitments he has outlined, I would say that Mike Duke leadership capabilities as CEO are very
promising. (Walmart, 2009)+ Apply the five forces model to the industry in which your company is
based. What does this model tell you about the nature of competition in the industry? Potential
Competitors: Medium pressure Grocers could potentially enter into the retail side. Entry barriers are
relatively high, as Wal–Mart has an outstanding distribution systems, locations, brand name, and
financial capital to fend off competitors. Wal –mart often has an
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Value Alignment Essay
Value Alignment for Wal–Mart
Fadi Anadri, Betrina Hood, Schercitha Miller, Samantha Redfearn
BUS/475
Bill Crigger
July 21, 2010
Value Alignment for Wal–Mart
An individual's personal values depict what is important in his or her life, and such values often
determine his or her behavior. Furthermore, values are an enlightenment of why people act or react
the way they do, based on their personal beliefs. The combined values of an individual and
organization must be compatible to produce a successful relationship and work in harmony. Wal–
Mart's values have been in place for 40 years. The company holds dear to three golden values,
which are: 1) showing respect to all individuals, 2) providing exquisite service to ... Show more
content on Helpwriting.net ...
Microsoft helped Fadi discover the importance and effectiveness of other stated values, such as
openness, constructive self–criticism, and continual self–improvement. Microsoft shows the
importance of these beliefs through an existing culture of empowerment, and rewards its employees
for adopting and practicing such values. Fadi's personal values have guided him when making tough
ethical decisions, and the company's values helped him with the evolution of his own principles and
beliefs. As a child, Samantha was taught to treat others as she wished to be treated, to show respect,
be well–mannered, and never to make empty promises. These values have helped her excel through
years of being mistreated, disrespected, and taunted for daring to be different. Life's experiences
further taught her to be kind, loving, and considerate of other people's situations. Samantha's
personal values were and continue to be portrayed through the values of her workplace. Charlotte
Mecklenburg Schools (CMS) value the power of commitment from staff members, parents, and
children in the establishment of a positive learning environment. CMS values the need to "identify,
nurture, and celebrate student
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Wal Mart And Its Effect On Society
What if a dream never amounted to anything more than a dream? What would be the point of
dreaming that dream? Wal–Mart makes dreams for many locally owned businesses nothing but a lie.
Wal–Mart, like many monopolies use their enormous power to influence, and take advantage of
society in whatever way they see fit. The American Society has adopted subjective vision, either
because they care not to look further than the inexpensiveness of their product or the owner are
blinded by their profits. Wal–Mart takes advantage of a system by exploiting cheap labor and poor
working conditions. The same company that advises these poor standards receive large quantities of
subsidies from The American Government. Some people would claim that this is ... Show more
content on Helpwriting.net ...
When people are placed into a group and these people have to deal with some situation, the group as
a whole typically has some overriding attitude toward the situation" (). Wal–Mart focus on the
individual to separate them from a group. Once they are separate the loss of their job or pay cuts
take a bigger toll on the individual. Also Wal–Mart may play individuals against each other to create
self doubt. In the documentary it showed how Wal–Mart would play individuals against each other
by ignoring actions such as racism towards those who defied the system. By focusing on the
individual, Wal–Mart is able to increase their profits through creating the inequity of power. Wal–
Mart uses its power to influence other institutions in a way that benefits them. The main institution
that Wal–Mart is concerned with is economics. Realizing this Wal–Mart uses their power to
influence other institutions to their will. Part of that is through advertisements and the other is
through funding government campaigns. Wal–Mart's advertisements are made to bring pride to
small communities about the way that Wal–Mart benefits their community. So the people who watch
the Wal–Mart advertisement think that Wal–Mart is doing their city a favor. As stated in The High
Cost of Low price "Wal–Mart received 1 billion dollars in total subsidies last year"(). Subsidies
which are not needed when Wal–Mart is own by the richest family in America. The American
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Contraversy of Wal-Mart as An Ethical Company Essay
Introduction Jeffrey Seglin, a business ethics columnist for the New York Times, participated in an
event sponsored by Markkula Center for Applied Ethics. He described two Wal–Marts one as evil
and one as good. The evil company is very, very big and does everything to grow bigger. They use
illegal immigrants to mop floors and are accused of locking employees inside overnight. They
practice gender discrimination, pay low wages and deteriorate suppliers and competition. The bad
one "is the enemy of all that's good and right in our nation" (Seglin, 2004). The good Wal–Mart
Seglin describes as thrifty, industrious and offer fair deals. They serve society and due to their
exceptional distribution system, pass along gains to everyone. The ... Show more content on
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Disabled workers won a lawsuit in 2001 when a judge found Wal–Mart guilty of violating the
American with Disabilities Act (Wal–MartWatch). From another view, Wal–Mart is one of the
largest private employers with a diverse and multi–cultural workforce. The company employs more
than 251,000 African–American associates; more than 39,000 Asian and 5,000 Pacific Islander
associates; more than 165,000 Hispanic associates; more than 16,000 American Indian and Alaskan
Native associates; more than 856,000 women; and more than 355,000 mature associates who are 50
and older. Their 15–member board of directors includes three women, two African Americans and
one Hispanic. Wal–Mart provides job opportunities for associates with disabilities (Wal–Mart/Fact
Sheet). Health Care Wal–Mart claims health–care costs put the company at a competitive
disadvantage. Only half of their workforce is covered and preventive care is not available to
associates. It takes a long time to get coverage and those with pre–existing conditions must wait
even longer. The company charges extra for ambulatory and emergency room visits. Some
employee's spouses are excluded and premiums are high. Many of the employees and their children
are forced to seek public assistance. The company is also accused of phasing out full–time
employment to avoid offering insurance (Wal–MartWatch). From another view, Wal–Mart takes
feedback from employees in attempt to improve their
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Major Criticisms of Wal-Mart
Wal–mart, as one of the world's largest corporation has attracted many consumers. Why is Wal–mart
so popular? By the time Wal–mart succeeds, it has disclosed various of controversial topics.
Nowadays, Wal–mart becomes the monopolist in the market, because they provide the grocery
prices as low as possible. As we all known that consumers like low prices product, especially, for the
poors, because it reduces the costs of their daily necessities and food. To tell the truth, Wal–mart
provides cheap products for the consumers, but behind its background, they are facing many
criticism. The article of "Walmart: Everyday Low Prices– At What Cost?" by Peter Singer and Jim
Mason, reveals the actual background of Wal–Mart, which mostly are the criticisms. Since many
criticisms have pointed to Walmart, its popularity does not decline. The authors' arguments mainly
focus on its low prices and the products of wal–mart, and the salaries of employees.
Personally, I think the low prices of Walmart have been a controversial topic in the society. The
slogan of "Everyday Low Prices" is attractive, because all of us like low prices of products. As
compare to other supermarket, it is clear that Walmart give a low price on a same product. The
authors mention that " According to a UBS– Warburg study, Wal–Mart has grocery prices 17 to 20
percent lower than other supermarket",(522) Since Walmart stores are throughout the world, I am
shocked to find this out. On the good side, it is beneficial to the
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What Is A Walmart A Corporate Giant
A Corporate Giant Or A Corporate Beast Introduction This case discusses: Introduction to Wal–
Mart History of Wal–Mart The Road to Success – Corporate Strategy The Criticism and the
Challenges Wal–Mart's PR strategy The Road ahead Wal–Mart – An Introduction American public
corporation that runs a chain of large, discount department stores World's largest public corporation
by revenue Largest private employer in the world Fourth largest utility or commercial employer
Largest grocery retailer in the United States ( 20% ) Largest toy seller in the United States ( 22% )
Wal–Mart at a Glance Founded – Arkansas, USA(1962) by Sam Walton Headquarters –
Bentonville, Arkansas, U.S.A. Products – ... Show more content on Helpwriting.net ...
Whether you walk into a Wal–Mart store in your hometown or one across the country while you're
on vacation, you can always be assured you're getting low prices and that genuine customer service
you've come to expect from us. You'll feel at home in any department of any store...that's our culture
The Corporate Strategy (contd..) Practices followed Aggressive hospitality # Using door–greeters
# Patriotic themes and displays in stores # Compels its staff to engage in morning cheers Affiliations
with charities The United Way and Children's Miracle Network Sundown Rule All customer and
supplier requests or queries
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Pros And Cons Of Wal-Mart's Abuse Of Power
As the largest retailer in United State's history, Wal–Mart attracts both praise and criticism.
According to the company website, Wal–Mart sells more than $400 billion worth of goods a year
and employees more than 2.2 million people. Wal–Mart is famous for its low prices, which have
attracted criticism for being predatory and therefore pushing out competing businesses. Because
Wal–Mart is extremely large, it has become a price setter for both sellers and competition.
Furthermore, to maintain Wal–Mart's prices, workers are paid low wages and, as some would argue,
are exploited. Yet not everything about Wal–Mart is negative. Wal–Mart also offers the less affluent
a place to shop within their means, thereby providing them with necessities. ... Show more content
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However, this is unlikely to happen. Wal–Mart gains $474.88 billion in yearly sales, and 2.2 million
employees, netting out to $213,255 sales per employee. With a 5.93% operating margin, it nets out
to be $12,646.02 profit margin per employee. Increasing wages by only $3 an hour would consume
almost half the profit. While, increasing wages would lower turnover costs, it seems unlikely that
Wal–Mart will disrupt its methods for higher worker salaries. Unless Wal–Mart is willing to take a
dip in its profit, then progress will realistically not be made in this area. To protect workers, the
government will have to step in, and with Wal–Mart providing so much money to lobbyists and both
political parties; this is also unlikely to happen. For progress to occur, the government would need to
separate itself from corporations and refuse contributions and lobbyists. This will not happen, as the
government not only benefits from corporations contributions but also the taxes. If Wal–Mart was
more harshly monitored and regulated, then it would likely not have the same income, and their
taxes would be less. This would also hurt America as a whole. Wal–Mart and its relationship to the
government makes progress and change difficult, as the situation is complex and interconnected. For
Wal–Mart to improve its negative aspects, there would have to be an overhaul in the
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Wal-Mart Essay Pros
Pro–Wal–Mart Essay Wal–Mart is one of the most powerful and successful companies in the world.
However, it receives criticism from retailers who argue that Wal–Mart is not good for the country.
Throughout many years Wal–Mart has been a victim of these misconceptions, but Wal–Mart has
demonstrated the tremendous impact that makes in this nation. Wal–Mart benefits American families
by offering low prices everyday, it provides good jobs while increasing the economy. Wal–Mart
supercenters are convenient for America. Wal–Mart is a beneficial corporation for America, it
provides the best prices for consumers. " Wal–Mart's "everyday low prices" make the biggest
difference to the poor, since they spend a higher proportion of income on food and other
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Wal-Mart Argumentative Essay
Wal–Mart, a superstore franchise, has been spreading out throughout the nation. Many say it is a
plague, because of their treatment towards workers and customers. These people have hit Wal–Mart
with complaints, and acts of criticism. They have created and continued movements demanding
change in their stores and policies. The question on how well Wal–Mart affects the economy's is a
different story, as the franchise is spread throughout the entire country. Throughout the lifetime of
Wal–Mart, as they have spread throughout the nation, they have gained a lot of negative reputation
with their ways of treatment and effects on the communities. The franchise has gained a robust
amount of complaints from their employees about their pay. There were many people in the movie,
Wal–Mart: The High Cost of Low Price, that were interviewed based on their pay. There ... Show
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According to the movie, there were an extreme amount of supports to keep away Wal–Mart from
their towns. The main reason is because it drives off hard earned businesses and jobs. When the
franchise enters a city's limits, or even in the general area, the populous will go towards them,
because they can save money. This does not allow father–son businesses to compete, and in result
shutting them down. The majority of protestors are close to a small business, becasse city pays for
the Wal–Mart to be built, and pays Wal–Mart for being there, but the smaller businesses get nothing
from the town and this angers a lot of people. People also protest against Wal–Mart entering their
city, because the funds the city uses to build the Wal–Mart is taken away from things that actually
need it. According to the movie, schools had to consolidate because of the lack of funds. City rescue
teams are cut short and forced to minimize because the city was not supplying them with necessary
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Wal-Mart Pro and Cons
Wal–Mart Stores, Inc. (or Walmart as written in its new logo) is an American public corporation that
runs a chain of large, discount department stores. It is the world's largest public corporation by
revenue, according to the 2008 Fortune Global 500.[5] Founded by Sam Walton in 1962, it was
incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972. It is the
largest private employer in the world and the fourth largest utility or commercial employer, trailing
the British National Health Service, and the Indian Railways. Wal–Mart is the largest grocery
retailer in the United States, with an estimated 20% of the retail grocery and consumables business.
