Wal-Mart: The High Cost of Low Prices Case Study. https://studentshare.org/business/1505926-sociology-wal-mart
Wal-Mart: The High Cost of Low Prices Case Study. https://studentshare.org/business/1505926-sociology-wal-mart.
This can cause an effect similar to a monopoly in a small town. People may have no stores for miles except for Wal-Mart because ever place has had to close because it couldn't compete with Wal-Mart. This then leaves people with no choice BUT to shop at Wal-Mart, and this only continues the vicious cycle elsewhere in other small towns.This can cause devastating effects on a town's economy. Wal-Mart then becomes the ONLY major player still in the economy of a town. This not only puts small stores out of jobs but gets rid of the basis for all business, competition.
This can then lead to Wal-Mart's business policies becoming lax, as they no longer have to compete and now are the only game in town. The entire point of business is to have competition, but Wal-Mart makes sure to destroy all competition it can have early on.Wal-Mart also has many problems that go deeper than just the problems after the store comes in. If everybody who shopped at Wal-Mart sat down and watched this movie about how bad Wal-Mart treats its employees and the poor wages that the corporation tries to pass by.
Examples are given of major sexism against women, and how unfairly the Wal-Mart Corporation treats women. The movie tells stories of women being denied opportunities and raises, as well as advancement opportunities inside the business just because they are women. It also tells how Wal-Mart tried to push its employees unto welfare so it doesn't have to pay them as much.The bad streak doesn't end there. The movie also portrays the dark horrors inside the sweatshops, where your low, low prices are made at the expense of young, young children.
In conclusion, anybody who has ever shopped at Wal-Mart should watch this movie, just to see how real and far-reaching the effects are. To some people, it may only be shipped at one store or another, but once you see the truth behind why the little yellow face is smiling, you may decide to make your next purchase elsewhere.
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