Preview

Wal-Mart: The Giant Corporation In Retail Industry

Satisfactory Essays
Open Document
Open Document
263 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Wal-Mart: The Giant Corporation In Retail Industry
Generally, the video provided another side of the giant corporation in retail industry – Wal-Mart, which is not as good as may people used to think. The video has several interviews with former employees, small business owners, and footage of Wal-Mart executives to prove its point of view that Wal-Mart underpay its employees which is also the interesting point of the movie when the directors do not have to say much, they let the insiders say their ideas and thoughts in order to come up with the conclusion unbiasedlly. The most controvery statement or idea in this video should be the sins that Wal-Mart are blamed. The video said that employees of Wal-Mart is living under the government assisstance eventhough they are employed by Wal-Mart the

You May Also Find These Documents Helpful

  • Good Essays

    In “Up Against Wal-Mart” by Karen Olsson, she finds the truth about how Wal-Mart treats its customers and more importantly how the million dollar company treats its employees. In this essay, Olsson strongly believes that Wal-Mart keeps its stores understaffed and their employees overworked and underpaid, with minimal options for reasonable benefits.…

    • 603 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The film captures employees from Wal-Mart who are denied most of their rights. They are dissatisfied with the mechanisms of operation at Wal-Mart like low wages. As a result, they have been forced to rely on programs funded by the government like Medicaid because their…

    • 602 Words
    • 3 Pages
    Good Essays
  • Better Essays

    The article “Up Against Wal-Mart” by Karen Olsson is the detailed explanation of how Wal-Mart treats their customers and more importantly how the million dollar company treats their employees. Olson kicks off the article by telling a story about Jennifer McLaughlin, who is a twenty-two year old Wal-Mart employee. She goes on to explain the daily work tasks that she completes. She complains how Wal-Mart runs their business, and also how terrible the company treats her as an employee. Jennifer is forced to work over time, is underpaid and also treated unfairly. Employees say that they cannot say no after being asked to work off the clock. The workers at Wal-Mart also started to try to create a union which highly concerned Wal-Mart. A union at Wal-Mart was never formed due to the company’s anti-union group that was started and created by Wal-Mart. In ten separate cases, Nation Labor Relations Board has ruled that Wal-Mart repeatedly broke the law by interrogation of workers, confiscating union literature, and firing union supporters (Olsson). The issue of creating a union was not the only concern of the Wal-Mart workers. They also were concerned with how they would pay for health insurance. In Jennifer’s case, for her to have Wal-Mart covered health insurance it would cost her a $85 dollar chunk out of her pay check. The work force does not understand how a company that is account for 2 percent of America’s domestic product and has had 200 billion dollars in sales cannot give their hard working employees good health insurance. This article does make Wal-Mart sound like the bad guy, but I do not think that is completely true. Wal-Mart is running a business, and sometimes running a business means cutting resources.…

    • 1287 Words
    • 6 Pages
    Better Essays
  • Good Essays

    Within Karen Olsson’s “Up Against Wal-Mart” logos the author throws numbers at the audience to appeal to our logical sense of financial instability created by the poor benefits and wages Wal-Mart gives its employees. This is the author’s way of depicting the difficult if not impossible means that these families live. This article is very clearly anti Wal mart, mentioning not one instance of any “good deed” done by the corporation. Using each of the first-hand account the author shows a different aspect of the cruel mistreatment of employees. Even telling us about Wal mart’s tendency to hire a major company to bust up any union supporters in the corporation. Using logos the author shows us all the numbers that appeal to our financial reasoning, presenting these numbers that lead us to the conclusion that the workers at Walmart are…

    • 1238 Words
    • 4 Pages
    Good Essays
  • Good Essays

    "Always low prices, always", does this sound familiar? Well this is the slogan of the world 's most powerful company, Wal–Mart. Making its mark in 1915 as the five and dime store, Wal–Mart expanded and grew over the years into a 256 billion dollar company. Over the recent years of Wal-Mart 's growth, some people believe that Wal-Mart supports and builds the American economy while others hold that Wal–Mart 's global outsourcing will damage the American economy over time. When comparing the two opposing points, Wal-Mart has been more destructive than constructive to our economy in that it has destroyed more jobs then it has created, the employees receive little to no healthcare, and Wal-Mart has also degraded our environment.…

    • 1034 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Megan McArdle, the author of Walmart's Wage Experiment Works... for Workers, compares wage increases with different workforces at Walmart stores. McArdle provides the reader with ideas and questions like, "What happens if different stores did this?" and other questions relating to the effort needed to continue production if Walmart increased or the number of employees needed to fill the new workplaces. Claims like, "Paying higher wages has allowed Walmart to attract better workers, resulting in cleaner, nicer stores." Throughout the article, McArdle compares Costco's way of work with Walmart's and concludes that people living/working in rural(ish) areas generally make less money and have less workers, so "up"ing the wages would help those less…

    • 285 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Wal-Mart is a nationwide company and is a household term almost everyone knows. Some people find it as a store that tends to help the less wealthy, while others find it to be the complete opposite in aiding underprivileged families. Wal-Mart has different attributes to show that it is a good source of assistance for our society. Those services consist of low prices, a variety of goods, and it provides jobs. These details might be over looked when not observed closely, preventing people from truly appreciating what Wal-Mart is doing for our society. Despite all of the controversy, Wal-Mart is good for America.…