It also owns and operates the North American company, Sam's Club. ... Show more content on
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The truth is the Wal–Mart save customer's time because people can buy their needs in one store and
they do not need to move from store to store to buy their needs. Wal–Mart's goal was to be a "good
steward for the environment" and ultimately use only renewable energy sources and produce zero
waste. Despite much criticism of its environmental record, Wal–Mart took a few steps in what is
viewed as a positive direction, which included becoming the biggest seller of organic milk and the
biggest buyer of organic cotton in the world, as well as reducing packaging and energy costs. Wal–
Mart also spent nearly a year working with outside consultants to discover the company's total
environmental impact and find where they could improve Wal–mart also does a lot to help the
communities it builds in by supplying jobs, paying taxes, that can be used to develop small towns,
and donating to charity. Wal–mart also contributes to communities by funding education awards and
scholarships, child–oriented programs, and environmental causes. Others Benefit Several reasons
that Wal–Mart wants to expand its business are wanting the distribution of merchandise and
spreading its customer base to increase their profit. Wal–Mart will provide a new and substantial
source of tax revenue for the local community Wal–Mart will provide a significant number of jobs
for the residents in the area Wal–Mart
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Swot Analysis on Walmart
Assignment:
Choose an organization you are familiar with and
(a). Submit an SWOT analysis of the organization with an evaluation of each element of the SWOT.
Wal–Mart
III. SWOT analysis
Strength
The strength of Wal–Mart is the popularity. The company is known worldwide. The company's
strength is the brand name which is very strong. The mark strength is what returns the company, its
products and services popular. In addition the company's strength is its ability to make strategic
adjustments every time you need . The company ensures that whenever changes occur in the
industry have plans alternative to it. The strength of the company is the supply chain system where
the company has products in a locked place until needed in a certain ... Show more content on
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Technological
v. Legal
vi. Environmental
e. Five forces
i. Potential Entrants
ii. Competitive Rivalry
iii. Substitutes
iv. Bargaining power of buyers and sellers
III. SWOT Analysis
a. Strength
b. Weakness
c. Opportunities
d. Threats
IV. Strategic Issues
V. Strategic Options
VI. Implementation/Change factors
VII. References
Introduction:
While at the University of Missouri, SAM WALTON increased his income by selling newspapers
and organizing others to do so for him, had other part–time jobs too well. You may not amazing,
then, that Walton took a job in detail with JC Penney later on the effect in 1940. Although there he
has been at work for long experience and had a great impact on Walton. He learned to relate to
colleagues in the business as partners (Kennedy 2000). He learned the importance to keep a finger
on the pulse of the retail detail by visiting the stores on own and was very competitive. It was
reported that he gave local managers a small shop on the benefits of making their stores as a way for
them to buy the property in the success of the
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Wal Mart 's Business Model
I chose to do this written assignment about Wal–Mart. Sam Walton founded Walmart on three basic
beliefs which are: (1) respect for the individual, (2) service to the customers, and (3) strive for
excellence. (Hayden, Lee, McMahon & Pereira, 2002). It is difficult to pinpoint one type of business
that Wal–Mart does because it is involved in a myriad of businesses. At its heart, Wal–Mart is what
is commonly called in the United States, a big box retailer. This means that the store is divided into
various departments such as groceries, clothing, electronics, bank, fast food, nail salon, beauty
salon, quick health clinic, and tire centers that include minor vehicle maintenance such as oil
changes. Most Wal–Mart stores also have a gas station outside the store. In addition to the retail
stores, Wal–Mart also has a members only warehouse called Sam 's Club. This diversification into a
myriad of businesses follows Wal–Mart's business model to dominate all markets. (Hayden et al.,
2002). Wal–Mart's stakeholders are its shareholders, the company executives, its employees, the
communities where Wal–Mart is located, the consumers, non–profit organizations, other retailers,
labor unions, and politicians. (Hayden et al., 2002). As a result of Wal–Mart's core drive to dominate
every market, it has come under criticism from the majority of its stakeholders. One such criticism
has been that local retailers are pushed out wherever Wal–Mart opens up one its retail stores. I have
been
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The Overall Impact Of Walmart 's Business Practices On Its...
Subject: The overall impact of Walmart's Business Practices on its Organization, employees, and
consumers. Abstract The purpose of this research paper is to identify organizational behavior issues
within the Walmart Corporation. The original company visionary and founder Sam Walton passed
away on April 5, 1992. Since his passing, Walmart has changed leadership. How has this change
affected the leadership, ethics, and culture of Walmart? This research paper will examine these
areas. Introduction A company's ethics stems from its values. A companies values come from the
visionary of the company. Sam Walton was the visionary and founder of the Walmart Corporation.
Walton's vision was based upon bettering people's lives and serving the good ... Show more content
on Helpwriting.net ...
Reminding the entire company of what the firm's values are is how this can be achieved. Values are
important in how they look in the workplace. The only reason employees read the handbook is to
find out how much vacation time they will get. Major Issues in question Walton was a tremendous
learner when it came to trends and techniques. Walton embraced new technologies leading
associates in accepting his visions for a universal Walmart environment (Horrman, 1999). Sam
Walton died on April 5, 1992, but was active in the business until just a few months before his death.
On March 17, 1992, President George Bush called Walton "an American original who embodied the
entrepreneurial spirit and epitomized the American dream." Rob Walton replaced his father as
chairman of the company, and Wal–Mart carried on without its original visionary leader (Chain
Store Age, 1999). Sam Walton's simple value formula was to have everyday low prices for the
American working class. Walton's formula exhibited the most basic traits of successful leadership: A
clear, easy to understand vision; constant communication of the vision and consistent adherence to
it. It was not until Walton's death at age 74 that management of the company began to shift away
from this formula of success. Sam Walton's original visions was to make Walmart your local
neighborhood store where you could find whatever you needed for your home. Today Walmart is
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Wal-Mart's Argumentative Essay
Although many may think of Wal–Mart has many good aspects, it also has its flaws. Wal–Mart's low
wages, cause for closing business, jobs that were taken away, and lack of union support. One of the
positive aspects of Wal–Mart is the low prices its provides. Wal–Mart customers have low incomes
and have little to no other option than to shop at Wal–Mart. "The average Wal–Mart custom earns
$35,000 a year, compared with $50,000 at Target and 74,000 at Costco" (Mallaby 621).Wal–Mart's
argument for not raising wages for employees is to keep it's low prices. "The wage increase and
other programs will cost the retailer about $1 billion"(Ziobro and Morath Al). Wal–Mart's defense
for not raising wages it to sustain low prices for its customers. On ... Show more content on
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Wal–Mart has eliminated the hustle of going from store to stores to get specific items. Even though
many fear it's taking money away from business, it is argued to be a necessary part of the American
Economy. Hoeing says, "The charge that Wal–Mart puts local 'mom–and–pop' stores out of business
is a validation of the company, not a demonizing of it." This states that variety Wal–Mart deems
itself more powerful than the smaller and less successful businesses. Despite Wal–Mart providing
countless amounts of products to its customers, it is still resulting in the closing of buisnesses. Wal–
Mart's biggest suppliers are outsourced. This is takes jobs away from the working class. In the
documentary Is Wal–Mart Good for America? The host states, "But from 2002 faced sharp foreign
completion"(42:18–42:24). The documentary refers to a small–town factory that was closed due to
the opening of a local Wal–Mart. An additional positive aspect of Wal–Mart is the number of jobs it
has created. Wal–Mart has undoubtedly supplied millions of jobs. Hoeing States, "Wal–Mart hires
workers on a voluntary basis, and right now 1.3 million Americans have willingly chosen to work
there." Wal–Mart does offer a large supply of jobs to those who have little to no other
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Ethical and Legal Issues Within Wal-Mart
Introduction Wal–Mart is commonly known for its low prices, clean appearance, and large variety of
products; however, the super store has constituently been the center of many ethical issues. From
working conditions, wages, benefits, product issues, and even bribery, Wal–Mart has been shrouded
in ethical disputes for years. In the next few pages I intend on discussing these issues, the impact
they have had on the company, and the actions that management has taken in response to them.
Predatory Pricing To begin discussing the ethical issues that Wal–Mart has faced in regards to
predatory pricing, we must first understand what predatory pricing is. According to
Investopedia.com; predatory pricing is "the act of setting prices low in an ... Show more content on
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In fact, in 2012, 80 employees walked out of a Wal–Mart to protest the substandard conditions in
which they were forced to work (Miles, 2012). As stated in an article published in the Huffington
Post; "workers are forced to work in 120–degree heat without a fan, that the heat and pollutants
make the workers vomit and get bloody noses, and that workers are made to work without clean
water or regular breaks and with faulty, dangerous equipment" (Miles, 2012). More recently in
Illinois, 100 Wal–Mart employees protested outside of Wal–Mart express, demanding better wages
and improved working conditions. One protester, Larry Born, described Wal–Mart as a "predatory
employer" who "pays slave wages". Mr. Born also stated that " is repeatedly asked to work eight or
nine days in a row" (Rezin, 2013) . This protest in Illinois was held at the same time as another
which was taking place in Arkansas, for the same reasons.
Issues with Local Communities Generally people are excited when they hear that a Wal–Mart is
being built in their community. They envision jobs, savings, convenience, and one stop shopping,
and although this is all true; studies have shown that Wal–Mart can have extremely negative effects
on the communities in which they are built. In fact, research was done in 2012 to examine the
impact a new Wal–Mart would
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Strategic HR Management Case Study: HR Planning and...
STRATEGIC HR MANAGEMENT RESEARCH PAPER OF ALPHA GROUP (FIRST DRAFT)
HR PLANNING AND STRATEGIC CHANGE FOR WAL–MART [pic] Bouffard, Jason Fiel,
Zachary Kizil, Cevdet Pimental, Kristen Swihart, Jason Southern New Hampshire University
Strategic Human Resource Management – Dr. Annette West October 29, 2006 CONTENTS I.
Abstract II. Wal–Mart Employee Selection, Training, and Development III. Wal–Mart Human
Resources Planning IV. Wal–Mart Performance & Compensation Management V. Wal–Mart –
Strategy & Strategic Changes VI. Wal–Mart: A Strategic and Financial Summary VII.
Recommendations VIII. Conclusion IX. References I. Abstract The primary objective ... Show more
content on Helpwriting.net ...
"Wal–Mart grew its training and development program the way it grew the corporation: from store
level up." (Speizer, P. 2) Wal–Mart is such a large organization that their training and development
needs to be top notch and have great influence on their staff. An author of Wal–Mart and a worker
said, "Their training and development is making a significant commitment and it will be a radar
screen for all other organizations." The company is using a combination of outside vendors and
systems it has created on its own in the overhaul of training and development. (Speizer, P. 2) Their
new method of training was brought to them by Nike. The process goes something like this, "Each
segment is three to seven minutes long and gives the associates the basic knowledge they need about
various products. As new products are introduced each season, the training is updated and Nike
customized the program for each retailer. Associates are then quizzed at the end of the training and
asked for feedback, which gets sent back to managers and they are able to adjust things if needed."
(Marquez, P. 2) This process is an outstanding format; internet is the new way of communicating
and training. This type of training is called e–training and is definitely shown to be efficient. Other
companies such as Cingular and Nike have taken part in this
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Essay about Walmart Case Study
1. Do you think Wal–Mart is doing more to become more sustainable?
Yes, I do believe Wal–Mart is doing enough to become more sustainable. Wal–Mart is one of the
most powerful companies internationally. As with all things that come with power, Wal–Mart's
business practices are scrutinized thoroughly. This includes their relationships with suppliers,
employees, consumers, and the environment. In recent years, the environment has become such a
big issue that Wal–Mart, as well as other companies have had to respond to this growing concern.
Part of the reason Wal–Mart has not only stayed around but has continued to grow over the years
has been its ability to adapt to change in times. This ability has helped them with their
environmental ... Show more content on Helpwriting.net ...
