Impact of Wal Mart on Society

Impact of Wal Mart on Society

Length: 1260 words (3.6 double-spaced pages)

Rating: Excellent

Open Document

Essay Preview

More ↓
Identify the products and services sold by group and category

Wal-mart’s products services ranges from a variety of items. Throughout Wal-marts

stores which includes: super-centers, neighborhood markets and Sam club’s in the Untied States

they offer over 50,000 different items. The product offered by Wal-mart can be grouped from

electronic, movies, music, books, toys, baby necessaries, jewelry, sports , things for the home,

garden and patio, gift registry, video games, books, apparel(for men and women) travel, vision

center, music, seasonal items, pharmacy and a photo center. Groceries can be found in the

super-centers as in the neighborhood markets.
     Within each individual group exists a category of products. Under electronic fall six

different categories which include, computers, televisions, cameras and photo, audio equipment,

DVD and VCR’s players and accessories (speakers boxes, camcorders etc.). Movies include

DVD’s CDs and VHS videos. Music can be found in the order of new releases, seasonal tracks

( Christmas, thanksgiving, Halloween etc. ), music categories ® & B, Country, Pop, etc) and

featured music. Music can also be downloaded thru the use of for eighty-eight

cents a song. Books can be categories by their hot titles, educational, and bargain books. Toys

includes dolls, kids’ electronics, bikes and scooters, remote and radio control vehicles, vehicles,

action figures, learning toys, kids’ furniture, games, preschool, activities, building sets, outdoor

play and video games. Baby necessities includes nursery, car seats, strollers, toddlers and

pregnancy. Wal-mart’s jewelry collection category ranges from occasion ( wedding rings,

engagement rings, anniversary gifts and promise rings). They also sell pendants necklaces,

bracelets, jewelry boxes and everyday rings and watches. The sports group consist of exercise

and fitness equipment, game room activities, paint balls, bikes, scooters and trampolines. Wal-

mart’s home department carries appliances and housewares bed and bath furniture, decor,

vacuum cleaners, grilling, lawn equipment, metal detectors massage and spa care, heaters along

with patio decor. Last but not least is the apparel. The apparel can be categorizes into nine

different sections which include women, women plus size, petite, juniors, juniors plus and

maternity, men, men big and tall girls and boys and by brand name ( wrangler, white stag, faded

glory, riders, George, Mary -Kate and Ashley etc.).

     Wal-mart offers financial services such as the Wal-mart credit card, shopping cards and

checking account payments. The payment methods that they offer include express billing and

the “Wal-mart financial services en espanol.” Online financial services include credit reports

How to Cite this Page

MLA Citation:
"Impact of Wal Mart on Society." 28 Mar 2020

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Walmart Overtime And Its Impact On The Society Essay

- People like to think of Walmart as a store with many variety, because you can get almost anything for low prices. Although Walmart is an American Retail corporation, there are many branches of Walmart, not only in the United states but also other places around the Globe, making it the largest company by Revenue. Because of its variety in products and worldwide locations, Walmart has a significant effect on the society, both economically and most importantly the impact of environmental issues. Like many other Global Industry, Walmart overtime has develop strategic ways in the sustainability of the environment not only for the environmental issue we face, but also a market strategy which forms...   [tags: Wal-Mart, Sustainability, Sam Walton]

Research Papers
1071 words (3.1 pages)

Walmart 's Impact On American Society Essay

- 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. Jeffrey Garten a dean at Yale says, “The essence of Wal-Mart is it is propelled by one thing: offering products at the lowest possible price” (24)....   [tags: Wal-Mart, Employment, Negative feedback]

Research Papers
874 words (2.5 pages)

Wal-Mart is a Menace to Society Essay example

- "Paying your employees well is not only the right thing to do but it makes for good business." -- Jim Sinegal, CEO, Costco Throughout the history of America, there have been many businesses that come and go. Success is not guaranteed to everyone. But in the case of Sam Walton, it was different. Sam Walton was the founder the most controversial supermarket chain in existence: Wal-Mart. From the buyer's perspective, Wal-Mart is just a generous business chain which has extremely low prices....   [tags: Argumentative Persuasive Essays, 2015]

Research Papers
1028 words (2.9 pages)

