Practice Final Exam Wal-Mart

When I went to Wal-Mart at my first time, I was surprised about its huge size. Also, there are many people that buy many items. I think that Wal-Mart makes a lot of money because there are so many goods, so many people don’t need to find other markets. According to E. Locke (2004, par. 4), “Wal-Mart is one of the most impressive success stories in the history of business”. It shows that Wal-Mart is a great company. However, on the other side, there are also many serious problems. Actually, Wal-Mart is promoting to build a new market in the Carbondale-Murphysboro area. I think that promotion has to be stopped because it will bring many problems, so the government has to regulate this promotion. Also, the government should recognize Wal-Mart’s business way and control the market to allow flexibility. Finally, the government has to make solutions about Wal-Mart’s monopoly, abusing land and money, and hiring problems when Wal-Mart builds a market in the Carbondale-Murphysboro area.

First of all, we should regulate Wal-Mart’s plan, because it will bring a monopoly. If Wal-Mart builds a store in Carbondale-Murphysboro, many small stores must be closed, because those towns are too small and their population is also small. Usually, a store needs a flow of population for their business to succeed, so they can’t maintain their store because of Wal-Mart. Wal-Mart is too selfish in the market. Actually, Wal-Mart’s fast increment of their market has made hundreds of closed stores in the U.S. (Wal Mart site, 2002). Thus, the government should stop their monopoly if we want to develop our economy.

Second, the government has to stop the new store because they can abuse land. Actually, they need big land and much money to make their store, but the Carbondale-Murphysboro area has only grassland and forest. Thus, if they make a store, they should destroy the environment; also, it’s too expensive to build a store, especially since they already have a market in each town. It’s too selfish and wasteful, so the government has to prohibit their thoughtless business.

Third, there are employment problems, so we have to make them change their hiring way. First, there is sexual discrimination. According to R. Drogin (2003, p. 10), “Women comprise 92% of Wal-Mart’s cashiers, but only 33% of its managers”. I think if Wal-Mart succeeds in making one more store, there will be many protests about their sexism. Another problem is that Wal-Mart doesn’t guarantee their employee’s living, although they have 1.3 million US employees (UFCWIU, 2005). I think that Wal-Mart is too immoral, so the government must change and control their hiring way.

My opponents say that Wal-Mart brings development of Carbondale-Murphysboro’s economy, but it is for a short time. Too many Wal-Marts must be a serious problem later, because the amount of trade will be decreased, so Wal-Mart monopolizes a market, and there is no diversity of products. For example, in Carbondale, all my friends must use the same light in their house. Because of those reasons, the government should restrict Wal-Mart’s business.

In conclusion, the government should try to prohibit Wal-Mart’s imprudent policy, because Wal-Mart can be a monopoly, waste resources, and use wrong hiring ways. We can be consumers of Wal-Mart, so we try to use many kinds of store to improve our economy. Also, Carbondale and Murphysboro are little towns, so they can be wounded easily. As a result, the government has to help the local economy by protecting it from Wal-Mart’s rash business policy.

Reference

Drogin, R. (2003). Statistical Analysis of Gender Patterns in Wal-Mart Workforce. N.Y. Times. Retrieved November 27, 2007, from http://www.walmartclass.com/staticdata/reports/r2.pdf

Locke, E. (2004, February). Three Cheers for Wal-Mart. Capitalism Magazine. Retrieved November 27, 2007, from http://www.capmag.com/article.asp?ID=3534

Wal-Mart Wages and Worker Rights (2005) United Food and Commercial Workers International Union. Retrieved November 27, 2007, from http://www.wakeupwalmart.com/facts/

“Wal Mart site: Use as is or rebuild?” (2002, February 02). Dallas Morning News. Retrieved November 27, 2007, from http://www.wakeupwalmart.com/facts/