Description
:Learning Outcomes 11.1
Upon completion of this week’s activities, you will
:be able to
Analyze a real-world management decision- •
making case
:Action Required .11.2
Read the following and answer the questions that
:follows
“. Walmart: “Save Money. Live Better
With annual revenues of almost half a trillion dollars (2017), 2.3 million employees, and nearly twelve thousand stores worldwide, Walmart is the largest private employer on the planet. In fact, it is bigger than many national economies, including some in the developed world. In 2007, it replaced its longstanding slogan, “Always Low Prices,” with “Save Money. Live Better.” Walmart attempts to demonstrate virtuousness by holding itself out as a responsible corporation, concerned especially for the lower-income families that make up the majority of its customers.
But the company has experienced problems over the years, including lawsuits over illegal firing of employees, withholding of overtime pay and benefits, violations of foreign workers’ rights, wage violations, violations of child labor laws, and failure to provide health coverage where and when applicable. Thousands of Walmart’s U.S. employees are also reported to be receiving public assistance to make ends meet.
Meanwhile, the Walton family, operators of the retailer that purports to help people “live better,” recently made $12.7 billion in a single day
:Test your Knowledge (Question) 11.3
As a company executive, would you try to increase +
? employee benefits? Why or why not
Instructions 11.4
With annual revenues of almost half a trillion dollars (2017), 2.3 million employees, and nearly twelve thousand stores worldwide, Walmart is the largest private employer on the planet. In fact, it is bigger than many national economies, including some in the developed world. In 2007, it replaced its longstanding slogan, “Always Low Prices.” with “Save Money. Live Better.” Walmart attempts to demonstrate virtuousness by holding itself out as a responsible corporation, concerned especially for the lower-income families that make up the majority of its customers.
But the company has experienced problems over the years, including lawsuits over illegal firing of employees, withholding of overtime pay and benefits, violations of foreign workers’ rights, wage violations, violations of child labor laws, and failure to provide health coverage where and when applicable. Thousands of Walmart’s U.S. employees are also reported to be receiving public assistance to make ends meet.
Meanwhile, the Walton family, operators of the retailer that purports to help people “live better,” recently made $12.7 billion in a single day
:Test your Knowledge (Question) 11.3
As a company executive, would you try to increase
? employee benefits? Why or why not
Instructions 11.4
Answer the question in test your knowledge section
Post your answer for the question in the discussion board using the discussion link below (Week 11:
Interactive learning Discussion)
