Each business needs to remain profitable in order to continue operations, but the pursuit of profit should never stop a company from fulfilling its basic societal obligations. Some companies, though, put a strong emphasis on social responsibility and will actually forego some profit in order to provide a greater overall benefit to society.
It seems that Wal-Mart and other big box retailers have substantially changed the relationship between goods manufacturers (suppliers) and giant retail buyers (like Wal-Mart). In what way has this relationship changed? Why is this important to consider and discuss? Does the current relationship help or hurt our nation’s economy? If it helps, how does it help? If it hurts, how does it hurt? Explain your answer fully.