Monday, March 25, 2019
Wal-Marts Positive Influence on American Businesses Essay -- Business
Wal-Marts Positive Influence on American BusinessesConsumption is the sole end and purpose of either production and the sake of the producer ought to be attended to hardly so far as it may be necessary for promoting that of the consumer... Adam Smith. Wal-Mart is a producer who has the sole purpose of promoting consumption of the consumer. Wal-Mart and its quest for capital improvement are compete a major and vital role in the evolution of economic life. Wal-Mart brings imperative change to towns in the U.S. They increase competition between retailers, bear on the economy, and they also bring more capital and tax revenue to at town, some of which desperately need a positive change. I think its plainly the natural evolution of growth, says Cynthia Lin, a spokeswoman for Wal-Mat in California. Wal-Marts expansion and growth, like that of more other large retailers such as K-Mart, Buy Mart and Fred Meyer, is break in of a life-sizeger picture involving the evolution of the e conomy and the appearance businesses maneuver themselves. Evolution, defined as the gradual process in which something changes into a antithetic and unusually more complex or better form, is thoroughly distributed in all aspects of life. From biological, social, cultural, to economic, it can?t be denied that there are evolutionary processes taking distance constantly. But it would be impossible to take a small piece of time out of our history, study it, and then close what is exactly evolving. The evolution processes take place simultaneously and can only be seen from the larger picture. That is why it is necessary to take a collective look at our history, from one point in time until another, to efficaciously see the process of evolution work. The industrial revolution began with one or two ideas for a better means of mass-production, and it became the driving force that cancelled the manufacturing world into what it is today. It was just 1 turning point of the evolution th at took place in the 20th century (still affecting and changing lives today). Cars, houses, appliances and life?s everyday activities became more affordable and convenient for the average person. If you look at the pattern of the human race for as far back as possible, the general goal has been to increase the quality of life. Whatever it might be health and medicine, living conditions, or food, people have... ...?t find what they necessary there, so they came downtown to shop,? Jubitz said. ? I don?t think we?ve at sea any businesses except for a small drugstore that was on its way out anyway because a Payless moved in at the resembling time as Wal-Mart.? The city of Grants Pass, Oregon had a similar military position with an arrival of a Wal-Mart in 1992. ?Today the downtown corridor consists of specialty and antiquate shops,? says Barton Brierley, and associate planner for Grants Pass. ?Wal-Mart helped ensure a change in the lawsuit of downtown,? he said. Laura Richardson who is a retail analyst with Pacific Crest Securities is all for a competitive change involving smaller retailers. ?It?s a big store. It carries a broad selection. There?s no depth,? Richardson said. ?That?s where the local shops can compete. They need to figure out what Wal-Mart doesn?t do, be tractile and do it.? The expansion of Wal-Mart throughout the U.S. is a positive change for towns, cities and the economy. It brings prosperity, hefty competition and it is part of the inevitable evolution that sweeps through the country on a daily basis. Wal-Mart should be greeted with open arms and with a positive outlook for the future.
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