They are pushing their suppliers to make greener products and to reduce packaging.
2. What are the problems that Wal–Mart has faced, and what has the company done to address
them?
There are sometimes consequences of trying to lower costs to the consumers. One such consequence
is that Wal–Mart has been under fire for their employee treatment. They were criticized for low
wages and lack of benefits. After it became public about the handling of employees, they suffered a
severe decrease in their stocks. In 2006, to help improve relations, Wal–Mart raised pay tied to
performance and expanded and improved their health benefits package. They have also been
accused of not sticking to proper workplace conditions, discrimination and employing illegal
immigrants. In these three cases, Wal–Mart instead of actively addressing these issues, responded by
deflecting that they were at fault.
Another problem that Wal–Mart faces is one shared by all people. There is a concern for the
environmental well–being of the Earth. There is much press about corporations that have violated
safe environmental practices. Their "receipt, transportation, handling, identification, recycling,
treatment, storage and disposal" of hazardous material has been under scrutiny. Also their greatest
associated environmental concern is urban sprawl. They have counteracted these problems by trying
to become a greener company. They are working to reduce greenhouse
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Disadvantages Of Job Evaluation
As the company expands, so do its Human Resource needs for specific knowledge, skills and
abilities for a truly global workforce. It is important to note that a job evaluation attempts to assess
the job and not the people, thus it is the output provided by job analysis. Each job within Walmart
have some level of worth to the company, however these jobs do not have the same worth and thus it
is ultimately imperative to establish their value through job evaluation. There are many important
reasons for conducting a job evaluation, one of which would be that it is used to justify an existing
pay rate structure or to develop one that provides for internal equity.
According to John Stacey Adams who proposed the equity theory he states that there are generally
issues at work respectfully in terms of input and output ratio in comparison with others and here job
evaluation can be used to establish ... Show more content on Helpwriting.net ...
Like everything there are both advantages and disadvantages. One advantage of conducting a yearly
job evaluation would be that the employers can note where job positions tasks, duties and
responsibilities may overlap, so as to ensure that the worth of the position matches the competencies
of the employee, since more challenging work would be better undertaken by someone with more
experience, knowledge, skills and abilities in that area. Thus, a yearly job evaluation would assist in
that matter and a comparison year to year period can also be done so as to ensure Walmart knows
where they can improve, and continue to be successful. A limitation however to conducting a yearly
job evaluation would be that it takes a lengthy amount of time to complete and thus in piloting one
every year there would be little room for comparison purposes and for identifying those employees
that need to be trained or retrained in their certain
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Essay about The Walmart Case Study
Wal–Mart Case Study 1 What threats and challenges is Wal–Mart currently facing Wal–Mart "Wal–
Mart, is an American retail corporation that runs chains of large discount department stores. The
company is the world's second largest public corporation, according to the Fortune Global 500 list in
2013, the biggest private employer in the world with over two million employees, and the largest
retailer in the world. The company was founded by Sam Walton in 1962, incorporated on October
31, 1969, is also the largest grocery retailer in the United States" (Wikipedia, 08). A leader with a
solid vision, Sam Walton started the company, and made it into the forerunner in discount retailing
that it is ... Show more content on Helpwriting.net ...
A 2010 study revealed that the chain's "Miley Cyrus" collection of necklaces and bracelets contained
harmful amounts of the toxic metal cadmium which, with long–term exposure, could lead to kidney
failure. Many have also argued that Wal–Mart's proposal for lower prices was the reason behind the
closings of many, smaller grocery, retail, and hardware stores which had previously been pillars in
their respective communities. Furthermore, in a internal Wal–Mart memo disclosing the company's
spending habits concerning health care and other benefits, it was reported "that Wal–Mart, the
world's largest retailer, had to walk a fine line in restraining benefit costs because critics had
attacked it for being stingy on wages and health coverage. Ms. Chambers acknowledged that 46
percent of the children of Wal–Mart's 1.33 million United States employees were uninsured or on
Medicaid" (Greensboro & Barbaro, 2005). The company has also encountered claims involving
subjecting its employees to poor working conditions, and low wages due to limited lunch breaks,
and uncompensated overtime. In 2012, the New York times reported a circumstance in which Wal–
Mart had assumedly been aware of and never detailed. One of its subsidiaries, Wal–Mart Mexico,
had been allegedly paid millions in bribes to local officials to expedite construction
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Large Corporations Essay
LARGE CORPORATIONS MEAN BUSINESS!
ANTHONY J. FRANKO
ENG 122: ENLISH COMPOSITION II
INSTRUCTOR SHANNON BILUNAS
JANUARY 7, 2013
Large corporations such as Wal–Mart or Home Depot often come under criticism for putting mom–
and–pop shops out of business. While this may be a valid criticism, the consumers neglect to realize
that they play the biggest part in shutting these businesses down. Consumers across the country are
always looking for the best deals or the lowest prices, and in most cases the larger corporations are
where products can be found at the lowest price. Many small business owners and the populations of
small towns dislike large corporations moving into the area because they believe it negatively
effects the local ... Show more content on Helpwriting.net ...
This leads to a stronger local economy, and ultimately a thriving community. Stores like Wal–Mart
are famous for keeping their prices so low. This is one reason why they are able to maintain a grip
on the consumers of an area. They accomplish this by keeping the cost to produce and transport the
goods low. In January, a study by the Los Angeles County Economic Development Corp. found that,
"an individual family could save $589 a year on groceries by shopping at a supercenter. Overall,
shoppers could save $3.76 billion in merchandise nationwide." (Blazier, A, 2004) A major reason
they can keep prices lower than mom–and–pop run businesses is their ability to buy merchandise in
bulk. Buying in bulk works the same way it does for a consumer. The more of a product that is
purchased, the less the cost is per unit. Consumers see this every day when they go to stores like
Sam's Club or Costco. When they buy their merchandise in bulk, they are able to offer it to the
consumer at a lower price. (Kale, 2011) This is what could eventually drive the mom–and–pop
owned businesses out of the area, and draw a negative criticism from the public. The interesting
thing about this criticism is that the public complains about Wal–Mart
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Wal Mart 's Marketing Strategy Essay
Wal–Mart dominates the American retailing industry due to a number of factors (Smith & Young,
2004). Its business model has been very effective in beating the prices of its rivals. Wal–Mart has
made strategic attempts in its formulation to dominate the retail market where it has its presence.
The company has grown by expansion in the U.S., as well as internationally. As a result, Wal–Mart
has gained a widespread name, recognition, and customer satisfaction in relation to branching into
new sectors of retailing. Wal–Mart strives on three generic strategies consisting of focus strategy, the
differentiation strategy, and overall cost leadership. However, its low prices show both good and bad
outcomes for society (Ferrell, Fraedrich, & Ferrell, 2013). Wal–Mart strives hard to make their
organizations unique and distinctive. They force their suppliers to keep their prices low. If suppliers
fail to do so they discontinue the product or switch to a new supplier who is willing to provide the
price they want. Although Wal–Mart has made enormous profits, they have lacked in areas, failing
to provide their employees with the best working conditions and increased benefits. In addition, the
company has had issues with the law as it relates to discrimination with female, disabled, and
immigrant workers. Despite the downfalls, Wal–Mart now has over 4000 stores and outlets in U.S..
and other countries through acquisition and mergers using their low price strategies. Wal–Mart's
focus on
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External/Internal Factors Paper
Internal and external factors can affect the four functions of management within any business. With
the Wal–Mart Corporation; globalization, technology, innovation, diversity, and ethics are key
factors that the corporation must consider if it plans to succeed and stay competitive with other
industries in its area. If these areas are not considered, the Wal–Mart Corporation would discover
that its company would not remain as strong as it has proven itself to be.
Effect of Internal/External Factors Managers must deal with several factors that will impact the four
functions of management, and both internal and external stimuli have a large influence on planning,
organizing, control and leading. Internal stimuli can include ... Show more content on
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The stores began using bar codes on products to follow the inventory and they were using handheld
units in order to reorder products. By 1987 Wal–Mart had the world's largest private satellite
communication system in the United States (Wailgum, T., 2007). This communication linked all the
stores to the central headquarters so that the store's entire inventory was going to one place. This
was helpful in keeping better track of the inventory and profits in all the locations. Walton wanted to
be able to get his product to everyone all over the world and to people who use the internet. This is
where Wal–Mart.com came into the picture and becoming a technology leader. This puts Wal–Mart
in the lead for technology. Wal–Mart was once the world's top retailer that used technology to
reinvent global supply chains. However, the world has now caught up with the leader and is forcing
stores to focus more on their customers. Wal–Mart is no longer the leader and it now faces a
crossroads in the technology field (Wailgum, T. 2007).
Innovation
Wal–Mart brings innovation to the forefront in the way it deals with its suppliers.
Wal–Mart has such power on the market it can bring lower prices due to innovation in the form of
going over seas for cheaper products, even though this may be considered immoral to many. Wal–
Mart's first responsibility is to its shareholders. Wal–Mart demands its suppliers provide cheaper
goods, at faster paces
... Get more on HelpWriting.net ...
Business Questionaire
Business Now: Change Is the Only Constant
Review Questions
1. What factors contribute to the rapid pace of change in business? Is the pace likely to accelerate or
decrease over the next decade? Why?
2. What role does entrepreneurship play in the economy? Who stands to gain from the success of
individual entrepreneurs? How do other parties benefit?
3. When did American business begin to concentrate on customer needs? Why?
4. How do nonprofit organizations compare to businesses? What role do nonprofits play in the
economy? How do they interact with businesses?
5. What are the factors of production? How can economies grow when one or more of the factors is
weak?
6. What are the 5 dimensions of the business environment? ... Show more content on
Helpwriting.net ...
Then work together to figure out how you can change the product so that it better meets customer
needs. Consider changing everything from the product features to the advertising venues. Write a
paragraph that describes the revamped product, and draft a new slogan. Share your results with the
class.
Case Connections
Wal–Mart: Angel or Demon? You Decide . . .
For better or for worse, Wal–Mart dominates the retail industry. With annual revenue of more than
$315 billion, Wal–Mart ranks No. 2 on the Fortune 500 list of the largest U.S. corporations. Wal–
Mart is also the largest corporate employer in the nation, with more than 1.3 million people on its
payroll (only the federal government employs more people). On the global front, Wal–Mart operates
nearly 3,000 international stores, buys products from 70 countries, and generates about 20% of its
sales from abroad. Given Wal–Mart's aggressive expansion plans, those numbers are only likely to
grow.
But beyond the basic facts, general agreement about Wal–Mart ends. Supporters portray Wal–Mart
as a solid corporate citizen that fuels economic growth, while detractors criticize every dimension of
Wal–Mart operations. The key arguments:
Wal–Mart supporters:
Wal–Mart boosts the standard of living for its customers by offering a plethora of quality products at
the lowest possible prices. And by forcing its suppliers to become more efficient, Wal–Mart drives
greater productivity and
... Get more on HelpWriting.net ...
Wal Mart : Discounting The American Dream
"The World of Wal–Mart: Discounting the American Dream" is certainly a critical look at the
infamous multinational corporation, but its focus shifts away from the simple takedown we're used
to and into an anthropological explanation of how Wal–Mart came to be the nexus of the American
dream. Nicholas Copeland and Christine Labuski describe Wal–Mart's rise to ubiquity as a
controlled process of normalization, convenient social interest, and an uncompromising vision of
neoliberal capitalism. Copeland and Labuski take a critical angle, highlighting the most notorious of
the public's grievances against Wal–Mart and explaining them in terms of their anthropological and
sociological consequences. However, little attention is given to a world after Wal–Mart. The final
chapter offers the suggestion that the different groups that cite Wal–Mart as their victimizer may
team up, but gives no solutions or advice as to where to go from there. The book seems to suffer
from the very problems it intends to expose: Wal–Mart has made itself just too big and too symbolic
for anyone, including the authors, to even conceive of what can be done to stop or reform them. One
only needs to look out on the American landscape to see Wal–Mart 's overwhelming presence. For
many people, a world without Wal–Mart seems almost incomprehensible. It begs the question: how
did this happen? What makes Wal–Mart so central to modern America? Copeland and Labuski lay it
out in terms of a very particular process of
... Get more on HelpWriting.net ...

