Walmart Flashcards
What year was Walmart founded? (Walmart globalisation)
1962
Who founded Walmart? (Walmart globalisation)
Sam Walton
By 2009 how many stores, across how many different countries were there? (Walmart globalisation)
8,500 stores
13 countries
What process does Walmart show, that divides the sectors into different areas of the world? (Walmart globalisation)
International division of labour
How has gender discrimination arisen in Walmart stores? (Walmart globalisation)
Women = 65% hourly paid employment Women = 33% managerial roles
What is an economic positive of Walmart on the country of origin? (Walmart globalisation)
Vineland store opened and provided 700 jobs
What is an economic negative of Walmart on the country of origin? (Walmart globalisation)
Cali opened in 2004 and allowed many to come off benefits
What is an social positive of Walmart on the country of origin? (Walmart globalisation)
Customers have a huge range of options
What is an social negative of Walmart on the country of origin? (Walmart globalisation)
For ever 100 walmart jobs, 50 jobs are lost locally
What is an environmental negative of Walmart on the country of origin? (Walmart globalisation)
Open 24 hours per day
What is an economic positive of Walmart on the host country? (Walmart globalisation)
209,000 jobs created in Mexico
What is an economic negative of Walmart on the host country? (Walmart globalisation)
Profits mostly go back into the USA
What is an social positive of Walmart on the host country? (Walmart globalisation)
Management jobs often go to locals and not migrants
What is an social negative of Walmart on the host country? (Walmart globalisation)
India is struggling with walmart as it is too much competition for their local businesses to thrive
What is an environmental positive of Walmart on the host country? (Walmart globalisation)
23 stores in Puerto Rico were fitted with solar panels