    • 888 Words
    • 4 Pages
    Good Essays
  • Satisfactory Essays

    Throughout his documentary, Greenwald uses first hand accounts from people negatively effected by Wal-Mart to appeal to his audience's emotions. Through this he effectively tries to persuade the audience that walmart is corrupt in its nature and has a ultimately negative effect on America and the world. Greenwald's constant tone shifts from happy Wal-Mart commercials to the sad stories of family’s who have had their lively hood taken away by Wal-Mart. Greenwald…

    • 431 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Even though we might all agree that Wal-Mart is very efficient to shop at there are some big downs to one of our most infamous superstores. Wal-Mart has continually used illegal tactics in order to maintain their large market power and the huge impact they have on our economy. In several cases Wal-Mart has been accused of discrimination in many ways. Also because of Wal-Mart many retailers have been put out of business. All of these facts lead to the answer; Wal-Mart is not good for America.…

    • 402 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    The History of Wal-Mart

    • 1576 Words
    • 46 Pages

    Wal-Mart is a US-based multinational corporation. Critically discuss the costs and benefits likely to have occurred as a result of its takeover of ASDA, a UK-based company. Wal-Mart is a US based corporation established in 1962 by Sam Walton as one self-service store, in period of 40 years it has developed into one of the biggest and most influential corporations in the world, operating 5000 facilities in 15 different countries. On 26th of July 1999, it successfully acquired the UK based third biggest retail chain ASDA with its 229 stores for 11billion dollars. (OU case study for B200 TMA 07, 2005, pg.61,55,54). In this essay I will identify and examine the benefits and costs that have occurred as a result of Wal-Mart’s takeover of ASDA, however, first it will be necessary to define the term “multinational corporation” and identify the motives that may lead the companies to become MNCs. It is estimated that there are some 35000 multinational corporations worldwide. The MNCs are defined as businesses that own or control foreign assets in more than one country. These numbers of MNCs raise a question, what makes the ownership of foreign assets so attractive for the companies, that they are ready to invest billions of dollars into the acquisitions. In order to answer this question, first we should consider that the primary objective of the for-profit businesses is to maximize their profitability. The ownership of foreign assets presents them with a range of opportunities to achieve this objective. Depending on the business nature and its corporate strategies, by locating their operations within the countries with the suitable market and economic conditions, the companies may be able to increase their market share so sustaining their growth and improving profitability. Or they may also gain competitive advantages by jumping tariff barriers and by achieving significant…

    • 1576 Words
    • 46 Pages
    Powerful Essays
  • Better Essays

    Immediately after watching the Frontline piece, “Is Wal-Mart good for America?” I felt that Wal-Mart was wrong for some of the things they are doing. The movie focused on how Wal-Mart was hurting American businesses, leaving many people without jobs. They do this by forcing their suppliers into meeting their price demands, which in turn leaves the supplying company’s managers with no choice other than to cut prices at all cost. Cutting the cost of raw materials can only account for part of the manager’s solution, next is employee wages and benefits and eventually out-sourcing the labor all together. However, after analyzing the situation further and doing more research I feel that Wal-Mart is doing more good than harm.…

    • 749 Words
    • 2 Pages
    Better Essays
  • Good Essays

    Culture frames what has become widespread among a group of people. Within a culture you can find the symbols, codes, characters, and artifacts that together have designed a bigger picture- a way of life. An artifact in a cultural context is anything created by a human that reflects his or her personal culture. In order to exemplify this essay’s point I will focus on a living cultural artifact that I think depicts present day American Culture most fully: the discount superstore. The American superstore Walmart is currently the most profitable business in the world. Walmart's bargain prices promote the vicious cycle of overconsumption that now defines American Culture. America's largest company may be doing more harm than good, and the debate continues over whether or not the convenience is really worth the social and environmental consequences.…

    • 637 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Even in a nation of shoppers whose most pressing metaphysical question is “Where’s my stuff?” the dominance of big-box retailer Wal-Mart is a jaw-dropper. The Arkansas-born-and-bred enterprise is now the 30th-largest economy in the world, China’s sixth-largest export market, Bangladesh’s most important customer, and Mexico’s largest private employer. On a single recent day, Wal-Mart had sales larger than the yearly gross domestic products of 36 sovereign nations combined.…

    • 717 Words
    • 3 Pages
    Good Essays
  • Good Essays

    The Wal-Mart Effect: The overwhelming impact of the world's largest company--due to its relentless pursuit of low prices--on retailers and manufacturers, wages and jobs, the culture of shopping, the shape of our communities, and the environment; a global force of unprecedented nature. (C. Fishman. Wal-Mart effect)…

    • 644 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Who Is Wal-Mart?

    • 1861 Words
    • 8 Pages

    d.). Everyday low pricing is the company’s pricing philosophy (www.corporate.walmart.com, n. d.). Walmart believes that through innovation, they are creating a seamless experience to let customers shop anytime and anywhere online, through mobile devices and in stores (www.corporate.walmart.com, n. d.). They are creating opportunities and brining value to customers and communities around the globe (www.corporate.walmart.com, n. d.). Innovative thinking, leadership through service, and above all, Wal-Mart’s commitment to save people money so they can live better have made Wal-Mart the business they are today (www.corporate.walmart.com, n.…

    • 1861 Words
    • 8 Pages
    Powerful Essays