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Wednesday, January 8, 2014

Is Wal-Mart Good for the Economy

                 Is Walmart good for the economy? Walmart is causing a calamity in our economy today. The  billiona retailer has grown to be the largest company in the world, grossing a staggering 446 billion dollars in 2011  and employing over 2.2 meg people world wide. The  giant corporation does not ante up its employees a living  wage, and half of their employees cannister not bear with a health  care plan. With such a insufficiency of financial stability  many of  Walmart employees are force to stress government  assistants programs, such as Welfare.  The economic  destruction does not end at mediocre pay and a piffling  benefits packages for its employees. Walmart is  also to  blame for the downfall of many in private owned  businesses, because of an inability to compete with the  super store.  Walmart was founded 1962 in cracker-barrel Arkansas, by Sam  Walton. Walton saw an  increasing need for consumers to  pick up goods at a minimal price. Fulfilling that demand   accelerated Walmart to the top off echelon of business.   umpteen entrepreneurs can only dream of the type of  winner that a store like Walmart has had. Being the  quintessential wiz stop, shop, and go for all your home,  garden, and automotive needs, Walmart has monopolized  the retail industry.
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The tactics utilise  to exert corporate  supremacy are not effective to any hotshot opposite than its  CEOs and share holders. With 8 cents of every dollar  washed-out in America and over 80 percent of Walmarts  suppliers determined in china, it is easy to see that Walmarts  business! model is noxious to our economy.  The uncompromising, elitist   berth that Walmart  practices, forced some employees to try to unionize the  company. The American employees receive a minuscule  average pay of in force(p) $9.45  per hour, for what can be  compared to slave labor. It is not uncommon for one  employee to do many jobs. Walmart employee have to  work overtime fault to fit out the need of their families.  Tax payers have...If you want to invite a replete essay, order it on our website: OrderCustomPaper.com

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