Monday, April 13, 2020
Walmart Journey Towards Corruption free essay sample
Wal-Martââ¬â¢s Journey Towards Corruption Due to Wal-Martââ¬â¢s absolute power they have constructed a corrupt business. They want to become a very large and profitable company that they donââ¬â¢t care if they are mistreating their employees, or running other small/family business out of business. They truly do not care about the society theyââ¬â¢re affecting due to the fact they are that greedy, and corrupt. Itââ¬â¢s surprising to me that the percentage points between men and women were so vastly different in the way the company treats us,â⬠said a Wal-Mart associate Maggie Van Ness. This quote states that Wal-Mart discrimination towards women is far greater than the men. Another case of Wal-Martââ¬â¢s discrimination was when they fired an employee in July 16, 2011. A man named Roger Barr was fired immediately after he was alleged to be a Jew. After trying to mollify its critics in recent years by offering better health care benefits to its employees, Wal-Mart is substantially rolling back coverage for part-time workers and significantly raising premiums for many full-time staff. We will write a custom essay sample on Walmart Journey Towards Corruption or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page â⬠, said a Wal-Mart manager. This quote is telling the reader that Wal-Mart is cutting back many and many part time employers therefore saving a lot of money. ââ¬Å"In 1991, Charles Hoodââ¬â¢s Advantage Media Group, Inc. (AMG) was a public company having a market value well over $18 million; in 1998, AMG had to shut its doors for good. What changed in those seven years? Doing business with Wal-Mart. Although there were many warning signs throughout AMGââ¬â¢s dealings with Wal-Mart of the destruction that was to come, Hood admits to being bitten by Wal-Martââ¬â¢s infectious greed, focusing solely on profits. â⬠Charles Hood. Wal-Mart has tried endlessly to come into small town communities to improve their social statistics, and have done the complete opposite. In 2006, the big-box retailer promised to bring jobs to the cash-strapped community. But according to a landmark study by Loyola University, the company didnt match reality, within two years of Wal-Marts opening its doors, 82 local stores went out of business. Instead of growing the communityââ¬â¢s retail economy, Wal-Mart simply overtook it therefore absorbing sales from other city stores and shuttering dozens of them in the process. These simple quotes on how Wal-Martââ¬â¢s absolute power shows the audience how it became a corrupt business and how itââ¬â¢s simple greed to grow larger and more profitable affected many employees, small and large businesses.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.