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The World of Wal-Mart and Its Troubles - Essay Example

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This paper "The World of Wal-Mart and Its Troubles" focuses on the fact that Wal-Mart stores, Inc. is the biggest retail enterprise. In 2011, the business had a total income of $421.8 billion and net revenue of $16.4 billion. In 2010, the company had 2.1 million employees all over the world. …
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The World of Wal-Mart and Its Troubles
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Wal-Mart is in conflict with any collective action form. This conflict is viewed even when their employees are not looking for unionization but looking for respect (Sethi, 2013). In foreign parts, Wal-Mart has been involved in different types of scandals, as well as multiple bribery cases. In April 2012, a tory was published by The New York Times that revealed hundreds of suspicious payments done to the Mexican officials. These payments totalled to above than $24 million (Sethi, 2013). As stated by the Times, Wal-Mart attained hundreds of fraud and bribery internal reports yearly. In the past 18 months, in Asia, there were 90 bribery reports.

In conclusion, Wal-Mart has been seen to spend more than $35 million by hiring more than thirty five lawyers, investigators and accountants in dealing and investigating the bribery issues. Wal-Mart has been seen to be associated with the injuries and deaths of many workers in their places of work, particularly in Bangladesh and other nations where low-wage, low skill manufacturing prevails.
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