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Culture of walmart
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Walmart profits billions of dollars each year yet they pay low wages discriminate against their female employees by underpaying them and not being paid the same amount as their counterparts. Walmart rarely hire fulltime employees which means no benefits and no vacations leaving the employees to depend on assistance from the government. Walmart has been sued for gender discrimination alleging female employees were discriminated against in the matters regarding pay and promotion. Women employees sued for equal pay they also want to be considered for promotions. 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 slogan is “Save people money so they can live better” and has currently found new ways to better the company such as “Walmart to go” online shopping. Competitors of Walmart suffer because of Walmart low prices and the fact that have formed a sense of genius. Walmart popularity has impacted the economy in a huge way in positive and a negative way. Walmart has a lot of criticism from many different parties about how the company is ran and the fact that Walmart does not have a union. Walmart is one of... ... middle of paper ... ...owntown Walmart businesses thus hurting local economies. Walmart has been the subject of criticism of numerous groups and individuals among labor unions. They have also been chastised by the employees that work for them and customers. They have protested against company policies and business practices including racial and gender discrimination. (Richard Vedder, Wedell Cox ) Walmart has local stores in every community. It’s not hard to find a Walmart in town and in many different locations within a city. Local Walmart’s are convenient for shoppers and making shoppers browse. Walmart stores are usually located in a plaza which bring business to surrounding stores. Traveling long distances to shop makes it more difficult and tiresome. Walmart does better then it’s competitors because Walmart stores are more easier to find and they have more locations.
Mallaby admits Wal-Mart can treat their employees and other retailers unfairly, but as a result everyone can share in the 50 billion in savings that American shoppers consume annually. 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 ...
Wal-Mart was conceived and founded by Sam Walton in 1962, at Rogers, Arkansas. Sam Walton started with just a few small variety stores, funded with borrowed money. His goal was to provide affordable products to the public to make life easier. After his success with the first few stores, Sam Walton borrowed more money to build more stores, creating the Wal-Mart empire as we see it today. The retail giant proves its stoic presence in our lives with its $401 billion sales for fiscal year 2009.
Besides all the points that I have stated, Wal-Mart has had to pay fines due to breaking Child Labor laws and Illegal Immigrant laws; fines up to $11.5 million for just those two types of laws. Wal-Mart is not good for this economy, for the people, and the company, in a whole, is criminal. If the people let Wal-Mart stay on the track it is on, the United States will not have anything but Wal-Marts. Wal-Mart will become a monopoly and put everyone, who started with something more than greed, out-of-business.
According to Smithson, Walmart can expand its markets to new and emerging markets especially in the third world countries, which can significantly increase its revenues. Secondly, the company can reform is employment practices and improve the quality standard and in doing so, attract more customers and improve its brand image. On the other hand, the company faces threats such as the rising healthy lifestyle trend I that the company in most cases does not provide customers with healthy goods. At the same time, the company can capitalize on this aspect and increase its revenues. Aggressive competition from other discount retailers such as Target creates a great threat to the company (Smithson, 2015).
Wal-Mart represents the sickness of capitalism at its almost fully evolved state. As Jim Hightower said, "Why single out Wal-Mart? Because it's a hog. Despite the homespun image it cultivates in its ads, it operates with an arrogance and avarice that would make Enron blush and John D. Rockefeller envious. It's the world's biggest retail corporation and America's largest private employer; Sam Robson Walton, a member of the ruling family, is one of the richest people on earth. Wal-Mart and the Waltons got to the top the old-fashioned way: by roughing people up. Their low, low prices are the product of two ruthless commandments: Extract the last penny possible from human toil and squeeze the last dime from its thousands of suppliers, who are left with no profit margin unless they adopt the Wal-Mart model of using nonunion labor and shipping production to low-wage hellholes abroad." (The Nation, March 4th 2002 www.thenation.com/doc.mhtml?i=20020304&s=hightower).
