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The paper applies the three social theories of structural functionalism, conflict theory and symbolic interactionism to Wal-Mart. The paper shows how Wal-Mart, as the leading hegemonic force in the retail industry, has made a large social impact.
From the Paper:"One theoretic approach called Functionalism proposes that society is "a stable ordered system of interrelated parts and each structure has a function to contribute to the stability of the whole." (Ferris, Stein, 2008, p. 42) One of Walmart's functions for society is to provide a wide range of food, goods and services to the broadest demographic possible at an affordable price in relation to local competition. This helps to maintain a vital commercial economy without a class struggle between what Marx said as the "haves and the have-nots" (Ferris, Stein, 2008, p. 39). As an observation, on the shelving displays at a local Walmart, there were "we price match" signage, "roll-back" and "was and now" signage throughout the store."
Sample of Sources Used:
- Ferris, K. & Stein, J., (2008). The Real World: An Introduction to Sociology. New York NY: Norton & Company.
- Kottak, C. P. (2008). Mirror for Humanity. (6th ed.). New York, NY: McGraw-Hill.
- Unknown Author. (2007, September 13). Wal-Mart's ad slogan changes after 19 years. Retrieved May 20, 2009 from http://www.thestar.com/Business/article/255999
- Walmart Watch. (2009) Retrieved May 20, 2009 from http://walmartwatch.com/
Cite this Term Paper:
Wal-Mart and Society (2010, June 25) Retrieved March 30, 2020, from https://www.academon.com/term-paper/wal-mart-and-society-128037/
"Wal-Mart and Society" 25 June 2010. Web. 30 March. 2020. <https://www.academon.com/term-paper/wal-mart-and-society-128037/>