IndexIntroductionOverview of Wal-MartBusiness Strategy of Wal-MartCorporate Social Responsibility of Wal-MartEconomic and Social Impact of Wal-MartAnticompetitive and Critical Practices of Wal-Mart -MartWal-Mart and SocietyConclusionReferencesIntroductionWal-Mart, the world's largest retailer, has been a controversial player in the retail industry. While it has been praised for its low prices and operational efficiency, it has also faced criticism for its labor practices, business tactics and impact on small businesses and local communities. In this essay we will examine key aspects of Wal-Mart's business strategy, corporate social responsibility, economic and social impact, anti-competitive practices, and influence on society. Through a critical examination of these areas, we will evaluate the overall effectiveness and impact of Wal-Mart as a company. Say no to plagiarism. Get a tailor-made essay on "Why Violent Video Games Shouldn't Be Banned"? Get an Original Essay Overview of Wal-Mart Wal-Mart was founded in 1962 in Rogers, Arkansas, by Sam Walton. Since then, it has grown into a retail giant with more than 11,000 stores worldwide and employing 2.2 million people. Wal-Mart's operations include retail stores, e-commerce, grocery stores and membership clubs. The company is known for its everyday low prices and high operational efficiency, which have contributed to its success in the retail industry. Wal-Mart's Business StrategyWal-Mart's business strategy focuses on a low-cost leadership approach. This strategy involves offering customers the lowest possible prices through cost-cutting measures such as efficient supply chain management, inventory control and labor efficiency. Wal-Mart also focuses on its operational efficiency by using advanced technologies and data analytics to improve its processes. This helps the company improve supply chain operations, reduce waste and increase profitability. Wal-Mart Corporate Social Responsibility Corporate social responsibility (CSR) is an integral part of Wal-Mart's corporate strategy. The company has various initiatives and programs in place to improve its social and environmental impact. For example, it has committed to sourcing 100% of its energy from renewable sources, reducing greenhouse gas emissions and increasing employee benefits and development opportunities. Economic and Social Impact of Wal-Mart Wal-Mart has been praised and criticized for its economic benefits and social impact. On the bright side, it has been credited with creating jobs, lowering prices and spurring economic growth. On the downside, it has been criticized for forcing small businesses to fail, for contributing to income inequality, and for underpaying and mistreating its employees. Anticompetitive Practices and Criticism of Wal-MartWal-Mart has faced allegations of anticompetitive practices, particularly in the supply chain and manufacturing sectors. The company has been accused of using its size and market power to pressure suppliers to lower prices and reduce labor and environmental standards. Additionally, Wal-Mart has faced criticism for its labor practices, including low wages, limited benefits and union-busting policies. Wal-Mart and Society Wal-Mart plays a significant role in society, not only as a retailer but also as an influencer. consumer behavior and retail trends. The low price model.-01-2019-0001