ipl-logo

Explain How Walmart Has Changed The World

829 Words4 Pages

Walmart has changed the world greatly. Walmart has grown tremendously since it first opened in 1962. More than 8,500 Walmarts have been built since 1962. It has employed roughly 2.1 million people since opened. Sam Walton has changed the world with his invention of Walmart. He has always said that “If you sell stuff less, you sell more, and you make more money”(Goldman). His business came a long way from Ben Franklin store to Walmart. One reason why Walmart has impacted the world is because of how many jobs it has given the world. Walmart has given 2.1 million jobs to earth (Goldman). Walmart has given people jobs all over the world, because of how popular it has gotten and how much Walmart 's company has grown. In the article “Walmart to …show more content…

Shoppers save more than 5% on shopping at Walmart (Charles). Not only it attracts shoppers, walmart make money from it. Just like Sam Walton said “If you sell stuff less, you sell more, you make more” (Goldman). Sam was right because of how much success he has had. On average 200 million people visit Walmart every week (Goldman). Walmart has successfully made money and made people happy. A lot of stores can not do that because they either make their stuff too expensive or they have their stuff too cheap and run out of business. Walmart 's stuff cheap, but it does not mean this stuff is bad. Walmart 's sells organic food for cheap prices too (Charles). People that run on minimum wage can actually afford to buy organic, natural food and medicine and stuff without struggling to pay their house bill. Galloway writes “By saving money by shopping at Wal-Mart, a family keeps more of their 'freedom chips ' and is therefore enabled to spend that extra money in ways that enrich their lives"(Morris). The quote right here says a bunch. Money chips are referred as shoppers money. If a shopper has spends money at walmart they will save more and came the money the shopper saved and get to spend their money however the shopper wants.This is the second way Walmart has impact the world and shoppers that shop …show more content…

Walmart is not perfect either, they have some cons base on the article “Wal-Mart, pro and con”. Morris says that the workers get mistreated and should get paid more(Morris). Walmart also spends 1billion dollars to get their word out. Walmart has a lot of money, why can’t they pay their employees more? Walmart does not have to pay a fortune to get the word out. Everybody knows about the everyday low prices. They should pay the workers a lot more than they are right now. No workers should get mistreated during work. Another con about Walmart 's that they “are putting to death all of the small business in the world”. While the Walmart company gets bigger, smaller business vanish and run out of business. Shoppers think they are getting a good deal on extremely cheap price, but it actually makes our taxes higher(morris). Walmart makes them look flawless and make everyone else look like crap. But in reality they are not. They got just as many flaws as any other store has. This is how Walmart changes

Show More
Related

  • Target's Corporate Fact Sheet

    560 Words  | 3 Pages

    Since the company was founded as a corner store, the company’s business plan has always emphasized on expect more, pay less brand promise that sets it apart from its chief rival, Walmart. Although, Walmart is known for its low prices and offers a large selection to its customers; it’s customer service is often found to be nonexistent. This

    Read More

  • Wal-Mart In The Gilded Age

    265 Words  | 2 Pages

    So, Wal-Mart is good for most Americans by providing drop an average of 10 to 15 percent in markets than other retailer provender. For example, more than 30 percent the disposable diapers purchased in this country is sold in Wal-Mart stores. 30% hair care, 20% toothpaste, and 20% pet food purchase at Wal-Mart stores by American customers.

    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

  • Summary Of Labouring The Walmart Way

    234 Words  | 1 Pages

    The article “Labouring the Walmart Way,” author Deenu Parmar talks about how Walmart is able to achieve selling goods at a lower price then any average superstore. The author goes on to explain that Walmart’s antiunion efforts, employee selection, low prices and high retention rate all contribute to their major success. Walmart’s stance on ant unionism allows them to keep wage cost down and keep all their profits up. Not allowing a union keeps Walmart with the power to keep low wages and force unpaid overtime.

    Read More

  • Is Walmart Good For America

    283 Words  | 2 Pages

    “Is Wal-Mart Good For America?” affords viewers a thoughtful analysis into the dubious ethical methodologies employed by the Wal-Mart Corporation. Unquestionably, Wal-Mart is not infallible and their strict adherence to low prices has pushed other companies out of business. For example, Rubbermaid, as mentioned in the documentary, fell into Wal-Mart’s paradoxical low pricing trap and forfeited into a merger with a competitor.

