ipl-logo

Taking A Look At Wal-Mart

534 Words3 Pages

Criticism in the business world is something that companies can hardly stay away completely from. With the attention of corporate social responsibility and the importance that some stakeholders placed on it, all businesses must be ready and fully prepare to handle criticism of all sorts. Companies are under criticism everyday as a result of their activities and their impact on the society. This paper identifies Wal-Mart as one of those companies that are under continuous criticism from various stakeholders.
With its continuous hard work and determination to show the public it is determine to meet up with corporate social responsibility, Wal-Mart has faced continuous criticism from various stakeholders. According to Kurtzleben (2012), Wal-Mart was slammed by environmental activists for emitting millions of tons of CO2 , encouraging waste by selling low quality goods, and by building warehouse-sized stores. (https://www.usnews.com/news/articles/2012/04/20/walmart-struggles-to-overcome-environmental-criticism) …show more content…

(https://en.wikipedia.org/wiki/Criticism_of_Walmart)
With it complete name as “Wal-Mart Stores Inc.”, the company’s mission statement states, “we save people money so they can live better” (Jurevicius, 2013). Wal-Mart provides retail services to its customers and is considered one of the biggest retail store world-wide. Its stores are not only located in the north Americas, but also in different countries around the world including China. The multinational company retail company sells general merchandisers and groceries.

Show More
Related

Olsson Up Against Walmart

204 Words | 1 Pages

Olsson’s article “Up Against Walt-Mart” is an investigative reporting. Wal-Mart say “We Sell for Less” and “Everyday Low Prices”. Wal-Mart managers push the employees to the limit; they just want to see how much they can get away with without having to hire someone else. The company is the world’s largest retailer, with 4220 billion in sales, and nation’s largest private employer, with 3,372 stores and more than 1 billion hourly workers. Its annual revenues account for 2 percent of America’s entire domestic products.

Read More

Loblaw's Sustainability Case Study

1228 Words | 5 Pages

Similar to Loblaw’s, Walmart uses a board of committee members who meet annually to evaluate climate change risks that can impact the company. The process on how Walmart integrates these ideas into business is more complex and detailed with it’s three core elements; opportunity, community and sustainability. Walmart also considers climate change on the corporate level, risk assessment and business energy level. In considering how much more complete Walmart’s response is in comparison to Loblaw’s, it is fitting that Walmart received a higher carbon disclosure ranking of 92% (Gomez, 2015). Metro’s complete carbon disclosure project, was not made public, but company scored an 89% which was higher than Loblaw’s score.

Read More

Similarities Between Walmart And Jim Hightower

924 Words | 4 Pages

Some people may wonder how, with such low prices, Wal-Mart can sustain such a large profit margin. Well according to Jim Hightower, that answer lies within Wal-Mart’s workforce. Hightower believes that Wal-Mart is tricking its workers into thinking they are, “one big, happy family,” when in reality those workers are being exploited. According to Jim, Wal-Mart is diverting their workers from the actual issues such as, “fair wages, hiring discrimination, or unionization.” This is backed up in the 2004 documentary aired by PBS called, “Is Wal-Mart Good for America?”

Read More

Discount Nation: Is Wal-Mart Good For America?

963 Words | 4 Pages

Many corporations move to the mandate of a global capitalistic economy, and over the past quarter-century, several large multi-store retailers have experienced considerable growth. Wal-Mart is one of the leading industry giants with a presence in scores of markets that virtually all other vendors cannot compete. In a 2003 New York Times article “Ideas & Trends: Discount Nation: Is Wal-Mart Good for America?” Columnist Steve Lohrdec reported that “Wal-Mart points the way to a grim Darwinian world of bankrupt competitors, low wages, inadequate health benefits, jobs lost to imports and destroyed downtowns and rural areas across America.”

Read More

What Is Wal-Mart Good For America?

165 Words | 1 Pages

Wal-Mart is good because it produces products for consumers to buy at a low price. The low prices help people that can’t afford high price products to be able to buy what they need. Wal-Mart is probably the widest and strongest company in the U.S. business history. They have a great economy and they are the most admired company. Can you believe that Wal-Mart is the first company on the planet to report one quarter of a trillion dollars in sales $256 billion?

Read More

How Has Walmart Affected Canada

684 Words | 3 Pages

In fact, Walmart destroys more jobs than it creates for the local people of a community. Walmart drives local competition away, when they first start in a new community they put local merchants out of business due to lack of customers. The price of goods offered by Walmart can never be beaten by local business holders which again steal the customers away. Furthermore, this will cause the lack of income to families which earn their money from owning a local business. Although, Walmart claims that it creates jobs, but most of them are part time jobs.

Read More

Why Is Walmart Good For America

431 Words | 2 Pages

Is Wal-Mart Good for America? When people hear the word Wal-Mart, they usually think of low prices, convenience, and possibly a “one stop shop”. Most People believe the store is great, and in some aspects, it is, but what about the other aspects? I want to show you some of the downside of it, and how they hurt our economy, as well as our citizens.

