Globalization and the Wal-Mart Effect

As globalization continues to increase, the fortunes and misfortunes of some businesses continue as well. Wal-Mart is a prime instance of globalization, and of a partnership that is thriving because of it. Wal-Mart makes it goods and serve available all around the world, covering twenty-eight different countries and employing over two million people, a prime example of cultural integration (walmart.com). It doesnt matter where you go or what you do, you always see a Wal-Mart. That is what is called the Wal-Mart effect; they cede do themselves available to everyone everywhere.
Charles Fishman stated in his book The Wal-Mart Effect that more(prenominal) than half of all Americans live within five miles of a Wal-Mart store. For most people, thats ab bug out a ten-to-fifteen-minute wad. Ninety per centum of Americans live within fifteen miles of a Wal-Mart. In fact, when you drive down the interstate, its r be for you to go more than a few minutes without seeing a Wal-Mart truck (Fishman C. 2006). If it wasnt for globalization and cultural integration the goods and services Wal-Mart provides wouldnt be so available to so many people throughout the world.
On June 20th 2011 the keep company announced its completed investiture of fifty-one percent in a South-African based company named Massmart.



The entry into the African continent gives the organization a beat about to serve the underserved (Wal-Mart.com). Wal-Marts growth in the United States and in many other countries around the world has not come without a price. Yes, they offer unbeatable prices and may have whatsoever you need, but the smaller mom & pop stores are the ones that are suffering. They cant compete with a freak retail store, and are forced in to going out of business or filing bankruptcy. This is unfortunate, but many would have to agree, its not the fault of a giant company like Wal-Mart, its the fault of the consumers, who want to pay slight for more.
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