Walmart’s Impact: Corporate Citizenship in Economic and Social Spheres

Modern age can be characterized by a great number of different complicated issues which make the life of common people much more difficult. The worlds financial crisis, unemployment, and high level of poverty lead to an increase in the level of stress, which, in turn, leads to the worsening of the quality of the life of people. Under these conditions, it is absolutely vital for people to feel support from the government or some other organizations. That is why companies that demonstrate corporate citizenship in different spheres of social life are much appreciated in our time. Walmart company is the organization of this kind. The main aspects of its functioning should be analyzed for a better understanding of the ways in which corporate citizenship is demonstrated.

First of all, the economic aspect of the functioning of this company should be touched. The high popularity of this organization is obviously connected with its low prices. It should be said that the companys financial policy is one of the main factors which influence the increase in the level of satisfaction with the work of this company among common people. Walmart company was called one of the most socially responsible companies in the USA (Woolsey, M.2006), which means that people trust it and notice its social activity.

The availability of goods, which this company sells, promotes the increase in the living standards of common people. Representatives of different layers of society can afford them, and that is why it is possible to admit the companys great contribution to the social and economic sphere. Moreover, a great number of working places are created by this company, which is why a great number of people obtain the possibility to work and earn money (Walmart, 2015).

It is possible to say that this activity can also be related to the sphere of policy. The thing is that the government of any country always collaborates with great companies and organizations as they very often help to achieve some purposes or fulfill some needs. That is why Walmart company could be described as the organization which is rather politically active and helps the government to accomplish some tasks. Its political activity is connected with the social sphere as the work of the company is oriented on people and their needs. The thing is that a great number of working places are created not only in the USA. However, there is also a great number of other countries where its departments are situated, and possibilities for people to work are created (Babbitt, 2015).

Resting on these facts, it is possible to say that Walmart Company contributes a lot to the development of different spheres of society, and the civil sphere is not an exception. A great number of people in the USA consider this organization to be an integral part of their life and appreciate its role in the functioning of society. Due to its efforts, people are able to get comparatively cheap and high-quality goods.

In conclusion, it should be said that nowadays, Walmart company is an integral part of the life of people in the USA. Being a rather popular and beneficial company, it also devotes much attention to the issue of corporate citizenship. The financial policy of the company helps people to survive and obtain good products, while new departments, which are opened in different regions, create new working places for people. With this in mind, it is possible to say that Walmart organization demonstrates corporate citizenship in the economic, political, and civil spheres.

References

Babbitt, R. (2015). How Walmart is Working for the Greater Good – Globally. Walmart. Web.

Walmart. (2015). Global Responsibility Report. Web.

Woolsey, M. (2006). The best corporate citizens. Forbes. Web.

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StudyCorgi. "Walmart’s Impact: Corporate Citizenship in Economic and Social Spheres." October 1, 2020. https://studycorgi.com/walmarts-corporate-citizenship/.

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StudyCorgi. 2020. "Walmart’s Impact: Corporate Citizenship in Economic and Social Spheres." October 1, 2020. https://studycorgi.com/walmarts-corporate-citizenship/.

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