Monday, May 2, 2011

How does Wal-Mart's strategies reveal the dark side of capitalism?

1) Cutting/lowering Payroll is on the top three of priorities, 2) Forcing people to wait one year before qualifying for health and dental insurance, 3) Having to wait 7 years before becoming 100% vested otherswise they have to share profits, 4) Understaffing; undermployment such as part-time instead of full time and underpay, 5) Hiring Part-Timers instead of Full-Timers to maximize pay roll. 6) Buying cheap tools and software and enjoying easy tax write-offs, 7) The less people that retire the more money they keep 8) always legally reformulating accounting practices, 9) started a "club' within a "club." it means that every department has to pay rent and their tools. the managers do not pay for their office space and their supplies. 10) really stupid regulations such as the door greeter not allowed moving off a pad. to know more visit http://www.myspace.com/americaneedsdisse…
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I view Wal-Mart as one of the greatest anti-poverty programs ever created. It allows everyone, especially poor people to buy goods and food at incredibly low prices. Now I believe Wal-Mart has made an error in how it employs people. It is too employee unfriendly, and that is why they have such turnover. However the fact that people continue to work and apply for work there, must mean they are choosing something better than they otherwise had. Costco on the other hand, is another organization with incredibly low priced food, goods and services, but they are very employee friendly, paying much higher wages. Personally, I hate shopping at both. Wal-mart is always filthy, as in dirty floors and merchandise strewn about, and Costco is just too damn crowded. I'll pay a little more and go to Target for a much friendlier shopping experience.
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