By 1990 Walmart was the nation’s number one retailer. At that time, it also went international. Walmart is the largest employer in the United States employing 2.1 million full-time employees. They are the largest employer in 25 states. Walmart is known for having the lowest competitive prices on merchandise. Local and small businesses cannot compete with Walmart’s low prices because they hold the power over other businesses in the economy.
Walmart is able to sell merchandise at low prices because they are the largest retailer. They are able to buy a wide variety of merchandise at lower than wholesale prices as they are able to purchase merchandise in mass quantities. Walmart is known for convenience shopping and as a one-stop shopping …show more content…
The functionalist perspective is similar to the systems theory in that it explains larger organizations like Walmart are functional because they meet the needs in terms of balance and stability of lower income families. Systems theory explains that things will not change quickly and that the organization will stay the same over time. Small changes are supported, but only if it is in the best interests of those who hold power and wealth in society.
The functionalist theory also explains the positive benefits that employees or associates of Walmart have the opportunity to be a stockholder and a consumer and share in the profits of the organization. Unfortunately it is certain that these associates do not own enough stock in the company to exercise any control or influence change.
Even though employees have the opportunity to purchase health care insurance, they still cannot afford it because they are paid low wages. The functionalist perspective believes it is important to maintain a heathy workforce and that people need to be healthy in order to work. It is clear that the organization supports the link between providing the opportunity for health care and the needs of the economy. While the organization is complying with this requirement by offering health care coverage, workers are still unable to take advantage of health care insurance and the systems sees this as someone else’s problem (Johnson and Rhodes,
Walmart is able to sell merchandise at low prices because they are the largest retailer. They are able to buy a wide variety of merchandise at lower than wholesale prices as they are able to purchase merchandise in mass quantities. Walmart is known for convenience shopping and as a one-stop shopping …show more content…
The functionalist perspective is similar to the systems theory in that it explains larger organizations like Walmart are functional because they meet the needs in terms of balance and stability of lower income families. Systems theory explains that things will not change quickly and that the organization will stay the same over time. Small changes are supported, but only if it is in the best interests of those who hold power and wealth in society.
The functionalist theory also explains the positive benefits that employees or associates of Walmart have the opportunity to be a stockholder and a consumer and share in the profits of the organization. Unfortunately it is certain that these associates do not own enough stock in the company to exercise any control or influence change.
Even though employees have the opportunity to purchase health care insurance, they still cannot afford it because they are paid low wages. The functionalist perspective believes it is important to maintain a heathy workforce and that people need to be healthy in order to work. It is clear that the organization supports the link between providing the opportunity for health care and the needs of the economy. While the organization is complying with this requirement by offering health care coverage, workers are still unable to take advantage of health care insurance and the systems sees this as someone else’s problem (Johnson and Rhodes,