MGT Overproduction Credibility and Benefits Discussion Questions

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Watch the short video at the following link: https://www.youtube.com/watch?v=8pGoIFJQqCI

(Question):

Why overproduction is the biggest waste of all types of waste? 

MGT421

(Question):

Discuss how delivering bad news affects your credibility.

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Read the following and answer the questions that follows:

Walmart: “Save Money. Live Better.”

With annual revenues of almost half a trillion dollars (2017), 2.3 million employees, and nearly twelve thousand stores worldwide, Walmart is the largest private employer on the planet.In fact, it is bigger than many national economies, including some in the developed world. In 2007, it replaced its longstanding slogan, “Always Low Prices,” with “Save Money. Live Better.”Walmart attempts to demonstrate virtuousness by holding itself out as a responsible corporation, concerned especially for the lower-income families that make up the majority of its customers.But the company has experienced problems over the years, including lawsuits over illegal firing of employees, withholding of overtime pay and benefits, violations of foreign workers’ rights, wage violations, violations of child labor laws, and failure to provide health coverage where and when applicable. Thousands of Walmart’s U.S. employees are also reported to be receiving public assistance to make ends meet.Meanwhile, the Walton family, operators of the retailer that purports to help people “live better,” recently made $12.7 billion in a single day.

(Question):

As a company executive, would you try to increase employee benefits? Why or why not?

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