Another themed mixer…another trip to WalMart to buy some accessories. For us, WalMart is just a drive away from campus and an easy way to buy products cheap and rightfully so seeing as WalMart prides itself of its low prices. As management majors about to graduate in two months, there is no doubt that we have all stumbled across some WalMart themed case studies, homework assignments, papers, or projects. WalMart is an incredibly controversial company. Some deem it to be unethical and irresponsible whereas others, particularly, lower class Americans and the company, would say that WalMart is somewhat of a savior.
As a broke college student there is no doubt that I appreciate the low costs that WalMart offers. However, we must ask how can WalMart possible offer such low prices? How does it affect the rest of America and better yet, the rest of the global world?
WalMart is more than just a company. WalMart is like a global force. “If Wal-Mart were an individual economy, it would rank as China’s eighth-biggest trading partner, ahead of Russia, Australia, and Canada.” Like Nike and many other successful companies, WalMart has been scrutinized and under the eye of the media. While claiming it is again slave labor, there have been many stories of some of its Chine clothing factories forcing workers to work in poor conditions with long hours and little pay. Like Nike, WalMart must find the balance between outsourcing (particularly from China) while also employing those in America.
As Global Exchange, a human rights organization, stated, WalMart “is the biggest corporation in the world and the poster child for corporate globalization gone awry.” Global Exchange continues by stating, “its business model has a huge influence on workers, businesses and communities around the world; so far WalMart has used that influence to ruthlessly drive down costs as a means of making profit, violating a vast array of human rights and labor rights along the way.”
Again we come at a crossroads. On one hand I understand the power that WalMart has and the temptation to use that power to make the company even more successful than it already is. It is expensive to employ people in America and as it is they are already employing over 1 million people. Perhaps WalMart is not the monster it is made out to be. On the other hand, there is a considerably strong case made against WalMart making it out to be an evil corporation. In your opinion, do you believe that WalMart really is the monster it is made out to be or do you think that WalMart is right in doing what it is?