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Monday, December 3, 2007

Wal-Mart

According to a recent statistic, Wal-Mart is the most successful business in the world. “Wal-Mart is one of the most impressive success stories in the history of business” (Locke, 2004, para.4). Recently, Wal-Mart proclaimed a plan to build a new supercenter in the Carbondale-Murphysboro area. This Wal-Mart’s action seemed to
cause some harmful effects on the local business and world economy. However, this project has more benefits to the societies and the economic system in the world. First of all, this project creates a number of employments for citizens living in the region. Second, Wal-Mart provides high quality goods to customers with a low price. Third, customers can reach Wal-Mart for their needs and wants anytime they want.

First, this project creates a lot of jobs. This is the solution for the high rate of unemployment in the society. By building a new Wal-Mart, many jobs will be generated that we cannot expect. Hoenig (2004) explains that Wal-Mart generated 125,000 jobs in the U.S. and has added thousands of new jobs each month continually. This can give a decided solution for citizens who are concerned about the destruction of the local business and the quality of life for them.

Second, Wal-Mart provides customers a high quality of goods to with a low price. Locke (2004) insists, “We should thank this great company for being so good at giving customers what they want that they make huge profits…” (para.7). The price is cheaper than other companies, and the quality is the than others. We do not find any shortcomings from allowing the business to build a new supercenter in the Carbondale-Murphysboro area.

Third, Wal-Mart provides the convenience of the life for customers’ needs and wants. The special advantages that are different from other companies are that customers can go there anytime they want and can get whatever they want. Customers can save their time and gas to reach a great store easily. One store has everything that customers want and need.

Some people claim that Wal-Mart contributes to the economic system in the world directly as well as the local one. However, this is not true. We can find a decided example in Korea. A few years ago, Wal-Mart landed in Korea with the purpose of dominating the economic system. They tried to make Korean customers’ interest be concentrated on Wal-Mart. Unfortunately, the business totally failed, because of the different culture problem. So the claim that Wal-Mart causes the destruction of the economic system in the world is wrong.

It is very apparent that the business of building a new supercenter in the Carbondale-Murphysboro area provides several benefits for the society. This project creates a number of employments for citizens living in the region. In addition, Wal-Mart provides high quality goods to customers with a low price. Customers can reach Wal-Mart for their needs and wants anytime they want. We should encourage and support this plan positively.

Reference

Hoeing, J. (2006, Feb 10). Welcome Wal-Mart. Capmag.com. Retrieved November 29, 2007, from: http://www.capmag.com/aricle.asp?ID=4561

Locke, E. (2004, Feb 22). Three Cheers for Wal-Mart. Capmag.com. Retrieved November 29, 2007, from: http://www.capmag.com/article.asp?ID=3534

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