My reasoning for this was its taking away business from local grocery stores, taking away work, and so on. And this can be true, Wal-mart can run other stores out of business due to the low prices. But when I think about it that store could be run out of business by any other store if they get into a price war, people most of the time will choose the cheaper place to shop at. So then when you look at it at the price aspect, Wal-mart can be seen as a good thing for America. Wal-mart claims to have low prices always, and in the economy that's what Americans need, we need cheap affordable products.
This action demonstrates a lack of interest to aid the less fortunate in the community, as well as failing to increase their customer base. The less fortunate members of society also have to shop for groceries, and they most certainly have a choice where to make their purchases. While Company Q management is making the decision to throw the food away, this results in revenue loss to the company. Shareholders are not likely to invest in a company which prefers to lose revenue rather than contributing to society,
The largest cause was the crash of the stock market as well as “panics” by the banks. Some economists had their own beliefs about why the country had such economic troubles. Some believed that overproduction was a major factor meaning consumers did not want to consume all that was being produced. Factories would produce excess amounts of goods and it would just sit around because people in the society were not spending money. The people who were spending money were the poor more often than the rich; the poor were getting poorer and the rich were essentially becoming richer because even though there was no money to make, they were not spending.
Benjamin Biddle CRJ 325 9/3/2013 The Wal-Mart film was quite disturbing. Has honestly made me re-think where exactly I do my shopping from now on. “The High Cost of Low Prices” is such a suitable title for this documentary for a number of reasons. We do not always see the repercussions of what these big businesses do to the communities they pretend to enrich and support. What Wal-Mart actually costs the community as opposed to what they give back is substantially off kilter.
Perhaps they believe that the employees are contributing to the revenue losses and are stealing merchandise. These are all self destructive in nature and could impact their ability to remain in business and keep good employees. Making the decision to close two stores without adequate justification drastically reduces it footprint in the market place. It appears that either the store supervisor or manager is not engaged with the employees and consumers; do not have sufficient training on company ethics policies to enforce them; or they do not have a fully robust ethics program in place to address to ongoing issues. PART B Company Q can take some immediate steps which I believe would turn a downward trend in to positive results.
Wal-mart is bad for America, mostly in ways hidden from the public’s eye. The second team counter argues that wal-mart destroys smaller, “ma & pa” stores, Stores that have done personable, reliable business for decades. Wal-mart is too big for the smaller stores to stop. From the moment a wal-mart comes into these, “ma & pa” towns wal-mart quickly puts them out of business due to their low prices, regardless of what anyone may want. With the economy collapsing people are forced to shop for the lowest prices and work for anyone supplying job opportunities.
Even if countries began to buy less, the implications of their actions on the global village would be catastrophic. If consumption goes down, then less people will be required to work and companies will have to start making cuts to their workforce because they are turning in less profit. The Buy Nothing Day would throw the world into a deeper recession then it already is in. America and the rest of the world have to consume more and spend its way out of the recession and debt. The United States was built on the principle of having debt and spending its way out of it.
A lot of American citizens don't like the idea of this immigration reform because they think the United States its going to get worst and because the immigration reform is against their morals and the law. One of the cons is that less-skilled American citizens will earn less money and have fewer job opportunities because they must compete with immigrants in the job market. American citizens don't want the immigration reform because they think immigrants are going to take away their opportunity for jobs. The economy is bad right now with jobs. There is less opportunity of jobs than before.
Nowadays, the retail industry is targeting younger adults and senior citizens for hire and Wal-Mart is especially guilty for this. In reality it’s impossible to make a living working in retail and these targets are easy to manipulate. The majority of Wal-Marts goods are made outside of the U.S. and often in sweatshops. It’s displeasing and although the fine low prices are tempting, some customers will disappear because customers will feel terrible of workers treatment. Without customers, there is no business and this will hurt this large company in the long-term.
English1301 12-6-11 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 locations. Also, people might think about their friend and family that shop there during the weekends, looking for and finding even the most obscure item in their shelves. With all these conveniences, it makes one wonder why anyone would find something wrong with Wal-Mart. However, as consumers are becoming smarter, they are becoming more informed.