Wal-Mart Pro and Cons

Wal-Mart increase completion in the area where it is located and lower prices for all consumers. Without Wal-Mart in these areas, prices will be higher and consumers would pay more. Wal-Mart prevents monopolies from occurring and encourages competition which is a very important principle of capitalism. Even Bruce Bartlett, a former deputy assistant secretary for economic policy at the United States Treasury department, talks about the importance of Wal-Mart. He worries that all the backlash and this war against Wal-Mart by critics would negatively affect poor families who relies and needs Wal-Mart (Maich 6). He continues that there is no one representing the people who benefit from Wal-Mart the most, the poor, in these debates. (Maich 6) He concluded that “If you’re stuck with a low income and you can reduce the amount you pay for basic items, then your real income goes up” (Maich 6) This statement shows how Wal-Mart is a necessity for poor people and how it help poor people to save money. Thanks to Wal-Mart people are saving money and could budget more for other items.

Wal-Mart is an American multinational retail corporation and one of the leading discount department retail stores (Wikipedia). It is the highest- grossing company in the United States (Fortune 2008a), and is by far one of the most successful companies worldwide. Wal-Mart offers a place to buy the majority of our goods under one roof like electronics, furniture, clothing, pharmacy, sports, food, books etc. Wal-Mart sells good at lower price than the others and this is even shown by its slogan “save money, live better”.  It drives out smaller and sometimes even the expensive stores out of business due to its lower prices. Wal-Mart provides jobs for thousands of

Wal-Mart is an outlet store that provides access to high quality goods like food for families in poor areas. Wal-Mart could contribute to social change or the amelioration of inequalities in society which should become at least 10% of its net profit around the world in social donations.

According to UNI report (2012) the presence of Walmart stores in local communities has a devastating impact. Large retailers like Walmart force smaller businesses to close up as they

"Walmart Can Boost the Economy." Guardian Liberty Voice. N.p., 21 Nov. 2013. Web. 12 Apr. 2016.

Walmart is good for America because, they give higher pay, they have the best prices for everyone, and reach out globally to make better offers. They take much care of their craft. Personal experiences with Walmart have been positive. Seldom has a problem not been solved within minutes, a price not satisfying, or a cheaper option overseas not taken. They know what they’re doing, and we benefit because of that. It’s excellent to have such a widely available system that so many people can

5. International Growth- The video pointed out that internationally Wal-Mart has just scratched the surface and has lots of room for growth. Expect to hear more from Wal-Mart about where we’re going in emerging markets like India and China (Gogoi, 2007). Wal-Mart is committed to being a global company and feels like expanding internationally will drive growth and hopes to add 500,000 jobs worldwide in within the next 5 years (Clifford & Rosenbloom, 2010). Brazil,

Like any business, Wal-Mart has to continually assess their strengths, weaknesses, opportunities, and threats in order to continue to be competitive. Awareness by the executives to what is happening locally and globally will further the expansion of Wal-Mart.

“Over the course of [a few years after Wal-Mart entered a community], retailers' sales of men’s' and boys' apparel dropped 44% on average, hardware sales fell by 31%, and lawn and garden sales fell by 26%. In towns without Wal-Marts that are close to towns with Wal-Marts, sales in general merchandise declined immediately after Wal-Mart stores opened. After ten years, sales declined by a cumulative 34%.”

Wal-Mart plans to work closer with their local and national suppliers to provide a direct access to their products as well as to help the under budgeted consumer afford the necessary needs for their families. Throughout the United States, Wal-Mart has went under plenty of reconstruction in order to help the customer feel comfortable shopping while they are looking for their specific needs. Heavy relocation of multiple products helped categorize their services to enhance the consumer from not searching everywhere for certain items.

When a new Wal-Mart is built in a community many people complain that the store does all kinds of damage to their community. Including but not limited to putting small local businesses at risk of closing down and hurting the economy in their community. However according to some Wal-Mart actually improves the economy of any community that it enters. And while it may force local competitors to close down this is not necessarily a bad thing.

In rural areas, the commercial boost was $74.1 million and 16.7 new stores on average.( Many can argue that Walmart has put many bussiness out of business but yet it has done the complete opposite, it attracts more people to the stores that surround Walmart or are around them making it an "economic generator" (Maich 2) and increasing their sales.

To lower production costs or producer transaction costs. Wal-Mart.com is able to lower production costs due to the fact that the number of employees, rent and advertising costs will be respectable lower for the business online than for a discount store. Instead of intermediate warehousing, Wal-mart.com will directly deliver the ordered number of products and in this regard lower its producer transaction costs, which will shift its supply curve to the right, causing a right shift of the demand curve as well.

Wal-Mart is arguably the most dynamic corporation in the last 50 years in the United States, if not the world. Arising from its beginnings in Bentonville, Arkansas, it has grown to over 4,400 discount stores, super centers and corner markets worldwide. Wal-Mart continues to expand despite public criticism of its labor practices as well as complaints about their treatment of competitors. The many strengths of Wal-Mart, like their low cost production and marketing practices, will aid Wal-Mart as it continues to grow in the retail

Wal-Mart, the big giant, the place where a lot of people usually do their shopping for the low prices and the variety of products were founded by Sam Walton. Walton was an entrepreneur with an innovative vision started his own company and made it into the leader in discount retailing that it is today. In fact, Wal-Mart is considered to be the biggest company in the U.S. and it has stores worldwide. According to PBS, “Wal-Mart employs more people than any other company in the United States outside of the Federal government, yet the majority of its employees with children live below the poverty line.”(www.pbs.org) In addition, Wal-Mart likes to portray itself as a seller of U.S. manufactured goods