Social Impacts Of Walmart

Great Essays
With all of the negativity towards Wal-Mart, including the birth and death rates of local establishments when a Wal-Mart store moves into a community – “within 15 months of a new Wal-Mart store entry, between 4.4 and 14.2 existing retail establishments close while at most 3.5 new retail establishments open” (Ficano, 2013) - some do feel that Wal-Mart has a positive effect on small town communities with respect to social capital. As stated in the article, Wal-Mart and social capital: Builder, destroyer, or both?, “Wal-Mart’s presence may increase social capital by building community programs and by reducing the time required to shop, leaving more time for other social capital producing activities. Moreover, by allowing consumers to spend less …show more content…
While Wal-Mart continues to operate unethically, consumers have looked the other way and continue to purchase items from the retail store, hoping to save money; however, their savings stunts the growth of their community and the economy. Because of this happening, Wal-Mart continues to increase its revenue and profits each year while small mom and pop stores are forced to close and men and women are out of jobs. Wal-Mart may claim that it runs its business ethically and, with the welfare of consumers, suppliers, and communities in mind; however, many individuals, including myself, think differently. Wal-Mart has overwhelming control over its consumers, employees, suppliers, and the communities in which it operates, and with the current economic conditions, Wal-Mart takes advantage of this and operates unethically. It is a true hazard to its stakeholders and also to the economy as a whole. Consumers have been “forced to hold the savings they incur at Wal-Mart more valuable than the economic condition of their respective communities and nation. Government intervention, however, could force Wal-Mart to behave in a more ethical manner. In most cases government interference in realm of business is unnecessary and a hindrance, but in this specific case governmental implementation of CSR (corporate social responsibility) in the form of legislation is necessary” (Crofoot, …show more content…
Being a utilitarian, non-profit organization, its main focus is to support and care for ALL those affected by Alzheimer’s disease, and raise money for their mission, not to make a profit. This organization also believes that it is their duty to “to eliminate Alzheimer’s disease through the advancement of research; to provide and enhance care and support for all affected; and to reduce the risk of dementia through the promotion of brain health” (ALZ, 2015). When founding president, Jerome Stone’s wife, Evelyn was diagnosed with the disease in 1970, “he recognized the need for a leader in the field that would unite caregivers, provide support to those facing Alzheimer 's, and advance research toward treatment, prevention and, ultimately, a cure. His drive and determination led to the creation of the Alzheimer 's Association in 1979. Mr. Stone is responsible for where the Association is today in the fight against Alzheimer 's. He took a disease that was cloaked in silence and helped to create a national — and global — conversation. Jerome Stone was a true visionary in the Alzheimer’s movement and a true utilitarian; acting in a moral way that was the greatest good for the greatest number people. The organization also runs in a utilitarian way with its person-centered care. This type of care “focuses on the individual needs of a person rather than on

Related Documents

  • Improved Essays

    Wal-Mart has been recognized as one of the most unethical companies of this generation, the company has been getting away with multiple unethical and illegal acts for many years now. In 2010, Walmart was considered the world’s largest employer (Sethi, 2013). Some of the few unethical and illegal acts they have been accused of is, fraud, acts of bribery, corruption and mistreatment of employees with their powerful market status. Wal-mart has also been recognized one of the worst companies to work for as they have been accused on multiple occasions of underpaying their overtime workers, withholding alleged health benefits, mistreatment of employees and so on, because of which, the company has been sued on many occasions by its employees. As it’s…

    • 260 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    One, Wal-Mart typically uses overseas outlets to produce their products, which takes away manufacturing and production jobs here in America. They also ignore issues that happen in their own factories and stores. Two, Wal-Mart has driven many small businesses out of towns across the country, destroying the neighborly customer service we have seen in many other stores other than Wal-mart. They have trained people who work at minimum…

    • 254 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Is Walmart Good For America ? Walmart is one of the largest corporation in United States, it has transformed Lifestyle and economy of America significantly. There is positive site and negative site about it like: Is outsourcing good, do Employees get right wages, how it is helping Walmart by not forming a union, are their price strategy affecting other store, are Stores like Walmart good for neighborhoods and small town, and should Walmart sell guns.…

    • 311 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    Notably, Wal-Mart is good for America because of its much needed employment opportunities. All the stores operated by Wal-Mart employ many people. Therefore, every time Wal-Mart opens a new store, employment opportunities in that area increase. This would help lower the unemployment rate, which in turn boosts the local economy.…

    • 282 Words
    • 2 Pages
    Decent Essays
  • Superior Essays

    With Walmart, it was made possible to still have reasonably priced products and services while still being conscious of the environmental impact they are making. Personally, I find myself looking to Walmart as a place where I can purchase my groceries or toiletries guilt free. The cost is reasonable, if not the…

