"Paying your employees well is not only the right thing to do but it makes for good business."
-- Jim Sinegal, CEO, Costco
Throughout the history of America, there have been many businesses that come and go. Success is not guaranteed to everyone. But in the case of Sam Walton, it was different. Sam Walton was the founder the most controversial supermarket chain in existence: Wal-Mart. From the buyer's perspective, Wal-Mart is just a generous business chain which has extremely low prices. But upon closer inspection, the wickedness of Wal-Mart and the company practices become apparent. I think Wal-Mart has a negative impact on society. Wal-Mart mistreats employees, follows unfair business practices, and hurts small businesses.
First, Wal-Mart mistreats their employees. Wal-Mart is known to have the lowest prices out of any other store. A consumer never realizes how Wal-Mart manages to have such low prices. One may think that Wal-Mart goes into a loss for the sake of their customers, but I beg to differ. Wal-Mart buys all of their products from other countries. They have warehouses and production plants in other poor countries such as China. These warehouses are often referred to as "sweatshops", often due to the terrible conditions that the workers have to bare. This saves a lot of money when it comes to wages, since countries like China have no minimum wage laws. The workers range from every age possible. It would be hard making a living when a person only gets paid a dime a day. Also, Wal-Mart does not have to provide benefits or insurance to any of these out-of-country workers. If Wal-Mart was such a great company as people think it was, they should instead make production plants over in the United States. Having production plants in the United States would give many Americans jobs in such a harsh economy. But again, if Wal-Mart did that, they could not maintain their prices. Mistreating employees benefits Wal-Mart with positives such as saving on labor costs and employee benefits; however, the true cost is paid by the American people.
����������� Secondly, Wal-Mart has unfair business practices. Like I discussed above, Wal-Mart has a lot of the labor force in other countries. But what about all of the stores over here in the United States? All of these stores need workers as well. Wal-Mart still has to save money, since the whole point of a business is efficiencyand money management. There are right ways to maintain efficiency and abide by the law. However, Wal-Marttries to bend the law as much as possible. I can recall many times while watching the news that Wal-Mart is in trouble again for employing illegal immigrants. Illegal immigrants are not permitted to work in the United States; however, Wal-Mart employs them. Why are they so nice? For starters, hiring illegal immigrants is just like having workers in other countries. Minimum wage does not apply to illegal immigrants and neither do they get benefits such as...