Wal-Mart is the largest corporation in the world, and it has obviously enjoyed t
ID: 439327 • Letter: W
Question
Wal-Mart is the largest corporation in the world, and it has obviously enjoyed tremendous success. But while many welcome its location in their communities, others do not. Some complain that its presence has too many negative effects on a community, ranging from traffic congestion to anti-union sentiment to unfair competition. Suppose Wal-Mart has announced plans to seek approval from the planning commission of a small town to build a new store. Develop a list of the main arguments, pro and con, that could be presented at a public hearing on the matter by members of each of these two groups: 1. Owners of small businesses located nearby. 2. Town residents, and residents of nearby towns. How might a Wal-Mart representative respond to the negative criticisms that might be brought up, and what other benefits could the representative offer the planning board to bolster Wal-MartExplanation / Answer
this is the shortest and straightforward answer to tour questio i hope thsi will help you..... Owners of small businesses located nearby Small business owners located in the town and nearby vicinity would view the coming and establishment of Wal-Mart as a potential threat. That is why for the sake of their business, most of them would argue against Wal-Mart establishing its store. Some of the arguments that they may present are: Due to its size, Wal-Mart would be able to offer a wider product range Because of its size and inherent purchasing power that allows to buy in bulk, Wal-Mart would be offering customers discounts that the local stores cannot simply match The town's exquisite products would disappear since cheaper alternatives would now be available through Wal-Mart Wal-Mart would capture all the local suppliers for itself and buy goods from them at process favorable to it, while the locals would be left with little supplies and at a higher price Wal-Mart would operate at a 24/7 basis, which would be impossible for the local stores to match, as they have neither the manpower nor the money to finance such operations The above mentioned conditions would eventually mean that the locals go out of business gradually, allowing Wal-Mart a chance to purchase those stores for itself at deep discounts. Town residents and residents of nearby towns Residents of the town and those of near by towns would see Wal-Mart store as both an opportunity and a threat, since they would gain some and lose some from its opening. The advantages that they would see are: The locals would now have more variety of products at their local store. They, and the residents of nearby towns would now not have to travel far and go to cities to fetch their desired products. They would get more utility from the product as it is now available locally They would save money by not traveling to cities and by availing the discounts offered by Wal-Mart. The store would create jobs for local residents and its 24/7-hour schedule would facilitate people who cannot work during the day. If the store cite is rented or leased, it would give the local landlords to rent out their property at a premium rate. The disadvantages are as follows: Employees would not have the power to voice their concerns because Wal-Mart discourages unionism. Wal-Mart may start to monopolize the market and set its own prices once it has eradicated the local competition. The store may start to force its products upon the local community rather than offering them what they want. There is a danger that transportation in bulk may overburden the town's roads and cause traffic congestion. The excess activity is bound to raise pollution levels. People, who have lost their business to Wal-Mart, would also have to be compensated in some way. A Wal-Mart representative may counter these allegations as follows: Wal-Mart is only encouraging competition by offering more products and services, which is purely legal and which is taken as an excuse by businesses who simply don't want to compete. A 24/7-hour schedule has been designed for the customer's ease not that of the storeowners, as it is the duty of a store to serve its customers well. Wal-Mart creates a sense of appreciation amongst its customers by offering them quality products at affordable prices so that they realize they have been cheated by others in the name of quality. Wal-Mart discourages unionism because it is the will of a few dominant persons portrayed as the will of all. It facilitates individual workers, who can voice their concerns to management at any time. The store would become part of the community by gaining knowledge of the local tastes, fashions and customs through its local workforce. Transportation wont become a problem through the use of advanced logistics management software and coupled with the eco friendly policies adopted by Wal-Mart, pollution wont be a problem. Wal-Mart actively is more socially responsible since it balances between people, planet and profits
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