Read More

Walmart Is Bad For America Essay

572 Words | 3 Pages

Wal-Mart is a regrettable thing for this economy. In particular, in light of the way that the sort of economy our country is predicated off of ought to be continue running off of a couple of little associations, continue running by a various individual businessmen. Wal-Mart stunts and doesn't support the intensification of any minute associations, in light of their unvanquishable expenses. How different people anticipated that would raise up and push toward getting to be business visionaries? Wal-Mart is withal terrible for this economy since it gives most

Read More

Why Is Walmart Good For America

275 Words | 2 Pages

I personally believe Walmart has its cons and pros, but I believe that Walmart is actually good for America. I say this because living in NYC can be extremely expensive, so having a near by Walmart can be very beneficial for those everyday sales they have. (NYC doesn't have any walmart). We need affordable prices, I think thats what makes a company great. In the film one lady says "she knows that

Read More

How Does Walmart Affect The Economy?

474 Words | 2 Pages

Walmart runs a monopoly by using its wealth, popularity, size, and credibility (ethos) to beat the competition. That is hurting the economy and small businesses as a whole, hurting everybody except Walmart itself. Walmart has been accused of harming its employees by reducing wages, bad work hours, and reducing hours. Walmart has been reducing wages as stated in the documentary because if you miss a day you will get your pay reduced affecting everybody in the community (pathos). You can only miss 5 to 6 days every 6 months till they fire you, making it very difficult to do things with your community.

Read More

Walmart's Practices Are Good For America

906 Words | 4 Pages

These steps are not only good for the Earth; they can save customers money as well. They plan to do this by using entirely renewable energy, creating zero waste by recycling and using less plastic bags, and by selling products that are sustainable. They have also made a commitment to purchase and preserve one acre of wildlife habitat for every acre that the company develops. With the purchasing power that Walmart wields, they can dictate to their suppliers and make them accept payments only on Walmart’s terms.

Read More

Walmart Impact On America Essay

722 Words | 3 Pages

Wal-Mart’s Effect On America One of the world's largest retailers, Wal-Mart, has had a significant impact on the economy of the United States. Established in 1962 by Sam Walton, the organization has developed to become perhaps the most perceived and powerful business in the US. The ability of Wal-Mart to offer low prices, a wide range of goods, and effective supply chain management are the keys to the company's success. The ability of Wal-Mart to offer low prices to customers is one of the main ways that the United States has benefited from the company. Customers are able to purchase goods at a lower cost than they would at other retailers, thanks to the company's "Everyday Low Prices" strategy.

Read More

Summary Of Is Walmart Good For America

1215 Words | 5 Pages

‘Is Wal-Mart Good for America?’ On PBS Frontline, May 11, 2015 ‘Is Wal-Mart Good for America?’ is a documentary that examines the relationship between Wal-Mart’s rapid growth and its impact on the US economy ever since it blossomed in trade productivity in the mid 20th century. The documentary, published on February 2014 by PBS Frontline, conveys a deep understanding of how Wal-Mart changed the living standards of many Americans and took consumerism and retail logistics in the U.S. to another level; by cutting costs through offshore outsourcing to China and employing cheap Chinese labor. The documentary focuses on the changing relationship between big retailers and manufacturers and the transition in pricing and decision-making.

Read More

Walmart Corporate Social Responsibility Study

3018 Words | 13 Pages

As we know, philanthropic model consists of economic view of CSR plus option for a particular business to contribute to social needs as a matter of philanthropy, but not as a matter of duty or social responsibility. [Hartman, L., MacDonald, C. DesJardins, J. (2014) Business Ethics, Chapter 5, p. 222] Moreover, philanthropic CSR suggests that businesses contribute to society in the hopes that this will have beneficial reputational pay-offs. In other words, consumers prefer to buy products of brands that associated with a worthwhile cause when price and quality are the same. [Cone Communications, 2011 Cone/Echo Global CR Opportunity Study (Boston, MA: Cone), www.coneinc.com/globalCRstudy] Of course, there are also cases where a business might contribute to a social cause or event without seeking any reputational benefit. However, I strongly believe that it does not relate to "Walmart" because they are seeking to obtain any social and economic benefits.

Read More

Walmart Strategic Management Case Study

1052 Words | 5 Pages

Walmart, is an American multi-billion dollar low-cost retail organization that operates a chain of hypermarkets, discount department stores and grocery stores (Walmart, 2016). It also known as a multinational retail corporation, which started small, with the simple idea of selling more for less as a single discount store, has grown over the last 50 years into today’s largest retailer of the world (Our Story- About Us, 2016). According to Wikipedia (2016), Walmart is a family-owned business company, founded by Sam Walton in 1962 and incorporated on October 31, 1969. Headquartered in Bentonville, Arkansas, that organized under four divisions: Walmart U.S., Walmart International, Sam's Club and Global e-Commerce.

Read More

More about Taking A Look At Wal-Mart

Related Topics

Open Document