Wal-Mart is a GREAT business for business and management students!
If we judge business success on long term survivability through profit generation, we could reasonably say that Wal-Mart is a hugely successful business – in fact, it is currently ranked as the worlds #1 largest corporation (measured by sales revenues).
Read this article on a deal that Wal-Mart made with Bruce Springsteen – world famous rock star with a huge ‘blue collar’ fan base, and then answer the following questions:
Level 1: Knowledge
1) Identify the key reason why Springsteen has “expressed regret" over his deal with Wal-Mart.
Level 2: Application
2a) Explain the benefits of this deal to Springsteen.
2b) Use the following sites to prepare a list of 5 factors FOR and against Wal-Mart's business behaviour.
Wal-Marts official website
Criticisms of Wal-Mart
Level 3
3) Using the information you have found in 2b, interpret Wal-Mart's alleged anti-union strategy.
Level 4: Analysis
4) To what extent can you justify Wal-Mart’s approach to Corporate Social Responsibility?
Click here for some ideas!
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