    • 862 Words
    • 4 Pages
    Superior Essays
  • Improved Essays

    Wal-Mart has been a massive presence in the supermarket industry throughout the United States for years. There are those that believe that Wal-Mart is beneficial for American society. However, there are also people that believe that Wal-Mart is affecting America negatively and that it should be shut down. This is the correct thinking. Wal-Mart is bad for America because it treats its employees badly, it causes smaller businesses to close, it prevents its workers from joining unions, and it mistreats its suppliers.…

    • 901 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The historical accounts written in the book, To Serve God and Walmart by Bethany Moreton addresses how in an attempt to appeal to the rural, Christian, family-oriented Ozark-region where it began, Wal-Mart had do found itself based on the fundamental values of its people. Without its ability to correspond to the Ozark values of avoidance of selfishness, making communal contributions, and providing support for one’s immediate family, Wal-Mart would not have been able to succeed in the big-business-opposing community nor would it have been able to expand…

    • 1027 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Walmart makes money from products coming from other countries”. Although Wal-Mart makes an unbelievable amount of sales and is one of the biggest corporations in America, it has deprived many of fair wages, fair treatment, and most of all a fair chance for local…

    • 1108 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    Walmart Slave Labor

    • 1395 Words
    • 6 Pages

    Wal-Mart and the use of Child and Slave Labour By Karina Da Cruz 04/13/2016 Wal-mart is known for its affordable prices. However these prices often come at a high cost to humanity. Founded in 1962, Wal-Mart grew rapidly, reaching $1 billion in annual sales in 1980 and $100 billion annual sales in 1997. Today the company employs 2.2 million associates and has 11 thousand stores worldwide as well as a massive number of suppliers overseas (About us).…

    • 1395 Words
    • 6 Pages
    Superior Essays
  • Improved Essays

    The nation’s largest company is met with large protests when trying to open stores in some small communities. Wal-Mart being a retail store where you could basically find everything you need at extremely low prices makes it an almost impossible company to compete Tedros3 with. Many small businesses that are present before Wal-Mart arrives, have a high risk…

    • 865 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Pros And Cons Of Wal-Mart

    • 547 Words
    • 3 Pages

    Back in the 1940’s in Newport, Arkansas, Sam Walton started franchising a Ben Franklin’s variety store, until he came up with a bright idea. Walton went on a voyage talking to suppliers throughout the small town looking for deals to make bargains so he could bring more supplies and goods into his store. Although, retailers that manage to get bargains from wholesalers would not change the store prices just so to make profit and income from the sales. Walton knew that he could perform better in his sales by passing his savings to customers and gaining more volume which leads Walton to more profit. By the 1980’s, Sam Walton became ranked as the richest man in the United States by establishing a store, which the headquarters of the corporation…

    • 547 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    1. What does the documentary “Is Wal-Mart Good for America” illustrate about the business environment at the time? At the beginning, the business environment of Wal-Wart was based on quality and competitiveness. To develop its business, Sam Walton, the founder of Wal-mart was looking for low prices, and he decided to get cheaper imports from China. As Wal-Mart begun to grow its business, its environment changed; it forces suppliers and competitors to sell at their cheapest price.…

    • 742 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Walmart, may be good for the rich since they will not be affected by these lower scale jobs but it can have a detrimental affect on the community. As mentioned by Fowler in Business News Daily, “‘We know now the true economic impact a Walmart store has on a neighborhood when it moves in. " Fowler, who conducted the research for Puget Sound Sage, said, " ‘The research shows that the negative impact is due to the use of the Walmart business model. A new 'generic ' grocery store does not equal economic harm, but a new Walmart does.”’ (Mielach, 2012).…

    • 1003 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Target and Starbucks operate in different markets and sell different products, but their shared values can be somewhat overlooked. Target, a retail chain, offers home goods, clothes, electronics, and groceries. By contrast, Starbucks is a coffee chain found across the world. However, their shared commitment to doing business ethically, legally, and to their best ability is why Starbucks can be found in many Targets. In fact, Target’s code of conduct explicitly states its “commitment to doing business ethically and legally means that we will only work with vendors and suppliers who share the same commitment.”…

    • 736 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Analyzing Wal-Mart Wal-Mart is a nationwide cooperation that supplies cheap goods, decent pay, and friendly service to consumers all over the nation. The consumers request the items. These items could range from yogurt and lip gloss to clothes and a new flat screen. Whatever our needs/want Walmart always has what we’re looking for, and if it’s not the cheapest they have a program that always you to get that extra money spent back.…

    • 1118 Words
    • 5 Pages
    Improved Essays

Related Topics