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Workers Compensation Case Study

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laws and amend and eliminate practices related to the Workers Compensation System, although there were some monetary exchanges to lessen the blow to Walmart, the idea of states holding them accountable is encouraging. (Lichtenstein 299-301).
Chapter 8 opens with the question “Is Walmart a good or bad thing for America,” as the author sums up the influence that the corporation has injected and shaped the modern economic structure with worker, consumer, government and competitors. (Lichtenstein 302-03). The United Food and Commercial Workers Union lost critical battles as supermarkets like Kroger, Safeway and local California markets Vons and Ralph locked out employees and forced them to except reductions in wages, health care and pension benefits. (Lichtenstein …show more content…

(Lichtenstein 331-38).. The actual profit margin for major corporation like Walmart wouldn’t be affected to a major concern, but it is more about control of the workers, as better pay and benefits led to more full time workers, an attitude changes of long term goals, retirement, pensions, advancement etc. (Lichtenstein 331-38). Competition from companies like Target, Costco’s, Best Buy, Walgreens, who have adopted many of the business templates has cut into Walmart’s market share, with Costco being the “anti-Walmart,” with its higher wages and benefits, lower turnover, and a better employee satisfaction level. (Lichtenstein 331-38). The future of Walmart’s long-term prognosis is uncertain, factors include, but not limited to economic uncertainty of its major supplier China, price increases due to rising wages overseas, the reevaluation of the Chinese monetary system, the retail market saturation in America, and a resurgence of labor and progressive initiatives. (Lichtenstein

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