The Wal-Mart Effect Essay

- “Our competitors are better because Wal-Mart exists” stated by the chief financial officer of Wal-Mart. Wal-Mart is a retail store, which provides groceries, electronics, household appliances, and high quality items to consumers. The retail chain has made a household name within every house by selling products all over the world at a bargain price. Wal-Mart’s strength and pace of growth contributed to a retail store in every city and state across America. Wal-Mart is a powerful conglomerate, which contributes to businesses and people on a global scale through supporting the economy, creating jobs, and bettering the lives of millions....   [tags: Financial Officers, Retail Store]

Research Papers
1090 words (3.1 pages)

Essay on Unethical Business Practices by Wal-Mart

- Businesses should be held accountable for certain standards in relation to their impact to society and/or give back to society. Without consumers purchasing their products, businesses would not be able to survive. Society and business are interdependent upon each other, and sometimes impact negatively and positively, but should have a duty to want to take a responsibility to “do the right thing”. Citizens are bound by judicial case law; businesses should be bound by certain moral obligations to society to encourage ethical behavior....   [tags: society, business, minimal wages]

Research Papers
1426 words (4.1 pages)

Unethical Business Practices by Wal-Mart Essay

- ... So, one would have to think this is not due to the lack of knowledge of the practices in the factories, but the choice to ignore and not care of these practices. In 2012, Wal-Mart choose to “make payments to Mexican officials of more than $24 million noted by The New York Times and in Asia there were 90 reports within a year and half period” (Sethi) to cover situations up demonstrating that money talks. Businesses should have certain ethical guidelines to enforce manufacturers to adhere to or refuse to do business with these manufacturers if certain standards cannot be met....   [tags: profit, investigation, labor]

Research Papers
640 words (1.8 pages)

Corporate Social Responsibilities of Wal-Mart Essay

- ... That is to say that Wal-Mart must operate under current legal requirements in each location and community it serves. This includes local legal requirements for corporate law as well as environmental and employment laws. From an Ethical standpoint, Wal-Mart must meet all social expectations for how it treats its employees and the community. Good ethical companies cannot merely limit their ethical responsibilities to those limitations of the law but must also be good stewards of the community and strive to make employees feel happy and whole....   [tags: protecting the community and environment]

Research Papers
784 words (2.2 pages)

Wal Mart : The Biggest Organization And Private Boss Essay

- Wal-Mart, the world 's biggest retailer, is the biggest organization and private boss in the United States. Wal-Mart is reliably recorded among America 's most respected organizations by Fortune magazine. In the meantime, it is much of the time the objective of feedback and criticism for its work practices and its impact on the bigger economy and group. With having such a strict approach, Wal-Mart faces many claims every year from unscrupulous business rehearses. Wal-Mart 's appraising as an organization that customers trust and regard has relentlessly declined in the most recent couple of years....   [tags: Morality, Ethics, Moral, Laborer]

Research Papers
1116 words (3.2 pages)

Wal-Mart's Planning Levels Essay

- Wal-Mart as a company employs several different levels of planning to ensure the completion of the many goals is put into motion each year. After the upper management members have attended the massive planning meetings that Wal-Mart holds in order to put projects in motion, they will relay the messages to the next layer of management. It is this level of management, better known as middle management, which we will concentrate on for this paper as they are the ones who will implement the tactical phase of any plan....   [tags: essays research papers]

Research Papers
1261 words (3.6 pages)

Essay on Conflict of Interest with different stakeholders

- Introduction Although primary objective for managers is to maximise shareholders’ wealth, but many firms are started to focus on other stakeholders’ interests in recent years. Company can prevent transfer the damage of stakeholders’ wealth to shareholders when focus on stakeholders’ interests. In other words, “social responsibility” for the companies is to maintenance stakeholders’ relations in order to provide long-term interests to shareholders. By this way, conflict, turnover and litigation of stakeholders can be minimise....   [tags: Business, Shareholders, Wal-Mart]

Research Papers
1930 words (5.5 pages)

Related Searches

and check printing.

Explain Wal-mart concept of the channels     

     Wal-mart’s hub and spoke distribution system has become a company trademark. Wal-

mart developed a satellite system connecting all stores was initially installed in 1983, and

grew into a complex communication network that included all stores, headquarters, and

distribution centers, as well suppliers. This system facilitated a modified just-in-time process of

inventory control. Put simply, as each store sells an item, a message is automatically sent to the

supplier of that item, who then knows to include a replacement in the next shipment (usually

that day) to the nearest distribution hub. This degree of connectivity allows rapid response to

inventory needs, and reduces dramatically the amount of inventory required.

