Wal-Mart is in you community for only one reason, to make a profit. It does not matter if that profit comes at a cost of other businesses; it is still called capitalism and it will have an impact on the economy. You may believe that Wal-Mart is, at least partially, to blame for the change in our life styles, or you may believe Wal-Mart is just catering to our new market demands. Some wonder if Wal-Mart is friend or foe of the community. That all depends on which side of the fence you are
Not enough money and too much stress lowers the quality of life that people have, and their standards of living also drop, as they are forced to get by with cheap, low-quality items (Nickels, McHugh & McHugh, 2010). Walmart has changed how the retailer and the manufacturer negotiate prices. The manufacturer used to be the one to tell the retailer, "I can make this for you for this much." But Walmart has become so big, so important, that now they
Kudler Fine Foods Virtual Organization Kudler Fine Foods (KFF) is an established business that survived the initial period successfully and grown by adding two additional stores. Because of owner’s prudent management the business presence in the market is solid, although other competitors represent a threat. Additionally the threat of handling perishable goods is also present, but competitors have the same issue plus KFF can compete with reasonable prices to make it attractive to customers (Kudler Fine Foods, 2012, p. 10). KFF needs to initiate marketing research analysis to pinpoint the areas of opportunity and improvement. In this analysis a secret shopper should be part of the research to visit stores around the three KFF establishments
In order for small businesses to really gain an edge they have to diversify their products and exploit local suppliers, cash in on the advantage of a better enhanced customer experience, and with interaction within the nearby communities. Works Cited 1.Flandez, Raymund. "What You Can Do to Fight Wal-Mart." The Wall Street Journal (2009): N. pag. Web.
While diversity is built in the Wal-Mart culture of business the locals of South Korea did not agree with the taste or style of western merchandise proclaims David Schwartz, Chief Executive Officer of Productive Environment Inc., (2004). According to David Schwartz proper research was not conducted in order to target a large population such as South Korea, therefore lack of culture would hinder the company of a successful launch in Asian countries such as Korea, China or Japan. Stakeholders The Sustainability Report of 2007 suggest social responsibility of the company is the ability
America began on small businesses and America has to continue to have small businesses to have a good economy. Wal-Mart endangers businesses all over the country because small businesses cannot compete with the superpower on account of Wal-Mart getting goods from places like China. Most people live within thirty minutes of a Wal-Mart and with their lower prices people will continue to shop there without realizing what they are doing to their own economy. Most people don’t realize that saving a few dollars by shopping at Wal-Mart is crippling all the local businesses around their area. Wal-Mart does not care about the American economy because they are thriving the way the economy is now, so American citizens have to stand up for their communities.
The biggest difference is cost. The search for a natural chemical often requires a company to go to great lengths to obtain it, even though the exact same compound can be produced in a lab much cheaper. In the end, consumers end up paying more for a “natural” flavor even though there is no difference in the taste or the relative safeness of the “artificial” flavorings. The flavoring companies take great pride in keeping their secrets and employers closely guarded. And since they aren’t required to display the contents of what is in their flavorings, many consumers don’t know what it is
I believe whole-heartedly that government intervention as well as taxation should be justified when these industries are not providing optimal amount of a good for society’s well-being. When a tax is put on someone’s favorite soda, they are either going to buy a similar drink that is untaxed or not buy the drink at all. Typically, the body does not account for liquid calories as much as it does food calories, therefore making it easier to drink more sugared drinks. Usually people do not to feel full from a sugary drink, which makes it less likely to buy foods that will replace the taxed beverage. They would be more likely to drink one or two more cans of soda rather than eating a snack or a full meal.
In my opinion it is a sick cycle, which enviably will reduce the standard of living in the United States. The individuals seeking to pay less for their purchases don’t realize the effect it has on the surrounding economy, including reduced wages, reduced community support, reduced business opportunity, reduced land values, reduced tax base, and ultimately lower standard and quality of living for most members of the community. I personally think that Wal-Mart is a modern day monopoly. It kills the competition. This is harmful for our economy.
Isn’t responsible for something that happened within their country. It is true though that the U.S. Has funded money to Mexico to try to stop the drug trafficking and drug cartel, but this is the problem of Mexico. Mexico should have done something about this while it was small not a big, powerful and violent as it is today. If Mexico also funded more in education then many citizens won’t enter the drug dealing as well. The citizens would have an education causing them to turn away from the drug dealing cause they have a job that is both safe and get a good income.