Scribd Logo
Upload

Welcome to Scribd!

  • Key & Misinterpreted Facts From: Charles Fishman's The Wal-Mart Effect', 2006

    Uploaded by

    Rahul Singh
    33 views18 pages
    This document discusses the global impact and business practices of Walmart. It notes that Walmart is the world's largest company by revenue, largest private employer, and largest retailer in many categories in the US. However, it has also received criticism over issues like foreign outsourcing, low rates of health insurance for employees, resisting unions, and allegations of sexism. The document also provides an example of one worker in Bangladesh who earns only $0.14 per hour sewing clothes for Walmart, working 12-14 hours daily under threat of physical punishment. It argues that consumers have significant power over Walmart through their shopping choices.

    Original Description:

    Original Title

    walmart

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PPT, PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document discusses the global impact and business practices of Walmart. It notes that Walmart is the world's largest company by revenue, largest private employer, and largest retailer in many categories in the US. However, it has also received criticism over issues like foreign outsourcing, low rates of health insurance for employees, resisting unions, and allegations of sexism. The document also provides an example of one worker in Bangladesh who earns only $0.14 per hour sewing clothes for Walmart, working 12-14 hours daily under threat of physical punishment. It argues that consumers have significant power over Walmart through their shopping choices.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    33 views18 pages

    Key & Misinterpreted Facts From: Charles Fishman's The Wal-Mart Effect', 2006

    Uploaded by

    Rahul Singh
    This document discusses the global impact and business practices of Walmart. It notes that Walmart is the world's largest company by revenue, largest private employer, and largest retailer in many categories in the US. However, it has also received criticism over issues like foreign outsourcing, low rates of health insurance for employees, resisting unions, and allegations of sexism. The document also provides an example of one worker in Bangladesh who earns only $0.14 per hour sewing clothes for Walmart, working 12-14 hours daily under threat of physical punishment. It argues that consumers have significant power over Walmart through their shopping choices.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 18

    THE

    EFFECT

    Key & misinterpreted facts from: Charles Fishman’s ‘The Wal-Mart Effect’, 2006
    MEET

    $ The world’s largest public corporation by revenue

    $ The largest private employer in the world

    $ The largest grocery retailer in the USA

    $ The largest toy seller in America

    $ Each year 93% of the American


    households do shopping in some
    Wal-Mart store at least once

    $ In 2006 around 7,2 billions of people


    will enter some of the Wal-Mart stores
    MEANWHILE
    Wal-Mart was criticized by:
    † Women’s rights groups

    † Grassroots organizations

    † Labor unions

    † Community groups…
    MEANWHILE
    Wal-Mart was criticized for:
    † Extensive foreign product sourcing

    † Low rates of employee health insurance enrollments

    † Resistance to union representation

    † Alleged sexism…
    GROW TH
     100 Wal-Mart stocks bought in 1970-1981 and kept for 15
    years have a value of 150 000 USD

     100 Wal-Mart stocks bought in 1970-1981 and kept for 20


    years have a value between 300 000 and 1 700 000 mln USD

     100 Wal-Mart stocks bought in 1981 and kept for 15 years


    have a value of 340 000 USD

    BUT…
     100 Wal-Mart stocks bought in 1990 and kept
    for 15 years have a value of 20 000 USD

    (because Wal-Mart have hired thousands of new employees)


    SO SIMPLE

    If you sell
    something at
    a really low
    price…
    SO SIMPLE

    Wal-Mart will sell it even cheaper…


    THIS IS ROBINA AKTHER

    She has worked at garment factory in


    Bangladesh
    THIS IS ROBINA AKTHER

    She has sewed clothing for Wal-Mart…

    …working 12-14 hours a day


    THIS IS ROBINA AKTHER

    Her wage was 14 cents / hour


    THIS IS ROBINA AKTHER

    If she doesn’t sew 120 pants in an hour, her


    supervisor will beat her with the textile
    THIS IS ROBINA AKTHER

    If she works like this for 50 years,


    she will earn a total of 16 200 USD.

    The Wal-Mart profit for 2005 is


    19 597 USD…
    THIS IS ROBINA AKTHER

    If she works like this for 50 years,


    she will earn a total of 16 200 USD

    The Wal-Mart profit for 2005 is


    19 597 USD…

    … in a minute.
    WHERE THIS POWER COMES FROM?
    The Wal-Mart effect begins and
    ends in the store, while we do
    shopping.
    This power comes from us.
    Think before you go shopping in
    Wal-Mart next time.
    Hristo Radichev

    Hristo.Radichev@mail.bg

    http://KonxOmpax.Wordpress.com

    You might also like