Wal-Mart: The High Cost Of Low Price

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Corporations are a vital need in today’s global society. People need corporations due to the global scale of trade and supply and demand of all products. Yes we need corporations, but laws should be implemented to limit their control of power. Corporations make a lot of money and in doing so they look at the bigger picture. In other words: corporations break laws to gain a much larger profit and if they get caught they just pay a fine with their much large profits, and this means nothing to them because they can more than afford small fines.
Wal-Mart is a major corporation and with being a corporation it has high effects on society with not only their wallets but also their employees. As implied in the film Wal-Mart: The High Cost of Low Price, Wal-Mart uses bad practices to make a larger profit and later just pay the fine. Wal-Mart has a lot
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Some actually care about their employees such as Costco. In an online article “Why Costco Pays Its Retail Employees $20 An Hour,” it informs us how Kip Tindell, CEO of Costco believes that 1 “Great” employees is better than 3 “Good” employees. In other words he is suggesting if an employee is happy his productivity and way he carries himself will be great instead of an unhappy worker. The CEO of Costco provides his employees with salaries up to twenty dollars an hour, which is way more than minimum wage. Tindell believes if the employee is well taken care of by the corporation they are working for they will achieve better and therefore make them more productive. This suggests that keeping the employee happy with better wages and basic needs of companies that the employee will be better. This should be a model for all corporations: a CEO who cares about his employees not only his wallets but also the employees who ultimately make them the money. Maybe if the Office Space employee he made more money and had a boss that really cared about him, he would be happy too, just like all the Costco

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