Wal Mart - 1969 Words

1. Functionalist questions a. What are the functions of Wal-Mart for society? Wal-Mart is an American multinational retail corporation and one of the leading discount department retail stores (Wikipedia). It is the highest- grossing company in the United States (Fortune 2008a), and is by far one of the most successful companies worldwide. Wal-Mart offers a place to buy the majority of our goods under one roof like electronics, furniture, clothing, pharmacy, sports, food, books etc. Wal-Mart sells good at lower price than the others and this is even shown by its slogan â€Å"save money, live better†. It drives out smaller and sometimes even the expensive stores out of business due to its lower prices. Wal-Mart provides jobs for thousands of†¦show more content†¦However rather than Wal-Mart itself doing this it is the Wal-Mart effect’. The class inequalities are increased because of pressure on wages brought about by their outsourcing policies class. Whereas on the other hand gender inequality has increase as Wal-Mart provide flexible pa rt time work which are found easily accessible by women because they are the primary workers in the home. This perpetuates racial inequalities in our society and pushes poor ethnic communities in a cycle of poverty. d. Does Wal-Mart contribute to conflict between unequal groups in our society? If so, how? Wal-Mart being one of the big company get its supplies cheaply and in a large quantity. This disables other supermarkets to compete with Wal-Mart. Where ever a Wal-Mart opens, many other stores close down because all their customers have been stolen by Wal-Mart. Wal-Mart doesn’t pay its employees enough money to support their families’ because the wages are not designed to support a family. Even though, it can afford wage increases they still don’t do it. e. How might Wal-Mart contribute to social change, or the amelioration of inequalities in society? Wal-Mart is an outlet store that provides access to high quality goods like food for families in poor areas. Wal-Mart could contribute to social change or the amelioration of inequalities in society which should become at least 10% of its net profit around the world in social donations. 3. InteractionistShow MoreRelatedWal-Mart1786 Words   |  8 PagesINTRODUCTION Wal-Mart is a company based in North America but has become the largest retailer and is larger than any other retail chain in the world. It is clear that Wal-Mart is growing and gaining international power at an alarming rate. Wal-Mart journey from humble beginnings in the 1960s as a folksy discount retailer in the boondocks of Arkansas to a global retailing juggernaut in 2008 was unprecedented among the company of the world: Sales were expected to exceed $400 billion in fiscal 2009. Wal-MartRead MoreThe Wal Mart Essay1768 Words   |  8 PagesSam Walton is the originator of the Wal-Mart Stores in 1962. It has its central command situated in Bentonville Arkansas. Wal-Mart Store is an American – universal retail organization, that runs vast stockroom and departmental stores. It is positioned as the biggest private manager around the world, having utilized more than two million individuals. It is situated in more than 50 states in America. The organization s administrations are offered in around 15 nations around the world. It has aroundRead MoreWal-Mart Positive1372 Words   |  6 PagesMay 2011 Wal-Mart’s Positive Effect on a Community   Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  Ã‚  When it comes to shopping for clothes, groceries, and other belongings; there is one question customers must ask themselves. Do you shop with your head or your heart? Shopping with you head refers to looking for discounts and saving as much money as you can while, shopping with your heart is going to a local store and paying extra to support a family owned business. Most respond with saving money and getting discounts. Wal-Mart is one ofRead MoreWal-Mart Background974 Words   |  4 PagesCompany background Wal-Mart is the worlds largest retailer by annual sales and number of employees, tracing its history back to 1962 when it was first opened in US (guardian.co.uk). Wal-Mart operates in 27 countries worldwide under 69 different names including the acquisition of ASDA in the UK. Wal-Mart has reached $1bn in sales in 1980 and reached $414bn in 2012 and is currently employing 2.2 million employees worldwide. Wal-Marts stores offer merchandise such as housewares, electronics, smallRead MoreThe Success Of Wal Mart3036 Words   |  13 PagesMission Wal-Mart Stores have been around for more than 50 years, opening the first store in Rogers, Arkansas in 1962. After an early success of a small dime store Mr. Sam Walton wanted to expand on his business knowledge and liked the idea of living in a small town where he and his wife could enjoy a small town living. 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It is the largest private employer in the world and the fourth largest utility or commercial employer. Wal-Mart is the largest grocery retailer in the United States, with an estimated 20% of the retail grocery and consumables business, as well as the largest toy seller in theRead MoreThe Case Of Wal Mart1119 Words   |  5 PagesWhen we hear someone say they need to go to the grocery store, what is the first place that comes to mind? For most of us, it is Wal Mart. From its market end, to its home and beauty supply, all the way to its lawn and garden department, Wal Mart has been ordained one of the most profitable companies in the entire world. But it did not start out that way. With a dream, determination, leadership, and some sweat, Sam Walton, made a small mom and pop store int o the multibillion dollar company it isRead MoreEssay on Wal-Mart690 Words   |  3 Pages Case Analysis: Wal-Mart History/Development/Growth Sam Walton founded wal-Mart in 1962. 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