Walmart: Destroying America

             Everyday in America, millions of shoppers invade the shores of retailers. Armed with with deadly calculators and intimidating shopping lists, they peruse every isle with a strong will and unbreakable determination. These soldiers of capitalism have a clear mission, to seek and obtain the lowest priced items possible. In this war of prices, however, consumers want a strong ally, an ally who is willing to do anything to assist them in their quest for a low price. More specifically, they want Wal-Mart.
             Founded in 1962 by Sam Walton, a shrewd businessman from Arkansas, Wal-Mart started on a righteous path. Their original ideals involved giving employees a piece of the company (Belsie para 1). This piece was represented by shares of stock. The whole idea of giving employees stock, revolutionary at the time, was meant to motivate employees to want to see their company do well. The payoff for the employees was simple and gratifying. When the company did well, so did they.
             Although Wal-Mart's business ideals were prosperous for everyone during this time, their practices soon began to change. The company realized that customers were no longer interested in kind gestures. They wanted more for less. Because of this harsh demand, Wal-Mart has now placed an emphasis on low prices while neglecting their once positive ways of conducting business. American shoppers should stop supporting Wal-Mart and their poor business ethics that they implement to continually lower their prices. But one real question remains: How can the United States Government regulate business operations, yet continue to promote America as a place to operate a business? Since it is a business that relies on thousands of other businesses, who rely greatly on them, Wal-Mart is a prime source for a plethora of examples.
             Wal-Mart's cost cutting strategies are most easily observed by analyzing it's employees that work in one of the 2740 discount stores that are op...

More Essays:

APA     MLA     Chicago
Walmart: Destroying America. (1969, December 31). In MegaEssays.com. Retrieved 13:09, May 14, 2024, from https://www.megaessays.com/viewpaper/7787.html