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Is Walmart Good for America

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Is Wal-Mart good for America? Wal-Mart is one of the most powerful and broadest companies in America. There are more than 5,000 stores worldwide, 100 million shoppers per week and they had $256 billion sales in 2003.Everything is very inexpensive there and they always have the lowest prices. Although that is a good thing, it is bad because it keeps people out of work and the workers get low wages. Global retailers are the most powerful companies in America now. Sam Walton, the creator of Wal-Mart said his formula was, “Buy cheap, sell for less than the other guy and make your profit on high volume and fast turnover.” Wal-Mart can be examined using both structural functional and social conflict theory. Structural functional theory is when society is a complex system of interconnected and interrelated social structures each having a function and working together to promote social stability. One hundred million people shop at Wal-Mart every week. Wal-Mart is very convenient for people to shop at. Most people do not even have to shop at other stores because Wal-Mart has everything. It’s also convenient because it is right around the corner from a lot of customers houses; they don’t have to travel far to find a Wal-Mart store so they save gas. People already know that Wal-Mart has the lowest prices so they don’t have to search for stores with low prices. The items sold are good quality as well as cheap. What more could someone ask for. Wal-Mart is a world leader in logistics and promotes greater efficiency between its suppliers. Bob McAdam who is the Wal-Mart vice president states in the video, “We are raising the standard of living through lowering the cost of goods for people.” He is saying that Wal-Mart is good for America. Social Conflict theory is when society is not integrated but actually full of unequal divisions. People are in constant competition over…...

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