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Ethical Issues Of Wal-Mart

  • 1. Ethical Issues Of Wal-Mart Walmart 1–Introduction: Wal–Mart Stores Inc. is the largest retail company in the United States. It was founded in 1962, with the opening of the first Wal–Mart discount store in Rogers, Ark. The company incorporated as Wal– Mart Stores, Inc., on Oct. 31, 1969. The company's shares began trading on OTC markets in 1970 and were listed on the New York Stock Exchange two years later. The company grew to 276 stores in 11 states by the end of the decade. In 1983, the company opened its first Sam's Club membership warehouse and in 1988 opened the first supercenter –– now the company's dominant format –– featuring a complete grocery in addition to general merchandise. Wal–Mart became an international company in 1991 when it opened its first Sam's Club near Mexico City.1 In 2008 Wal–Mart has 3000 Stores around the world. 2– Background, Ethical issue involves: 1. Employee benefit: Wal–Mart is the largest retail ... Show more content on Helpwriting.net ... putting smaller, local businesses out of commission. Other ethical issues include employee treatment such as healthcare and cutting work hours, leadership issues including embezzlement and bribery in different countries to secure contracts. all these factor affects Wal–Mart business because in my opinion, Wal–Mart has a full comprehension of their current situation. But, I don't think they're is trying to fix their ethical problems . Regardless of all the issues that were mentioned before Wal– Mart has been criticized for incorrect disposal of waste and urban stretch, and that would affects the company sustainability in future. i believe Wal–Mart must consider replacing people in positions of leadership that can influence other managers and bringing in a third party auditors to increase the accuracy. And also begin acknowledging and rewarding employees that have demonstrated ... Get more on HelpWriting.net ...
  • 2.
  • 3. Walmart Philosophy Or Inhumane 1. What is the turnover percentage for Wal–Mart workers? The turnover percentage for Wal–Mart workers in 2016 is approximately 50% and approximately 70% of employees leave within the first year. 2. How does the trend of so many people applying to work for Wal–Mart relate to the content you learned in this activity? Wal–Mart employees much like labour workers are dispensable, if one feels mistreated or underpaid he has the option to quit or find another job. The reason why so many people apply at Wal–Mart is that it is better than other alternatives like fast–foods and construction work. It can be compared to a business' goods, if the demand is high the prices can increase until sales start falling. The solution for this in my opinion is ... Show more content on Helpwriting.net ... Wal–Mart shares the responsibility with its suppliers, to ensure that its workers health and life are not jeopardized by producing its goods with sweatshops or prison labours. The loopholes that businesses including Wal–Mart can abuse is the trade policies established with those countries. Policies that are necessary in order to maintain healthy foreign relations. make them less inclined to but the cost being extremely low and the manufacturing business (especially in China) is competitive enough to adapt to those variables making it almost useless. 11.After reading all of this information, in your opinion what is the biggest concern with Wal–Mart and its practises? In my opinion, the biggest concern with Wal–Mart and its practises is the way they treat employees locally and overseas. It denies responsibility for the deaths of thousands of overseas labour workers by doing business with contractors and silences its local employees through aggressive strategies making it challenging for its employees to be compensated and treated properly. Wal–Mart has successfully setup a brilliantly evil structure to maximize its profits at all costs and an aggressive business plan to remain at the top of the retail ... Get more on HelpWriting.net ...
  • 4.
  • 5. Walmart Management and Leadership Analysis Essay Wal–Mart Management and Leadership Analysis XXXXXXXXXXX Organizational Behavior and Group Dynamics/Mgt 330 November 11, 2009 Ronald Sprague Wal–Mart Management and Leadership Analysis Wal–Mart is arguably the most dynamic corporation in the last 50 years in the United States, if not the world. Arising from its beginnings in Bentonville, Arkansas, it has grown to over 4,400 discount stores, super centers and corner markets worldwide. Wal–Mart continues to expand despite public criticism of its labor practices as well as complaints about their treatment of competitors. The many strengths of Wal–Mart, like their low cost production and marketing practices, will aid Wal–Mart as it continues to grow in the retail ... Show more content on Helpwriting.net ... Wages and benefits are not the only complaints Wal–Mart is now facing. Recently, Wal–mart was accused of denying women equal pay and opportunities for promotion (Bianco, 2003). Wal–Mart attempts to distract from their past and present diversity issues by devoting an entire section of their webpage to this subject but until Wal–Mart can show statistical proof reflecting their claims of fair wages, good benefits, and equal treatment, the complaints by the unions and consumers will continue. These upper level management decisions are having a negative impact on the company and providing an unhealthy organizational culture for the organization. Healthy Organizational Culture A healthy culture is crucial to the success of any organization. Creating a healthy organizational environment is the responsibility of the organizational managers and leaders in collaboration with their employees. One strategy that an organizational manager can employ in order to create a healthy culture is to provide an atmosphere of personal responsibility and accountability. By creating an environment where teams can hold each other accountable while celebrating successes as a team intensify loyalty, commitment and dedication to the organization. In addition, an honest and accepting atmosphere increases productivity and inspires creativity, maximizing the organization's ... Get more on HelpWriting.net ...
  • 6.
  • 7. Marketing : Marketing And Marketing Strategies Essay Submitted by Amrinder Singh ND15207 7455 Task 1 Marketing Marketing is the process in which goods and services moves from concept to customer and in which wants changes into needs. Lots of people thinks marketing is just about advertise and sales but marketing are something that connects with customer and maintain a good relationship. Four Piece of Marketing Product = A product is something that satisfy a customer demand. When developing a product we need to consider quality, design, feature, packaging, customer services and after sales services. Price = Price is something that matters to both company customers. It also has great impact on sales and marketing strategies. Place = Place play an important role in the company as location matters most. If the location is near the city, town, etc then there is more sales and it matter more for customers. Promotion = Promotion refers to communicating the benefit and value of product to customers. It is the positive status for the company as the sales depend on how good is the promotion. Holistic Marketing (Holistic marketing, 2015) Marketing Research Marketing research is something like talking and listening with people, doing survey, meetings and making good decision and reduces the risk of business failure. Each and every company needs to have marketing research to see where the company ... Get more on HelpWriting.net ...
  • 8.
  • 9. Walmart Business Analysis Essay For the final group project we chose to complete a management analysis on Wal–Mart. Covered in this paper are the issues of productivity, hiring practices, corporate social responsibility and culture, diversity and affirmative action, the use of information technology, leadership, teamwork, and managing ethics. Productivity is very important to any successful business. Wal–Mart has increased its productivity through many different advances. Business analysts have long admired Wal–Mart's logistics management, even though the public recognizes them for their low discounted prices. Wal– Mart has always been resourceful at moving and stocking goods, building its stores as branches around distribution center hubs. But, instead of simply ... Show more content on Helpwriting.net ... "The message is that the data that RFID collects can allow for process improvements." (DC Velocity, 2006) The next area analyzed was the hiring practices of the corporation. Wal–Mart employs 1.6 million Associates in the United States alone and the majority of store associates work full–time, which is well above 20 to 40 percent found in the retail industry today (Wal–Mart Facts, 2006). Wal–Mart promotes from within the store and over seventy–six percent of the store management started in hourly positions (Wal–Mart Facts, 2006). According to Business Week, 2003, a sales associate earned an average of $8.23 an hour for annual wage of $13,861.00. In 2003 the poverty line for a family of three was $15,260.00 (wakeup, 2006). It seems that Wal–Mart has to promote within to keep the moral up. If the promotion is not there, employees will only stay for the so–called benefits or until another "job" comes their way. In the areas of corporate responsibility and culture, the results of the analysis were bittersweet. Wal–Mart violated the Clean Water Act in 9 states in October 2004 they were sued for $3 million to make changes to their building codes (The real, 2005). ... Get more on HelpWriting.net ...
  • 10.
  • 11. What Was The Impact Of Walmart Frederick W. Taylor was ahead of his time for his concept of Scientific management. It was a revolutionary way of running a business, that swept all over the globe, and his ideas were applicable to many different industries. Substituting disorder and conflict for a new untested method of control, cooperation, and science. Taylor understood there were no incentives for working harder. Knowing this, he payed workers based on output, allowing workers to make more money on any given day. It seemed like everyone would enjoy and prosper under this system, but that was not the case. Workers liked the opportunity to make more money in this system but many of them resisted this new idea. Being under constant supervision made work much harder for them. ... Show more content on Helpwriting.net ... The problem was everyone who qualified for a mortgage already had one. Lenders knew if they sold a mortgage to a person that defaults the lender gets the house, and houses were always increasing in value in that market, that would be a valuable asset to sell. To keep up with the demand from investors, lenders started selling mortgages to borrowers who wouldn't have qualified before because of the risk for default. These mortgages are called sub–prime mortgages and lenders started creating tons of them. In the unregulated market, lenders employed predatory tactics to get more borrowers with attractive offers such as no money down, no credit history required, even no proof of income. People never would have qualified before were now buying large houses, and the lenders sold their mortgages to Investment bankers. The investors packed subprime mortgages in with prime mortgages so credit agencies would still give a AAA rating. The rating Agencies who had a conflict of interest by receiving payments from the investment banks, had no liability if their credit ratings were correct or not. They turned a blind eye to the risky CDOs and kept giving AAA ratings. This worked for a while and everyone was happy including the new homeowners. The housing market became hyper inflated with more homeowners than ever. Wall Street continued to sell their CDO's which were ticking time bombs. The subprime mortgages began ... Get more on HelpWriting.net ...
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  • 13. Walmart Waltz Literary Devices Both The Wal–Mart Round and The Wal–Mart Waltz, written by Mimi Yahn, reflect the criticism of Wal Mart and its company policies and business practices. Not only does the songs highlight the danger of predatory pricing, it also shows how Wal Mart's lower prices hurt small business and local communities. With its simple tone, the song is written to be memorable and appeal to many people who might not be familiar with the many criticism surrounding Wal Mart. As Wal Mart began to rapidly expand in the late twentieth and early twentieth–first century, Yahn's song expose the cruel reality of new Wal Mart stores that hurt local communities and small businesses while highlighting the anti–union and poor hiring practices of the company. Along with ... Get more on HelpWriting.net ...
  • 14.
  • 15. Walmart Globalization Case Study CASE ANALYSIS 1. (a) Through the use of relevant examples from the case study, critically analyse the strategic and environmental reasons as to why Wal–Mart engaged in globalisation strategies; and any potential risks associated with such moves. Ans:Wal–Mart,Inc runs a chain of large, discount department stores.it is the world's largest public corporation by revenue. Walmart is the largest private employer and the largest grocery retailer in the United States. Walmart is one of the best known industries all over the world. Its concentration of a single business strategy is the basis of its success over the decades by this strategy without having to rely upon diversification to sustain its growth and competitive advantage. The leading marketing strategies of Wal–Mart are low prices, service and smile. However by adapting this strategy, it has risked itself by putting all of a company's egg in one industry basket. While its global strategy worked elsewhere, the results were bad in Germany and Korea that Wal–Mart withdrew from those countries. There are many factors ... Show more content on Helpwriting.net ... Using appropriate theories critically analyse the role of culture in International Business. Support your answer by quoting relevant examples from the case study. ANS: Culture can be defined as "the sum total of the beliefs, rules, techniques, institutions, and artifacts that characterize human populations" or "the collective programming of the mind. As you can see, definitions of culture vary according to the focus of interest, the unit of analysis and the disciplinary approach (psychology, anthropology, sociology, geography etc.) There is a strong consensus, however, that key elements of culture include language, religion, values, attitudes, customs and norms of a group or society. Language is perhaps the most important key to understanding culture in general and the specific values, beliefs, attitudes, and opinions of a particular individual or group. IMPORTANCE OF CULTURE IN ... Get more on HelpWriting.net ...
  • 16.
