Wal-Mart as a corporation has taken over the U.S., if not the whole world. With over 11,000 stores worldwide and employing about 1.4 million people in the U.S., they are one of the biggest companies that supply consumers with various products. However, the treatment towards their employees and environment is questionable. The multiple lawsuits filed against Wal-Mart – 4,851 times in 2000 alone – goes to show how toxic this company is. Their goal is to keep costs as low as possible for them, to the extent that they have the government handle their employee's benefits instead of just providing it to them themselves. The low wages force workers to use government assistance. As an anti-union company, many employees are susceptible to termination if even the thought of creating a union is brought up. On top of that, they use sweatshop labor in China to manufacture their products. Working under terrible conditions for long hours, these factory workers tire themselves out only to make less than minimum wage. Wal-Mart may provide jobs and products to citizens, but it doesn’t negate the negative impact they create. Credit card companies are essentially letting consumers “borrow” money through the use of credit cards. They are able to make money off them in the following ways: interest rates, fees, and selling consumer …show more content…
This may be executed through employee benefits, payroll, or just plain treatment. If the workers of the company are treated fairly, then this will be reflected onto their work skills and they will be more willing to satisfy the customers, which in turn increases profits. This reiterates Howard Schultz whole perspective on what he wanted to achieve with his company, Starbucks. He wanted to give his employees the benefits and pay his father never received when he was growing up. This has helped his company flourish and even generate a low turnover