Wal-Mart Business Setting

Wal-Mart Business Setting

Introduction

The purpose of a business is to make profits for them and for their shareholders therefore it is concerned with the society and the environment in which they are working. It is the quality and brand name of the business that people come to shop without advertising. This relation between the business and the customer has developed in a period of time is resulted in terms of trust.

From the very first day, a business is established with a view to expand and promote its activities all around the country. Therefore, some businesses have positive impact on the society while others have some negative impact. For example: Wal-Mart. Most of the people are of the view that megastores like Wal-Mart are beneficial for the society. A customer can have the facility to buy the grocery of the whole house under one roof. It is because of the size and reputation of the store that a people love to shop. There are some people who are also of the opinion that the development and expansion of these mega-stores have eaten the share of small stores.

Economists and financial managers of Wall Street relate their expansion with effort and higher vision because, in business if you didn't grow even you have the opportunity to grow then the competitor will take that position and grow. Because there are no such rules of fate and flexibility in business, it is the business and the timings and decision making ability which is important.

Problem Statement

Wall Mart business is ethically right or it eliminates the business of small stores.

Discussion

Wal-Mart was established in 1962, and has turned into a giant in the retail industry due to its highly effective supply chain. This efficiency is due to the collaboration between the suppliers ...