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Sam Walton

Being a business major, in many of my classes we have talked about Wal-Mart’s affects on the economy and the business world in general. It has always been interesting to hear each professor’s viewpoint on how they feel about Wal-Mart. Whether or not you are for or against Wal-Mart, many have strong opinions and can debate their side until they are blue in the face. We all know my opinion on Wal-Mart!
I’ve always been interested to know what Sam Walton (the founder) of Wal-Mart would have to say about his business today. Would he be proud that his company underpays their employees? Would he be impressed that the small business he started is now the largest retail store in America? What Sam Walton achieved is any entrepreneurs dream, but is that dream also to become a monopoly?
The ethics and business practices of a corporation show how that company acts on their part of social responsibility. A company as large as Wal-Mart has a huge social responsibility not only to the community but more importantly to their own. The employees of a company are the back bone of that corporation.
Just looking on the internet about Sam Walton an Article by Amanda Galiano (About.com) she says that in his biography Made in America; My Story, he gives his “ten commandments of business”.
1.Commit to your goals
2.Share your rewards
3.Energize your colleagues
4.Communicate all you know
5.Value your associates
6.Celebrate your success
7.Listen to everyone
8.Deliver more than you promise
9.Work smarter than others
10.Blaze your own path
Number 5 says to value your associates, so in my opinion I believe that Sam Walton’s goal wasn’t to underpay his employees but along the way to financial success, many of the important keys to the “ten commandments of business” got lost.
When it comes to what we all consider very important to us, we should stay true to our beliefs. Whatever it is, Wal-Mart, global warming, the war, abortion, animal rights etc. we all have a voice and should us it.

Jaime Zundel

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