Wall Mart - Community Essay Example | Topics and Well Written Essays - 750 words

Wall Mart - Community - Essay Example Wal-Mart is American Public Corporation that came into existence in 1962. Although it began as a grocery retailer, in now operates as a major chain of large discount stores and warehouses. Its various stores offer a wide variety of products, all of which are priced lower than its competitors. Although price is a major criterion, upon which many customers make buying decisions. Offering the lowest price and remaining profitable has many challenges. Wall Mart has over the years remained one of the largest retailers, and therefore becoming one of the leading private employers. There is a need therefore to investigate the claims made by the community so that the actual influence of Wall Mart on the community (Hicks, pg 2). The history of the problem can be traced from the concerns that most corporations have focuses on profit maximization at the expense of the interests of the community and employees who gives the economic power to such companies. The primary data I used to get a good understanding of how Wall Mart operates and the nature of issues facing included visiting a number of branches to observe the shoppers, employees and to interview employees and customers. I also observed the type of customers by age and interviewed about their perception of the impact made by Wall Mart to the local community. The secondary data I used included scrutinizing the annual consumerism report that compiled by organizations that represent employees and consumers. Majority of the people we interviewed were of the opinion that Wall Mart has over the years made a significant contribution to the local communities and the American economy in general. Many believed that since Wall Mart was founded based on offering the lowest price for all social groups; it has made important contributions to their lives, which can be categorized as follows. Wall Mart entered the market to offer