Well they can agree to independent inspections of its suppliers factories to

Well they can agree to independent inspections of its

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prices and very close to the customer’s doors. Well, they can agree to independent inspections of its suppliers’ factories to ensure everybody that they are not doing anything wrong and they can build trust in the customer’s mind which will eventually benefit their business in the long run. Nevertheless, unions managed to pass a law that any company who has more than 10000 employees in the single city, have to provide some special benefits to their employees and it was Walmart only which comes under this category and Walmart was planning to open more stores in the Maryland and then state government restricts this bill to pass, thinking that Walmart may shift its location to somewhere else and this will decrease the opportunity of producing more jobs in the city (Fichter, A.J. 2008). However, if
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4 WALMART – LARGEST RETAILER GROCERY STORE this bill didn’t get along well with the Walmart they should have shifted this store to some other location where this would not be implemented to save huge amount of money as making more profits should be the priority for any business. Moreover, it is not only selling groceries in its stores, but also providing pharmacy facilities, furniture under one roof. Now, Walmart was deciding to try its luck in the banking-sector and they asked for the permissions from the federal government that if they can start providing credit and debit cards to the people. At first government rejected the proposal thinking that a grocery retailer would not be able to handle work of finance and accounts. But the type of bank they were trying to open was not under the government, so they started providing credit and debit cards in their stores to make the transactions more easyfor them and the customers (Biggs, R. L., Gordon, I. J., Kozloff, E. P., & Mason, H. K. 2002). They also started providing loans to their customers through credit cards and it helped their employees and customers to improve their financial status.Being a largest private-sector employer in the U.S.A, Walmart has the chance to set an example in the market by providing good facilities to their employees in the form of better health benefits, high wages and continue to contribute more towards the society. However, primary preference for any business is making more and more profits for their company byexpanding their business globally. Nevertheless, by providing good facilities to the customers and employees, it can attract more people towards their business which will automatically increase their sales. If they continue to concentrate on just associates and customers, they would face a criticism in large numbers and they may see decline in their sales which will eventually drop the profits and it may lose its position of largest private sector employer as employees can leave the job if they find something better where they can get good health
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  • Summer '17
  • Prof Farshad Salman
  • Business Ethics, Supermarket, Grocery store

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