Case Brief summary -China, India, and Wal-Mart: Issues of Price, Quality, and Sourcing::
1 . What are the ethical concerns associated with Wal-Mart's extensive sourcing of cheap products supply by china manufacturer? Wal-Mart costs is too low. As the world's most significant retailer, Wal-Mart leverages its huge requests to encourage factories to offer goods in low prices which are not sustainable. This puts pressure on other brands to spend less, therefore setting a dangerous industry preceding. According to Correspondent Hedrick Smith: " We noticed that history again and again by American manufacturers in groups as diverse as gadgets, apparel, bikes, furniture, and textiles. That they expressed private dismay on the relentless pressure from the enjoys of Wal-Mart and Target to cut costs to the bone tissue in America and then, when that did not satisfy the mass merchants, more pressure to move creation to China or elsewhere offshore. Yet most did not dare to take camera and tell their particular story publicly for fear of jeopardizing all their remaining sales to Wal-Mart. вЂќ (Smith) Another honest issue is definitely safety from the products all of us receive and the working circumstances of the outsourced employees. Through the Wal-Mart consistently turns a blind attention to poor conditions in supplier factories unless inspections are made public. " Store admits flames safety factors are not adequately covered in ethical finding auditsвЂќ. (Yardley) Wal-Mart requires more translucent ethical sourcing efforts. " Wal-Mart acquires more than $1 billion in apparel from Bangladesh each year, attracted by the country's $37-a-month minimal wage, the lowest in the world. вЂќ(Yardley)
2 . Depending on your knowledge, does Wal-Mart sacrifice item quality to be able to offer customers low prices Вѕ always?
Yes. I don't genuinely shop for Wal-Mart anymore. I no longer believe the cost is for a top quality product. I might rather save up my funds and buy it from one more retailer with a...
Cited: Marshall, J. (n. d. ). The High Price of Inexpensive. Retrieved from The High Price of Low Cost: http://makingchangeatwalmart.org/files/2011/10/The-High-Price-of-Low-Cost.pdf
Smith, L. (n. d. ). Can be Wal-Mart Best for America? Retrieved from PBS: http://www.pbs.org/wgbh/pages/frontline/shows/walmart/secrets/shots.html
Yardley, S. G. (n. deb. ). Times of India Magazines. Retrieved via Times of India Pubilications: http://mobilepaper.timesofindia.com/mobile.aspx?article=yes&pageid=16§id=edid=&edlabel=ETD&mydateHid=31-12-2012&pubname=Economic+Times+-+Delhi&edname=&articleid=Ar01600&publabel=ET