BUSN115 In What Manner is Wal Mart

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BUSN115 In What Manner is Wal Mart
Do Wal-Mart’s business practices raise or lower our standard of living? How? Why do you think …

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BUSN115 In What Manner is Wal Mart

BUSN115 In What Manner is Wal Mart

Discussions Week 1 Posted by All Students – 54 Pages

Do Wal-Mart’s business practices raise or lower our standard of living? How? Why do you think this is so?  Is Wal-Mart’s business strategy fair and equitable to all parties? Why or why not? What are ways that a government of any country can lessen the risks to encourage people to start businesses (entrepreneurship)? Based on the feedback in this thread can we agree that a company’s strategy can be viewed as management’s game plan for:

  • How to grow the business
  • how to compete successfully
  • how to attract and please customers
  • How to conduct operations
  • Overall how to achieve targeted objectives

I have been on the fence about Wal-Mart for a long time.  I have several friends that will not step foot inside of a Wal-Mart.  I think the specifics on how the Wal-Mart could raise or lower living standards would hinge on location.  If your location was directly affected by Wal-Mart opening, then it possibly have a negative effect.  On the other hand, my personal experience is a higher standard of living.  Given the sheer amount of items I can purchase at the local Super Wal-Mart.  The items I am buying may not be the same quality as a different retailer with a different manufacturer, however on plenty of items that Wal-Mart sells it is unnecessary for me.

I think recent events would show even Wal-Mart has started to question their business strategy and the lack of support for US manufacturing…