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Business, society, and the "wal-mart effect"

Ghemawat, Pankaj - ;

Critiques Charles Fishman’s The Wal-Mart Effect, arguing that Wal-Mart’s societal benefits—such as significant consumer savings ($30–$150 billion annually)—far outweigh its costs (e.g., job displacement, low wages). While acknowledging distributional concerns (e.g., poverty-level wages), the author emphasizes Wal-Mart’s efficiency gains and its disproportionate benefits for low-income consumers. The article also dismisses fears of Wal-Mart’s monopolistic power, citing historical parallels (e.g., anti-chain-store backlash in the 1920s) and current market constraints (e.g., declining growth rates). Ultimately, it calls for Wal-Mart to balance its low-price mission with greater transparency and social responsibility to mitigate criticism and align with societal expectations.


Ketersediaan

Call NumberLocationAvailable
AMP2003PSB lt.dasar - Pascasarjana1
PenerbitBriarcliff Manor, NY: Academy of Management 2006
EdisiVol. 20, No. 3, Aug., 2006
SubjekCorporate social responsibility (CSR)
Distributional Impact
wal-mart effect
consumer savings
poverty wages
historical parallels
ISBN/ISSN15589080
KlasifikasiNONE
Deskripsi Fisik3 p.
Info Detail SpesifikAcademy of Management Perspectives
Other Version/RelatedTidak tersedia versi lain
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