Wal-Mart: Good or Bad?

Paper Summary:

The paper discusses how Wal-Mart has eliminated the competition while also creating opposition to its growth as an emerging monopoly. The paper reveals that, while consumers get low prices and convenient shopping, the consumer/taxpayer subsidizes Wal-Mart's profits by paying for services and social services for its retired employees. The writer looks at the perspective of some that the overall concerns outweigh the benefits. The writer, however, considers his/her own savings in time and money. The writer concludes that convenience and cheap prices come with hidden costs; whether Wal-Mart is good or bad is up to each individual to decide.

Outline:
Introduction
Wal-Mart's Success Story
Wal-Mart's Contribution to Society
Growing Opposition to Wal-Mart

From the Paper:

"Today, Wal-Mart has grown "into the largest private employer" (Rowell, 2000) with stores employing over 1.2 million associates worldwide. With more than three thousand stores and offices across the United States and more than one thousand stores internationally, Wal-Mart has achieved phenomenal success. The company "enjoys a dominant market in categories such as food, apparel, jewelry, sporting goods, and toys" (Troy, 2003) and also expanded to the online environment and established Internet sales at Walmart.com. The expansion to the Internet has skyrocketed by allowing consumers to shop online while in the comfort of their own homes. Items may be ordered, shipped, then tracked for ease of convenience and the shopper never had to leave home."

Sample of Sources Used:

• Bureau of Labor Statistics. Consumer Expenditure Survey, 1999. Washington, DC., 2000.
• Craig, T. (2002). "World's largest, and growing." DSN Retailing Today. Retrieved May 30th, 2007, from www.findarticles.com.
• Duff, M. (2001). "Wal-Mart supercenters take on capital market." DSN Retailing Today. Retrieved May 30th, 2007, from www.findarticles.com.
• Harvey, P. (2003). Radio talk show. May 30th, 2007, from www.paulharvey.com.
• Howell, D. (2001). "Wal-Mart bashing is a cop-out, not a solution." DSN Retailing Today.

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