1.0 Introduction
Wal-Mart Stores, Inc. began in the year of 1962 and its founder is Sam Walton. Till now, Wal-Mart is so successful because its founder, Walton emphasized on the customer satisfaction and difficult work. This creates a value on Wal-Mart. It is indeed popular in American business of its low prices and it is one of the worlds largest public corporations. Hence, it has to be more careful while handling the relationships between different stakeholders. Wal-Mart is reported to be able relieve the average family of $3200 annually. However, the company has received many critics on the issues of its treatment towards its employees, suppliers and economic impacts on communities. Many stand appear to express that Wal-Mart is engaged in immoral issues in order to countenance low prices.
This case attempts to show us about the public debate of both the positive and negative impacts on the society collectible to Wal-Marts low determine. It involves various stakeholders here in the case, such(prenominal) as competitors, suppliers, and employees. In addition, some ethical issues such as the discrimination, illegal immigration issues, and leadership misconduct are brought out to discuss.
2.0 Wal-Marts Stakeholders relationship
2.
1 Competitors Stakeholders
Problem:
Wal-Mart used predacious pricing which causes new(prenominal) companies out of business. This is because they work on volume. They can give greater discount than any other competitors can afford and withal still make a profit. There is lawsuit in Germany in September 2000 that accused there is illegal pricing of goods below the market price. We could see its intention on private road other competitors out of the area, form a local monopoly with no competition and recover the loss through higher prices when it monopoly. The predatory pricing will leads to limitation of consumers choice, and they might own to establish higher price when Wal-Mart is monopoly. In order to compete with Wal-Mart, competitors have to reduce the wages. This would cause the wages...If you want to get a well(p) essay, order it on our website: Orderessay
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