Walmart Is Good for America
Wal-Mart Is Good For America. Immediately after watching the Frontline piece, “Is Wal-Mart good for America?” I felt that Wal-Mart was wrong for some of the things they are doing. The movie focused on how Wal-Mart was hurting American businesses, leaving many people without jobs. They do this by forcing their suppliers into meeting their price demands, which in turn leaves the supplying company’s managers with no choice other than to cut prices at all cost. Cutting the cost of raw materials can only account for part of the manager’s solution, next is employee wages and benefits and eventually out-sourcing the labor all together. However, after analyzing the situation further and doing more research I feel that Wal-Mart is doing more good than harm. I feel this way because overall the number of people benefiting from Wal-Mart is greater than the number of people who are negatively affected. If you were to take the broadest view and step back and look at Earth from outer space Wal-Mart’s benefits far out way its harm. Wal-Mart is the best at what they do…retail. Wal-Mart did this by mastering the point-of-sale technology which has aloud its managers to gather information about consumer buying habits and use just-in-time inventory system to keep their cost low, margins moderate and volume extremely high. Low inventory cost combined with the uses of its buying power has made Wal-Mart arguably the best retailer in the world. This does not make Wal-Mart bad. Today the New England Patriots are the most efficient and effective NFL football team. Every week they are beating their competition with ease. Like Wal-Mart, the Patriot’s owner and coach have made many wise, and sometimes hard, business moves over the years, positioning the team to be number one. The national media is complaining about how dominant they are, saying that they are running up the score on teams unnecessarily. Unless you are a New England fan, you might also think this in unfair.