  • 17. Essay on Wal-Mart Good or Bad? Wal–Mart: Good or Bad? The largest corporation in America with $378,799 million in revenues and employing 2,055,000 employees, Wal–Mart has become one of the greatest success stories in American history, but also one of the most controversial stories since Standard Oil (Fortune). But with all big business comes critics. Today's critics suggest Wal–Mart unfairly uses it power of size, which is goliath, to exploit employees and impoverish nations, ruin competition, and place undue pressure on the government. However, one item most critics fail to mention is that Wal–Mart creates consumer welfare. Throughout this paper, I will analyze each criticism of Wal–Mart and sufficiently cite evidence proving the greater good that is realized with ... Show more content on Helpwriting.net ... However, this could not be more wrong. First off, all of the employees in other nations who flock to Wal–Mart's factories have the choice to do so. Even though the wages paid in third world nations is inconceivable in United States, those wages will still increase the employee's income, which in turn increases the employee's standard of living. The increases in standards of living will lead to economic innovations and increased productivity/efficiency. This process of evolving mirrors that same steps that the United States went through in its early beginnings as well. Secondly, critics want Wal–Mart to enforce labor laws in its overseas factories that are consistent with United States. However, Vedder refutes this demand stating, "We have no more right to expect Wal–Mart to enforce Chinese labor laws than the Chinese have the right to enforce ours" (Vedder). Clearly, this criticism is without reason and impossible. In addition, the regulations and laws in third world countries are not kept up to date as well as in America, not everyone has a birth certificate or passport proving their age. It is unreasonable to assume that Wal–Mart would be able to verify the ages of every single employee in Indonesia or China. (Vedder) Wal–Mart is a Burden on Governments Critics, also, attempt to darken Wal–Mart's public image by stating that they do not ... Get more on HelpWriting.net ...
  • 18.
  • 19. Wal-Mart’s Response to Hurricane Katrina Wal–Mart's Response to Hurricane Katrina So far in the American history, hurricane Katrina remains to be one of the most devastating hurricanes to have ever been witnessed. Though preparation were already in place to counter its effects, the storm's impact turned out to be one of the most unprecedented ever seen. This is even notable from the way government agencies reacted to this disaster. It brought out the inefficiencies and inadequacies of the emergency units both at the federal and state level. This is because these governments' response standards to this disaster were far much below the threshold expected. Government efforts could not match, and hence counter, the impacts of hurricane Katrina. This led to loss of massive property ... Show more content on Helpwriting.net ... This is possible because Wal–Mart is expansive and has a global influence. This helps it to have lots of information concerning anything of importance to them and their clients. Therefore using its emergency department, Wal–Mart was able to monitor the storm as it approached the shores of the Gulf coast using their highly computerized meteorological equipment. In addition to the storm monitoring capabilities, this department is well equipped with emergency response facilities for normal disasters. Wal–Mart began response to this hurricane when the meteorological equipment indicated that the initial signs of a storm were building up to a hurricane. This was when top level management began having special interest on the findings of the emergency operations centre whereby the then company's business continuity director shifted his operations to the centre. This was a clear sign of how well Wal–Mart chain stores were getting prepared for this hurricane. Wal–Mart CEO, H. Lee Scott, Jr., was in the forefront into getting ready to counter the impact of Katrina. This is proven by the aspect of him giving direct authority to junior managers to make sound decisions on the way forward into dealing with the hurricane. This simplified decision making chain process and thus it saw the response become much quicker. Apart from giving deciding powers to his juniors, the CEO guided the response process on a daily basis plan. This accentuated the seriousness on preparation and ... Get more on HelpWriting.net ...
  • 20.
  • 21. The Wal Mart Essay Sam Walton is the originator of the Wal–Mart Stores in 1962. It has its central command situated in Bentonville Arkansas. Wal–Mart Store is an American – universal retail organization, that runs vast stockroom and departmental stores. It is positioned as the biggest private manager around the world, having utilized more than two million individuals. It is situated in more than 50 states in America. The organization 's administrations are offered in around 15 nations around the world. It has around 8500 stores utilizing diverse names as a part of the world. The organization has possessed the capacity to utilize the four administration capacities to have the capacity to accomplish its objectives. The organization 's procedure of succeeding is putting forth its client's great administrations and offering its merchandise at lower costs. Notwithstanding, it has faith in picking up its benefit by offering its merchandise in expansive volumes. ( Soderquist, D.(2005). There are distinctive reasons why individuals open up organizations every day. Wal–Mart Stores is the one of the main retailer around the world. Leadership at Wal–Mart is shown with the way their leaders keep people focused on the goals and mission of the company and motivating them and being with them to overcome the obstacles. Members are called associates and leaders are very active in implementing the organization 's plans. Walton used the charismatic style of leadership which creates wonderful morale to the ... Get more on HelpWriting.net ...
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  • 23. Wal Mart A Socially Responsible Corporation Is Wal–Mart a socially responsible corporation? Discuss using Hall's article as your starting point and the different views of corporate responsibility presented in class. (This essay should argue to a definitive conclusion). Is Wal–Mart a socially responsible corporation? This essay will seek to answer that question. Firstly there will be an overview of what exactly Wal–Mart is, their size and profit. Moving onto what conditions have lead to this question being posed with insights from various authors such as Nelson Lichtenstein and the ways in which Wal–Mart have retorted. Two main theories of corporate responsibility will be put forth; the stockholder or narrow view presented by Friedman and the stakeholder or wider view ... Show more content on Helpwriting.net ... It seems that Wal–Mart is an economy of its own with profound implications for its customers, workers and the communities where it operates. Wal–Mart contributes $US750 million to taxes in California alone and spends about $US4.2 billion a year nationally on employee benefits. (en.wikipedia.org/wiki/Wal–Mart) Nelson Lichtenstein (2005), a strong unionist, believes that the size of Wal–Mart means they cannot truly stay as a private organisation. By its very existence and competitive success, it rezones cities, determines the real minimum wage, channels capital throughout the world and conducts a kind of international diplomacy with a range of nations. He likens Wal–Mart to General Motors claiming that was the last time a U.S. corporation had such power, which was 50 years ago. General Motors was the largest and most profitable U.S. corporation. It was a major player in many areas from aircraft production to household appliances and the GM Acceptance Corporation was by far the largest retail credit institution in the United States. Like Wal–Mart today, GM had no competition that could threaten its dominance. GM 's sales at the time amounted to about 2% of U.S. GDP – which is just about where Wal–Mart stands today. (Lichtenstein, 2005) However unlike Wal–Mart, General Motors was proud to provide high wages. It provided wages so that the employee could be the breadwinner and in doing so pulled the entire ... Get more on HelpWriting.net ...
  • 24.
  • 25. Competitive Advantage Vs. Competitive Strategy C. Competitive Advantage Related Theory Competitive strategy is the moves and methods that the firm has taken and is taking to appeal buyers, improve its market position, and to endure competitive pressures. The strategy is about what a firm's capability to try to knock off competitors and attain competitive advantage, which can be offensive or defensive. There are three approaches to competitive strategy, which are low–cost leadership strategy where struggling to be the overall low– cost manufacturer in the in industry. Moreover, pursuing to distinguish one's product offering from competitors (differentiation strategy), and the last one is focus or niche strategy where aiming on thin portion of the market rather than the whole market (Porter, 1998). There are also some risks for each strategy. Upholding cost leadership can be risky because of the requirement of frequent capital investment to sustain cost advantage, then cost surges narrow price differentials and diminish ability to compete with other's brand royalty. Differentiation strategy has some threats, such as imitation decreases alleged differentiation, buyers need for differentiation falls. Meanwhile, the risks for focus or niche strategy are the differences in preferred products or services between the strategic market and target as a whole narrows, the cost discrepancy between wide ranged competitors and the focused firms broadens to eradicate the cost advantages of allocating a narrow target or to offset the ... Get more on HelpWriting.net ...
  • 26.
  • 27. Definition Of Marketing : Marketing Essay Definition of marketing: Marketing is based on the thinking about the business in terms of the needs of customers and satisfaction. Marketing is different from selling because Selling concerns itself with the tricks and techniques of getting people to exchange their cash for your product. It is not concerned with the values that the exchange is all about. The main purpose of the marketing is to increase the sales of the products and getting more profit for the company. 4P's of marketing: Product Products area unit product and services that your company offers to sell to your audience. Once developing a product you ought to contemplate the standard, design, features, packaging, client service and any ulterior after–sales service. Place Place is with relation to the distribution, the situation and therefore the ways to induce the merchandise to the client. This includes the situation of your business, shop front, distributors, supply and therefore the potential use of the web to sell product on to customers. Price Price issues the number of cash customers that has to pay so as to get your product. There area unit variety of concerns in relevancy value together with value setting, discounting, credit and money Purchases likewise as credit assortment. Promotion Promotion refers to the act of human action the advantages and worth of your product to the patron. This involves convincing the final client to customers of your business exploitation ways like advertising, ... Get more on HelpWriting.net ...
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  • 29. Wal-Mart Argumentative Analysis Even if Wal–Mart is the largest private employer in the United States, several reports indicate that the major retailer has a regrettable history of fighting against labor rights and union formation. Making Change at Wal–Mart, the famous campaign inviting the retailer to actively participate in the restructuration of the economy and the strengthening of working families, has published in its official web page some facts proving that the successful retailer is failing its social duties. In accordance with the statistics revealed by the campaign, "Walmart has a long history of denying its employees the right to organize and right to collectively bargain. The company deploys numerous anti–union tactics, including requiring workers to attend anti–union ... Show more content on Helpwriting.net ... Robert B Reich, the former U.S Secretary of Labor and currently professor of Public Policy at the University of California, wrote an article defending Wal–Mart and presenting some arguments proving that the success of the large retailer is due to consumers who choose always to shop from the place offering the cheapest prices. In his article, Reich states, "After all, it's not as if Wal–Mart's founder, Sam Walton, and his successors created the world's largest retailer by putting a gun to our heads and forcing us to shop there." By this statement which is completely true and describing the evidence of consumer freedom, Reich is treating the financial and economic success of Wal–Mart as a result of consumers' preference, he should analyze the economic factors and causes leading to such success and find out if their effects are positive or negative. Trying to justify the low prices provided by Wal–Mart, Reich states, "Products are manufactured in China at a fraction of the cost of making them here, and American consumers get great deals." In this quote, he destroys by himself his own theory because the fact of manufacturing products in China is a good thing in the short term because it saves money for the consumer, but in the long term, it is a destructive action hurting the national economy by leading to layoffs in the American manufacturing sector. Generally, the economic and financial success of Wal–Mart should not hide the negative effects of the large retailer policies, especially its participation in the economic ... Get more on HelpWriting.net ...
  • 30.
  • 31. Walmart Case Study Chapter 1& 2 Module 1 Wal–Mart Case Study Shannan Haynes St Gregory's University Give a short account of the history of the company, and trace the evolution of its strategy. Try to determine whether the strategies evolution of your company is the product of intended strategies, emergent strategies, or some combination of the two. The Wal–Mart story began in 1962 when Sam Walton opened the first discount store in Rogers, AR. In 1970 Wal–Mart experienced significant growth and made huge advancements In1970 Wal–Mart opened its first distribution center and the Wal–Mart Home Office in Bentonville, AR. By 1970 Wal–Mart employed 1,500 associates and had 38 stores with sales of $44.2 million. In 1970 Wal–Mart also ... Show more content on Helpwriting.net ... (Marketing Teacher , 2000) Wal–Mart still has many opportunities to merge, or form alliances with other global retailers. Wal–Mart can do more to call attention to its good deeds to help with their image issues. Wal–Mart can continue to expand its supercenters into large cities. (Avila, 2009) Who is the CEO of the company? Evaluate the CEO's leadership capabilities. On February 1, 2007, Mike Duke took over as CEO of Wal–Mart. On June 5, 2009, Mike Duke announced that Wal–Mart was up 6 percent to $3.35 per share and that 7.3 billion dollars were returned to shareholders. He also said that sales surpassed 400 billion for the first time. Wal–Mart has strong balance sheets and access to capital markets. Mike Duke has enhanced training and development of Wal–Mart's global workforce. He has also reiterated Wal–Mart's commitment to low prices. Based on profits and the commitments he has outlined, I would say that Mike Duke leadership capabilities as CEO are very promising. (Walmart, 2009)+ Apply the five forces model to the industry in which your company is based. What does this model tell you about the nature of competition in the industry? Potential Competitors: Medium pressure Grocers could potentially enter into the retail side. Entry barriers are relatively high, as Wal–Mart has an outstanding distribution systems, locations, brand name, and financial capital to fend off competitors. Wal –mart often has an ... Get more on HelpWriting.net ...
  • 32.
