This paper discusses the negative effect of Wal-Mart's "price-rollback" strategies on the U.S. economy.
Written in 2004; 910 words; 4 sources; APA; $ 32.95
Paper Summary:
This paper explains that Wal-Mart, in the search for cheaper goods, aggressively pushes its suppliers to cut wholesale cost, causing factory jobs to move from one poverty-stricken nation to another and failing to meet the labor standards set by human and labor rights activists and yet attained by other prominent companies. The author points out that, although Wal-Mart provides job opportunity, lower prices, and quality of products, it has a negative effect on a community because the smaller retail companies and companies that provide employee benefits can not compete with its prices. The paper states that the only hope that this economic community can recover from the "Wal-Mart effect" is in the negotiation of benefits for Wal-Mart workers and better treatment of its 'third-world? employees.
Table of Contents
Statement of Thesis
Introduction
Negative Effect: Violations of Human and Worker Rights and Unfair Labor Practices
Positive Effects of Wal-Mart: Job Opportunity, Lower Prices, Quality of Products
Conclusion
From the Paper:
"In other reports, Wal-Mart managers being pressured by the Main Office of Wal-Mart in Bentonville in terms of labor costs, were found guilty by an Oregon jury for coercing employees whose numbers were in the hundreds, to work overtime hours without receiving pay. Due to having been ridiculed in a broadcast of the company's report via in-house satellites the managers also were found guilty of tampering with time cards and bullying employees to work without clocking in. The report stated that although Wal-Mart had settled the cases in Oregon and Mexico there were still 40 plus cases coming up for trial against the company."
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