Child Labor In India Essay

1981 words - 8 pages

Economics on WalmartEconomics basically is the study of allocation of scarce resources among many competing users. The word scarcity is the main problem in economics, this means that the supply in a given country is not enough to feed their demand (Wessels, 2006) Economics helps us understand how different countries and regions function. In this essay I will explore two articles namely "Empty shelves plague Wal-mart stores in U.S as employees disappear" by Renee Dudley and "Wal-mart, despite profit gain, says rise in payroll tax hindered shoppers" by Stephanie Clifford.Article (1) financial post: Empty shelves plague Wal-mart stores in U.S as employees, customers disappear.The author interviewed various people affected by Wal-mart issues either directly or indirectly. This people include customers, employees and company management. According to Hancock one of the faithful customers she had to quit shopping from Wal-mart stores because she continuously lacked basic items she wanted to buy. She says that during her previous visit to the stores she could not find more than a dozen of her basic items. She stated that products are pilled in the stores but the workforce to arrange them in the shelves is not enough. According to the customers, the company was self inflicting themselves because there are several places they can assess the same goods.Renee talked to one of the store operator in Wal-mart, according to him; the company has added 455 stores in the last few years but the workforce dropped by 1.4% (Dudley, 2012). The supply of the workforce in Wal-mart was not able to feed the demand. This is unfair to workers who are overworked and unfortunately underpaid. Company's employees complain of firing and non replacement of workers this leaves some departments unattended to. The author also claims that the company insisted that the cost to hire more workers is too much and they prefer to concentrate in profit maximization. This is working for their disadvantage where some customers come to the stores and leave when they don't get assistance.Disorganized store is another issue facing Wal-mart Company. The queue to the cashier is ever long and there aren't enough electronics for easing the work. Renee claims that American customer satisfaction index ranked Wal-mart last among customer's service and discounts stores. In the last six years the company has always been rated last or second last because of their poor customer services, this according to him has lured the customers to seek other better places to do their shopping.The Author claims that on 11th march 2012, Wal-mart shelves were almost empty and the left space could fit a grown up man comfortably (Dudley, 2012). Shoppers are also mad about the hours they spend on the queues waiting to be attended to and also rude treatment they receive from overworked Wal-mart employees'.The author talked to one employee Jackson who has worked for...

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