  • 33. Value Alignment Essay Value Alignment for Wal–Mart Fadi Anadri, Betrina Hood, Schercitha Miller, Samantha Redfearn BUS/475 Bill Crigger July 21, 2010 Value Alignment for Wal–Mart An individual's personal values depict what is important in his or her life, and such values often determine his or her behavior. Furthermore, values are an enlightenment of why people act or react the way they do, based on their personal beliefs. The combined values of an individual and organization must be compatible to produce a successful relationship and work in harmony. Wal– Mart's values have been in place for 40 years. The company holds dear to three golden values, which are: 1) showing respect to all individuals, 2) providing exquisite service to ... Show more content on Helpwriting.net ... Microsoft helped Fadi discover the importance and effectiveness of other stated values, such as openness, constructive self–criticism, and continual self–improvement. Microsoft shows the importance of these beliefs through an existing culture of empowerment, and rewards its employees for adopting and practicing such values. Fadi's personal values have guided him when making tough ethical decisions, and the company's values helped him with the evolution of his own principles and beliefs. As a child, Samantha was taught to treat others as she wished to be treated, to show respect, be well–mannered, and never to make empty promises. These values have helped her excel through years of being mistreated, disrespected, and taunted for daring to be different. Life's experiences further taught her to be kind, loving, and considerate of other people's situations. Samantha's personal values were and continue to be portrayed through the values of her workplace. Charlotte Mecklenburg Schools (CMS) value the power of commitment from staff members, parents, and children in the establishment of a positive learning environment. CMS values the need to "identify, nurture, and celebrate student ... Get more on HelpWriting.net ...
  • 34.
  • 35. Wal Mart And Its Effect On Society What if a dream never amounted to anything more than a dream? What would be the point of dreaming that dream? Wal–Mart makes dreams for many locally owned businesses nothing but a lie. Wal–Mart, like many monopolies use their enormous power to influence, and take advantage of society in whatever way they see fit. The American Society has adopted subjective vision, either because they care not to look further than the inexpensiveness of their product or the owner are blinded by their profits. Wal–Mart takes advantage of a system by exploiting cheap labor and poor working conditions. The same company that advises these poor standards receive large quantities of subsidies from The American Government. Some people would claim that this is ... Show more content on Helpwriting.net ... When people are placed into a group and these people have to deal with some situation, the group as a whole typically has some overriding attitude toward the situation" (). Wal–Mart focus on the individual to separate them from a group. Once they are separate the loss of their job or pay cuts take a bigger toll on the individual. Also Wal–Mart may play individuals against each other to create self doubt. In the documentary it showed how Wal–Mart would play individuals against each other by ignoring actions such as racism towards those who defied the system. By focusing on the individual, Wal–Mart is able to increase their profits through creating the inequity of power. Wal– Mart uses its power to influence other institutions in a way that benefits them. The main institution that Wal–Mart is concerned with is economics. Realizing this Wal–Mart uses their power to influence other institutions to their will. Part of that is through advertisements and the other is through funding government campaigns. Wal–Mart's advertisements are made to bring pride to small communities about the way that Wal–Mart benefits their community. So the people who watch the Wal–Mart advertisement think that Wal–Mart is doing their city a favor. As stated in The High Cost of Low price "Wal–Mart received 1 billion dollars in total subsidies last year"(). Subsidies which are not needed when Wal–Mart is own by the richest family in America. The American ... Get more on HelpWriting.net ...
  • 36.
  • 37. Contraversy of Wal-Mart as An Ethical Company Essay Introduction Jeffrey Seglin, a business ethics columnist for the New York Times, participated in an event sponsored by Markkula Center for Applied Ethics. He described two Wal–Marts one as evil and one as good. The evil company is very, very big and does everything to grow bigger. They use illegal immigrants to mop floors and are accused of locking employees inside overnight. They practice gender discrimination, pay low wages and deteriorate suppliers and competition. The bad one "is the enemy of all that's good and right in our nation" (Seglin, 2004). The good Wal–Mart Seglin describes as thrifty, industrious and offer fair deals. They serve society and due to their exceptional distribution system, pass along gains to everyone. The ... Show more content on Helpwriting.net ... Disabled workers won a lawsuit in 2001 when a judge found Wal–Mart guilty of violating the American with Disabilities Act (Wal–MartWatch). From another view, Wal–Mart is one of the largest private employers with a diverse and multi–cultural workforce. The company employs more than 251,000 African–American associates; more than 39,000 Asian and 5,000 Pacific Islander associates; more than 165,000 Hispanic associates; more than 16,000 American Indian and Alaskan Native associates; more than 856,000 women; and more than 355,000 mature associates who are 50 and older. Their 15–member board of directors includes three women, two African Americans and one Hispanic. Wal–Mart provides job opportunities for associates with disabilities (Wal–Mart/Fact Sheet). Health Care Wal–Mart claims health–care costs put the company at a competitive disadvantage. Only half of their workforce is covered and preventive care is not available to associates. It takes a long time to get coverage and those with pre–existing conditions must wait even longer. The company charges extra for ambulatory and emergency room visits. Some employee's spouses are excluded and premiums are high. Many of the employees and their children are forced to seek public assistance. The company is also accused of phasing out full–time employment to avoid offering insurance (Wal–MartWatch). From another view, Wal–Mart takes feedback from employees in attempt to improve their ... Get more on HelpWriting.net ...
  • 38.
  • 39. Major Criticisms of Wal-Mart Wal–mart, as one of the world's largest corporation has attracted many consumers. Why is Wal–mart so popular? By the time Wal–mart succeeds, it has disclosed various of controversial topics. Nowadays, Wal–mart becomes the monopolist in the market, because they provide the grocery prices as low as possible. As we all known that consumers like low prices product, especially, for the poors, because it reduces the costs of their daily necessities and food. To tell the truth, Wal–mart provides cheap products for the consumers, but behind its background, they are facing many criticism. The article of "Walmart: Everyday Low Prices– At What Cost?" by Peter Singer and Jim Mason, reveals the actual background of Wal–Mart, which mostly are the criticisms. Since many criticisms have pointed to Walmart, its popularity does not decline. The authors' arguments mainly focus on its low prices and the products of wal–mart, and the salaries of employees. Personally, I think the low prices of Walmart have been a controversial topic in the society. The slogan of "Everyday Low Prices" is attractive, because all of us like low prices of products. As compare to other supermarket, it is clear that Walmart give a low price on a same product. The authors mention that " According to a UBS– Warburg study, Wal–Mart has grocery prices 17 to 20 percent lower than other supermarket",(522) Since Walmart stores are throughout the world, I am shocked to find this out. On the good side, it is beneficial to the ... Get more on HelpWriting.net ...
  • 40.
  • 41. What Is A Walmart A Corporate Giant A Corporate Giant Or A Corporate Beast Introduction This case discusses: Introduction to Wal– Mart History of Wal–Mart The Road to Success – Corporate Strategy The Criticism and the Challenges Wal–Mart's PR strategy The Road ahead Wal–Mart – An Introduction American public corporation that runs a chain of large, discount department stores World's largest public corporation by revenue Largest private employer in the world Fourth largest utility or commercial employer Largest grocery retailer in the United States ( 20% ) Largest toy seller in the United States ( 22% ) Wal–Mart at a Glance Founded – Arkansas, USA(1962) by Sam Walton Headquarters – Bentonville, Arkansas, U.S.A. Products – ... Show more content on Helpwriting.net ... Whether you walk into a Wal–Mart store in your hometown or one across the country while you're on vacation, you can always be assured you're getting low prices and that genuine customer service you've come to expect from us. You'll feel at home in any department of any store...that's our culture The Corporate Strategy (contd..) Practices followed Aggressive hospitality # Using door–greeters # Patriotic themes and displays in stores # Compels its staff to engage in morning cheers Affiliations with charities The United Way and Children's Miracle Network Sundown Rule All customer and supplier requests or queries ... Get more on HelpWriting.net ...
  • 42.
  • 43. Pros And Cons Of Wal-Mart's Abuse Of Power As the largest retailer in United State's history, Wal–Mart attracts both praise and criticism. According to the company website, Wal–Mart sells more than $400 billion worth of goods a year and employees more than 2.2 million people. Wal–Mart is famous for its low prices, which have attracted criticism for being predatory and therefore pushing out competing businesses. Because Wal–Mart is extremely large, it has become a price setter for both sellers and competition. Furthermore, to maintain Wal–Mart's prices, workers are paid low wages and, as some would argue, are exploited. Yet not everything about Wal–Mart is negative. Wal–Mart also offers the less affluent a place to shop within their means, thereby providing them with necessities. ... Show more content on Helpwriting.net ... However, this is unlikely to happen. Wal–Mart gains $474.88 billion in yearly sales, and 2.2 million employees, netting out to $213,255 sales per employee. With a 5.93% operating margin, it nets out to be $12,646.02 profit margin per employee. Increasing wages by only $3 an hour would consume almost half the profit. While, increasing wages would lower turnover costs, it seems unlikely that Wal–Mart will disrupt its methods for higher worker salaries. Unless Wal–Mart is willing to take a dip in its profit, then progress will realistically not be made in this area. To protect workers, the government will have to step in, and with Wal–Mart providing so much money to lobbyists and both political parties; this is also unlikely to happen. For progress to occur, the government would need to separate itself from corporations and refuse contributions and lobbyists. This will not happen, as the government not only benefits from corporations contributions but also the taxes. If Wal–Mart was more harshly monitored and regulated, then it would likely not have the same income, and their taxes would be less. This would also hurt America as a whole. Wal–Mart and its relationship to the government makes progress and change difficult, as the situation is complex and interconnected. For Wal–Mart to improve its negative aspects, there would have to be an overhaul in the ... Get more on HelpWriting.net ...
  • 44.
  • 45. Wal-Mart Essay Pros Pro–Wal–Mart Essay Wal–Mart is one of the most powerful and successful companies in the world. However, it receives criticism from retailers who argue that Wal–Mart is not good for the country. Throughout many years Wal–Mart has been a victim of these misconceptions, but Wal–Mart has demonstrated the tremendous impact that makes in this nation. Wal–Mart benefits American families by offering low prices everyday, it provides good jobs while increasing the economy. Wal–Mart supercenters are convenient for America. Wal–Mart is a beneficial corporation for America, it provides the best prices for consumers. " Wal–Mart's "everyday low prices" make the biggest difference to the poor, since they spend a higher proportion of income on food and other ... Get more on HelpWriting.net ...
  • 46.
  • 47. Wal-Mart Argumentative Essay Wal–Mart, a superstore franchise, has been spreading out throughout the nation. Many say it is a plague, because of their treatment towards workers and customers. These people have hit Wal–Mart with complaints, and acts of criticism. They have created and continued movements demanding change in their stores and policies. The question on how well Wal–Mart affects the economy's is a different story, as the franchise is spread throughout the entire country. Throughout the lifetime of Wal–Mart, as they have spread throughout the nation, they have gained a lot of negative reputation with their ways of treatment and effects on the communities. The franchise has gained a robust amount of complaints from their employees about their pay. There were many people in the movie, Wal–Mart: The High Cost of Low Price, that were interviewed based on their pay. There ... Show more content on Helpwriting.net ... According to the movie, there were an extreme amount of supports to keep away Wal–Mart from their towns. The main reason is because it drives off hard earned businesses and jobs. When the franchise enters a city's limits, or even in the general area, the populous will go towards them, because they can save money. This does not allow father–son businesses to compete, and in result shutting them down. The majority of protestors are close to a small business, becasse city pays for the Wal–Mart to be built, and pays Wal–Mart for being there, but the smaller businesses get nothing from the town and this angers a lot of people. People also protest against Wal–Mart entering their city, because the funds the city uses to build the Wal–Mart is taken away from things that actually need it. According to the movie, schools had to consolidate because of the lack of funds. City rescue teams are cut short and forced to minimize because the city was not supplying them with necessary ... Get more on HelpWriting.net ...
  • 48.
