Walmart For An Examples

184 Words1 Pages
Take Wal-Mart for an example. They are a major employer in our economic system. Likewise, our economic system, companies do not survive unless they can offer the mix of price and quality that their customers want. A company will die if its competitors can, for example, give the same quality of goods and services at a lower price. This is because consumers will go after the lower prices if all other things are equal. Small businesses face the dilemma of being intimately connected with employees and stakeholders and then being consumed with profit making. This is not Walmart’s fault. If we want Wal-Mart to compensate their employees more fairly, we have two choices. 1) make laws that require them to pay what we consider to be a living