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Sunday, February 3, 2019

Is Walmart Good? Essay -- Business, Global Powerhouse

Wal-Mart, the multi-billion society and the second largest employer in the world, is the most contr everyplacesial corporation in the world. Wal-Mart is a global powerhouse and affects some(prenominal) people around the world. Wal-Mart is constantly get attacked from unions, human rights groups, teensy towns and small businesses. Wal-Mart is accused of acting their workers poorly and driving small businesses out of business. But however these accusations atomic number 18 false or over exaggerated. Wal-Mart offers families and low income people quality products. Also, they pay their workers competitive wages and treat them with respect. Wal-Mart opens their stores in uncouth and under developed areas. Wal-Mart improves the lives of the people who live rural area and improves their flavorstyles.Wal-Mart opens stores at rural areas that are destitute. These people dont have the ability to buy the newest and best products around. That lifestyle of buying and getting the newest i tem is foreign to them. Thanks to Wal-Mart these people are able to live this lifestyle and experience themselves (Coster 1). Wal-Mart provides low prices for people to afford more of these coarse products and to stretch their dollar more. People are saving hundreds of dollars and those savings payable add up. According to a study by the New England Consulting group, U.S. consumers hold on $100 billion annually, or $600 for the average America family (Maich 6). These savings for consumers and families are astounding. This data is not only about for those who shop at Wal-Mart just this data is about all consumers. This is so because Wal-Mart sells for less, it forces competitors to cut prices in nightspot to compete (Maich 6). A study by a UBS Warburg analysts show the impress Wal-Mart has on compet... ...ses. No other retailers offer these benefits. Wal-Mart employees are content because of these benefits. Hewitt Associates, a human resource consulting firm, ranked Wal-Mart as the best retailor for workers satisfaction for tether years. (Maich 5) This data shows that Wal-Mart is a great place to work for. Wal-Mart is beneficial to many types of people. Wal-Mart is good for the economy and good to it workers. Wal-Mart hires many people from different walks of life and offers their workers many benefits that others retailers dont offer. Wal-Mart with their low prices benefits consumers and help consumers to save. Wal-Mart is a positivist to local economies and improves profits of local businesses. Wal-Mart is not a monster as critics states and all these attacks by critics are incorrect. Wal-Mart is not perfect but it is remediate than most of the other corporations.

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