  • 49. Wal-Mart Pro and Cons Wal–Mart Stores, Inc. (or Walmart as written in its new logo) is an American public corporation that runs a chain of large, discount department stores. It is the world's largest public corporation by revenue, according to the 2008 Fortune Global 500.[5] Founded by Sam Walton in 1962, it was incorporated on October 31, 1969, and listed on the New York Stock Exchange in 1972. It is the largest private employer in the world and the fourth largest utility or commercial employer, trailing the British National Health Service, and the Indian Railways. Wal–Mart is the largest grocery retailer in the United States, with an estimated 20% of the retail grocery and consumables business. It also owns and operates the North American company, Sam's Club. ... Show more content on Helpwriting.net ... The truth is the Wal–Mart save customer's time because people can buy their needs in one store and they do not need to move from store to store to buy their needs. Wal–Mart's goal was to be a "good steward for the environment" and ultimately use only renewable energy sources and produce zero waste. Despite much criticism of its environmental record, Wal–Mart took a few steps in what is viewed as a positive direction, which included becoming the biggest seller of organic milk and the biggest buyer of organic cotton in the world, as well as reducing packaging and energy costs. Wal– Mart also spent nearly a year working with outside consultants to discover the company's total environmental impact and find where they could improve Wal–mart also does a lot to help the communities it builds in by supplying jobs, paying taxes, that can be used to develop small towns, and donating to charity. Wal–mart also contributes to communities by funding education awards and scholarships, child–oriented programs, and environmental causes. Others Benefit Several reasons that Wal–Mart wants to expand its business are wanting the distribution of merchandise and spreading its customer base to increase their profit. Wal–Mart will provide a new and substantial source of tax revenue for the local community Wal–Mart will provide a significant number of jobs for the residents in the area Wal–Mart ... Get more on HelpWriting.net ...
  • 50.
  • 51. Swot Analysis on Walmart Assignment: Choose an organization you are familiar with and (a). Submit an SWOT analysis of the organization with an evaluation of each element of the SWOT. Wal–Mart III. SWOT analysis Strength The strength of Wal–Mart is the popularity. The company is known worldwide. The company's strength is the brand name which is very strong. The mark strength is what returns the company, its products and services popular. In addition the company's strength is its ability to make strategic adjustments every time you need . The company ensures that whenever changes occur in the industry have plans alternative to it. The strength of the company is the supply chain system where the company has products in a locked place until needed in a certain ... Show more content on Helpwriting.net ... Technological v. Legal vi. Environmental e. Five forces i. Potential Entrants ii. Competitive Rivalry iii. Substitutes iv. Bargaining power of buyers and sellers
  • 52. III. SWOT Analysis a. Strength b. Weakness c. Opportunities d. Threats IV. Strategic Issues V. Strategic Options VI. Implementation/Change factors VII. References Introduction: While at the University of Missouri, SAM WALTON increased his income by selling newspapers and organizing others to do so for him, had other part–time jobs too well. You may not amazing, then, that Walton took a job in detail with JC Penney later on the effect in 1940. Although there he has been at work for long experience and had a great impact on Walton. He learned to relate to colleagues in the business as partners (Kennedy 2000). He learned the importance to keep a finger on the pulse of the retail detail by visiting the stores on own and was very competitive. It was reported that he gave local managers a small shop on the benefits of making their stores as a way for them to buy the property in the success of the ... Get more on HelpWriting.net ...
  • 53.
  • 54. Wal Mart 's Business Model I chose to do this written assignment about Wal–Mart. Sam Walton founded Walmart on three basic beliefs which are: (1) respect for the individual, (2) service to the customers, and (3) strive for excellence. (Hayden, Lee, McMahon & Pereira, 2002). It is difficult to pinpoint one type of business that Wal–Mart does because it is involved in a myriad of businesses. At its heart, Wal–Mart is what is commonly called in the United States, a big box retailer. This means that the store is divided into various departments such as groceries, clothing, electronics, bank, fast food, nail salon, beauty salon, quick health clinic, and tire centers that include minor vehicle maintenance such as oil changes. Most Wal–Mart stores also have a gas station outside the store. In addition to the retail stores, Wal–Mart also has a members only warehouse called Sam 's Club. This diversification into a myriad of businesses follows Wal–Mart's business model to dominate all markets. (Hayden et al., 2002). Wal–Mart's stakeholders are its shareholders, the company executives, its employees, the communities where Wal–Mart is located, the consumers, non–profit organizations, other retailers, labor unions, and politicians. (Hayden et al., 2002). As a result of Wal–Mart's core drive to dominate every market, it has come under criticism from the majority of its stakeholders. One such criticism has been that local retailers are pushed out wherever Wal–Mart opens up one its retail stores. I have been ... Get more on HelpWriting.net ...
  • 55.
  • 56. The Overall Impact Of Walmart 's Business Practices On Its... Subject: The overall impact of Walmart's Business Practices on its Organization, employees, and consumers. Abstract The purpose of this research paper is to identify organizational behavior issues within the Walmart Corporation. The original company visionary and founder Sam Walton passed away on April 5, 1992. Since his passing, Walmart has changed leadership. How has this change affected the leadership, ethics, and culture of Walmart? This research paper will examine these areas. Introduction A company's ethics stems from its values. A companies values come from the visionary of the company. Sam Walton was the visionary and founder of the Walmart Corporation. Walton's vision was based upon bettering people's lives and serving the good ... Show more content on Helpwriting.net ... Reminding the entire company of what the firm's values are is how this can be achieved. Values are important in how they look in the workplace. The only reason employees read the handbook is to find out how much vacation time they will get. Major Issues in question Walton was a tremendous learner when it came to trends and techniques. Walton embraced new technologies leading associates in accepting his visions for a universal Walmart environment (Horrman, 1999). Sam Walton died on April 5, 1992, but was active in the business until just a few months before his death. On March 17, 1992, President George Bush called Walton "an American original who embodied the entrepreneurial spirit and epitomized the American dream." Rob Walton replaced his father as chairman of the company, and Wal–Mart carried on without its original visionary leader (Chain Store Age, 1999). Sam Walton's simple value formula was to have everyday low prices for the American working class. Walton's formula exhibited the most basic traits of successful leadership: A clear, easy to understand vision; constant communication of the vision and consistent adherence to it. It was not until Walton's death at age 74 that management of the company began to shift away from this formula of success. Sam Walton's original visions was to make Walmart your local neighborhood store where you could find whatever you needed for your home. Today Walmart is ... Get more on HelpWriting.net ...
  • 57.
  • 58. Wal-Mart's Argumentative Essay Although many may think of Wal–Mart has many good aspects, it also has its flaws. Wal–Mart's low wages, cause for closing business, jobs that were taken away, and lack of union support. One of the positive aspects of Wal–Mart is the low prices its provides. Wal–Mart customers have low incomes and have little to no other option than to shop at Wal–Mart. "The average Wal–Mart custom earns $35,000 a year, compared with $50,000 at Target and 74,000 at Costco" (Mallaby 621).Wal–Mart's argument for not raising wages for employees is to keep it's low prices. "The wage increase and other programs will cost the retailer about $1 billion"(Ziobro and Morath Al). Wal–Mart's defense for not raising wages it to sustain low prices for its customers. On ... Show more content on Helpwriting.net ... Wal–Mart has eliminated the hustle of going from store to stores to get specific items. Even though many fear it's taking money away from business, it is argued to be a necessary part of the American Economy. Hoeing says, "The charge that Wal–Mart puts local 'mom–and–pop' stores out of business is a validation of the company, not a demonizing of it." This states that variety Wal–Mart deems itself more powerful than the smaller and less successful businesses. Despite Wal–Mart providing countless amounts of products to its customers, it is still resulting in the closing of buisnesses. Wal– Mart's biggest suppliers are outsourced. This is takes jobs away from the working class. In the documentary Is Wal–Mart Good for America? The host states, "But from 2002 faced sharp foreign completion"(42:18–42:24). The documentary refers to a small–town factory that was closed due to the opening of a local Wal–Mart. An additional positive aspect of Wal–Mart is the number of jobs it has created. Wal–Mart has undoubtedly supplied millions of jobs. Hoeing States, "Wal–Mart hires workers on a voluntary basis, and right now 1.3 million Americans have willingly chosen to work there." Wal–Mart does offer a large supply of jobs to those who have little to no other ... Get more on HelpWriting.net ...
  • 59.
  • 60. Ethical and Legal Issues Within Wal-Mart Introduction Wal–Mart is commonly known for its low prices, clean appearance, and large variety of products; however, the super store has constituently been the center of many ethical issues. From working conditions, wages, benefits, product issues, and even bribery, Wal–Mart has been shrouded in ethical disputes for years. In the next few pages I intend on discussing these issues, the impact they have had on the company, and the actions that management has taken in response to them. Predatory Pricing To begin discussing the ethical issues that Wal–Mart has faced in regards to predatory pricing, we must first understand what predatory pricing is. According to Investopedia.com; predatory pricing is "the act of setting prices low in an ... Show more content on Helpwriting.net ... In fact, in 2012, 80 employees walked out of a Wal–Mart to protest the substandard conditions in which they were forced to work (Miles, 2012). As stated in an article published in the Huffington Post; "workers are forced to work in 120–degree heat without a fan, that the heat and pollutants make the workers vomit and get bloody noses, and that workers are made to work without clean water or regular breaks and with faulty, dangerous equipment" (Miles, 2012). More recently in Illinois, 100 Wal–Mart employees protested outside of Wal–Mart express, demanding better wages and improved working conditions. One protester, Larry Born, described Wal–Mart as a "predatory employer" who "pays slave wages". Mr. Born also stated that " is repeatedly asked to work eight or nine days in a row" (Rezin, 2013) . This protest in Illinois was held at the same time as another which was taking place in Arkansas, for the same reasons. Issues with Local Communities Generally people are excited when they hear that a Wal–Mart is being built in their community. They envision jobs, savings, convenience, and one stop shopping, and although this is all true; studies have shown that Wal–Mart can have extremely negative effects on the communities in which they are built. In fact, research was done in 2012 to examine the impact a new Wal–Mart would ... Get more on HelpWriting.net ...
  • 61.
  • 62. Strategic HR Management Case Study: HR Planning and... STRATEGIC HR MANAGEMENT RESEARCH PAPER OF ALPHA GROUP (FIRST DRAFT) HR PLANNING AND STRATEGIC CHANGE FOR WAL–MART [pic] Bouffard, Jason Fiel, Zachary Kizil, Cevdet Pimental, Kristen Swihart, Jason Southern New Hampshire University Strategic Human Resource Management – Dr. Annette West October 29, 2006 CONTENTS I. Abstract II. Wal–Mart Employee Selection, Training, and Development III. Wal–Mart Human Resources Planning IV. Wal–Mart Performance & Compensation Management V. Wal–Mart – Strategy & Strategic Changes VI. Wal–Mart: A Strategic and Financial Summary VII. Recommendations VIII. Conclusion IX. References I. Abstract The primary objective ... Show more content on Helpwriting.net ... "Wal–Mart grew its training and development program the way it grew the corporation: from store level up." (Speizer, P. 2) Wal–Mart is such a large organization that their training and development needs to be top notch and have great influence on their staff. An author of Wal–Mart and a worker said, "Their training and development is making a significant commitment and it will be a radar screen for all other organizations." The company is using a combination of outside vendors and systems it has created on its own in the overhaul of training and development. (Speizer, P. 2) Their new method of training was brought to them by Nike. The process goes something like this, "Each segment is three to seven minutes long and gives the associates the basic knowledge they need about various products. As new products are introduced each season, the training is updated and Nike customized the program for each retailer. Associates are then quizzed at the end of the training and asked for feedback, which gets sent back to managers and they are able to adjust things if needed." (Marquez, P. 2) This process is an outstanding format; internet is the new way of communicating and training. This type of training is called e–training and is definitely shown to be efficient. Other companies such as Cingular and Nike have taken part in this ... Get more on HelpWriting.net ...
  • 63.
