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Essay / 'Big Box Companies - 1000
Where do companies get the name “big box”? Businesses earned this title because of their physical characteristics; these are their expansive images, wide range of items available for sale, windowless and square displays, and location in residential areas. They are usually referred to huge and destructive stores such as Wal-Mart, Best Buy, Sears and Home Depot. Over the past decades, these companies have shaped the economy and physical landscape of various countries, such as America and Canada. In the United States, the most popular country, these companies are the most gigantic and most lucrative. Even though these stores have a positive impact on the world, many local residents are impacted by the costs associated with managing and developing these businesses. The government should require all “Big Box” companies to give back to their communities so as not to harm local small businesses or local stores or retail businesses, to fight poverty and to promote a healthy, eco-friendly environment. the environment. Box companies have helped increase productivity and lower consumer prices. They use high volume sales against price markups to generate profits; therefore, they are often able to sell their products at lower prices, which attracts more customers to their businesses than to small, local, independent stores. The higher the number of consumers, the higher the profit. But these stores primarily impact low-income local residents and retail stores. With the large amount of money they have, they invest it in advertising, special promotions; so the chains are capable of undermining small regional businesses and the wines...... middle of paper ......contribute largely to the well-being of local residents and businesses? It is unfair to penalize these companies to the detriment of the community. The government has no right to impose such a discriminatory law against these “big companies”. These laws will have a negative impact on the sustainability of the business, thus leading to bankruptcy. In conclusion, “big business” should incorporate a win-win business model in the form of corporate social responsibility by engaging in social actions that negatively impact business sustainability. positive impact on the environment, consumers, employees, communities, stakeholders and all other members of the public. This creation of shared value is based on the idea that business success and social well-being are interdependent. A business needs a healthy, educated workforce, sustainable resources, and competent government to compete effectively..