To this day, when I walk into Wal-Mart and come face to face with a manager I once worked under they give me dirty looks. People report that managers will trash talk you to another job that applied for if that job contacts Wal-Mart about you. Wal-Mart has unrealistic workloads for some overnight stockers, their managers aren’t the best in the world, and their policies are harsh. This is why I constantly call Wal-Mart a communist regime; not because it shares the ideals but because it is just bad for everyone in general. Hopefully one day a high positioned power will restore the order and peace that once was Wal-Mart according to the history they teach you in training and that their policies and workloads may become more realistic and doable.
But Walmart can negative effect that is felt but all of us. Social conflict theory is the relationships among the part of society; how the elites use their power to control the weaker groups. While many people believe that Walmart is great because they of their low prices, many people think that Walmart is hurtful to Americans and American corporations.
With its headquarters in Bentonville, Arkansas, Wal-Mart was commissioned in the hands of its founder Sam Walton. Generally, the Wal-Mart effect is structured in a manner that it aids economic experts to evaluate attached global and local economic effects to the famous Wal-Mart retail. The term Wal-Mart effect is often employed by analysts to refer to the wide variety of both negative and positive influences of the retail business (Hiltzik 1). Evaluation of the retail’s effects is significant as the business is not only a key figure is the world’s economy but also it is arguably the most performing private economic retail. Briefly, Wal-Mart has conventionally caught the eyes of consumers since it not only boosts their experience by suburbanizing local shopping but also it avails low commodity prices for necessities (Neumark, Junfu, and Stephen 406).
employee help if becomes overwhelming. The selection of other items is definitely bigger at Wal
Walmart has had a long-standing presence in America society since the middle of the 20th century, seen as a place to get everything done, Walmart has become a fixation in our society. From grocery shopping, to changing your oil and even filing your annual tax returns, Walmart is always there, everyday. Started by Sam Walton in 1962, it began as a small operation catering to a small Arkansas community. It was started on principles very similar to small local businesses in small towns. Today Walmart has gotten a different, darker reputation. On the surface, Walmart may seem like the solution to everyday issues. Low-income families are attracted to the low prices, and people who work odd hours benefit greatly from the 24 hours a day that many Walmarts are open. Lately, Walmart has also managed to be publicly recognized as a store that sells many of today’s green products, including organic food, environmental conscious cleaning products, as well as, paper products made from recycled paper. However, underneath all this, Walmart has a different side. Exploitation of its workers is widespread amongst Walmarts who do not belong to a union, especially in the United States. Wal...
Schipani, C. (2013). Class Action Litigation After Dukes: In Search of a Remedy for Gender Discrimination in Employment. University of Michigan Journal of Law Reform, 46(4), 1249-1277.
Everything a household requires on a daily basis can be found inside a Walmart store. Not only is it convenient, but as their old slogan advertises “Always Low Prices” it saves families money when doing their weekly shopping, or does it? A study done by the Los Angeles City Council found that “Walmart is a net loss for the communities it moves into.”. The council found the loss was to the tune of “an additional $9 million in state health care costs and a loss in pensions and retirement benefits so large … the shortfall could not even be covered by increased sales and property taxes.” (Osterndorf).
(Fisher 382) The Wal-Mart workers oppose the corporations “systematic squeezing of its employees to maximize profit.” They had enough and they feel that the corporation has gone too far to maintain their everyday low prices. Wal-Mart workers and community members have held “more than 1,000 demonstrations, including strikes in 100 cities, during the Black Friday shopping rush” to protest of the company's illegal attempts to silence workers. “The corporation does not like anyone speaking out about the company's manipulation of hours and benefits.”
From a consumer standpoint, Walmart has more choices and choices that are close to home so they don’t have to drive as far. A Walmart can also affect prices at competing businesses, the study found, pushing prices at those businesses down by 7 to 13 percent in the long term. Competition can breed innovation and efficiency. The opening of a new Walmart store also means jobs.
Walmart serves about 14 million customers each day. When Sam Walton founded Walmart in 1962 I’m sure he didn’t expect it to become as big of a retail store as it is now. 42 years after being founded, Walmart now has 4,253 stores across the world, and brings in $405 billion dollars a year. This kind of success doesn’t just happen overnight.