Question
With annual revenues in the trillions of dollars, Walmart, the largest private employer, has replaced it's longstanding slogan of Always Low Prices with Save Money.
With annual revenues in the trillions of dollars, Walmart, the largest private employer, has replaced it's longstanding slogan of "Always Low Prices" with "Save Money. Live Better." Walmart prides itself with being a responsible corporation who is especially concerned about their customers who are mostly lower-income families. However, Walmart has experienced problems over the years with how their employees are treated. Like many of their customers, thousands of Walmart employees are reported to be receiving public assistance in order to make ends meet. Meanwhile, the Walton family, who recently made $12.7 billion in a single day, "live better".
- What's your view of the company's relationships with it's stakeholders, including employees?
- As a company executive, would you try to increase employee wages and benefits? Why or why not?
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