Unit 2 Business Test Walmart Questions And
Answers
Why do you think Lee Scott, President and CEO of Wal-Mart, says
that Wal-Mart has, "generated fear, if not envy in some circles"? -
correct answer ✅Responses will vary - Wal-Mart is the largest
corporation in the world, very wealthy, very powerful.
Why can't small businesses compete with Wal-Mart? -
correct answer ✅Wal-Mart receives incentives given by local
governments, lower prices, more selection/variety of products.
What advantages do small businesses have over Wal-Mart? -
correct answer ✅Small businesses often carry specialty items and
have better service
What incentives do local governments provide Wal-Mart to
encourage it to come to their communities? -
correct answer ✅Local governments often provide tax
incentives/abatements, subsidies, infrastructure like roads and
sewers.
What negative effects does Wal-Mart have on communities?
Property Values, Local Businesses, Town Centers, Traditional
Community Cohesiveness -
, Unit 2 Business Test Walmart Questions And
Answers
correct answer ✅Property Values: fall, especially in downtown
business core.
Local Businesses: close, deteriorate, suffer; lowers retail wages
Town Centres: vacant buildings, empty, loss of centre of town
culture
Traditional Community Cohesiveness: erosion of community bonds
How does Wal-Mart keep labour expenses low? Employees, Wages,
Benefits, Government Welfare Programs -
correct answer ✅Employees: fewer employees forced to do more
with less
Wages: low, no overtime
Benefits: inadequate/poor plans that are often unaffordable
Government Welfare Programs: employees encouraged by Wal-
Mart to offset poor wages and benefits.
How does Wal-Mart discourage organized labour (unions)? -
correct answer ✅use of anti-union response team.
profiling employee organizers.
monitor employee behaviour - prevent employees from
communicating/organizing at work, intimidation.
Answers
Why do you think Lee Scott, President and CEO of Wal-Mart, says
that Wal-Mart has, "generated fear, if not envy in some circles"? -
correct answer ✅Responses will vary - Wal-Mart is the largest
corporation in the world, very wealthy, very powerful.
Why can't small businesses compete with Wal-Mart? -
correct answer ✅Wal-Mart receives incentives given by local
governments, lower prices, more selection/variety of products.
What advantages do small businesses have over Wal-Mart? -
correct answer ✅Small businesses often carry specialty items and
have better service
What incentives do local governments provide Wal-Mart to
encourage it to come to their communities? -
correct answer ✅Local governments often provide tax
incentives/abatements, subsidies, infrastructure like roads and
sewers.
What negative effects does Wal-Mart have on communities?
Property Values, Local Businesses, Town Centers, Traditional
Community Cohesiveness -
, Unit 2 Business Test Walmart Questions And
Answers
correct answer ✅Property Values: fall, especially in downtown
business core.
Local Businesses: close, deteriorate, suffer; lowers retail wages
Town Centres: vacant buildings, empty, loss of centre of town
culture
Traditional Community Cohesiveness: erosion of community bonds
How does Wal-Mart keep labour expenses low? Employees, Wages,
Benefits, Government Welfare Programs -
correct answer ✅Employees: fewer employees forced to do more
with less
Wages: low, no overtime
Benefits: inadequate/poor plans that are often unaffordable
Government Welfare Programs: employees encouraged by Wal-
Mart to offset poor wages and benefits.
How does Wal-Mart discourage organized labour (unions)? -
correct answer ✅use of anti-union response team.
profiling employee organizers.
monitor employee behaviour - prevent employees from
communicating/organizing at work, intimidation.