    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

  • Deenu Parmar's Essay Labouring The Walmart Way

    148 Words  | 1 Pages

    In the essay titled “Labouring the Walmart Way”, author Deenu Parmar explains the unhealthy effects of Walmart, how to stop them, and the challenges of doing so. Parmar begins by detailing how Walmart has done little for local economies. By hiring financially vulnerable people, the franchise insures that no one would dare to unionize; thus ensuring employees will only earn the bare minimum, and thus out-competing local competition. Parmar also goes on to explain how a local community removed Walmart. They were able to do this through the use of fierce union protests that made the store unprofitable.

    Read More

  • Robber Baron Research Paper

    1225 Words  | 5 Pages

    Sam Walton was selling supplies cheaper than other companies that way people who were less fortunate could afford it. However people did not stop to notice he is putting companies around his out of business. Other local business are selling supplies normal priced or high end prices because of the quality. The quality from the retailer stores around Walmart is more reliable and durable. Also Sam Walton is receiving his merchandise from overseas which causes his products to be cheaper.

    Read More

  • Rhetorical Analysis Of Walmart

    1637 Words  | 7 Pages

    Walmart was founded in the summer of 1962 by Kingfisher, Oklahoma native Sam Walton. Although Walton’s original vision for the store was relatively modest, the half century since its founding has seen Walmart morph into one of the biggest companies in the world. Today headed by one Doug McMillon, Walmart boasts more than 5000 stores in the United States of America alone and employs more than 1.5 million people. Walmart is undoubtedly an American institution, yet each Walmart store feels like its own little country. Walmart seems to have its own laws and customs and the people who shop their on a regular basis appear almost primitive in their behavior as they go about raiding the store’s shelves and wrestling with fellow customers for discount flat screen televisions and bulk packages of two-ply toilet paper.

    Read More

  • Black Friday: Consumerism Vs. Civilization

    952 Words  | 4 Pages

    Conscientious Consumer Being a conscientious consumer is a growing act in today’s time. More and more people are switching to this for many reasons. I am using two different sources to inform you further on a conscientious consumer. The first article is Andrew Leonard’s “Black Friday: Consumerism vs. Civilization.” This article really intrigued me when I read it, for the reason of it opening my eyes more to how more ethical I could be, and how many people around the world are today.

    Read More

  • Walmart Environmental Analysis

    874 Words  | 4 Pages

    Wal-Mart is a powerful and influential grocery store in America and even in the world. It has a good reputation in terms of convenience, variety and good value for money. The greatest strengths of Wal-Mart are “the consumer understanding of low prices, their market clout, their competence in information technology, and their wide store and distribution network” (Internal Analysis of Wal-Mart 2015). The company has built good reputation among consumers during several decades’

    Read More

  • Mal-Mart Case Study: Ethical Issues Facing Walmart

    1021 Words  | 5 Pages

    Some of the current ethical issues that Walmart is facing are the treatment of its employees, the methods it employs to obtain retail goods at low prices, the sustainability of its products, and the use of bribery to further corporate interests (Ferrell

    Read More

  • Walmart Capacity Planning Analysis

    1069 Words  | 5 Pages

    In this report, it was indicated that the employees were rude, they shouted at customers, accused customers of thievery, managers avoided customers and the employees went to the extent of scratching customer vehicles. This was retrieved from the online forums where people voice out their experiences and opinions. Websites such as ComplaintsBoard.com, Consumersaffairs.com and Report Your complaint.com also highlight lots of issues involving customer service at Walmart. Slow customer service has also been a challenge to Walmart as per Reuters Report 2011.

    Read More

  • Walmart Human Resource Management Analysis

    1275 Words  | 6 Pages

    Vision, Mission Statement "Price Leadership Drives Global Performance" is the Wal-Mart visualization statement. The management of Wal-Mart emphasises on price leadership in every market since pricing strategy is the direct approach to reach performance and attract customers. In order to implement price leadership, they stated "Save Money, Live Better", which remains as relevant now as it was in 1962 by Sam Walton. The mission is that everybody is able to purchase products in Wal-Mart because the stores offers low price products to them.

    Read More

  • Walmart Pros And Cons

    855 Words  | 4 Pages

    Wal-Mart has faced numerous lawsuits for inequitable labor. The huge market enterprise values its employees with little respect. For example, it demands for long hours and overtime shifts to meet holiday sales. This is one of the reasons why the company has earned an outstanding profit over the decade. Yet, with all the affluence the company has, it still does not compensate for workers' healthcare benefits nor their low wages.

    Read More

More about Explain How Walmart Has Changed The World

Open Document