A Case Analysis of the Aggressive Strategy of Prices Suppression by WalMart Essay

WalMart Case AnalysisWalmart has a very interesting state of existence because of its sheer size. For example, in the book it is mentioned that WalMarts aggressive strategy of pushing prices down is responsible for reducing the worlds inflation by almost one percent in some years. As has been said in many different arenas of human existence, with great power comes great responsibility. Many would argue that in the time since WalMart has come to exist as the multinational power it is today, it has done nothing short of abuse its power and cause harm to the people it claims to help. However, although WalMart has not achieved perfection when it comes to social responsibility, it been reasonable enough that many of its actions are highly defensible, and, in many ways, the good outweighs the bad.One of the arguments against WalMarts strategy of price suppression is that by forcing manufacturers and suppliers to keep costs down, in order to maintain profitability, overseas manufacturing, even if it were inevitable, was accelerated by WalMart. The argument against this is that jobs are going overseas, presumably never to return. However, people neglect to think that the market for employment is pretty liquid. Yes, manufacturing may have moved overseas, but the company will still have offices here. People who would have been on manufacturing floors in the past today are working in offices doing data entry jobs, secretarial work, sales jobs, and other distribution-related things. To a certain extent, unskilled labor has to adapt to whatever the market can use it for. Its not like people went to college to work at WalMart and their degrees are now worthless, as in some other professions.WalMart, for the job that its employees do, pays an enviable and competitive wage. People forget that not everyone is going to be able to make 85,000 a year because not everyone is capable of generating...

Comments

Post a Comment

Popular posts from this blog

Character Analysis of Basil Hallward in The Picture of Dorian Gray, a Novel by Oscar Wilde Essay

The main character in The Picture of Dorian Gray, Dorian, is a man too easily influenced by his surroundings. He is quoted as saying, Basil Hallward is what I think I am Lord Henry is what the world thinks me Dorian is what I would like to bein other ages, perhaps (Wilde). This comparison falls in line with the moral of the story because Dorian is stuck with eternal youth and beauty even though he has a wicked soul. This causes different views of him by people who observe his daily life. Dorian is a sponge throughout the novel that absorbs everything and allows it to shape his personality, morals, and actions. Dorian Gray takes influence from Lord Henry, Basil Hallward, and the culture of society during which the novel was written. Lord Henry is the epitome of a wealthy, hedonistic gentleman seeking only pleasure, with little regard to cost or consequence. Lord Henry Wotton outwardly propounds hedonism, but it is his extreme egotism that drives him to manipulate both Basil Hallward a
Read more

Religious Symbolism in The Blessed Damozel, a Poem by Dante Gabriel Rossetti Essay

Dante Gabriel Rossettis poem The Blessed Damozel is full of religious symbolism. There is talk of saints, and the poem itself takes place in heaven. But underneath the religious symbolism is a deep sensuality, that makes one wonder if the white rose of Marys gift referred to in line nine is the gift of Mary the Virgin, or the somewhat less virginal Mary Magdalene. While the Damozel is in heaven, her appearance in heaven, her behaviors in life, and what happens when she and her lover are reunited suggest some less than virginal dealings, yet the damozel is blessed and resides in heaven. Rossetti was the child of liberals kicked out of Italy a heavily catholic country for their extreme political views. While Rossetti himself was not political, he may have espoused similar views regarding politics and religion as his parents. In the poem The Blessed Damozel, Rossetti was given the chance to essentially create his own heaven. Most everything he wrote seems to show that Rossetti espoused
Read more

An Analysis of the Character of Chichikov in the Poem, Dead Souls by Nikolai Gogol Essay

Dead Souls takes place in the Russia of the late 1800s, where, unlike in America, one must be born into a prosperous family in order to have opportunities. The main character, Chichikov, is clever enough to develop a scheme in which he can rise from being a petty clerk to a respected landowner. In order to do this, Chichikov moves into a new town, pretending to already be a landowner, and begins a quest to buy the names of dead serfs who have not yet been officially reported dead. Each person that Chichkov presents this offer to has a different reaction, starting with the shy and introverted Manilov. Though he does not understand Chichikov's need for the names of these dead serfs, Manilov is a character that is so desperate for company that it does not take any effort to trick him into selling his dead souls cheaply. However, as Chichikov continues his journey, he starts to deal with more clever landowners who become suspicious of his scheme. Chichikov finds that the townsmen know
Read more