Essay about International Business- Walmart

Its size, power, and low prices are what make Walmart so helpful to America. So why do some people think that Walmart is so bad for the American people? Many people believe that this is a true debate. Everyone has his or her own point of view. If you think about it, is Walmart really good for America? Walmart has made many changes since it was first opened in 1962, by Sam Walton. By August 31, 2014 there were 11,095, retail Walmart stores and there were 642 Sam's Club's. After going over all the facts, Walmart is good for America.

1) Should Wal-Mart be expected to protect small businesses in the communities within which it operates?

Karen Olsen pulls at our heartstrings using the specific people, places and things that we can possibly relate to in a pathos/ethos type method of description. She pours out examples of infringement, dollar signs, inequality and discrimination. Using names and painting a picture of a subject to explain how [Wal-mart] broke the law using intimidation, denying benefits and firing those that support the union. Sebastian Mallaby rebuttals by using facts and reasoning in a logos/ethos way. Examples include but not limited to; “Wal-mart has a war room to defend its image! Well, yeah, it’s up against a hostile campaign featuring billboards, newspaper ads, and a critical documentary movie.” Mallaby goes on to discuss different ways that many of

On July 2, 1962, Sam Walton opened his first Wal-Mart in Rogers, Arkansas. Over 50 years later, Wal-Mart became known as the largest private employer in the United States and the largest retailer in the world. Wal-Mart have expanded to over 4400 stores across the globe. Americans truly love Wal-Mart. When there is not any groceries at house the first thought comes to mind is Wal-Mart. Wal-Mart have the cheapest and lowest price that everyone can afford, so when the groceries are scarce at home most often Wal-Mart will be the next stop. People love shopping at Wal-Mart since it is more convenient than any other store around. Wal-Mart plays a tremendous growing role in America’s economy. More than 100 million customers visit Wal-Mart every week, but is Wal-Mart good for economy? This a question that many Americans never assumed or inquired. Wal-Mart is effecting America in a lot of ways. Wal-Mart has devastated thousands of small industries and innumerable manufacturing jobs over the past decades (Economy in Crisis). Wal-Mart has become so massive in retail that it sells five times more than any other retailer in the country. Sadly, 85% of the items on Wal-Mart’s shelves comes from foreign countries. This in turns hurts America’s economy, taking thousands of jobs away and taking countless revenue. Wal-Mart is a textbook illustration of where our economic system is headed.

Walmart is a global employer in the retail industry that employs employees all over the world. We believe Walmart can improve by implementing the following strategies: Cost leadership strategy - this is what Walmart is known for, Differential strategy - a big portion of what how Walmart stands out from others (is different) is because of their pricing, which kind of reflects #1 (cost leadership), Value-creating strategy - again they create value because consumers enjoy their prices and offerings, because of their supplier diversity ..which again kind of reflects #1 (cost leadership), Revamp the external view of its workforce - this one is different from the others and we all know how much Walmart has been in the news for their treatment of employees and some of their policies.

to see where the company is now with the use of a brief Swot analysis.

Yes, I do believe Wal-Mart is doing enough to become more sustainable. Wal-Mart is one of the most powerful companies internationally. As with all things that come with power, Wal-Mart’s business practices are scrutinized thoroughly. This includes their relationships with suppliers, employees, consumers, and the environment. In recent years, the environment has become such a big issue that Wal-Mart, as well as other companies have had to respond to this growing concern.

With more than 6,000 stores around the world, and more than two million people employed worldwide it is safe to say that Wal-Mart has got it 's foothold in the world 's economy. With eleven percent of all imports from China to the United States from the years of 2001 through 2006 , Wal-Mart obviously takes up a good chunk of total imports and employs one percent of all of America 's workforce. Now taking all that into account in the early 2000 's a series of accusations arose about the nation 's largest private employer, those accusations being that Wal-Mart uses sweat shop labor and is discriminatory against women and minorities. Now almost 15 years after these initial reports, Wal-Mart 's success has only grown. According to Charles Fishman, the author of "The Wal-Mart Effect", "Wal-Mart isn 't just a store, or a huge company, or a phenomenon anymore. Wal-Mart shapes where we shop, the products we buy, and the prices we pay-even for people who never shop there. . . ."(Fishman 2006.) Now with the aforementioned subjects, this only adds relevance to the question posed above. While on one hand Wal-Mart brings multiple jobs to communities that otherwise would see an uneven distribution of wealth, there are so many reasons why Wal-Mart is bad, bad for the economy in the long run, bad for the environment, and most of all bad for the furtherance of Modern Human Morality. Now with 1.5 million employees being employed in America, a country that has been in economic stagnation

Wal-Mart is a company that has taken its core competencies, which are the capabilities the firm emphasizes and performs especially well while pursuing its vision (Ireland, Hoskisson, Hitt, 2008), and turned them into competitive advantages. Core competencies must satisfy four characteristics in order to be a competitive advantage. These advantages, according to our text, include: *valuable, *rare, *difficult to imitate,*nonsubstitutable.

Wal-Mart is a world-wide active American retail trade company and currently the largest retail company in the world. Beginning in 1962, Wal-Mart has made the transition from a small firm in Arkansas to the largest employer with 3, 800 store units in the United States with record revenues today. But nevertheless, since Wal-Mart launched its online branch, it had to suffer from substantial setbacks from competitors such as Amazon.com or Ebay.

Wal-Mart is an American-based retailing company that has ventured into the international market with the aim of taking over some of the emerging markets across the globe. The company has dominated the local market in the United States, and it is looking to dominate the international market by providing consumers with some of the cheapest alternatives to the products purchased on a daily basis. It follows that Wal-Mart is among the companies that are always complaining when the economy of the United States weakens. A weaker dollar lowers the profit margins of the company because its supply chain is based overseas; hence, the purchasing power of the company decreases. This implies that when the economy is weak, Wal-Mart spends more dollars to acquire products. This paper looks into some of the fundamental principles applied by the authorities to stimulate or weaken the economy, with a close focus on the effects of these strategies on Wal-Mart.

Why do you think Wal-Mart did not venture abroad until 1991, despite its success in the USA?

Wal-Mart is a known American multinational retail corporation that currently operates chains of large discount department stores and warehouse stores. Founded in 1962 by Sam Walton the retail corporation was broken formidable ground and has become a major threat within the community and challenges all stores around with it’s many amenities and discounted prices, a perk that benefits many low-income families within the community who may find it hard to shop and bring home the necessities they need due to other stores being too pricey based on what people call “Name Brand” clothing.

Wal-Mart’s business strategy relies on low production costs which it can pass on to its customers. If Wal-Mart were a country then it would be China’s eighth largest trading partner ahead of Russia, Australia, and Canada. Wal-Mart’s non-Chinese owned suppliers operating in China number nearly 5,000 and all of them benefit from a low valued yuan compared to the dollar. The 176 million worldwide customers of Wal-Mart also benefit from the low valued yuan. With nearly 70% of Wal-Mart’s products coming from China a sharp increase in the value of the yuan against the dollar can be devastating for the company as the increased costs for

Walmart-: Walmart is an American multinational retail corporation, its headquarter is in Bentonville, Arkansas, United States. It was founded by Sam Walton in 1962. Walmart has 11000 stores all over the world. They have stores in 28 countries. Walmart is the world’s largest company which employee’s 2.2 million people all over the world. Walmart is family owned business as it is controlled by Walton family.