Wal-Mart Case

Wal-Mart

Wal-Mart is not just a mega corporation who needs no introduction it 's a privately controlled economic institution which has managed to impact prices , wages , and economies on a local as well as global scale . It 's because of the huge scale on which it operates , it 's able to command the movement in the market . It works by lowering down the prices of commodities it sells , thereby making the consumers flock to its stores instead of any other store , by shaping there shopping habits , and by driving down the prices

of other retailers as well who in to remain existent in the market have to follow this southward trend else they will have to leave the domain . It has always had a close and tight scrutiny on all the costs involved , whether it be the wages of its employees or deals with its suppliers . The flip side is the unrelenting pressure on its suppliers , low wages , and compromise on quality of products and off shoring of jobs . The moral questions raised are that does Wal-Mart actually brings jobs to the market it has entered or does it actually lead to loss of jobs due to the other retailers which shut down post the Wal-Mart effect in that region . Though Wal-Mart brings commercial prosperity and business in the region that it opens but inadvertently and unconsciously it also leads to shutdown of various businesses which are not able to survive in front of such a big player who...