However, to obtain these low prices, Wal-Mart must cut expenses, which it does across the board, including the pay and benefits to its workers in the United States. Wal-Mart 's low prices have often saved consumers money at the counter when they purchase goods, as
The pay that employees get is the price they must pay for low priced merchandise. Because of the minimal pay to employees, Wal-Mart strengthens its’ consumer buying power. Giving the American shoppers the savings they need, Wal-Mart’s has ultimately been them successful. Wal-Mart has potentially wiped out the middle class as an employer, but the employees can now work and ... ... middle of paper ... .... Food 4 less lets the government and taxpayers deal with employee’s financial and medical assistance. Taxpayers are paying the price for Wal-Mart and Food 4 Less.
Wal-Mart is good for the economy and good to it workers. Wal-Mart hires many people from different walks of life and offers their workers many benefits that others retailers don’t offer. Wal-Mart with their low prices benefits consumers and help consumers to save. Wal-Mart is a positive to local economies and improves profits of local businesses. Wal-Mart is not a monster as critics’ states and all these attacks by critics are incorrect.
Associates everyday life and survival suffers from working at Walmart. The average employee makes 25% less than the average retail worker. “Anthony Goytia earns $9.60 an hour which gives his family 12,000 dollars a year to live off of. They rely on state run health insurance and food stamps.” Communities that allow Wal-Mart into their town get tax breaks and low cost financing as well as grants from state and local government which in turn further promotes the problem because even though jobs are created they are not jobs anyone can sustain a family on. Walmart is the largest American corporation and the owners are among America’s richest families.
The alternative norms are that Costco operations are entirely based on the warehouse model and membership fees offer customer more of an economic advantage to customers than Wal-Mart everyday low prices and flexible payment with suppliers. My objective is to analyze the two retail giants’ methodology to satisfy and maintain customer although that I anticipate Wal-Mart’s to be a better buy than Costco because of the gargantuan scale of Wal-Mart has constructed its commerce on saving the customer
Walmart female employees perform the same duties as their counterparts but they are not making the same in salaries they feel as if they are being underpaid and mistreated. Walmart is not unionized to secure the benefits and rights of the workplace that will make Walmart a better to work and the workers will feel more appreciated. Walmart is a very convenient place to shop has low price and have become America’s favorite store. Sam Walton the founder of Walmart started with just ambition drive and a dream now has become one of the richest men that ever lived. Walmart’s are located almost in every town and all over every city in America.
Walmart is a place to shop for convenience and to save money, which explains why the company is among the most profitable organizations in the world. People argue about the controversial topic: how does Walmart affect America? Some say it has positive outcomes; others disagree. Walmart overall has a negative effect on American society. Walmart has one of the lowest prices of goods and products in the retail business.
It constantly improves the productivity of American retailing, encourages competition and outsourcing, provides quality items at a low cost, is a stepping stone for retail workers, and creates business opportunities for other companies. Voted “America’s Largest Corporate Cash Giver” by Forbes magazine in 2003, Wal-Mart is also very generous to charities around the world. Wal-Mart is not detrimental to our economy or our country. It is a fundamental puzzle piece that is merely a strong player in today’s neoliberal game of capitalism. Lets face it, the good old days when producers dictated what appeared on the shelves of stores is now over, and in place is a buyer-driven chain where the consumer dominates.
I don't see Wal-Mart as a huge retailer trying to take over the world with cheap prices. I see Wal-Mart as business that has played their cards the way they were dealt. Our economy is poor right now; banks are hurting because people a... ... middle of paper ... ...oyees and have many scholarships available to help put their workers though school, leading to a better career. I don't mind seeing a "monopsony" rise to power as long as it's going to be Wal-Mart. Works Cited Barry C Lynn.
Their motto of “Always low prices, always” have created soaring profits at the expense of their employees. Most Americans loves the convenience and low prices offered by Wal-Mart. Do Americans know what it actually costs for Wal-Mart to keep prices so low? With thousands of lawsuits filed each year it is a wonder why Wal-Mart refuses to change its practices. It is fairly safe to say that Sam Walton would not approve of how his company has been completely changed from its original intent by such a large margin.