However, the negative greatly outweighs the positive. The positives are few and far between, namely in the low everyday prices and the convenience of having everything you need under one roof. The negatives are massive. One, Wal-Mart typically uses overseas outlets to produce their products, which takes away manufacturing and production jobs here in America.
English Wal-Mart is Bad for America When people hear the phrase “Wal-Mart”, they think of happy faces and low prices. Consumers think about the quick and reliable service, and the convenience of their many schwenkreis.com://schwenkreis.com Wal-Mart takes advantage of their employees and suckers them into their costly healthcare plans. But, if something happens to an employee, lets say two months after their hire date, they will not be covered by any healthcare plan schwenkreis.com://schwenkreis.com · I think Wal-Mart is good for America. Wal-Mart is doing what America is all about, the American market economy is all about, which is producing things consumers want to schwenkreis.com://schwenkreis.com
In fact, as Nelson Lichtenstein from the University of California Santa Barbara argues in a recent episode of the PBS series "Frontline," Wal-Mart has set a standard for business in the twenty-first century, in much the same way that U.
Steel and General Motors epitomized the twentieth-century corporation. The Frontline episode examines the origins of Wal-Mart and its worldwide influence while investigating its title question: As portrayed on Frontline, Wal-Mart buyers, armed with an overwhelming array of inventory histories and sales tracking data, tell the representatives of these and other corporations how many watches or boxes of macaroni they will buy.
Alan Tonelson from the U. Wooster was for decades the home of Rubbermaid, a household name in storage and trash containers. In the early s, Rubbermaid changed its business strategy to reflect the shifting nature of retail sales.
When an increase in its raw material costs forced Rubbermaid to implement a universal retail price hike, Wal-Mart refused the change and dropped most of its Rubbermaid orders.
Rubbermaid, never to regain its former strength, sold out to a competitor and closed its Wooster factory once and for all ineliminating 1, jobs from the rural Ohio town. In China, the city of Shinzen has grown from a state of non-existence to a population of seven million since the s.
Again, the numbers fail to relate the full story, but they begin to tell the tale.
Frontline puts the spotlight on another Ohio town, Circleville, to discuss the further effects of these shifting economic tides. Circleville, like Wooster, also lost over 1, jobs when a long-time corporate resident closed its doors.
According to Randy Strutz, former manager of the factory, when Wal-Mart cancelled Sanyo orders because of lower-priced options available from China, Sanyo cancelled its orders from the Circleville plant in turn.
The hit proved too much for Thomson to absorb, and the company closed its Circleville location in In an act of final bitter irony, Wal-Mart recently announced plans to open a SuperCenter in Circleville within sight distance of the abandoned shell of the old Thomson plant.
However, according to several analysts interviewed on Frontline, these new opportunities will not live up to the old manufacturing jobs in terms of wages or benefits. And it is destroying, creatively, but nevertheless destroying competitors and, really, other ways of thinking about the way the world works.
But people also are workers who need to earn a decent standard of living.
And the dynamics that create lower prices at Wal-Mart and other places are also undercutting the ability of many, many workers to earn decent wages and benefits and have a stable life.
· Buying billions of goods that weren’t made in America. The vast majority of merchandise Walmart sells in the U.S. is manufactured abroad. The company searches the world for the cheapest goods possible, and this usually means buying from low-wage factories overseas.
The Retail Revolution: How Wal-Mart Created a Brave New World of Business schwenkreis.com - Wal-Mart - Great for Shoppers, Bad for Competitors Wal-Mart can be a virus and a cure, since it has its pros and cons depending on the critiques perspective.
From my point of view, Wal-Mart is an extremely efficient superstore, with . · #4 Wal-Mart now sells more groceries than anyone else in America does.
In the United States today, one out of every four grocery dollars is spent at Wal-Mart. #5 Amazingly, million customers shop at Wal-Mart every single schwenkreis.com · One factor about Wal-Mart's operations that makes me optimistic is the fact that the company has extremely diverse global operations and has tapped into the markets of Asia, Africa, South America schwenkreis.com Wal-Mart has proven clip and clip once more that it is no good for America.
To get down with. Wal-Mart’s rapid growing has led to great success for the company. schwenkreis.com · 10 reasons Wal-Mart is the worst company in America the case of Wal-Mart vs.
Dukes sought to change that, The bad part is that unless Walmart shares drop more than six cents, the cycle is schwenkreis.com