University Of Phoenix
I have been an employee, manager and owner for nearly twenty years. In that time I have seen changes in the economy, in how companies treat their employees and the working standard of the employees themselves. When we look back at the history of our country as whole the working conditions and its ethical guidelines have evolved, for some better and some worse In may fathers generation there were no child labor laws so it was acceptable that twelve year olds went to work to “feed the family.” They had little or no safety guidelines and if you were injured while working in a factory then your family had to go into work to make up for your lost time. There certainly were no written ethical standards that companies and employees had to adhere to and there was little protection for workers male or female. Our country on the early 1900’s was in a massive growth both in manufacturing and development. Our manufacturing and working conditions are a lot like China is today. In contrast, what our country may become is like the current economic situation in Germany. I will review two articles that explore what I feel like are our past and what may be our possible future.
The first article that I read for this assignment was review was about issues with Wal-Mart and China. I chose this because I do a lot of business for and with Wal-Mart and have done investing in businesses that are based in China. A majority of the products that are sold in Walmart stores today are made in China. They are one of the largest companies in the world and need to have access to a supplier that can keep up with their global need and at a cost that has favorable margins to the company. This is not what the founder; Sam Walton would have wanted you to believe of his company in the late 1980’s and early 1990’s. “One of Sam Walton's earliest imports from Asia was team spirit. Enthused by a factory cheer he witnessed in 1975...