The Business Practices of Wal-Mart
Wal-Mart is known as one if not the largest retailing store in the world. As provider of jobs, it is also known as the second largest, next to the federal government of the United Stated. With its business strategies, it has dominated and the world as it is unstoppable in its expansion. The Independent Television Services in a publication confirms this point when it wrote: “Colonizing the world through relentless expansion, Wal-Mart opens a new megastore every two business days and has expanded on average into one new country every year. A truly global company, Wal-Mart has redefined the shopping experience for the American consumer.
” (Independent Television Service, 2008). Wal-Mart expands to bring more jobs to more people. It provides better roads and other infrastructure to the cities. Many are happy for what it could provide to the Americans, better access of quality goods and better facilities. However while many finds better opportunity with the building of more Wal-Mart stores in different cities, not may are too glad of what Wal-Mart has achieved and what Wal-Mart take back in return. Many Americans are also opposed to what Wal-Mart has caused to the environment and to the different communities as expressed by the residents of Ashland.
Many think that the jobs that Wal-Mart offers only replaces better paying jobs that the people of the community already have. Statement of the Problem It is a fact that Wal-Mart provides job to many Americans but the impact of business practices must yet to be scrutinized if only to find out why many oppose the development and expansion of this company. It is the purpose of this paper then to investigate on the business practices of Wal-Mart to be able to draw conclusion as to the impact of such practices to the American economy.
Specifically this paper shall attempt to answer the following questions: 1. What are the business practices of Wal-Mart? a. What are their products and services? b. Where do they get their supplies c. How do they penetrate the market d. How do they handle their employees? 2. How do the American people perceive Wal-Mart? 3. What does Wal-Mart bring about to the economy of the American Relevance of the Study Political problems not only in America but in many countries have brought to the decline of economic activities. Many people are left jobless.
Many children are not sent to school for lack of food and resources. In many countries, people call for development. They clamor for the buildings of more roads and more stores to answer there needs. It is rather ironical that as other countries and other people crave for a store such as Wal-Mart, many Americana also are opposed of their projects of expanding their stretch in order to provide more jobs for the American people. This paper then is relevant as it shall provide the American society of the sentiment of the people as regards to the business practices of Wal-Mart.
This paper is significant as it shall enlighten the people why despite the goals and objectives of the company to improve the lives of the Americans many still are opposed to their business practices. This paper shall serve as guide to other researchers who will attempt to investigate business practices that could hamper or hasten economic upliftment of the greater majority of the American society. Most importantly this paper shall awaken the public of the real truth of what Wal-Mart has done to the American economy and to the American people.