logo image

Corporate citizenship

All said and done, the entry of Wal-Mart into a town causes significant mortality for many businesses. However, the public relations of Wal-Mart always insists that their drive to introduce a store in any locality is drawn from the fact that they want to deliver low prices to customers and not driving local merchants out of business as widely believed (Gillette, 2002). The democratic principles of allowing people to vote on whether a store can be located in a place demonstrates how Wal-Mart plays good corporate citizenship (Coates, 2005).

If the decision to locate a store was autocratic, then mortality rates of local merchants would be skyrocketing. The mortality of local merchants due to introduction of giant discount stores not just Wal-Mart is an indication of one of the harmful by products of Capitalism. Conclusion The world’s powerful retail company is vetted in the globe as a chain that offers products at low prices. The retail giant has been phenomenal in markets that it enters. In this case, often it has received negative publicity as a brutal killer of local merchants.

Pundits say that the entry of this global chain has been attracting traffic to the stores to the demise of local merchants. According to the public relations of Wal-Mart, the retail giant is guided to setting stores by the desire to bring products at a lower price to their customers and never any mischievous motives of strangling local merchants. Finally, to prevent the high mortality of local merchants, it is important for Wal-Mart to be tasked on ethical pricing.

The extremely low prices offered by Wal-Mart is what is driving local merchants out of business.

References

Brunn, S. D (2006) Wal-Mart world: the world’s biggest corporation in the global economy, CRC Press Carl Manning Associated Press (2003) Weathering Wal-Mart: Local Merchants find ways to Compete with Retail, Retrieved 23 July 2009 from http://findarticles. com/p/articles/mi_qn4188/is_20030801/ai_n11403609/ Coates, T. P (2005) Wal-Mart’s urban romance, Time South Pacific (Australia/New Zealand edition) 08180628, no. 35

Read full document

Can’t wait to take that assignment burden offyour shoulders?

Let us know what it is and we will show you how it can be done!
×
Sorry, but copying text is forbidden on this website. If you need this or any other sample, please register
Signup & Access Essays

Already on Businessays? Login here

No, thanks. I prefer suffering on my own
Sorry, but copying text is forbidden on this website. If you need this or any other sample register now and get a free access to all papers, carefully proofread and edited by our experts.
Sign in / Sign up
No, thanks. I prefer suffering on my own
Not quite the topic you need?
We would be happy to write it
Join and witness the magic
Service Open At All Times
|
Complete Buyer Protection
|
Plagiarism-Free Writing

Emily from Businessays

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out https://goo.gl/chNgQy