     A second area of major investment was in distribution technology. Wal-Mart established

a network of innovative hubs which used “cross-docking” to minimize distribution center

inventory and to facilitate the need-based inventory delivery system enabled by the satellite

network. In this model, as shipments arrive at the warehouse, merchandise is moved directly to

the trucks carrying the outbound shipments to specific stores. In many cases, the same trucks can

even be used for inbound and outbound shipments, including those carrying new merchandise to

stores and those carrying returned, outdated, or unneeded merchandise from stores, thus

minimizing round-trip shipping costs.

     Wal-Mart operates as an aggregator, distributor, and retailer of consumer goods. Due to

its size, the connectivity involved in its operations, and to the enthusiasm with which it has

traditionally negotiated supplier contracts. Wal-Mart has established itself in a key position in

the value chain of its suppliers. It is Procter and Gamble largest customer, and holds a significant

power position relative to other smaller suppliers. This position has enabled Wal-Mart to obtain

superior price breaks relative to the competition on the products it carries. It’s size has obviated

the need for separate distributors or wholesalers in the value chain. Coupled with the efficiency
of its distribution network and store model, Wal-Mart has achieved a well-entrenched position in

the value chain of its customers as well that of the lowest cost consumer goods retailer.

Therefore, the value that Wal-Mart provides is designed into two-steps. First, it provides value to

its suppliers by operating as a large, relatively stable, nearly omnipresent channel for sales of

goods, which provides rapid feedback on unit sales and localized demand. Secondly, Wal-Mart

provides value to customers by offering aggregation of a wide variety of consumer goods in a

single location, and selling those goods at the lowest prices.

Explain Wal-mart advertising and marketing strategies used, talk about the strengths and weakness of these strategies
Wal-mart’s market share is about 40% as of June 2004. It also known for it’s double

dight growth rate every year for the past 15 years. Wal-mart marketing strategies include

delivering on its promise to customers, “a wide assortment of good quality merchandise; the

lowest possible prices; guaranteed satisfaction with what you buy; friendly and knowledgeable

service; convenient hours; free parking; and a pleasant shopping experience.”Wal-mart is known

as a low-price leader within the industry. By lowering cost and increasing productivity it equals

to net sales of an increasing 23% yearly.

One of Wal-Mart’s core competencies is its operational ability to streamline the supply

chain through cross-docking inventory systems and efficient means of communication through

technology. This helped to reach consumers and to develop a more efficient and effective
relationship between them and their consumers.Wal-mart began using the internet in June 1996

to make shopping more covenant for consumers and to find out store information. This was used

in advertising and promotion of various products. This internet process was done at first to keep
up with their competition ( Toys-R- rus, and Target). It is proven to be one of the

best web-sites for good products at reasonable prices. Wal-mart has a sales worth of 138 billion

and is the biggest retailer on Earth. The strength in which Wal-marts process is the power that

they have over their suppliers. It is positioned to dictate whom they do business with and how

that business is conducted.

     The weakness of these strategies include the competition, company size, image, and

international challenges. Wal-mart’s plans of saturate a geographical area has forced prices to

increase and has prompted the need for a more aggressive advertising campaign. This can lead

into bad publicity. Due to the size of this company it has prompted management to divide the

company into three divisions. This creates conflict of management style and extra layers of

management. As Wal-mart begins to expand it’s markets small retailers are feeling threaten.

Some of these small retailers have launch campaigns to keep retail giants like Wal-mart out of

there communities. Wal-mart has a hard time in breaking down international barriers. Wal-mart

is so set on the cultural values of America that exploring countries outside the untied states

seem very hard to break

Resources, “New Wal-Mart Fulfillment Distribution Center to Provide Service to”. August 2, 2003.

Business Week. “Why Banana Republic’s Star Jumped to Wal-Mart” November 6, 2003.

Wal*Mart Stores, Inc.,” Harvard Business School Case 9-794-024, Rev. August 6, 2002.

Red Herring. “Shop Talk: Analysis “. June 11, 2004.

Return to