The 49ers and the california ethos Essay Example | Topics and Well Written Essays - 750 words

The 49ers and the california ethos - Essay Example On many occasions, the gold mines and the mining camps took toll on people as it presented the issue of time and circumstances of returning to families and communities to be a different perspective away from the original quest for fortune. It brought forth a different view in terms of an individual, family and community at home as compared to the 49ers of the gold camps. To the married people, family, friends and community formed the basis that it difficult for them to go back home. To others, there were issues that included a commitment, responsibility, the chain of burdens and many other issues related to family. In the course of staying in California, some 49ers managed to keep the promise of returning after some period or sought for an extension of the original time specific. Despite these, majority of members deemed such agreements as being passed to the reality of California and the gold fields. The pleasantries of California and the hope to find something to return home on most occasions made it difficult for the 49ers to go home to their families. Many of the 49ers who thought that they would go to California and be back within a year found it had to keep that promise. This was influenced by the consideration of how one would return home. It was discouraging for 49ers to learn that they could only go back home little than they had come with or sometimes with nothing at all. The quest to find something much better to go home with made them stay even longer in California (Malcolm, 1997). With increased publications of free gold, people around the world continued flocking California, demand for almost everything kept increasing, and the prices for most commodities kept on skyrocketing. This made life more difficult rendering the 49ers with the inability to save for their return. As such it became a difficult question

Wal-Mart Research Paper Example | Topics and Well Written Essays - 1750 words - 1

Wal-Mart - Research Paper Example Sam Walton believed that impressive profits in any business do not source from charging high prices on goods and services, but from making high sales volume. Samuel Walton believed that he could only make smart profits if he did a lot of sales of his merchandise. For this reason, Samuel Walton resolved to reduce the prices of his merchandise below the market margin, which eventually played the most critical role in attracting many customers. With many customers, the rate of stock turn over in the Wal-Mart stores increased thereby resulting to high profit margins. The success of Wal-Mart stores should act as reflective mirror to any investor in the chain store industry. Wal-Mart’s success lines up with various economic and social benefits as well as negative implications in the line of economy, social and environmental arenas. Wal-Mart stores have worked towards eliminating monopolistic complacency in the American market by inducing high level of competition. Wal-Mart is known for its tendency to reduce handlers of its products to the shelves, a strategy achieved through the identification of viable vendors who inspect the stocks in the stores and in the shelves and organize for supply when necessary. The strategy has helped Wal-Mart stores in cutting costs, transferring the advantages transfers to the customers who eventually end up buying goods at low prices (Bargdahl 14). The reduction of prices charged on the final products by Wal-Mart has attracted many consumers to the Wal-Mart stores, an event that has seen decline in performance of the other competitors. Owing to the high competition from Wal-Mart, other market operators have been forced to lower their prices thus the benefit to the consumers. According to Bergdahl, Wal-Mart stores adopted advanced technology of loading and offloading, which applies the use of conveyor belts (41). Wal-Mart has therefore employed thousands of people who operate the