¶ … Wal-Mart corporation and its employee policies, there are many who tried to dismiss one side or another by reducing the size and complexity of the discussion down to a simple matter of crunching numbers, while others took individual examples aiming for the sensational.
Sebastian Mallaby's supreme argument for supporting Wal-Mart's employees' policies in 2005 and its expansion on the market was that the biggest looser in the case Wal-Mart would fail to further develop will be the poor: "If critics prevent the firm [Wal-Mart] from opening new branches, they will prevent ordinary families from sharing in those new gains. Poor Americans will be chief among the casualties" (Mallaby, 2005) Mallaby simply points out that Wal-Mart, a privately owned company, a financial giant, is among the chief supporters of those millions of Americans who earn minimum wages or less or live on welfare.
Paradoxically, by taking into account that Wal-Mart offers important discounts on food and other basic products and the poor or minimum wage earners spend a biggest portion of their incomes on this type of merchandize, Mallaby simply points out to the fact that Wal-Mart should be considered one of the biggest welfare suppliers of this country. This is baffling, of course, since Wal-Mart is, according to the same Mallaby, a corporation like any other, thus, naturally only interested in how to: "enrich shareholders and put rivals out of business"(Mallaby, 2005).
Authors like Karen Olsson, on the other...
Wal Mart is a global leader in retail supply chain management, logistics, operations, fulfillment and transportation services. The efficiency and profitability of the WalMart supply chain operations globally have set a new standard in their industry and often been used as the basis of comparing performance of supply chains in related industries as well (Stevenson, 2009). What has contributed to the rapid growth of WalMart however has been the acquired
Robson Walton - Chairman of the Board of Directors of Wal-Mart Stores, Inc. Stephen P. Whaley - Senior Vice President and Controller Eric S. Zorn - Executive Vice President and President, Wal-Mart Realty III. INTERNAL ENVIRONMENT: STRENGHTS and WEAKNESSES A. CORPORATE STRUCTURE Wal-Mart's retail division is formed from four major subsidiaries: Wal-Mart Discount Stores, Wal-Mart Supercenters, Wal-Mart Neighborhood Markets and Sam's Clubs. (Wal-Mart Facts, 2007) Wal-Mart Discount Stores more than 1,000 in U.S. alone average
Wal-Mart was formed by Sam Walton in 1962 with the intention of concentrating on small towns and not on downtown retail districts. He had set up the super store from small beginnings on a town's interiors, stock various kinds of goods in the shelves, and sell the goods to the customers at comparatively lower prices. The progress of Wal-Mart has been tremendous, with the expansion to 4,300 stores recently from
Wal-Mart is also deemed to be a company that greatly mistreats and discriminates against its employees but there has apparently been no reliable empirical data to back that up (Van Riper, 2008). The article concludes by conceding to some Wal-Mart critics. First, Wal-Mart cites Ohio University professor Richard Vedder, who points out that Bureau of Labor Statistics Data holds that Wal-Mart's wage structure lags behind the retail sector as a
According to many sources and the allegations in the class action lawsuit decided in its favor in 2001, Wal-Mart systematically discriminates against women in its management training and promotional practices; it has illegally refused to hire disabled job applicants; it pressures employees not to unionize; and it has knowingly hired illegal aliens by the hundreds (Cram, 2005; Pea, 2011). That class action suit was decided in Wal-Mart's favor strictly on
Managing People -- Wal-Mart Wal-Mart Summary of the Company and Facts Wal-Mart is among many multi-national retail businesses that are well-known. It runs chains of large discount department stores and warehouses all over the world though it's an American multinational retailer corporation. It is also the biggest private employer in the world, to employ such a big number of workers can be very challenging and hence the employee relationship with the management requires
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