  • 64. Essay about Walmart Case Study 1. Do you think Wal–Mart is doing more to become more sustainable? Yes, I do believe Wal–Mart is doing enough to become more sustainable. Wal–Mart is one of the most powerful companies internationally. As with all things that come with power, Wal–Mart's business practices are scrutinized thoroughly. This includes their relationships with suppliers, employees, consumers, and the environment. In recent years, the environment has become such a big issue that Wal–Mart, as well as other companies have had to respond to this growing concern. Part of the reason Wal–Mart has not only stayed around but has continued to grow over the years has been its ability to adapt to change in times. This ability has helped them with their environmental ... Show more content on Helpwriting.net ... They are pushing their suppliers to make greener products and to reduce packaging. 2. What are the problems that Wal–Mart has faced, and what has the company done to address them? There are sometimes consequences of trying to lower costs to the consumers. One such consequence is that Wal–Mart has been under fire for their employee treatment. They were criticized for low wages and lack of benefits. After it became public about the handling of employees, they suffered a severe decrease in their stocks. In 2006, to help improve relations, Wal–Mart raised pay tied to performance and expanded and improved their health benefits package. They have also been accused of not sticking to proper workplace conditions, discrimination and employing illegal immigrants. In these three cases, Wal–Mart instead of actively addressing these issues, responded by deflecting that they were at fault. Another problem that Wal–Mart faces is one shared by all people. There is a concern for the environmental well–being of the Earth. There is much press about corporations that have violated safe environmental practices. Their "receipt, transportation, handling, identification, recycling, treatment, storage and disposal" of hazardous material has been under scrutiny. Also their greatest associated environmental concern is urban sprawl. They have counteracted these problems by trying to become a greener company. They are working to reduce greenhouse ... Get more on HelpWriting.net ...
  • 65.
  • 66. Disadvantages Of Job Evaluation As the company expands, so do its Human Resource needs for specific knowledge, skills and abilities for a truly global workforce. It is important to note that a job evaluation attempts to assess the job and not the people, thus it is the output provided by job analysis. Each job within Walmart have some level of worth to the company, however these jobs do not have the same worth and thus it is ultimately imperative to establish their value through job evaluation. There are many important reasons for conducting a job evaluation, one of which would be that it is used to justify an existing pay rate structure or to develop one that provides for internal equity. According to John Stacey Adams who proposed the equity theory he states that there are generally issues at work respectfully in terms of input and output ratio in comparison with others and here job evaluation can be used to establish ... Show more content on Helpwriting.net ... Like everything there are both advantages and disadvantages. One advantage of conducting a yearly job evaluation would be that the employers can note where job positions tasks, duties and responsibilities may overlap, so as to ensure that the worth of the position matches the competencies of the employee, since more challenging work would be better undertaken by someone with more experience, knowledge, skills and abilities in that area. Thus, a yearly job evaluation would assist in that matter and a comparison year to year period can also be done so as to ensure Walmart knows where they can improve, and continue to be successful. A limitation however to conducting a yearly job evaluation would be that it takes a lengthy amount of time to complete and thus in piloting one every year there would be little room for comparison purposes and for identifying those employees that need to be trained or retrained in their certain ... Get more on HelpWriting.net ...
  • 67.
  • 68. Essay about The Walmart Case Study Wal–Mart Case Study 1 What threats and challenges is Wal–Mart currently facing Wal–Mart "Wal– Mart, is an American retail corporation that runs chains of large discount department stores. The company is the world's second largest public corporation, according to the Fortune Global 500 list in 2013, the biggest private employer in the world with over two million employees, and the largest retailer in the world. The company was founded by Sam Walton in 1962, incorporated on October 31, 1969, is also the largest grocery retailer in the United States" (Wikipedia, 08). A leader with a solid vision, Sam Walton started the company, and made it into the forerunner in discount retailing that it is ... Show more content on Helpwriting.net ... A 2010 study revealed that the chain's "Miley Cyrus" collection of necklaces and bracelets contained harmful amounts of the toxic metal cadmium which, with long–term exposure, could lead to kidney failure. Many have also argued that Wal–Mart's proposal for lower prices was the reason behind the closings of many, smaller grocery, retail, and hardware stores which had previously been pillars in their respective communities. Furthermore, in a internal Wal–Mart memo disclosing the company's spending habits concerning health care and other benefits, it was reported "that Wal–Mart, the world's largest retailer, had to walk a fine line in restraining benefit costs because critics had attacked it for being stingy on wages and health coverage. Ms. Chambers acknowledged that 46 percent of the children of Wal–Mart's 1.33 million United States employees were uninsured or on Medicaid" (Greensboro & Barbaro, 2005). The company has also encountered claims involving subjecting its employees to poor working conditions, and low wages due to limited lunch breaks, and uncompensated overtime. In 2012, the New York times reported a circumstance in which Wal– Mart had assumedly been aware of and never detailed. One of its subsidiaries, Wal–Mart Mexico, had been allegedly paid millions in bribes to local officials to expedite construction ... Get more on HelpWriting.net ...
  • 69.
  • 70. Large Corporations Essay LARGE CORPORATIONS MEAN BUSINESS! ANTHONY J. FRANKO ENG 122: ENLISH COMPOSITION II INSTRUCTOR SHANNON BILUNAS JANUARY 7, 2013 Large corporations such as Wal–Mart or Home Depot often come under criticism for putting mom– and–pop shops out of business. While this may be a valid criticism, the consumers neglect to realize that they play the biggest part in shutting these businesses down. Consumers across the country are always looking for the best deals or the lowest prices, and in most cases the larger corporations are where products can be found at the lowest price. Many small business owners and the populations of small towns dislike large corporations moving into the area because they believe it negatively effects the local ... Show more content on Helpwriting.net ... This leads to a stronger local economy, and ultimately a thriving community. Stores like Wal–Mart are famous for keeping their prices so low. This is one reason why they are able to maintain a grip on the consumers of an area. They accomplish this by keeping the cost to produce and transport the goods low. In January, a study by the Los Angeles County Economic Development Corp. found that, "an individual family could save $589 a year on groceries by shopping at a supercenter. Overall, shoppers could save $3.76 billion in merchandise nationwide." (Blazier, A, 2004) A major reason they can keep prices lower than mom–and–pop run businesses is their ability to buy merchandise in bulk. Buying in bulk works the same way it does for a consumer. The more of a product that is purchased, the less the cost is per unit. Consumers see this every day when they go to stores like Sam's Club or Costco. When they buy their merchandise in bulk, they are able to offer it to the consumer at a lower price. (Kale, 2011) This is what could eventually drive the mom–and–pop owned businesses out of the area, and draw a negative criticism from the public. The interesting thing about this criticism is that the public complains about Wal–Mart ... Get more on HelpWriting.net ...
  • 71.
  • 72. Wal Mart 's Marketing Strategy Essay Wal–Mart dominates the American retailing industry due to a number of factors (Smith & Young, 2004). Its business model has been very effective in beating the prices of its rivals. Wal–Mart has made strategic attempts in its formulation to dominate the retail market where it has its presence. The company has grown by expansion in the U.S., as well as internationally. As a result, Wal–Mart has gained a widespread name, recognition, and customer satisfaction in relation to branching into new sectors of retailing. Wal–Mart strives on three generic strategies consisting of focus strategy, the differentiation strategy, and overall cost leadership. However, its low prices show both good and bad outcomes for society (Ferrell, Fraedrich, & Ferrell, 2013). Wal–Mart strives hard to make their organizations unique and distinctive. They force their suppliers to keep their prices low. If suppliers fail to do so they discontinue the product or switch to a new supplier who is willing to provide the price they want. Although Wal–Mart has made enormous profits, they have lacked in areas, failing to provide their employees with the best working conditions and increased benefits. In addition, the company has had issues with the law as it relates to discrimination with female, disabled, and immigrant workers. Despite the downfalls, Wal–Mart now has over 4000 stores and outlets in U.S.. and other countries through acquisition and mergers using their low price strategies. Wal–Mart's focus on ... Get more on HelpWriting.net ...
  • 73.
  • 74. External/Internal Factors Paper Internal and external factors can affect the four functions of management within any business. With the Wal–Mart Corporation; globalization, technology, innovation, diversity, and ethics are key factors that the corporation must consider if it plans to succeed and stay competitive with other industries in its area. If these areas are not considered, the Wal–Mart Corporation would discover that its company would not remain as strong as it has proven itself to be. Effect of Internal/External Factors Managers must deal with several factors that will impact the four functions of management, and both internal and external stimuli have a large influence on planning, organizing, control and leading. Internal stimuli can include ... Show more content on Helpwriting.net ... The stores began using bar codes on products to follow the inventory and they were using handheld units in order to reorder products. By 1987 Wal–Mart had the world's largest private satellite communication system in the United States (Wailgum, T., 2007). This communication linked all the stores to the central headquarters so that the store's entire inventory was going to one place. This was helpful in keeping better track of the inventory and profits in all the locations. Walton wanted to be able to get his product to everyone all over the world and to people who use the internet. This is where Wal–Mart.com came into the picture and becoming a technology leader. This puts Wal–Mart in the lead for technology. Wal–Mart was once the world's top retailer that used technology to reinvent global supply chains. However, the world has now caught up with the leader and is forcing stores to focus more on their customers. Wal–Mart is no longer the leader and it now faces a crossroads in the technology field (Wailgum, T. 2007). Innovation Wal–Mart brings innovation to the forefront in the way it deals with its suppliers. Wal–Mart has such power on the market it can bring lower prices due to innovation in the form of going over seas for cheaper products, even though this may be considered immoral to many. Wal– Mart's first responsibility is to its shareholders. Wal–Mart demands its suppliers provide cheaper goods, at faster paces ... Get more on HelpWriting.net ...
  • 75.
  • 76. Business Questionaire Business Now: Change Is the Only Constant Review Questions 1. What factors contribute to the rapid pace of change in business? Is the pace likely to accelerate or decrease over the next decade? Why? 2. What role does entrepreneurship play in the economy? Who stands to gain from the success of individual entrepreneurs? How do other parties benefit? 3. When did American business begin to concentrate on customer needs? Why? 4. How do nonprofit organizations compare to businesses? What role do nonprofits play in the economy? How do they interact with businesses? 5. What are the factors of production? How can economies grow when one or more of the factors is weak? 6. What are the 5 dimensions of the business environment? ... Show more content on Helpwriting.net ... Then work together to figure out how you can change the product so that it better meets customer needs. Consider changing everything from the product features to the advertising venues. Write a paragraph that describes the revamped product, and draft a new slogan. Share your results with the class. Case Connections Wal–Mart: Angel or Demon? You Decide . . . For better or for worse, Wal–Mart dominates the retail industry. With annual revenue of more than $315 billion, Wal–Mart ranks No. 2 on the Fortune 500 list of the largest U.S. corporations. Wal– Mart is also the largest corporate employer in the nation, with more than 1.3 million people on its payroll (only the federal government employs more people). On the global front, Wal–Mart operates nearly 3,000 international stores, buys products from 70 countries, and generates about 20% of its sales from abroad. Given Wal–Mart's aggressive expansion plans, those numbers are only likely to
  • 77. grow. But beyond the basic facts, general agreement about Wal–Mart ends. Supporters portray Wal–Mart as a solid corporate citizen that fuels economic growth, while detractors criticize every dimension of Wal–Mart operations. The key arguments: Wal–Mart supporters: Wal–Mart boosts the standard of living for its customers by offering a plethora of quality products at the lowest possible prices. And by forcing its suppliers to become more efficient, Wal–Mart drives greater productivity and ... Get more on HelpWriting.net ...
  • 78.
  • 79. Wal Mart : Discounting The American Dream "The World of Wal–Mart: Discounting the American Dream" is certainly a critical look at the infamous multinational corporation, but its focus shifts away from the simple takedown we're used to and into an anthropological explanation of how Wal–Mart came to be the nexus of the American dream. Nicholas Copeland and Christine Labuski describe Wal–Mart's rise to ubiquity as a controlled process of normalization, convenient social interest, and an uncompromising vision of neoliberal capitalism. Copeland and Labuski take a critical angle, highlighting the most notorious of the public's grievances against Wal–Mart and explaining them in terms of their anthropological and sociological consequences. However, little attention is given to a world after Wal–Mart. The final chapter offers the suggestion that the different groups that cite Wal–Mart as their victimizer may team up, but gives no solutions or advice as to where to go from there. The book seems to suffer from the very problems it intends to expose: Wal–Mart has made itself just too big and too symbolic for anyone, including the authors, to even conceive of what can be done to stop or reform them. One only needs to look out on the American landscape to see Wal–Mart 's overwhelming presence. For many people, a world without Wal–Mart seems almost incomprehensible. It begs the question: how did this happen? What makes Wal–Mart so central to modern America? Copeland and Labuski lay it out in terms of a very particular process of ... Get more on HelpWriting.net ...